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16 Admirals Ln # 16, Salem MA 01970

Salem, MA 01970
$690,000
Est. $4,621/month
2
Beds
2.5
Baths
2,139
Sq Ft
$323
Price/Sq Ft
1999
Year Built
50
Days on Market
Closed Listed Sep 9, 2025 • MLS# 73428033 Copied!

About this home

Welcome to a private oasis, beautifully updated 2 bed, 2.5 bath townhouse surrounded by lush foliage, like botanical gardens, privacy & tranquility steps from town & train. Seller willing to offer buyer incentive: including potential rate buy-down or closing cost credit. Modern sunlit living with large windows, an ideal space for entertaining or unwinding by gas fireplace, flowing seamlessly into dining & kitchen, abundant cabinets, quartz counters, SS appliances & sliders to peaceful private deck. Upstairs 2 large primary bedrooms with vaulted ceilings & updated ensuite bathrooms, grand primary with double doors & beautifully renovated luxurious spa like bath with jetted tub & tiled shower. Versatile finished LL, a perfect lounge or office with sliders to private patio & attached garage with new electric car charger.Perfect retreat year-round or serene weekend getaway by Salem Woods Nature Trail, minutes from downtown, shopping, restaurants, historic sites, Boston a short ride away.

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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
2,139 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $729,900
Final Sale Price: $690,000
Difference: $39,900 (-5.5%)
Performance Metrics
94.5%
List to Sale Ratio
Sold below asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $341
Sale $/sq ft: $323
This property sold for $323 per square foot
Sale Summary

This property sold for 5.5% below the original asking price.

The property spent 50 days on market before selling.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$323/sq ft
Area Average
$264/sq ft
Difference
+22.4%

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 1999
Living Area 2,139 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Disposal, Microwave, Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer
Fireplace Family Room
Fireplaces 1
Basement Y
Laundry In Basement, In Unit
Features Central Vacuum

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Paved
Total Spaces 4

Utilities

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

Financial

Annual Tax $5,881
Assessed Value $518,600

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Disposal, Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer
Interior Features: Central Vacuum
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Unit
Security: Security System

Construction & Materials

Year Built: 1999
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 4
Parking Features: Attached, Under, Paved

Special Features

Fireplaces: 1
Fireplace Type: Family Room
Community Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station

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 $490
Homeowners Insurance $200
HOA Fee $442/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

1.4%
Price Range
106
Total Days on Market

Property Timeline

Sold
Nov 25, 2025
$690,000
Property sold
Days on Market: 106
🏠
Listed for Sale
Sep 9, 2025
$699,900
Original listing
Agent: Patricia Nunez Office: Redfin Corp.

Price & Status History

Date Event Price Change
Sep 9, 2025 New Listing Added $699,900

Market Statistics

Days on Market
50 days
Price per Sq Ft
$323

Tax History

Year Taxes Assessment
2025 $5,881 $518,600

Financial Details

Annual Property Tax
$5,881
Tax Year 2025
HOA Fee
$442
Monthly
Assessed Value
$518,600

Listing Information

Listing Agent Patricia Nunez
Listing Office Redfin Corp.
Agent MLS ID CN206323
Office MLS ID NB3534
Listing Data Updated Nov 25, 2025 2:51 PM EST
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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