16 Cloutman St # 1, Salem MA 01970

Salem, MA 01970
$680,000
Est. $3,619/month
3
Beds
3
Baths
2,964
Sq Ft
$229
Price/Sq Ft
0.11
Acres
1915
Year Built
Condominium
Type
9
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73349315

About this home

Do you want the space of a single family home but only the maintenance responsibility of a condo? Well, look no further. This beautiful two level, 3BR, 3 full bath condo was gut renovated and brought back to life in 2023. Some of the incredible features include granite countertops, stainless steel appliances, tile backsplash, LVP flooring, w/d hookup in unit and smart thermostat. The main level consists of three bedrooms including the primary with an ensuite, the living room, dining room, laundry closet, second bathroom and the kitchen. The lower level consists of a large open space which could be used as a game room, family room, exercise space and so much more. There is also a large full bathroom, another bonus room which could also be used as sleeping quarters, an office or something else. Other amenities include off street parking for two. In a great location with close proximity to shops, schools, restaurants, cafes, hospitals and much more. Schedule a private showing today!

Sale Statistics

Sale Overview
Original List Price: $674,900
Final Sale Price: $680,000
Difference: +$5,100 (+0.8%)
Performance Metrics
100.8%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $228
Sale $/sq ft: $229
This property sold for $229 per square foot
Sale Summary

This property sold for 0.8% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1915
Bedrooms
3
Full Bathrooms
3
Living Area
2,964 sq ft
Total Rooms
8
Stories
3
Entry Level
1

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Interior Features
Bonus Room
Laundry Features
First Floor
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
5,001 sq ft
Lot Size Area
0.1100

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$200
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,284
Tax Year
2025
Tax Assessed Value
$642,300
Parcel Number
M:23 L:0107 S:801,2130898
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual

Location

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Neighborhood

16 Cloutman St # 1, 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 $607
Homeowners Insurance $200
HOA Fee $200
PMI $0

Property History

Market Insights

0.8%
Price Range
11
Total Days on Market

Property Timeline

Sold
Apr 16, 2025
$680,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Mar 24, 2025
$674,900
Original listing
Agent: Farrar Realty Group Office: Atlantic Coast Homes,Inc

Price & Status History

Date Event Price Change
Mar 24, 2025 New Listing Added $674,900

Market Statistics

Days on Market
9 days
Price per Sq Ft
$229

Tax History

Year Taxes Assessment
2025 $7,284 $642,300

Financial Details

Annual Property Tax
$7,284
Tax Year 2025
HOA Fee
$200
Monthly
Assessed Value
$642,300

Listing Information

Listing Agent Farrar Realty Group
Listing Office Atlantic Coast Homes,Inc
Agent MLS ID TM333642
Office MLS ID AC1991

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