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16 Cloutman St # 3, Salem MA 01970

Salem, MA 01970
$525,000
3
Beds
2
Baths
1,359
Sq Ft
$386
Price/Sq Ft
1915
Year Built
2
Parking
6
Days on Market
Closed Listed Apr 10, 2023 • MLS# 73096888 Copied! • Updated Jun 17, 2023

Sale Statistics

Sale Overview
Original List Price: $525,000
Final Sale Price: $525,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $386
Sale $/sq ft: $386
This property sold for $386 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$386/sq ft
Area Average
$200/sq ft
Difference
+92.5%

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

About this home

Welcome to this beautiful 3BR, 2BA condo with a spacious 1359sq ft of living space. This unit has been completely renovated and thoughtfully designed with high-end finishes, including granite countertops, tile backsplash, stainless steel appliances, both pendant and recessed lighting and washer/dryer hookups in the unit. Gleaming refinished hardwood floors and loads of natural light welcome you as you enter into the open concept living room/dining room space. Regulate your temperature with the high efficiency smart thermostat and new heating system. If the charm of the interior and freshly painted exterior are not enough for you, then take in some of the areas amenities including shops, restaurants, breweries, cider houses, hospitals, universities and more. Join us for one of the four open houses this week. Thurs 5:30-7:30, Friday 1-3, Sat & Sun 12-2. Don't miss it!

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Recently Sold Nearby

Property History

Market Insights

3.7%
Price Range
21
Total Days on Market

Property Timeline

Current Active Listing - MLS #73552545
Full transaction history available when tracking began
🏡
Currently Listed
Jul 21, 2026
$545,000
MLS #73552545 - Active
Sold
Jun 15, 2023
$525,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Apr 10, 2023
$525,000
Original listing
Agent: Farrar Realty Group Office: Atlantic Coast Homes,Inc

Tax History

Year Taxes Assessment
2023 $6,567 $525,000

Financial Details

Annual Property Tax
$6,567
Tax Year 2023
HOA Fee
$150
Per month
Assessed Value
$525,000

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1915
Living Area 1,359 sq ft
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Closet - Walk-in, Third Floor, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax $6,567
Assessed Value $525,000

HOA & Community

HOA Fee $150
Fee Includes Water, Sewer, Insurance, Snow Removal
Amenities None
Optional Fee Includes None
Pets Yes
Seller Disclosures Taxes Are Not Exact As They Have Not Been Calculated Yet. The Amount Shown Is Based On The List Price And The Salem Residential Tax Rate.
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 3
Sq Ft Source Unit Floor Plan
Documents None
County Essex
Total market time (incl. prior listings) 21 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1915
Bedrooms
3
Full Bathrooms
2
Living Area
1,359 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bedroom3
Closet, Flooring - Hardwood
Kitchen
Countertops - Stone/Granite/Solid, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup, Gas Stove, Peninsula, Lighting - Pendant
Bathroom2
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Countertops - Stone/Granite/Solid
Bedroom2
Closet, Flooring - Hardwood
Living Room
Flooring - Hardwood, Open Floorplan
Master Bedroom
Bathroom - 3/4, Closet, Flooring - Hardwood, Recessed Lighting

Other Floor

Bedroom5
Bedroom4
Dining Room
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Closet - Walk-in, Third Floor, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1915
Effective Year (Renovated): 2022
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
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
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 Greenhouse School
0.7 mi
Grades PK-08
The Phoenix School
1.1 mi
Grades PK-08
C-
Horace Mann Laboratory School
0.5 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-
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
B
Witchcraft Heights School
1.2 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
B-
Carlton School
1.8 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
1.9 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
1.9 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
2.0 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
M

Middle Schools

1 school
C+
Collins Middle School
0.6 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
1.0 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
0.5 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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Location

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Neighborhood

16 Cloutman St # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Farrar Realty Group
Listing Office Atlantic Coast Homes,Inc
Office Phone 978-777-4444
Agent MLS ID TM333642
Office MLS ID AC1991
Listing Data Updated Jun 17, 2023 8:36 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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