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11 Rice Street # 1, Salem MA 01970

Salem, MA 01970
$520,000
Est. $2,939/month
2
Beds
2
Baths
1,200
Sq Ft
$433
Price/Sq Ft
1890
Year Built
41
Days on Market
Closed Listed Feb 15, 2021 • MLS# 72785948 Copied!

About this home

Quality design, craftsmanship and materials used throughout this top to bottom newly renovated opportunity on Bridge Street Neck. Open floor plan incorporates high ceilings, state-of-the-art chef's kitchen, quartz center island with dining space and built in bar with wine frig. 2 en-suite bedrooms are complimented with walk-in showers, a master soaker tub and spacious walk-in closets. In unit laundry, loads of storage and 2 car off street deeded parking, New heat, central AC, tankless Navian water heater.This spectacular property is close to the beach with easy access to the train and ferry to Boston. It is near to vibrant downtown areas of both Salem and Beverly. Museums, fine dining, cafes, boutique shopping and fun night life. Move right in!! Property Taxes to be determined.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
2
Full Bathrooms
2
Living Area
1,200 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $549,900
Final Sale Price: $520,000
Difference: $29,900 (-5.4%)
Performance Metrics
94.6%
List to Sale Ratio
Sold below asking price
41
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $458
Sale $/sq ft: $433
This property sold for $433 per square foot
Sale Summary

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

The property spent 41 days on market before selling.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1890
Living Area 1,200 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Composite, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Features Off Street, Tandem, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public, Individual Meter
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Hardwood, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1890
Effective Year (Renovated): 2020
Structure Type: Detached, 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public, Individual Meter
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Composite, Rain Gutters
Patio & Porch: Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Paved

Location

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Neighborhood

11 Rice Street # 1, 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

3 schools
B-
Carlton School
0.1 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.6 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
0.6 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
1.5 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
1.2 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
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
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 $110/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

11.7%
Price Range
43
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73384214
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 8, 2025
$589,000
MLS #73384214
Sold
May 4, 2021
$520,000
Property sold
Days on Market: 43
🏠
Listed for Sale
Feb 15, 2021
$549,900
Original listing
Agent: Steven White Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Aug 8, 2025 Sold $589,000
Feb 15, 2021 New Listing Added $549,900

Market Statistics

Days on Market
41 days
Price per Sq Ft
$433

Tax History

Year Taxes Assessment
2020 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2020
HOA Fee
$110
Monthly
Assessed Value
$0

Listing Information

Listing Agent Steven White
Listing Office William Raveis R.E. & Home Services
Agent MLS ID C7364305
Office MLS ID M95385
Listing Data Updated May 4, 2021 4:13 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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