LevelFirst
107 Federal St # 1, Salem MA 01970
Salem, MA 01970
$995,000
Est. $5,613/month
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Open House Schedule
16
Aug
Sunday, August 16
11:30 AM - 1:00 PM EDT
15
Aug
Saturday, August 15
11:30 AM - 1:00 PM EDT
About this home
Newly constructed residential unit built in what was once a circa 1890 dry goods store. Bask in the bountiful natural light from the original 96" tall storefront windows, gaze upon a lovely square or close the top down/bottom up shades for maximum privacy. Entertain in comfort while enjoying all that light in the open concept living/dining/kitchen area. Feel the spaciousness afforded by the high ceilings. Admire the details that set this home apart, including the open new $15,000 custom mahogany front door, the custom mahogany French windows in the primary bedroom, the kitchen cabinets that extend all the way to the ceiling, the chic bathrooms. Stay cool in the new central air. Consider the safety of the new fully sprinklered fire suppression system. In addition to the two bedrooms on the first level, spread out in the lower level large, private family room, the spacious office/guest bedroom, the separate laundry room, and the full bath. Off street parking. Enjoy life on one of Salem's finest tree lined streets in the heart of the McIntire Historic District, yet walk to the train to Boston, downtown Salem restaurants and shops, the Atheneum and the library in eight minutes or less. If you want everything new, but plain vanilla boxes are not for you, come home to this home with soul.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 14, 2026
$995,000
Original listing
Agent: Richard Jagolta
Office: Seaport Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/14/2026 | 🏠 Listed for Sale | $995,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2027 | $1,584 | $446,400 |
Financial Details
Annual Property Tax
$1,584
Tax Year 2027
HOA Fee
$250
Per month
Assessed Value
$446,400
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1890
Living Area
1,609 sq ft
Lot Size
0.05 acres
Stories
3
Bedrooms
3
Full Baths
2
Total Rooms
6
Interior
Heating
Baseboard, Natural Gas
Cooling
Central Air
Flooring
Wood, Stone / Slate
Appliances
Range, Dishwasher, Disposal, Refrigerator
Fireplace
None
Basement
Y
Laundry
In Basement, In Unit
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
Off Street
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$1,584
Assessed Value
$446,400
HOA & Community
HOA Fee
$250
Fee Includes
Water, Sewer, Insurance
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
None
Seller Disclosures
Assessed Value Is Pre-construction. Lower Level Office/guest Bedroom Does Not Have Full Height Window Emergency Access. Condo Association Fee Is Estimated Based On Past History. Property Is Owned By A Mass. Licensed Real Estate Broker.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["2/3 Family"]
Unit/Building
1
Sq Ft Source
Public Record
Sq Ft Disclosures
Public record reflects pre-construction square footage, and is to be considered approximate.
Documents
None
County
Essex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
3
Full Bathrooms
2
Living Area
1,609 sq ft
Total Rooms
6
Stories
3
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
909 sq ft above grade
700 sq ft below grade
LevelFirst
LevelFirst
LevelFirst
LevelFirst
LevelBasement
LevelBasement
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Stone / Slate
Appliances:
Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows:
Basement:
Y
Laundry:
In Basement, In Unit
Security:
Construction & Materials
Year Built:
1890
Structure Type:
2/3 Family
Exterior Materials:
Roof:
Shingle
Foundation:
Stories:
3
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
3
Cooling:
Central Air
Cooling Zones:
3
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
Off Street
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
0.5 mi
Grades PK-08
The Greenhouse School
1.7 mi
Grades PK-08
B-
Saltonstall School
0.8 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
B-
Carlton School
0.9 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B+
Bates School
1.0 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.0 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
1.1 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.2 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.2 mi
106 students
Diverse
Diverse Student Body
Grades PK
Middle Schools
1 school
C+
Collins Middle School
0.5 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.8 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.2 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$132
Homeowners Insurance
$200
HOA Fee
$250/mo
PMI (if <20% down)
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
107 Federal St # 1, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Richard Jagolta
Listing Office
Seaport Realty
Office Phone
978-590-5000
Agent MLS ID
C8000243
Office MLS ID
NB5033
Listing Data Updated
Aug 14, 2026 5:14 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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