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159 Federal St # 2, Salem MA 01970

Salem, MA 01970
$350,000
2
Beds
1
Baths
700
Sq Ft
$500
Price/Sq Ft
1850
Year Built
1
Garage Space
72
Days on Market
Closed Listed Jul 23, 2019 • MLS# 72538915 Copied! • Updated Nov 15, 2019

Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $350,000
Difference: $19,900 (-5.4%)
Performance Metrics
94.6%
List to Sale Ratio
Sold below asking price
72
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $528
Sale $/sq ft: $500
This property sold for $500 per square foot
Sale Summary

This property sold for 5.4% below the original asking price.

The property spent 72 days on market before selling.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$500/sq ft
Area Average
$235/sq ft
Difference
+113.1%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Come and step into your second floor Luxury Condo. Located in the heart of the Historic McIntire District. With hardwood floors throughout, this unit features two bedrooms one full bath. This units open concept is perfect for entertaining. From the gleaming counter tops to the stainless steel appliances with gas range, this unit has everything you are looking for. If these interior features are not enough, enjoy your off street parking and deeded garage spot. Find yourself just minutes to the train, shops, and all that downtown Salem has to offer.

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Recently Sold Nearby

Property History

Market Insights

23.9%
Price Range
75
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73274167
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 18, 2024
$460,000
MLS #73274167
Sold
Oct 30, 2019
$350,000
Property sold
Days on Market: 75
🏠
Listed for Sale
Jul 24, 2019
$359,900
Original listing
Agent: Herrick Lutts Realty Partners Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2019 $4,500 $350,000

Financial Details

Annual Property Tax
$4,500
Tax Year 2019
HOA Fee
$177
Monthly
Assessed Value
$350,000

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1850
Living Area 700 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air
Cooling Central Air
Flooring Wood, Hardwood
Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Fireplace None
Basement Y
Laundry Washer Hookup, In Basement, In Building
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Off Street
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup
Annual Tax $4,500
Assessed Value $350,000

HOA & Community

HOA Fee $177 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Reserve Funds
Amenities None
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Broker Has Ownership Interest In Property. Taxes Are Estimated
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 2
Sq Ft Source Measured
Sq Ft Disclosures Approx. Sq. Ft.
Documents None
County Essex
Total market time (incl. prior listings) 75 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1850
Bedrooms
2
Full Bathrooms
1
Living Area
700 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Main Level Bedrooms
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Main,First Floor

Kitchen
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula
Bedroom2
Closet, Flooring - Hardwood
Living Room
Flooring - Hardwood, Open Floorplan
Master Bedroom
Closet, Flooring - Hardwood

Interior Features

Flooring: Wood, Hardwood
Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer
Interior Features:
Windows:
Basement: Y
Laundry: Washer Hookup, In Basement, In Building
Security:

Construction & Materials

Year Built: 1850
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air
Cooling: Central Air
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

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

159 Federal St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Herrick Lutts Realty Partners
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID TM312527
Office MLS ID C95098
Listing Data Updated Nov 15, 2019 1:09 PM EST
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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