NOT LISTED FOR SALE

186 Federal St Unit 1 Salem, MA 01970

Estimated Value: $443,000 - $653,000

2 Beds
2 Baths
1,305 Sq Ft
$200/mo HOA Fee

Last Sold March 22, 2021

Last sale price $455,000 $349 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,781/month

4 Days on Market

About This Home

As of March 2021

One eighty six Federal Street is Salem's newest address for sophististicated condominium living. This stunning first floor flat features an open floor plan, contemporary state of the art kitchen includes fireplace, stainless appliances and quartz counters, stunning living room that boasts of gleaming hardwood floors, gorgeous black marble fireplace crown moldings and private veranda. The unit includes 2 bedrooms and 1.5 fabulous designer baths. The systems include updated electric, great storage and deeded 2 car garage. Embrace the metropolitan lifestyle and easy access to transportation Salem has to offer.

Last Agent to Sell the Property

Merry Fox Team

MerryFox Realty Listed on: 02/18/2021

Co-Listed By

Betsy Merry

MerryFox Realty

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,154

Year Built

  • Built in 1846

Lot Details

  • Year Round Access

HOA Fees

  • $200 per month

Parking

  • 2 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:25 L:0063

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,154

Year Built

Built in 1846

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 328.74
  • Comp Based On: Net Sale Price
  • Year Built: 1846
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1846

Interior Features

  • Fireplaces: 2
  • Flooring: Laminate, Hardwood
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 15X13
  • Bedroom 2: On Level: First Floor, Dimension: 16X11
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 12X8, Bathroom - Full
  • Bathroom 2: On Level: First Floor, Dimension: 10X5, Bathroom - Half
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Dimension: 14X13
  • Living Room: On Level: First Floor, Dimension: 14X13
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95279
  • Main So: G62122
  • Estimated Sq Ft: 1305.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Insulation Feature: Partial
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking: Detached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Medical Facility, T-Station, University
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Acre: 0.22
  • Lot Size: 9400.00
  • Page: 175
  • Parcel Number: M:25 L:0063
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessor Parcel Number: 2131375
  • Tax Year: 2020

Multi Family

  • No Units: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $455,000 +6.1% $349 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $429,000 -- $329 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,154 $542,700 $0 $542,700
2024 $5,938 $511,000 $0 $511,000
2023 $5,750 $459,600 $0 $459,600
2022 $5,588 $421,700 $0 $421,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Merry Fox Team

    MerryFox Realty

    263 Total Sales

    Merry Fox Team
    Section Image

  • B

    Seller Co-Listing Agent in 2021

    Betsy Merry

    MerryFox Realty

    Section Image
  • Team Lillian Montalto

    Buyer's Agent in 2021

    Team Lillian Montalto

    Lillian Montalto Signature Properties

    (978) 815-6301

    1,005 Total Sales

    Team Lillian Montalto
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72787551

MLS Property Information Network (MLS PIN)

APN: SALE M:25 L:0063 S:801

Massachusetts Essex County Salem 01970

186 Federal St Unit 1, Salem, MA

This home is located at 186 Federal St Unit 1, Salem, MA 01970 since 18 February 2021 and is currently estimated at $576,347, approximately $441 per square foot. This property was built in 1846. 186 Federal St Unit 1 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Witchcraft Heights Elementary School, and Saltonstall School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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