16 America Way, Salem MA 01970

Salem, MA 01970 • South Salem
$540,000
Est. $2,874/month
2
Beds
2
Baths
1,361
Sq Ft
$397
Price/Sq Ft
1980
Year Built
Condominium
Type
140
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73295044

About this home

Move-in ready! 2 Bedroom / 2 Bathroom condominium located on the main living level. Close to 1,400sf, single-level living, genuine hardwood Maple flooring, with an open floor plan with front-to-back layout. The natural sunlight flows generously through its many windows. Custom built walk-in closet in the primary bedroom along with a heated, ensuite bath. Nothing is basic here, all brand new kitchen appliances, new hot water heater, custom shower door, eye catching ceramic tile and all new fixtures in both baths. Central A/C, deeded garage parking with additional deeded space, and extra deeded storage. Full sized washer & dryer to be left as gifts. Pet-friendly, tennis courts, clubhouse, in-ground swimming pool, private walking trails, nearby public transportation, Vinnin Square, restaurants, shopping and within a few miles of the ocean and beaches.

Sale Statistics

Sale Overview
Original List Price: $576,000
Final Sale Price: $540,000
Difference: $36,000 (-6.3%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
140
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $423
Sale $/sq ft: $397
This property sold for $397 per square foot
Sale Summary

This property sold for 6.3% below the original asking price.

At 140 days on market, this property took longer than average to sell.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,361 sq ft
Total Rooms
5
Stories
1
Entry Level
1
Main Level Bedrooms
2

Interior Features

Flooring
Hardwood
Heating
Forced Air, Heat Pump, Electric
Has Heating
Yes
Cooling
Central Air, Heat Pump, Individual, Unit Control
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features
Entrance Foyer
Laundry Features
Main Level, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Basement Details
N
Window Features
Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Brick
Roof
Shingle
Exterior Features
Balcony / Deck, Covered Patio/Deck, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall, Tennis Court(s)
Patio/Porch Features
Covered
Has Spa
No
Pool Features
Association, In Ground
Waterfront Features
Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Deeded, Assigned, Off Street, Common, Guest, Paved
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$518
HOA Fee Frequency
Monthly
Association Amenities
Pool, Tennis Court(s), Recreation Facilities, Clubroom, Clubhouse
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,927
Tax Year
2024
Tax Assessed Value
$424,000
Parcel Number
M:21 L:0235 S:965,3159583
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
The Village At Vinnin Square
Disclosures
Seller has never lived in property. Property being sold "as is".
Exclusions
Staging And Personal Items.
Listing Terms
Contract

Location

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Neighborhood

South Salem

16 America Way, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $411
Homeowners Insurance $200
HOA Fee $518
PMI $0

Property History

Market Insights

0.7%
Price Range
140
Total Days on Market

Property Timeline

Sold
Mar 13, 2025
$540,000
Property sold
Days on Market: 140
🏠
Listed for Sale
Sep 26, 2024
$544,000
Original listing
Agent: Kimberly O'Donnell Office: NextHome North Shore Realty

Price & Status History

Date Event Price Change
Sep 26, 2024 New Listing Added $544,000

Market Statistics

Days on Market
140 days
Price per Sq Ft
$397

Tax History

Year Taxes Assessment
2024 $4,927 $424,000

Financial Details

Annual Property Tax
$4,927
Tax Year 2024
HOA Fee
$518
Monthly
Assessed Value
$424,000

Listing Information

Listing Agent Kimberly O'Donnell
Listing Office NextHome North Shore Realty
Agent MLS ID CN235006
Office MLS ID AN8103

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