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16 America Way, Salem MA 01970

Salem, MA 01970
$277,000
Est. $2,289/month
2
Beds
2
Baths
1,122
Sq Ft
$247
Price/Sq Ft
1980
Year Built
165
Days on Market
Closed Listed Sep 20, 2018 • MLS# 72398261 Copied!

About this home

This unit is priced to sell and offer's will be reviewed as they come in. Plenty of closet space and storage throughout the unit. In-unit laundry space and private garage parking. Fabulous living with clubhouse, pool, & tennis court for this Garden style condo on America Way, nicely maintained, walkout to to patio, move in condition, Large Living room dining room combination with walk in closet Master bedroom with master bath, guest bedroom with walk-in closet, beautiful custom woodwork with chair rail and cap detail, central air, 1 car garage, Move right in, sellers can accommodate fast closing, close to Whole Foods, Stop N Shop, TJ Maxx and Marshalls, major banks, restaurants and beaches too! so enjoy all the amenities! 3k seller closing cost credit offered for Buyers

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,122 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $277,000
Difference: $72,900 (-20.8%)
Performance Metrics
79.2%
List to Sale Ratio
Sold below asking price
165
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $312
Sale $/sq ft: $247
This property sold for $247 per square foot
Sale Summary

This property sold for 20.8% below the original asking price.

At 165 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$247/sq ft
Area Average
$131/sq ft
Difference
+89.2%

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 1980
Living Area 1,122 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric
Cooling Central Air
Flooring Vinyl, Carpet, Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry First Floor
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Garage Door Opener, Deeded, Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $3,739
Assessed Value $243,100

Interior Features

Flooring: Vinyl, Carpet, Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: First Floor
Security:

Construction & Materials

Year Built: 1980
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Under, Garage Door Opener, Deeded, Off Street

Location

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Neighborhood

16 America Way, 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 Greenhouse School
1.0 mi
Grades PK-08
B+
Swampscott Elementary School
1.0 mi | #326 of 824 | Score: 50.0
Dropped 54 spots from last year
-8.2 below state avg
Limited historical data for year-over-year comparison
734 students Moderate
Grades K-04
The Hathaway School
1.3 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Swampscott Middle School
0.9 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
C-
Thurgood Marshall Middle School
1.7 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Collins Middle School
1.9 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
H

High Schools

3 schools
A-
Swampscott High School
0.8 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
B
Salem High School
1.4 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
A-
Marblehead High School
1.9 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

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 $312
Homeowners Insurance $200
HOA Fee $377/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

48.7%
Price Range
168
Total Days on Market
4
Previous Sales

Property Timeline

Previous Transaction - MLS #73295044
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 13, 2025
$540,000
MLS #73295044
Previous Transaction - MLS #72988871
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 15, 2022
$450,000
MLS #72988871
Previous Transaction - MLS #72920579
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 18, 2022
$365,000
MLS #72920579
Previous Transaction - MLS #72705296
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 24, 2020
$365,000
MLS #72705296
Sold
Apr 18, 2019
$277,000
Property sold
Days on Market: 168
🏠
Listed for Sale
Sep 20, 2018
$299,900
Original listing
Agent: Sherry L. Venezia Office: Real Homes Realty

Price & Status History

Date Event Price Change
Mar 13, 2025 Sold $540,000
Jul 15, 2022 Sold $450,000
Jan 18, 2022 Sold $365,000
Sep 24, 2020 Sold $365,000
Sep 20, 2018 New Listing Added $299,900

Market Statistics

Days on Market
165 days
Price per Sq Ft
$247

Tax History

Year Taxes Assessment
2018 $3,739 $243,100

Financial Details

Annual Property Tax
$3,739
Tax Year 2018
HOA Fee
$377
Monthly
Assessed Value
$243,100

Listing Information

Listing Agent Sherry L. Venezia
Listing Office Real Homes Realty
Agent MLS ID C7667557
Office MLS ID AC2356
Listing Data Updated Apr 19, 2019 3:26 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

Real-time market trends and pricing data for this area

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