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16 Summer Street # 3, Salem MA 01970

Salem, MA 01970
$353,900
Est. $2,155/month
2
Beds
2.5
Baths
1,086
Sq Ft
$326
Price/Sq Ft
1850
Year Built
60
Days on Market
Closed Listed Feb 27, 2015 • MLS# 71795950 Copied!

About this home

Great care has been spent on the development of this special townhouse condominium home featuring 2 BRs, 2.5 baths including one in the wonderful master suite. The brand new kitchen has granite and stainless with plenty of cabinets and counter space and opens to eating/entertaining spaces. Additionally,this home features wood flooring, great period details, attractive lighting packages and in-unit laundry hookups. The infrastructure of the building has been updated to ensure low maintenance and operating costs - new plumbing, electric, heating, air-conditioning, insulation and more. Just 1 of 4 new units in The Harrison Flint House which sits in the middle of historic downtown Salem - a short walk to the wonderful restaurants, pubs, shops, harborfront, Peabody Essex Museum and so much more. And, just a few minute walk to the train. Created/renovated for the buyer who wants to enjoy a carefree luxury lifestyle and in-town living. See other units mls# 71795947,71795949,71795953

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,086 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $353,900
Difference: +$4,000 (+1.1%)
Performance Metrics
101.1%
List to Sale Ratio
Sold above asking price
60
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $322
Sale $/sq ft: $326
This property sold for $326 per square foot
Sale Summary

This property sold for 1.1% above the original asking price, indicating strong buyer demand.

The property spent 60 days on market before selling.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$326/sq ft
Area Average
$334/sq ft
Difference
2.5%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 1,086 sq ft
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 5

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Assigned
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1850
Effective Year (Renovated): 2015
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Assigned

Location

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Neighborhood

16 Summer Street # 3, 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

9 schools
The Phoenix School
0.6 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B-
Saltonstall School
0.6 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B-
Carlton School
0.9 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B+
Bates School
1.1 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
C-
Horace Mann Laboratory School
1.1 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.1 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C+
Bentley Academy Innovation School
1.1 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.1 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
0.5 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

2 schools
B+
Salem Academy Charter School
0.7 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.2 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
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 $0
Homeowners Insurance $200
HOA Fee $165/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

41.6%
Price Range
61
Total Days on Market
3
Previous Sales

Property Timeline

Previous Transaction - MLS #73227432
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 13, 2024
$599,000
MLS #73227432
Previous Transaction - MLS #72701005
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 14, 2020
$485,000
MLS #72701005
Previous Transaction - MLS #72307813
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 1, 2018
$425,000
MLS #72307813
Sold
May 15, 2015
$353,900
Property sold
Days on Market: 61
🏠
Listed for Sale
Feb 27, 2015
$349,900
Original listing
Agent: Team Harborside Office: Harborside Sotheby's International Realty

Price & Status History

Date Event Price Change
Jun 13, 2024 Sold $599,000
Sep 14, 2020 Sold $485,000
Jun 1, 2018 Sold $425,000
Feb 27, 2015 New Listing Added $349,900

Market Statistics

Days on Market
60 days
Price per Sq Ft
$326

Tax History

Year Taxes Assessment
2015 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2015
HOA Fee
$165
Monthly
Assessed Value
$0

Listing Information

Listing Agent Team Harborside
Listing Office Harborside Sotheby's International Realty
Agent MLS ID TM003189
Office MLS ID AN1195
Listing Data Updated May 15, 2015 4:40 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

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16 Summer Street # 3, Salem MA 01970 - Photo 1 16 Summer Street # 3, Salem MA 01970 - Photo 2 16 Summer Street # 3, Salem MA 01970 - Photo 3 16 Summer Street # 3, Salem MA 01970 - Photo 4 16 Summer Street # 3, Salem MA 01970 - Photo 5 16 Summer Street # 3, Salem MA 01970 - Photo 6 16 Summer Street # 3, Salem MA 01970 - Photo 7 16 Summer Street # 3, Salem MA 01970 - Photo 8 16 Summer Street # 3, Salem MA 01970 - Photo 9
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