12 Rice St # 1, Salem MA 01970

Salem, MA 01970
$610,000
Est. $3,247/month
3
Beds
2
Baths
1,273
Sq Ft
$479
Price/Sq Ft
0.08
Acres
1880
Year Built
Condominium
Type
25
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73248390

About this home

We are proud to introduce to you this exhaustively-renovated (2017) yet classically appointed two-level condo steps from Collins Cove in Salem. This stunning unit features a showpiece kitchen for the most discriminating of cooks; three full bedrooms including a large, private primary suite on its own level; an open floor plan for elegant entertaining; a stunning private yard space for quiet retreat; loads of storage space including huge closets, tons of kitchen storage and dedicated space in the basement; a full-size in-unit washer and dryer, off-street parking for one car; and a hyper-convenient location that provides easy access to Downtown Salem, the Purple Line train AND the shops and restaurants of downtown Beverly. This property is a commuter's dream that doubles as an amazing retreat.

Sale Statistics

Sale Overview
Original List Price: $625,000
Final Sale Price: $610,000
Difference: $15,000 (-2.4%)
Performance Metrics
97.6%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $491
Sale $/sq ft: $479
This property sold for $479 per square foot
Sale Summary

This property sold for 2.4% below the original asking price.

With only 25 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
1880
Bedrooms
3
Full Bathrooms
2
Living Area
1,273 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Interior Features

Flooring
Hardwood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry Features
First Floor, In Unit
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Exterior Features
Patio, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Waterfront Features
Bay, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.08 acres
Lot Size
3,376 sq ft
Lot Size Area
0.0800

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

HOA Fee
$217
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,906
Tax Year
2024
Tax Assessed Value
$508,300
Parcel Number
M:36 L:0204 S:801,5033478
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Unknown/Mixed
Building Name
Rice House
Disclosures
Unit has an easement to the neighboring property for purposes of parking.
Listing Terms
Contract

Location

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Neighborhood

12 Rice 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 $492
Homeowners Insurance $200
HOA Fee $217
PMI $0

Property History

Market Insights

2.4%
Price Range
26
Total Days on Market

Property Timeline

Sold
Jul 29, 2024
$610,000
Property sold
Days on Market: 26
🏠
Listed for Sale
Jun 6, 2024
$625,000
Original listing
Agent: Harry Silverstein Office: Keller Williams Realty Boston Northwest

Price & Status History

Date Event Price Change
Jun 6, 2024 New Listing Added $625,000

Market Statistics

Days on Market
25 days
Price per Sq Ft
$479

Tax History

Year Taxes Assessment
2024 $5,906 $508,300

Financial Details

Annual Property Tax
$5,906
Tax Year 2024
HOA Fee
$217
Per month
Assessed Value
$508,300

Listing Information

Listing Agent Harry Silverstein
Listing Office Keller Williams Realty Boston Northwest
Agent MLS ID CT003440
Office MLS ID BB5474

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