FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Remodeled
LevelSecond
159 Federal St # 2, Salem MA 01970
Salem, MA 01970
$460,000
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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.
Nearby Sales Comparison
Based on 20 similar properties sold within 0.5 miles in the last 90 days
This Property
$657/sq ft
Area Median
$345/sq ft
Difference
+90.7%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
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.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
25.5%
Price Range
24
Total Days on Market
1
Previous Sales
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 Group
Office: William Raveis R.E. & Home Services
Previous Transaction - MLS #72538915
Full transaction history available when tracking began
Previously Sold
Oct 30, 2019
$350,000
MLS #72538915
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/18/2024 | ✓ Sold | $460,000 | - | - | Property sold |
| 08/06/2024 | 🏠 Listed for Sale | $469,900 | - | - | Original listing |
| 10/30/2019 | 🏷️ Previously Sold | $350,000 | - | - | MLS #72538915 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $4,711 | $405,400 |
Financial Details
Annual Property Tax
$4,711
Tax Year 2024
HOA Fee
$177
Monthly
Assessed Value
$405,400
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1850
Living Area
700 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Flooring
Wood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Energy Star Qualified Refrigerator, Energy Star Qualified Dishwasher
Fireplace
None
Basement
Y
Laundry
In Basement, In Building
Features
None
Exterior
Construction
None
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached, Deeded, Off Street, Paved, Exclusive Parking
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$4,711
Assessed Value
$405,400
HOA & Community
HOA Fee
$177 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Reserve Funds
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
3
MA Disclosures
Seller 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
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden","2\/3 Family"]
Unit/Building
2
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Certificate Of Insurance (4)
County
Essex
Total market time (incl. prior listings)
24 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1850
Bedrooms
2
Full Bathrooms
1
Living Area
700 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesFlooring - Wood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
LevelSecond
FeaturesCloset, Flooring - Wood
LevelSecond
FeaturesFlooring - Wood, Open Floorplan, Recessed Lighting, Remodeled, Lighting - Pendant
LevelSecond
FeaturesCeiling Fan(s), Closet, Flooring - Wood
LevelSecond
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher
Interior Features:
Windows:
Storm Window(s)
Basement:
Y
Laundry:
In Basement, In Building
Security:
Construction & Materials
Year Built:
1850
Structure Type:
Garden, 2/3 Family
Exterior Materials:
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas
Heating Zones:
1
Cooling:
Central Air
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
2
Parking Features:
Detached, Deeded, Off Street, Paved, Exclusive Parking
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
Elementary Schools
9 schools
The Phoenix School
0.3 mi
Grades PK-08
The Greenhouse School
1.6 mi
Grades PK-08
B
Witchcraft Heights School
0.8 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
B-
Saltonstall School
0.8 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
C-
Horace Mann Laboratory School
0.9 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
B+
Bates School
1.1 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-
Carlton School
1.1 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
1.4 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
1.4 mi
106 students
Diverse
Diverse Student Body
Grades PK
Middle Schools
1 school
C+
Collins Middle School
0.4 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
High Schools
2 schools
B+
Salem Academy Charter School
1.0 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
1.0 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
159 Federal St # 2, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Gingle-Lerman Realty Group
Listing Office
William Raveis R.E. & Home Services
Office Phone
781-631-1199
Agent MLS ID
TM331675
Office MLS ID
M95385
Listing Data Updated
Oct 19, 2024 10:08 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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