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145 Federal St # 3, Salem MA 01970

Salem, MA 01970
$565,000
Est. $3,842/month
2
Beds
1.5
Baths
1,205
Sq Ft
$469
Price/Sq Ft
1859
Year Built
12
Days on Market
Closed Listed Jul 26, 2023 • MLS# 73141134 Copied!

About this home

On a picturesque, tree-lined street in the heart of downtown Salem’s vibrant McIntire Historic District, this distinctive residence pairs the period detail of the stately exterior with a more contemporary aesthetic inside culminating in an offering that’s charming, stylish and undeniably cool. Impressive ceiling height and oversized windows welcome you into this 2nd and 3rd floor unit with natural light, hardwood floors, and a wood-burning fireplace. Walk past the ½ bathroom and into the eat-in kitchen or head up the spiral staircase where you’ll find the primary bedroom with in-unit laundry, a modern bathroom and a 2nd bedroom that can also comfortably double as an office, nursery or guest room. Newer central heating/cooling system, several upper-level skylights and garage parking. Only a ½ mile to the Commuter Rail and walking distance to everything that Salem has to offer!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1859
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,205 sq ft
Total Rooms
4
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $529,000
Final Sale Price: $565,000
Difference: +$36,000 (+6.8%)
Performance Metrics
106.8%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $439
Sale $/sq ft: $469
This property sold for $469 per square foot
Sale Summary

This property sold for 6.8% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 9 similar properties sold within 0.5 miles in the last 90 days

This Property
$469/sq ft
Area Average
$380/sq ft
Difference
+23.3%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1859
Living Area 1,205 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry Third Floor, In Unit, Electric Dryer Hookup
Features Internet Available - Broadband

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street
Total Spaces 2

Utilities

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

Financial

Annual Tax $5,817
Assessed Value $465,000

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Broadband
Windows: Storm Window(s)
Basement: N
Laundry: Third Floor, In Unit, Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1859
Effective Year (Renovated): 1980
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, University

Location

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Neighborhood

145 Federal St # 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

9 schools
The Phoenix School
0.3 mi
Grades PK-08
The Greenhouse School
1.6 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
Witchcraft Heights School
0.8 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
0.9 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
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-
Carlton School
1.1 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
1.4 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
1.4 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
0.4 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
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
1.0 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
Learn about these ratings

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 $300/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

29.6%
Price Range
14
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Aug 25, 2023
$565,000
Property sold
Days on Market: 14
🏠
Listed for Sale
Jul 26, 2023
$529,000
Original listing
Agent: Matthew Slowik Office: Compass
Previous Transaction - MLS #72307379
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 29, 2018
$398,000
MLS #72307379

Price & Status History

Date Event Price Change
Apr 24, 2026 Sold $599,999
Feb 11, 2026 Sold $599,999
Jul 26, 2023 New Listing Added $529,000
Jun 29, 2018 Sold $398,000

Market Statistics

Days on Market
12 days
Price per Sq Ft
$469

Tax History

Year Taxes Assessment
2023 $5,817 $465,000

Financial Details

Annual Property Tax
$5,817
Tax Year 2023
HOA Fee
$300
Monthly
Assessed Value
$465,000

Listing Information

Listing Agent Matthew Slowik
Listing Office Compass
Agent MLS ID CN208587
Office MLS ID AN2606
Listing Data Updated Aug 28, 2023 9:49 AM 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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