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12 Rice St # 1, Salem MA 01970

Salem, MA 01970
$330,000
Est. $2,154/month
3
Beds
2
Baths
1,300
Sq Ft
$254
Price/Sq Ft
1880
Year Built
20
Days on Market
Closed Listed Jul 21, 2017 • MLS# 72201747 Copied!

About this home

Twelve Rice Street unit one is Salem's newest address for sophististicated condominium living. This rare" Philadelphia designed" unit features an open floor plan, contemporary state of the art kitchen includes Frigidaire Gallery stainless appliances and beautiful marble counters, wine cooler, wine rack, stunning living room that boasts of gleaming hardwood floors, designer lighting, crown molding, spa baths, private master suite with walk in closet, Lyric wifi thermostats, new electric, new high efficiency on demand hot water, all new windows security system, Ring video door bell that connects to your smart phone, exclusive yard area, walk to train and ferry to Boston and one car parking. Embrace the metropolitan lifestyle and easy access to transportation Salem has to offer.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
2
Living Area
1,300 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $359,000
Final Sale Price: $330,000
Difference: $29,000 (-8.1%)
Performance Metrics
91.9%
List to Sale Ratio
Sold below asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $276
Sale $/sq ft: $254
This property sold for $254 per square foot
Sale Summary

This property sold for 8.1% below the original asking price.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,300 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Range, Microwave, Refrigerator, Wine Refrigerator
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle
Features Patio, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio

Parking

Features Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Hardwood
Appliances: Range, Microwave, Refrigerator, Wine Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Style: Other (See Remarks)
Year Built: 1880
Effective Year (Renovated): 2017
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

12 Rice St # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $0
Homeowners Insurance $200
HOA Fee $285/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

45.9%
Price Range
21
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73248390
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 29, 2024
$610,000
MLS #73248390
Previous Transaction - MLS #72330681
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 1, 2018
$400,000
MLS #72330681
Sold
Aug 28, 2017
$330,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Jul 21, 2017
$349,900
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Jul 29, 2024 Sold $610,000
Aug 1, 2018 Sold $400,000
Jul 21, 2017 New Listing Added $349,900

Market Statistics

Days on Market
20 days
Price per Sq Ft
$254

Tax History

Year Taxes Assessment
2017 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2017
HOA Fee
$285
Monthly
Assessed Value
$0

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279
Listing Data Updated Aug 28, 2017 3:47 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

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