LevelSecond
16 Phelps St # 2, Salem MA 01970
Salem, MA 01970
$525,000
Est. $3,555/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
12
Sep
Saturday, September 12
11:30 AM - 1:30 PM EDT
13
Sep
Sunday, September 13
11:30 AM - 1:00 PM EDT
About this home
Welcome home to this beautifully renovated (2021) single-level condo tucked on a quiet side street in one of Salem's most desirable neighborhoods, abutting the historic McIntire District. Here you'll enjoy the serenity of a peaceful, tree-lined setting while living just minutes from the museums, library, shops, restaurants and nightlife of vibrant downtown Salem. This 2-bedroom, 2-bath residence delivers the perfect blend of comfort, style and convenience, with an effortless flow that suits easy living, working from home, or entertaining. Sun-filled rooms showcase hardwood floors, exposed brick, and recessed lighting, while the stunning Quartz and stainless kitchen anchors the space alongside efficient modern systems and in-unit laundry. Retreat and relax in the primary en suite, complete with a tiled, floor-to-ceiling oversized shower and walk-in closet space. This special offering also includes 2-car off-street parking, an expansive common yard, a pet-friendly policy and extra basement storage. A unique opportunity to own a turn-key home that combines thoughtful updates, historic charm, and an unbeatable location
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 9, 2026
$525,000
Original listing
Agent: Zoe Karademos
Office: Coldwell Banker Realty - Marblehead
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/09/2026 | 🏠 Listed for Sale | $525,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,519 | $512,000 |
Financial Details
Annual Property Tax
$5,519
Tax Year 2026
HOA Fee
$240
Monthly
Assessed Value
$512,000
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1920
Living Area
927 sq ft
Lot Size
0.20 acres
Stories
1
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace
None
Basement
Y
Laundry
Second Floor
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Patio, Fenced Yard
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Patio
Parking
Features
Off Street, Tandem
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$5,519
Assessed Value
$512,000
HOA & Community
HOA Fee
$240 Monthly
Fee Includes
Water, Sewer, Insurance
Amenities
None
Optional Fee Includes
None
Pets
Yes
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden"]
Unit/Building
2
Sq Ft Source
Public Record
Sq Ft Disclosures
Feels much larger!
Documents
None
County
Essex
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
927 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
927 sq ft above grade
LevelSecond
LevelSecond
LevelSecond
LevelSecond
LevelSecond
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPatio
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
Second Floor
Security:
Construction & Materials
Year Built:
1920
Effective Year (Renovated):
2021
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio, Fenced Yard
Patio & Porch:
Patio
Fencing:
Fenced
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street, Tandem
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
Elementary Schools
3 schools
The Phoenix School
0.5 mi
Grades PK-08
C+
Saltonstall School
0.6 mi
|
#526 of 825
|
Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
C
Horace Mann Laboratory School
0.7 mi
|
#653 of 825
|
Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
B-
Collins Middle School
0.2 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Village School
2.0 mi
|
#266 of 825
|
Score: 51.8
Dropped 77 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
C+
J. Henry Higgins Middle School
2.1 mi
|
#235 of 352
|
Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students
Diverse
Grades 06-08
High Schools
3 schools
B+
Salem Academy Charter School
0.8 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
0.8 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Bishop Fenwick High School
1.7 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$460
Homeowners Insurance
$200
HOA Fee
$240/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
16 Phelps St # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Zoe Karademos
Listing Office
Coldwell Banker Realty - Marblehead
Office Phone
781-631-9511
Agent MLS ID
C8000311
Office MLS ID
AN6221
Listing Data Updated
Sep 9, 2026 3:17 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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