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28 Federal St # 10, Salem MA 01970

Salem, MA 01970
$341,000
Est. $2,738/month
2
Beds
2
Baths
1,488
Sq Ft
$229
Price/Sq Ft
1980
Year Built
50
Days on Market
Closed Listed May 4, 2016 • MLS# 71999563 Copied!

About this home

With a "walkscore" of 94 you can’t ask for a better LOCATION! Live in the very heart of North Shore’s most dynamic community where history meets the best in urban living. The most striking feature in this open concept unit is the sun-drenched LR/DR area with fireplace, soaring cathedral ceilings and private deck. Other features include an efficient galley kitchen, 1st floor BR & BA, a loft landing that offers bonus sitting area or an office overlooking the living area below, 2nd floor Master BR & en-suite BA , gleaming hardwood floors and newer carpeting on 2nd level, 3 heat/cooling zones, in unit laundry, off-street PARKING, PET FRIENDLY and condo fee covers HEAT & HOT WATER. Roof, siding, windows and slider replaced in 2009. Convenient to shopping, fine dining, gourmet and coffee shops, the local music & arts scene, farmers market, and the Peabody Essex Museum. You can even ditch the car and let the commuter rail (literally across the street) whisk you into Boston. THIS WILL NOT LAST

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,488 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $335,000
Final Sale Price: $341,000
Difference: +$6,000 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
50
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $225
Sale $/sq ft: $229
This property sold for $229 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

The property spent 50 days on market before selling.

Nearby Sales Comparison

Based on 22 similar properties sold within 0.5 miles in the last 90 days

This Property
$229/sq ft
Area Average
$353/sq ft
Difference
35.2%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,488 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Wall Unit(s)
Flooring Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry In Unit
Features None

Exterior

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

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,449
Assessed Value $283,900

Interior Features

Flooring: Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Townhouse
Exterior Materials:
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 3
Cooling: Wall Unit(s)
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, House of Worship, T-Station

Location

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Neighborhood

28 Federal St # 10, 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
0.8 mi
Grades PK-08
The Greenhouse School
1.8 mi
Grades PK-08
B-
Carlton School
0.6 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-
Saltonstall School
0.7 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
C+
Bentley Academy Innovation School
0.9 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
0.9 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
1.0 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
1.3 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
1.3 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
M

Middle Schools

1 school
C+
Collins Middle School
0.8 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
1.4 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
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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 $371
Homeowners Insurance $200
HOA Fee $443/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

39.1%
Price Range
56
Total Days on Market

Property Timeline

Current Active Listing - MLS #73505684
Full transaction history available when tracking began
🏡
Currently Listed
Apr 22, 2026
$549,900
MLS #73505684 - Active
Sold
Jun 30, 2016
$341,000
Property sold
Days on Market: 56
🏠
Listed for Sale
May 4, 2016
$335,000
Original listing
Agent: Sara Maurno Office: Coldwell Banker Residential Brokerage - Salem

Price & Status History

Date Event Price Change
Apr 23, 2026 Sold $549,900
May 4, 2016 New Listing Added $335,000

Market Statistics

Days on Market
50 days
Price per Sq Ft
$229

Tax History

Year Taxes Assessment
2016 $4,449 $283,900

Financial Details

Annual Property Tax
$4,449
Tax Year 2016
HOA Fee
$443
Monthly
Assessed Value
$283,900

Listing Information

Listing Agent Sara Maurno
Listing Office Coldwell Banker Residential Brokerage - Salem
Agent MLS ID CN202289
Office MLS ID C99300
Listing Data Updated Jul 11, 2016 12:34 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

Real-time market trends and pricing data for this area

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