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16-18 Phelps Street # 1, Salem MA 01970

Salem, MA 01970
$499,000
Est. $3,407/month
2
Beds
2
Baths
860
Sq Ft
$580
Price/Sq Ft
0.20
Acres
1920
Year Built
56
Days on Market
Pending Price Drop -$10,000 Listed Mar 17, 2026 • MLS# 73486755 Copied!

About this home

OPEN HOUSE CANCELLED! OFFER ACCEPTED. 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.

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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

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 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 $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

Market Insights

1
Price Changes
2%
Price Range

Property Timeline

📝
Contingency Update
May 7, 2026
Pending P&S
📋
Status: Active under contract
May 2, 2026
Active → Active Under Contract
Pending Sale
May 1, 2026
Offer accepted, sale pending
Price Reduced
Apr 16, 2026
$499,000 $10,000 (-1.96%)
From $509,000 to $499,000 (-2.0%)
👁️
Showing Instructions Updated
Apr 15, 2026
New showing requirements
👁️
Showing Instructions Updated
Mar 23, 2026
New showing requirements
🏠
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
May 2, 2026 Status: Active under contract $0
Apr 16, 2026 Price Changed $499,000 -$10,000
Mar 17, 2026 New Listing Added $509,000

Market Statistics

Days on Market
56 days
Price per Sq Ft
$580
Total Price Drop
-$10,000

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 Data Updated May 13, 2026 4:58 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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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
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