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110 Federal # 3, Salem MA 01970

Salem, MA 01970
$435,000
Est. $3,169/month
1
Beds
1
Baths
803
Sq Ft
$542
Price/Sq Ft
0.19
Acres
1790
Year Built
7
Days on Market
Closed Listed May 14, 2024 • MLS# 73233508 Copied!

About this home

Welcome to Salem's coveted Samuel McIntire Historic District! Here's your chance to own a piece of history in the John Orne House, designed by the famous American Architect. Located on one of the prettiest tree lined streets on the North Shore, this condo conversion is accessible to the T station, downtown shopping, cafes, restaurants, museums, and more! This unit is located on the top floor of the main house. From the foyer enter into the large sun filled living area, with an extra deep closet and access to attic storage. Built in bookcases line the entry to the spacious updated eat in kitchen with gas stove, shaker style cabinets, granite counters, and stainless appliances. The bathroom has been upgraded with a new vanity, light fixture, and glass tub screen. Hardwood floors throughout. 2 electric a/c pumps. 2 off-street parking spaces provided. The property offers a shared patio area, yard space, and garden. Self managed association. Condo fee includes heat and hot water.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1790
Bedrooms
1
Full Bathrooms
1
Living Area
803 sq ft
Total Rooms
4
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $427,000
Final Sale Price: $435,000
Difference: +$8,000 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
7
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $532
Sale $/sq ft: $542
This property sold for $542 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 7 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$542/sq ft
Area Average
$365/sq ft
Difference
+48.5%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1790
Living Area 803 sq ft
Lot Size 0.19 acres
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Steam, Oil
Cooling Heat Pump
Flooring Wood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle, Rubber
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Deeded
Total Spaces 2

Utilities

Electric 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,433
Assessed Value $381,500

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows: Storm Window(s)
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1790
Effective Year (Renovated): 2002
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Oil
Heating Zones: 1
Cooling: Heat Pump
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Deeded

Location

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Neighborhood

110 Federal # 3, Salem MA 01970

Salem, MA 01970

Walkability

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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
E

Elementary Schools

3 schools
The Phoenix School
0.4 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
M

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
H

High Schools

3 schools
B+
Salem Academy Charter School
0.9 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
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $369
Homeowners Insurance $200
HOA Fee $400/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.8%
Price Range
21
Total Days on Market

Property Timeline

Sold
Jun 10, 2024
$435,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 14, 2024
$427,000
Original listing
Agent: Justina Oliver Office: J. Barrett & Company

Price & Status History

Date Event Price Change
May 14, 2024 New Listing Added $427,000

Market Statistics

Days on Market
7 days
Price per Sq Ft
$542

Tax History

Year Taxes Assessment
2024 $4,433 $381,500

Financial Details

Annual Property Tax
$4,433
Tax Year 2024
HOA Fee
$400
Monthly
Assessed Value
$381,500

Listing Information

Listing Agent Justina Oliver
Listing Office J. Barrett & Company
Agent MLS ID C9501412
Office MLS ID AC2087
Listing Data Updated Jun 10, 2024 3:32 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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