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16 America Way, Salem MA 01970

Salem, MA 01970
$450,000
Est. $3,334/month
2
Beds
2
Baths
1,361
Sq Ft
$331
Price/Sq Ft
1980
Year Built
9
Days on Market
Closed Listed May 31, 2022 • MLS# 72988871 Copied!

About this home

Move in ready bright, sunny and meticulously maintained .Open floor concept and updated, this magnificent two bed two bath town home boasts gleaming Maple hardwood floors throughout. Skid resistant stone tiles in the recently renovated kitchen with Quartz Countertops, brand new range and a never used dish washer. Unit has very large living room and large dinning area that accommodates a table for 12!! There are Seven closets including pantry in kitchen, a coat closet, a utility closet, a linen closet. A huge walk-in closet in over-size master bedroom with brand new carpeting , an additional closet in master suite and very nice closet in the second bedroom. Unit was just painted as well.There is a second side by side fridge in the unit for those who shop in bulk! There is additional deeded private storage room on lower level and a large balcony with gorgeous sunrise views. Enjoy the walking paths, the tennis courts or just hang around the clubhouse and swimming pool. Priced to sell

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,361 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $439,500
Final Sale Price: $450,000
Difference: +$10,500 (+2.4%)
Performance Metrics
102.4%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $323
Sale $/sq ft: $331
This property sold for $331 per square foot
Sale Summary

This property sold for 2.4% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$331/sq ft
Area Average
$131/sq ft
Difference
+153.5%

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,361 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Energy Star Qualified Dishwasher, Range Hood, Oven, Plumbed For Ice Maker
Fireplace None
Basement N
Laundry In Unit, Electric Dryer Hookup
Features Internet Available - Broadband, Internet Available - Dsl

Exterior

Construction None
Architecture None
Roof None
Features Balcony, Garden, Et Irrigation Controller, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall, Tennis Court(s)
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Off Street, Deeded, Guest, Paved
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Icemaker Connection

Financial

Annual Tax $4,542
Assessed Value $342,800

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Dishwasher, Range Hood, Oven, Plumbed For Ice Maker
Interior Features: Internet Available - Broadband, Internet Available - DSL
Windows:
Basement: N
Laundry: In Unit, Electric Dryer Hookup
Security: Security System

Construction & Materials

Year Built: 1980
Structure Type: Townhouse, Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Balcony, Garden, ET Irrigation Controller, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Off Street, Deeded, Guest, Paved

Location

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Neighborhood

16 America Way, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

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 $379
Homeowners Insurance $200
HOA Fee $480/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

48.7%
Price Range
10
Total Days on Market
4
Previous Sales

Property Timeline

Previous Transaction - MLS #73295044
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 13, 2025
$540,000
MLS #73295044
Sold
Jul 15, 2022
$450,000
Property sold
Days on Market: 10
🏠
Listed for Sale
May 31, 2022
$439,500
Original listing
Agent: Farzad Sayan Office: Advise Realty
Previous Transaction - MLS #72920579
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 18, 2022
$365,000
MLS #72920579
Previous Transaction - MLS #72705296
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 24, 2020
$365,000
MLS #72705296
Previous Transaction - MLS #72398261
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 18, 2019
$277,000
MLS #72398261

Price & Status History

Date Event Price Change
Mar 13, 2025 Sold $540,000
May 31, 2022 New Listing Added $439,500
Jan 18, 2022 Sold $365,000
Sep 24, 2020 Sold $365,000
Apr 18, 2019 Sold $277,000

Market Statistics

Days on Market
9 days
Price per Sq Ft
$331

Tax History

Year Taxes Assessment
2022 $4,542 $342,800

Financial Details

Annual Property Tax
$4,542
Tax Year 2022
HOA Fee
$480
Monthly
Assessed Value
$342,800

Listing Information

Listing Agent Farzad Sayan
Listing Office Advise Realty
Agent MLS ID CT008412
Office MLS ID AN4456
Listing Data Updated Jul 15, 2022 11:59 AM 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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