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16 America Way, Salem MA 01970

Salem, MA 01970 • South Salem
$540,000
2
Beds
2
Baths
1,361
Sq Ft
$397
Price/Sq Ft
1980
Year Built
1
Garage Space
140
Days on Market
Closed Listed Sep 25, 2024 • MLS# 73295044 Copied! • Updated Mar 13, 2025

Sale Statistics

Sale Overview
Original List Price: $576,000
Final Sale Price: $540,000
Difference: $36,000 (-6.3%)
Performance Metrics
93.8%
List to Sale Ratio
Sold below asking price
140
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $423
Sale $/sq ft: $397
This property sold for $397 per square foot
Sale Summary

This property sold for 6.3% below the original asking price.

At 140 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$397/sq ft
Area Average
$146/sq ft
Difference
+172.0%

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

About this home

Move-in ready! 2 Bedroom / 2 Bathroom condominium located on the main living level. Close to 1,400sf, single-level living, genuine hardwood Maple flooring, with an open floor plan with front-to-back layout. The natural sunlight flows generously through its many windows. Custom built walk-in closet in the primary bedroom along with a heated, ensuite bath. Nothing is basic here, all brand new kitchen appliances, new hot water heater, custom shower door, eye catching ceramic tile and all new fixtures in both baths. Central A/C, deeded garage parking with additional deeded space, and extra deeded storage. Full sized washer & dryer to be left as gifts. Pet-friendly, tennis courts, clubhouse, in-ground swimming pool, private walking trails, nearby public transportation, Vinnin Square, restaurants, shopping and within a few miles of the ocean and beaches.

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Recently Sold Nearby

Property History

Market Insights

49.1%
Price Range
140
Total Days on Market
4
Previous Sales

Property Timeline

Sold
Mar 13, 2025
$540,000
Property sold
Days on Market: 140
🏠
Listed for Sale
Sep 26, 2024
$544,000
Original listing
Agent: Kimberly O'Donnell Office: NextHome North Shore Realty
Previous Transaction - MLS #72988871
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 15, 2022
$450,000
MLS #72988871
Previous Transaction - MLS #72920579
Full transaction history available when tracking began
🏷️
Previously Sold
Jan 18, 2022
$365,000
MLS #72920579
Previous Transaction - MLS #72705296
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 24, 2020
$365,000
MLS #72705296
Previous Transaction - MLS #72398261
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 18, 2019
$277,000
MLS #72398261

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

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 Forced Air, Heat Pump, Electric
Cooling Central Air, Heat Pump, Individual, Unit Control
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Main Level, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Entrance Foyer

Exterior

Construction Brick
Architecture None
Roof Shingle
Features Balcony / Deck, Covered Patio/deck, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall, Tennis Court(s)
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Covered
Garage Spaces 1
Has Garage Yes
Features Detached, Deeded, Assigned, Off Street, Common, Guest, Paved
Total Spaces 2
Electric 220 Volts, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $4,927
Assessed Value $424,000

HOA & Community

HOA Fee $518 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Tennis Court(s), Recreation Facilities, Clubroom, Clubhouse
Optional Fee Includes None
Seller Disclosures Seller Has Never Lived In Property. Property Being Sold As Is.
Exclusions Staging And Personal Items.
Possession None
Accepted Financing Contract
Structure Type ["Garden"]
Unit/Building 4AW
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County Essex
Total market time (incl. prior listings) 140 days

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
Main Level Bedrooms
2

Room Details

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom
Yes

Main,First Floor

Bathroom1
10 x 6
Bathroom - Full, Bathroom - With Shower Stall, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Enclosed Shower - Fiberglass, Cabinets - Upgraded, Remodeled, Lighting - Overhead
Dining Room
13 x 11
Flooring - Hardwood, Balcony / Deck, Exterior Access, Recessed Lighting, Lighting - Overhead
Kitchen
14 x 11
Flooring - Hardwood, Dining Area, Open Floorplan, Recessed Lighting, Remodeled, Stainless Steel Appliances, Peninsula, Lighting - Overhead
Bathroom2
7 x 6
Bathroom - Full, Bathroom - With Tub & Shower, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Lighting - Overhead
Bedroom2
11 x 15
Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Closet - Double
Living Room
14 x 24
Flooring - Hardwood, Balcony / Deck, Cable Hookup, Exterior Access, Open Floorplan, Recessed Lighting, Lighting - Overhead
Master Bedroom
14 x 20
Bathroom - Full, Closet - Linen, Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Lighting - Overhead, Closet - Double

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Entrance Foyer
Windows: Insulated Windows
Basement: N
Laundry: Main Level, First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1980
Structure Type: Garden
Exterior Materials: Brick
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric
Cooling: Central Air, Heat Pump, Individual, Unit Control
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Covered Patio/Deck, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall, Tennis Court(s)
Patio & Porch: Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 2
Parking Features: Detached, Deeded, Assigned, Off Street, Common, Guest, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

South Salem

16 America Way, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Kimberly O'Donnell
Agent MLS ID CN235006
Office MLS ID AN8103
Listing Data Updated Mar 13, 2025 12:16 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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