Welcome to this stunning colonial-style home located in the heart of Salem! This meticulously maintained property, built circa 1850, boasts three plus bedrooms and one and one-half bathrooms, a flexible floor plan, and a spacious backyard. Living here, you'll be thrilled to be close to Salem Common, Pickering Wharf, and the vibrant downtown area, home to numerous shops and restaurants. The house is equipped with Harvey replacement windows, newer vinyl siding, hardwood floors, a fireplace, and a stainless steel applianced kitchen. With ample space to spare, you can transform one of the extra rooms into a guest room, playroom, or home office. An added bonus: the property has a connection to Salem's famous author Nathaniel Hawthorne. Don't miss out on this chance to own a piece of Salem's rich and storied history!
Sale Statistics
Sale Overview
Original List Price:$674,900
Final Sale Price:$710,000
Difference:
+$35,100 (+5.2%)
Performance Metrics
105.2%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$471
Sale $/sq ft:$495
This property sold for $495 per square foot
Sale Summary
This property sold for 5.2% above the original asking price, indicating strong buyer demand.
With only 5 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1850
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,434 sq ft
Total Rooms
8
Interior Features
Flooring
Tile, Carpet, Hardwood, Flooring - Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Range Hood
Interior Features
Closet, Office, Sitting Room
Laundry Features
Gas Dryer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Concrete
Window Features
Insulated Windows
Door Features
Insulated Doors, Storm Door(s)
Exterior & Structure
Architectural Style
Colonial
Roof
Shingle
Foundation
Stone
Exterior Features
Porch
Patio/Porch Features
Porch
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Features
Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.07 acres
Lot Size
3,158 sq ft
Lot Size Area
0.0700
Lot Features
Easements, Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Off Street, Tandem
Utilities & Systems
Utilities Available
for Electric Range, for Gas Dryer
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, House of Worship, Marina, T-Station, University
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,868
Tax Year
2024
Tax Assessed Value
$505,000
Parcel Number
M:35 L:0294,2136692
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate,Renovated Since
Attached Property
No
Disclosures
The public record lists four bedrooms. The smallest bedroom on the second level has a closet in the hallway. There is an easement to access the parking area. The fireplace is decorative. Room measures are approximate. Landscaping digitally enhanced.
Exclusions
Chandelier In The Dining Room.
Location
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Neighborhood
16 Herbert St, Salem MA 01970
Salem, MA 01970
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$489
Homeowners Insurance$200
PMI$0
Property History
Market Insights
4.9%
Price Range
7
Total Days on Market
Property Timeline
✓
Sold
Mar 15, 2024
$710,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Jan 30, 2024
$674,900
Original listing
Agent: Tyson LynchOffice: The Proper Nest Real Estate
