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12 Rice St. # 1, Salem MA 01970

Salem, MA 01970 • Salem Neck
$400,000
Est. $2,925/month
3
Beds
2
Baths
1,300
Sq Ft
$308
Price/Sq Ft
1880
Year Built
19
Days on Market
Closed Listed May 18, 2018 • MLS# 72330681 Copied!

About this home

SUNDAY OPEN HOUSE CANCELED! OFFER ACCEPTED Twelve Rice Street unit one is the definition of sophisticated condominium living. This rare" Philadelphia designed" unit features an open floor plan, contemporary state of the art kitchen which includes Frigidaire Gallery stainless appliances and beautiful marble counters, wine cooler and wine rack. The stunning living room boasts of gleaming hardwood floors, designer lighting, crown molding, 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. Showings will begin at open houses Thursday (5/24) from 5:30-7 PM and Sunday (5/27) from 1-2:30 PM

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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: $399,900
Final Sale Price: $400,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $308
Sale $/sq ft: $308
This property sold for $308 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

With only 19 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 None
Appliances Range, Microwave, Refrigerator, Wine Refrigerator
Fireplace None
Fireplaces 1
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
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 $5,826
Assessed Value $378,800

Interior Features

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

Construction & Materials

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

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Location

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Neighborhood

Salem Neck

12 Rice St. # 1, 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

9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
2.4 mi
Grades PK-08
B-
Carlton School
< 0.1 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.6 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
0.6 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
0.9 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-
Saltonstall School
1.3 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
Witchcraft Heights School
1.9 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
2.0 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
M

Middle Schools

1 school
C+
Collins Middle School
1.5 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

2 schools
B+
Salem Academy Charter School
1.1 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
2.1 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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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 $485
Homeowners Insurance $200
HOA Fee $217/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
Sold
Aug 1, 2018
$400,000
Property sold
Days on Market: 21
🏠
Listed for Sale
May 18, 2018
$399,900
Original listing
Agent: Michael Shea Office: MerryFox Realty
Previous Transaction - MLS #72201747
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 28, 2017
$330,000
MLS #72201747

Price & Status History

Date Event Price Change
Jul 29, 2024 Sold $610,000
May 18, 2018 New Listing Added $399,900
Aug 28, 2017 Sold $330,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$308

Tax History

Year Taxes Assessment
2018 $5,826 $378,800

Financial Details

Annual Property Tax
$5,826
Tax Year 2018
HOA Fee
$217
Monthly
Assessed Value
$378,800

Listing Information

Listing Agent Michael Shea
Listing Office MerryFox Realty
Agent MLS ID CN214329
Office MLS ID C95279
Listing Data Updated Aug 1, 2018 9:09 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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