BMN Boston

Get our mobile app!

Download on the App Store

12 Rice St # 1, Salem MA 01970

Salem, MA 01970
$610,000
Est. $3,994/month
3
Beds
2
Baths
1,273
Sq Ft
$479
Price/Sq Ft
0.08
Acres
1880
Year Built
25
Days on Market
Closed Listed Jun 6, 2024 • MLS# 73248390 Copied!

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.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1880
Bedrooms
3
Full Bathrooms
2
Living Area
1,273 sq ft
Total Rooms
5
Stories
2
Entry Level
1

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

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,273 sq ft
Lot Size 0.08 acres
Bedrooms 3
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven

Financial

Annual Tax $5,906
Assessed Value $508,300

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1880
Effective Year (Renovated): 2017
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 2
Cooling: Central Air
Cooling Zones: 2
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

Loading map...

Neighborhood

12 Rice St # 1, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Nearby Schools

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

3 schools
B-
Carlton School
0.1 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
0.6 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
0.6 mi
106 students Diverse
Diverse Student Body
Grades PK
M

Middle Schools

1 school
C+
Collins Middle School
1.6 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
1.2 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
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

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 $492
Homeowners Insurance $200
HOA Fee $217/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

47.2%
Price Range
26
Total Days on Market
2
Previous Sales

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
Previous Transaction - MLS #72330681
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 1, 2018
$400,000
MLS #72330681
Previous Transaction - MLS #72201747
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 28, 2017
$330,000
MLS #72201747

Price & Status History

Date Event Price Change
Jun 6, 2024 New Listing Added $625,000
Aug 1, 2018 Sold $400,000
Aug 28, 2017 Sold $330,000

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
Listing Data Updated Jul 30, 2024 12:13 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

12 Rice St # 1, Salem MA 01970 - Photo 1 12 Rice St # 1, Salem MA 01970 - Photo 2 12 Rice St # 1, Salem MA 01970 - Photo 3 12 Rice St # 1, Salem MA 01970 - Photo 4 12 Rice St # 1, Salem MA 01970 - Photo 5 12 Rice St # 1, Salem MA 01970 - Photo 6 12 Rice St # 1, Salem MA 01970 - Photo 7 12 Rice St # 1, Salem MA 01970 - Photo 8 12 Rice St # 1, Salem MA 01970 - Photo 9 12 Rice St # 1, Salem MA 01970 - Photo 10 12 Rice St # 1, Salem MA 01970 - Photo 11 12 Rice St # 1, Salem MA 01970 - Photo 12 12 Rice St # 1, Salem MA 01970 - Photo 13 12 Rice St # 1, Salem MA 01970 - Photo 14 12 Rice St # 1, Salem MA 01970 - Photo 15 12 Rice St # 1, Salem MA 01970 - Photo 16 12 Rice St # 1, Salem MA 01970 - Photo 17 12 Rice St # 1, Salem MA 01970 - Photo 18 12 Rice St # 1, Salem MA 01970 - Photo 19 12 Rice St # 1, Salem MA 01970 - Photo 20 12 Rice St # 1, Salem MA 01970 - Photo 21
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour