116 Bridge St # 1, Salem MA 01970

Salem, MA 01970
$850,000
Est. $4,524/month
3
Beds
2.5
Baths
1,904
Sq Ft
$446
Price/Sq Ft
0.19
Acres
1800
Year Built
Condominium
Type
18
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73216751

About this home

Live in elegance with this beautifully 2019 renovated Greek Revival townhouse. With its classic architecture, spacious interior, and modern upgrades, this 3-bedroom, 2.5-bathroom townhouse offers a blend of timeless charm and modern luxury. As you enter, you're greeted by tall ceilings and beautiful wide planked wood floors that flow throughout. The heart of the home is the renovated kitchen, featuring quarts countertops, upgraded appliances, and ample storage, this kitchen is a dream for both chefs and entertainers alike. Upstairs, three spacious bedrooms and 2 full bathrooms offer peaceful retreats for all the hustle and bustle that Salem has to offer. The primary suite features a vaulted ceiling, walk-in closet and beautiful en-suite. Additionally 116 Bridge St. offers a private garage, exclusive lawn/patio, and 2 additional parking spots. Notable location proximity to Collins Cove Beach .2 mi, Salem MBTA .6 mi, Salem Commons .3mi.

Sale Statistics

Sale Overview
Original List Price: $825,000
Final Sale Price: $850,000
Difference: +$25,000 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $433
Sale $/sq ft: $446
This property sold for $446 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1800
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,904 sq ft
Total Rooms
6
Stories
3
Entry Level
1

Interior Features

Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
2
Basement Details
Y

Exterior & Structure

Has Spa
No
Waterfront Features
1/10 to 3/10 To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.19 acres
Lot Size
8,111 sq ft
Lot Size Area
0.1900

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
2
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

HOA Fee
$152
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,359
Tax Year
2024
Tax Assessed Value
$805,400
Parcel Number
M:36 L:0069 S:801,5117808
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Renovated Since
Disclosures
None
Exclusions
Sonos Sound System. Wine Rack In Kitchen Area. Ring System. Dart Board In The Garage.

Location

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Neighborhood

116 Bridge St # 1, 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 $780
Homeowners Insurance $200
HOA Fee $152
PMI $0

Property History

Market Insights

2.9%
Price Range
20
Total Days on Market

Property Timeline

Sold
May 16, 2024
$850,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 27, 2024
$825,000
Original listing
Agent: Brandon Collins Office: William Raveis R.E. & Home Services

Price & Status History

Date Event Price Change
Mar 27, 2024 New Listing Added $825,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$446

Tax History

Year Taxes Assessment
2024 $9,359 $805,400

Financial Details

Annual Property Tax
$9,359
Tax Year 2024
HOA Fee
$152
Per month
Assessed Value
$805,400

Listing Information

Listing Agent Brandon Collins
Listing Office William Raveis R.E. & Home Services
Agent MLS ID CT000981
Office MLS ID M95385

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