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16-18 Phelps Street # 1, Salem MA 01970

Salem, MA 01970
$509,000
Est. $3,458/month
2
Beds
2
Baths
860
Sq Ft
$592
Price/Sq Ft
0.20
Acres
1920
Year Built
2 hours 16 minutes
Time on Market
Active Open House Listed Mar 17, 2026 • MLS# 73486755 Copied!

About this home

Tucked on the edge of the highly desirable McIntire Historic District, one of Salem’s most picturesque neighborhoods, this beautifully renovated condominium is set on a peaceful dead-end street. Completely updated in 2021, the thoughtfully designed interior features an updated kitchen, two bedrooms, two full baths, including a private primary bath and in-unit laundry. Contemporary finishes in both the kitchen and baths complement the home’s character, while updated systems and central air conditioning provide comfort and efficiency. An open layout creates an inviting atmosphere ideal for both everyday living and entertaining. Additional highlights include two deeded parking spaces, access to a shared backyard and newly installed stone patio—perfect for enjoying outdoor gatherings. The basement area provides additional private storage. Ideally located just moments from downtown Salem’s renowned restaurants, shops, museums, and waterfront, this pet-friendly condo is move-in ready.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
860 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Open House Schedule

20
Mar
Friday, March 20
5:00 PM - 6:30 PM EDT
21
Mar
Saturday, March 21
12:00 PM - 1:30 PM EDT
22
Mar
Sunday, March 22
12:00 PM - 1:30 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 860 sq ft
Lot Size 0.20 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Natural Gas
Cooling Central Air
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof Other
Features Porch, Fenced Yard, Garden
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch

Parking

Features Tandem
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,328
Assessed Value $490,300

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2021
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Other
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Tandem

Location

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Neighborhood

16-18 Phelps Street # 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

3 schools
The Phoenix School
0.5 mi
Grades PK-08
B-
Saltonstall School
0.6 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
C-
Horace Mann Laboratory School
0.7 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

2 schools
C+
Collins Middle School
0.2 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
B+
Village School
2.0 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

3 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
0.8 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
1.7 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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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 $444
Homeowners Insurance $200
HOA Fee $240/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

Property Timeline

🏠
Listed for Sale
Mar 17, 2026
$509,000
Original listing
Agent: Kathy Culkin Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Mar 17, 2026 New Listing Added $509,000

Market Statistics

Time on Market
2 hours 16 minutes
Price per Sq Ft
$592

Tax History

Year Taxes Assessment
2026 $5,328 $490,300

Financial Details

Annual Property Tax
$5,328
Tax Year 2026
HOA Fee
$240
Monthly
Assessed Value
$490,300

Listing Information

Listing Agent Kathy Culkin
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CN221686
Office MLS ID AN6221
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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16-18 Phelps Street # 1, Salem MA 01970 - Photo 1 16-18 Phelps Street # 1, Salem MA 01970 - Photo 2 16-18 Phelps Street # 1, Salem MA 01970 - Photo 3 16-18 Phelps Street # 1, Salem MA 01970 - Photo 4 16-18 Phelps Street # 1, Salem MA 01970 - Photo 5 16-18 Phelps Street # 1, Salem MA 01970 - Photo 6 16-18 Phelps Street # 1, Salem MA 01970 - Photo 7 16-18 Phelps Street # 1, Salem MA 01970 - Photo 8 16-18 Phelps Street # 1, Salem MA 01970 - Photo 9 16-18 Phelps Street # 1, Salem MA 01970 - Photo 10 16-18 Phelps Street # 1, Salem MA 01970 - Photo 11 16-18 Phelps Street # 1, Salem MA 01970 - Photo 12 16-18 Phelps Street # 1, Salem MA 01970 - Photo 13 16-18 Phelps Street # 1, Salem MA 01970 - Photo 14 16-18 Phelps Street # 1, Salem MA 01970 - Photo 15 16-18 Phelps Street # 1, Salem MA 01970 - Photo 16 16-18 Phelps Street # 1, Salem MA 01970 - Photo 17 16-18 Phelps Street # 1, Salem MA 01970 - Photo 18 16-18 Phelps Street # 1, Salem MA 01970 - Photo 19 16-18 Phelps Street # 1, Salem MA 01970 - Photo 20 16-18 Phelps Street # 1, Salem MA 01970 - Photo 21 16-18 Phelps Street # 1, Salem MA 01970 - Photo 22 16-18 Phelps Street # 1, Salem MA 01970 - Photo 23
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