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16 America Way # 4A, Salem MA 01970

Salem, MA 01970
$460,000
Est. $3,455/month
2
Beds
2
Baths
1,361
Sq Ft
$338
Price/Sq Ft
1980
Year Built
4
Days on Market
Closed Listed Jul 11, 2024 • MLS# 73263071 Copied!

About this home

Single level living! This 2-bedroom, 2-bath home offers a contemporary open floor plan with beautiful hardwood floors. Flow from the spacious living room into the adjacent dining area perfect for entertaining. The kitchen has been updated with modern appliances and beautiful white quartz countertops. Both bedrooms are generously sized with the primary bedroom featuring a large walk in closet and en-suite bathroom. There is an additional full bath off the hall as well as in unit laundry and great closet space throughoutt! Enjoy peaceful views of the landscaped grounds from the private balcony or make use of the wonderful array of community amenities, including a fabulous inground pool, sauna, tennis courts and clubroom. 1-car garage and deeded storage area! Located in a prime area close to all the fantastic shopping and dining options in Vinnin Square and just a few minutes to downtown Salem proper. This condo has everything you need for a low maintenance lifestyle.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,361 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $460,000
Difference: $15,000 (-3.2%)
Performance Metrics
96.8%
List to Sale Ratio
Sold below asking price
4
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $349
Sale $/sq ft: $338
This property sold for $338 per square foot
Sale Summary

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

With only 4 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$338/sq ft
Area Average
$185/sq ft
Difference
+82.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,361 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

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

Exterior

Construction Frame, Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features Balcony, Garden, Professional Landscaping, Tennis Court(s)
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, Deeded, Off Street, Tandem
Total Spaces 2

Utilities

Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $4,927
Assessed Value $424,000

Interior Features

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

Construction & Materials

Year Built: 1980
Structure Type: Garden
Exterior Materials: Frame, Conventional (2x4-2x6)
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

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

Exterior & Lot

Exterior Features: Balcony, Garden, Professional Landscaping, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Garage Door Opener, Deeded, Off Street, Tandem

Location

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Neighborhood

16 America Way # 4A, Salem MA 01970

Salem, MA 01970

Walkability

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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
The Greenhouse School
1.0 mi
Grades PK-08
B+
Swampscott Elementary School
1.0 mi | #326 of 824 | Score: 50.0
Dropped 54 spots from last year
-8.2 below state avg
Limited historical data for year-over-year comparison
734 students Moderate
Grades K-04
The Hathaway School
1.3 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Swampscott Middle School
0.9 mi | #122 of 352 | Score: 47.2
Dropped 51 spots from last year
-11 below state avg
654 students Moderate
Grades PK-08
C-
Thurgood Marshall Middle School
1.7 mi | #311 of 352 | Score: 30.5
Improved 40 spots from last year
-27.7 below state avg
1,310 students Moderate
Rising School
Grades 06-08
C+
Collins Middle School
2.0 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

3 schools
A-
Swampscott High School
0.8 mi | #98 of 346 | Score: 60.1
Dropped 66 spots from last year
+1.9 above state avg
706 students Moderate
18 sports • 1,578 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
B
Salem High School
1.4 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
A-
Marblehead High School
1.9 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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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 $411
Homeowners Insurance $200
HOA Fee $518/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

3.2%
Price Range
6
Total Days on Market

Property Timeline

Sold
Aug 30, 2024
$460,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Jul 11, 2024
$475,000
Original listing
Agent: Margaret Finn Office: James A. Finn & Sons

Price & Status History

Date Event Price Change
Jul 11, 2024 New Listing Added $475,000

Market Statistics

Days on Market
4 days
Price per Sq Ft
$338

Tax History

Year Taxes Assessment
2024 $4,927 $424,000

Financial Details

Annual Property Tax
$4,927
Tax Year 2024
HOA Fee
$518
Monthly
Assessed Value
$424,000

Listing Information

Listing Office James A. Finn & Sons
Agent MLS ID CN201148
Office MLS ID C63900
Listing Data Updated Sep 4, 2024 9:02 AM 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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