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16 America Way, Salem MA 01970

Salem, MA 01970
$365,000
Est. $2,766/month
2
Beds
2
Baths
1,122
Sq Ft
$325
Price/Sq Ft
1980
Year Built
37
Days on Market
Closed Listed Nov 16, 2021 • MLS# 72920579 Copied!

About this home

It's the beginning of the "Season of Giving", so ask yourself, what was the last great gift that you got for yourself? One that you will be able to enjoy for years to come? Well, here it is - this lovingly maintained spacious 2-bedroom, 2 full bath is what you've been looking for. The move-in condition condo has a large open living/dining room, well-appointed kitchen with bar-stool counter for seating, large second bedroom with common bathroom. The primary bedroom with en-suite bath is on the rear side adding a more tranquil private feel The unit features plenty of closet space, central air, IN-UNIT laundry, a 1-car garage and patio, while amenities in the complex include a swimming pool, tennis court, and clubhouse. Convenient to Marblehead,Tedesco Country Club, all the shops, restaurants & banks in Vinnin Sq, as well as the commuter rail station & beach. Much like the year, this unit is sure to be gone soon. Multiple offer notification - highest & best due by 12/11/21 at 6PM

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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
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $364,900
Final Sale Price: $365,000
Difference: +$100 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold above asking price
37
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $325
Sale $/sq ft: $325
This property sold for $325 per square foot
Sale Summary

This property sold for 0.0% above the original asking price, indicating strong buyer demand.

The property spent 37 days on market before selling.

Nearby Sales Comparison

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

This Property
$325/sq ft
Area Average
$131/sq ft
Difference
+149.0%

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, Electric
Cooling Central Air
Flooring Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Internet Available - Unknown

Exterior

Construction None
Architecture None
Roof None
Features Patio, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Deeded, Off Street, Tandem, Guest, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,784
Assessed Value $274,200

Interior Features

Flooring: Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Unknown
Windows:
Basement: N
Laundry: Main Level, Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1980
Structure Type: Garden, Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Deeded, Off Street, Tandem, Guest, Paved

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 $315
Homeowners Insurance $200
HOA Fee $405/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
39
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
Sold
Jan 18, 2022
$365,000
Property sold
Days on Market: 39
🏠
Listed for Sale
Nov 16, 2021
$364,900
Original listing
Agent: Nicholas Newhall Office: Century 21 Tradition
Previous Transaction - MLS #72705296
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 24, 2020
$365,000
MLS #72705296
Previous Transaction - MLS #72398261
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 18, 2019
$277,000
MLS #72398261

Price & Status History

Date Event Price Change
Mar 13, 2025 Sold $540,000
Jul 15, 2022 Sold $450,000
Nov 16, 2021 New Listing Added $364,900
Sep 24, 2020 Sold $365,000
Apr 18, 2019 Sold $277,000

Market Statistics

Days on Market
37 days
Price per Sq Ft
$325

Tax History

Year Taxes Assessment
2021 $3,784 $274,200

Financial Details

Annual Property Tax
$3,784
Tax Year 2021
HOA Fee
$405
Monthly
Assessed Value
$274,200

Listing Information

Listing Agent Nicholas Newhall
Listing Office Century 21 Tradition
Agent MLS ID CN211425
Office MLS ID AN5406
Listing Data Updated Jan 18, 2022 3:49 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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