Wonderful two bedroom condo in the McIntire District on Federal St, just a short walk to downtown Salem, has all the desirable features needed in today's lifestyle. Recently renovated kitchen with breakfast bar, stainless appliances including 5 burner gas stove, BI micro, quartz countertops, white cabinetry and farmhouse faucet. Situated on the second floor in the quieter end of Federal St with quick access to Boston St, this wonderful condo with newer Heat and AC, is also pet friendly and has a rare, usable garage with an additional parking space. Low condo fee with all owner occupied units, this one is a must to see. Laundry room and locked storage room in the basement completes this wonderful opportunity to live in Salem with all its restaurants, museums and cultural heritage that makes it so desirable.
Sale Statistics
Sale Overview
Original List Price:$469,900
Final Sale Price:$460,000
Difference:
$9,900 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$671
Sale $/sq ft:$657
This property sold for $657 per square foot
Sale Summary
This property sold for 2.1% below the original asking price.
With only 29 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
1850
Bedrooms
2
Full Bathrooms
1
Living Area
700 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Interior Features
Flooring
Wood
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
Laundry Features
In Basement, In Building
Basement Details
Y
Window Features
Storm Window(s)
Door Features
Storm Door(s)
Accessibility Features
No
Exterior & Structure
Roof
Shingle
Has Spa
No
Waterfront Features
Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
1
Parking Features
Detached, Deeded, Off Street, Paved, Exclusive Parking
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers
Energy Efficient Features
Thermostat
Community & HOA
Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, T-Station, University
HOA Fee
$177
HOA Fee Frequency
Monthly
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,711
Tax Year
2024
Tax Assessed Value
$405,400
Parcel Number
5117771
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Building Name
159 Federal Street Condominium
Common Walls
2+ Common Walls
Disclosures
Pets are allowed. Inc/Exc uploaded in MLS. Public open houses are on Thursday 4:30-6PM, Saturday 12-1:30, Sunday 1-2:30. Private showings please email listing agents with all your information along with request.
Exclusions
See Uploaded Inc/Exc In Mls
Location
Loading map...
Neighborhood
159 Federal St # 2, Salem MA 01970
Salem, MA 01970
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$393
Homeowners Insurance$200
HOA Fee$177
PMI$0
Property History
Market Insights
2.1%
Price Range
24
Total Days on Market
Property Timeline
✓
Sold
Oct 18, 2024
$460,000
Property sold
Days on Market: 24
🏠
Listed for Sale
Aug 6, 2024
$469,900
Original listing
Agent: Gingle-Lerman Realty GroupOffice: William Raveis R.E. & Home Services
