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16 Admirals Lane # 16, Salem MA 01970

Salem, MA 01970
$448,100
Est. $3,252/month
2
Beds
2.5
Baths
1,708
Sq Ft
$262
Price/Sq Ft
1999
Year Built
19
Days on Market
Closed Listed Jul 24, 2020 • MLS# 72696289 Copied!

About this home

Privacy, views, access. Nestled at the end of a cul-de-sac, this tree lined home provides privacy and convenience. French doors enter into a bright and sunny open concept design in the living areas, with captivating views of woodlands. The living room and dining area include a gas fireplace and wood floors. Spacious kitchen with stainless appliances & deck access. A half bathroom is also featured on this first floor. Second floor provides two generous bedrooms each with en-suite bathrooms, wood floors & vaulted ceilings. A finished room in the lower level opens to outdoor space and access to the garage & laundry. Great for an office, den or playroom. Other features include a jacuzzi tub, large walk-in closet on 3rd level, central air, central vacuum. Easy access to trails, the commuter rail, 128, 1A, Rte 1 & 95.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1999
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,708 sq ft
Total Rooms
5
Stories
3
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $429,000
Final Sale Price: $448,100
Difference: +$19,100 (+4.5%)
Performance Metrics
104.5%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $251
Sale $/sq ft: $262
This property sold for $262 per square foot
Sale Summary

This property sold for 4.5% 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.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$262/sq ft
Area Average
$252/sq ft
Difference
+3.9%

This property sold slightly above the area average for similar homes.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1999
Living Area 1,708 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Basement
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 3

Utilities

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

Financial

Annual Tax $5,484
Assessed Value $379,500

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Storm Window(s)
Basement: Y
Laundry: In Basement
Security:

Construction & Materials

Year Built: 1999
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Under, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities:

Location

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Neighborhood

16 Admirals Lane # 16, 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 $457
Homeowners Insurance $200
HOA Fee $329/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

59.4%
Price Range
21
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73428033
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 25, 2025
$690,000
MLS #73428033
Sold
Sep 15, 2020
$448,100
Property sold
Days on Market: 21
🏠
Listed for Sale
Jul 24, 2020
$429,000
Original listing
Agent: Christine Cowden Office: Coldwell Banker Realty - Marblehead
Previous Transaction - MLS #71918375
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 13, 2016
$280,000
MLS #71918375

Price & Status History

Date Event Price Change
Nov 25, 2025 Sold $690,000
Jul 24, 2020 New Listing Added $429,000
Apr 13, 2016 Sold $280,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$262

Tax History

Year Taxes Assessment
2020 $5,484 $379,500

Financial Details

Annual Property Tax
$5,484
Tax Year 2020
HOA Fee
$329
Monthly
Assessed Value
$379,500

Listing Information

Listing Agent Christine Cowden
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID C8001677
Office MLS ID AN6221
Listing Data Updated Sep 16, 2020 11:05 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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