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145 Federal Street # 1, Salem MA 01970

Salem, MA 01970
$599,900
Est. $4,035/month
2
Beds
2
Baths
1,296
Sq Ft
$463
Price/Sq Ft
1859
Year Built
62
Days on Market
Closed Listed Feb 22, 2024 • MLS# 73204724 Copied!

About this home

This unexpected gem is hidden behind a historic Italianate facade on beautiful tree-lined Federal street in the McIntire District of downtown Salem. Pass through the classic Victorian-style front hall with antique doors and original woodwork by a stunning curved staircase and step through the door into another world. High ceilings, huge sun-drenched windows, and skylight open to the first and lower levels make this space feel open and airy. The main level features an updated kitchen and dining area, laundry, and master suite with full bathroom. This space is open to a lower-level living room with two-story vaulted ceiling and windows, working fireplace and views of/access to an exclusive and private exquisite sunken garden/patio area. The lower level also includes a huge second bedroom with full bathroom. This unusual opportunity also includes deeded off-street parking. Right in the center of everything but with the feeling of being much removed, must be seen to know!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1859
Bedrooms
2
Full Bathrooms
2
Living Area
1,296 sq ft
Total Rooms
4
Stories
2
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $619,900
Final Sale Price: $599,900
Difference: $20,000 (-3.2%)
Performance Metrics
96.8%
List to Sale Ratio
Sold below asking price
62
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $478
Sale $/sq ft: $463
This property sold for $463 per square foot
Sale Summary

This property sold for 3.2% below the original asking price.

The property spent 62 days on market before selling.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$463/sq ft
Area Average
$422/sq ft
Difference
+9.8%

This property sold slightly above the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1859
Living Area 1,296 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air
Cooling Central Air
Flooring Wood, Tile, Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Patio, Garden
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Features Off Street, Deeded
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,281
Assessed Value $540,500

Interior Features

Flooring: Wood, Tile, Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1859
Effective Year (Renovated): 1982
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Patio, Garden
Patio & Porch: Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park

Location

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Neighborhood

145 Federal Street # 1, 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 $523
Homeowners Insurance $200
HOA Fee $278/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

64
Total Days on Market

Property Timeline

Sold
May 14, 2024
$599,900
Property sold
Days on Market: 64
🏠
Listed for Sale
Feb 22, 2024
$599,900
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
Feb 22, 2024 New Listing Added $599,900

Market Statistics

Days on Market
62 days
Price per Sq Ft
$463

Tax History

Year Taxes Assessment
2024 $6,281 $540,500

Financial Details

Annual Property Tax
$6,281
Tax Year 2024
HOA Fee
$278
Monthly
Assessed Value
$540,500

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279
Listing Data Updated May 14, 2024 12:41 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

Real-time market trends and pricing data for this area

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