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16 Admirals Ln # 16, Salem MA 01970

Salem, MA 01970
$280,000
Est. $2,311/month
2
Beds
2.5
Baths
1,708
Sq Ft
$164
Price/Sq Ft
1999
Year Built
89
Days on Market
Closed Listed Oct 13, 2015 • MLS# 71918375 Copied!

About this home

Priced to sell, this bright and sunny townhouse located at the end of a cul-de-sac offers privacy without sacrificing convenience! Through french doors, enter into the tiled foyer. A curved staircase leads you into the open concept main living area. The kitchen has all stainless appliances, quartz countertops, and tile floor. The living room and dining area offer a gas fireplace and glimmering hardwood floors. The second floor offers TWO master bedrooms each with ensuite bathrooms and vaulted ceilings. The lower level provides access to the garage, laundry, and a bonus room that would be a great office or den. Other unit features include central vacuum, a jacuzzi tub, half-bathroom on main level, and a large walk-in closet on the 3rd level.

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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
4
Stories
4
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $329,000
Final Sale Price: $280,000
Difference: $49,000 (-14.9%)
Performance Metrics
85.1%
List to Sale Ratio
Sold below asking price
89
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $193
Sale $/sq ft: $164
This property sold for $164 per square foot
Sale Summary

This property sold for 14.9% below the original asking price.

The property spent 89 days on market before selling.

Nearby Sales Comparison

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

This Property
$164/sq ft
Area Average
$252/sq ft
Difference
35.0%

This property sold below the area average, potentially representing good value for the buyer.

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 4

Interior

Heating Forced Air, Natural Gas, Fireplace
Cooling Central Air
Flooring Wood, Tile, Carpet, Flooring - Wall To Wall Carpet, Flooring - Stone/ceramic Tile, Flooring - Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer, Vacuum System
Fireplace None
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Features Recessed Lighting, Ceiling Fan(s), Bonus Room, Foyer, Living/dining Rm Combo, Central Vacuum, Walk-up Attic

Exterior

Construction None
Architecture None
Roof Shingle
Features Deck - Wood, Screens, Rain Gutters, Stone Wall
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage
Total Spaces 4

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $4,912
Assessed Value $299,300

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile, Flooring - Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Vacuum System
Interior Features: Recessed Lighting, Ceiling Fan(s), Bonus Room, Foyer, Living/Dining Rm Combo, Central Vacuum, Walk-up Attic
Windows: Storm Window(s), Screens
Basement: Y
Laundry: In Basement, In Unit, Gas Dryer Hookup, Washer Hookup
Security: Security System

Construction & Materials

Year Built: 1999
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 4

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Fireplace
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Wood, Screens, Rain Gutters, Stone Wall
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Under, Garage Door Opener, Storage

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Golf, Medical Facility, Conservation Area, Public School, University

Location

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Neighborhood

16 Admirals Ln # 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 $409
Homeowners Insurance $200
HOA Fee $286/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
95
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
Previous Transaction - MLS #72696289
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 15, 2020
$448,100
MLS #72696289
Sold
Apr 13, 2016
$280,000
Property sold
Days on Market: 95
🏠
Listed for Sale
Oct 13, 2015
$309,000
Original listing
Agent: Sam Lockard Office: Coldwell Banker Residential Brokerage - Manchester

Price & Status History

Date Event Price Change
Nov 25, 2025 Sold $690,000
Sep 15, 2020 Sold $448,100
Oct 13, 2015 New Listing Added $309,000

Market Statistics

Days on Market
89 days
Price per Sq Ft
$164

Tax History

Year Taxes Assessment
2015 $4,912 $299,300

Financial Details

Annual Property Tax
$4,912
Tax Year 2015
HOA Fee
$286
Monthly
Assessed Value
$299,300

Listing Information

Listing Office Coldwell Banker Residential Brokerage - Manchester
Agent MLS ID CN207133
Office MLS ID C75001
Listing Data Updated Apr 14, 2016 8:20 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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