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12 Rice St # 1, Salem MA 01970

Salem, MA 01970
$610,000
3
Beds
2
Baths
1,273
Sq Ft
$479
Price/Sq Ft
0.08
Acres
1880
Year Built
1
Parking
25
Days on Market
Closed Listed Jun 6, 2024 • MLS# 73248390 Copied! • Updated Jul 30, 2024

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.

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.

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Recently Sold Nearby

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

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

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
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven
Annual Tax $5,906
Assessed Value $508,300

HOA & Community

HOA Fee $217
Fee Includes Water, Sewer, Insurance, Snow Removal
Amenities None
Optional Fee Includes None
Owner-Occupied Units 2
Seller Disclosures Unit Has An Easement To The Neighboring Property For Purposes Of Parking.
Possession None
Accepted Financing Contract
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Master Deed
Documents Master Deed, Unit Deed (2)
County Essex
Total market time (incl. prior listings) 26 days

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

Room Details

First Floor

Bedroom3
11 x 11
Dining Room
14 x 14
Kitchen
17 x 14
Bathroom2
11 x 7
Bedroom2
11 x 11
Living Room
14 x 14

Second Floor

Bathroom1
11 x 9
Master Bedroom
16 x 14

Other Floor

Bedroom5
Bedroom4
Bathroom3
Office
Family Room
Master Bathroom

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
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

9 schools
The Phoenix School
1.4 mi
Grades PK-08
The Greenhouse School
2.5 mi
Grades PK-08
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
B+
Bates School
0.9 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
1.4 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
2.0 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
2.1 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
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
B
Salem High School
2.2 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

12 Rice St # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Harry Silverstein
Listing Office Keller Williams Realty Boston Northwest
Office Phone 617-497-8900
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.

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