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11 Rice St # 1, Salem MA 01970

Salem, MA 01970
$589,000
Est. $3,971/month
2
Beds
2
Baths
1,200
Sq Ft
$491
Price/Sq Ft
0.05
Acres
1890
Year Built
22
Days on Market
Closed Listed Jun 3, 2025 • MLS# 73384214 Copied!

About this home

Stunning Renovated Condo in Prime Bridge Street Neck Location! Experience top-tier design and craftsmanship in this fully renovated gem, where every detail has been thoughtfully curated for modern coastal living. The open floor plan features soaring ceilings, a state-of-the-art chef’s kitchen with a quartz center island, dining space, and a built-in bar with wine fridge—perfect for entertaining. Two luxurious en-suite bedrooms boast spa-like bathrooms with walk-in showers, a soaking tub in the primary suite, and generous walk-in closets. Additional highlights include in-unit laundry, private storage, 2021 heating and central AC systems, a high-efficiency Navien tankless water heater, and two assigned off-street parking spaces. Enjoy easy access to the beach, train, and Boston ferry, plus the vibrant downtown scenes of Salem and Beverly—offering museums, fine dining, boutique shopping, and nightlife. Move-in ready, pet friendly, and designed to impress. Guest Parking on March St!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1890
Bedrooms
2
Full Bathrooms
2
Living Area
1,200 sq ft
Total Rooms
4
Stories
2
Entry Level
1
Main Level Bedrooms
1

Sale Statistics

Sale Overview
Original List Price: $589,000
Final Sale Price: $589,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $491
Sale $/sq ft: $491
This property sold for $491 per square foot
Sale Summary

This property sold exactly at the asking price.

With only 22 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$491/sq ft
Area Average
$303/sq ft
Difference
+62.2%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1890
Living Area 1,200 sq ft
Lot Size 0.05 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Engineered Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Composite, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Features Off Street, Tandem, Assigned, Paved
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,082
Assessed Value $624,500

Interior Features

Flooring: Tile, Hardwood, Engineered Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1890
Effective Year (Renovated): 2021
Structure Type: Townhouse
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: Deck - Composite, Rain Gutters
Patio & Porch: Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem, Assigned, Paved

Location

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Neighborhood

11 Rice St # 1, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
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 $590
Homeowners Insurance $200
HOA Fee $203/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

23
Total Days on Market

Property Timeline

Sold
Aug 8, 2025
$589,000
Property sold
Days on Market: 23
🏠
Listed for Sale
Jun 3, 2025
$589,000
Original listing
Agent: Amanda Veseskis Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Jun 3, 2025 New Listing Added $589,000

Market Statistics

Days on Market
22 days
Price per Sq Ft
$491

Tax History

Year Taxes Assessment
2025 $7,082 $624,500

Financial Details

Annual Property Tax
$7,082
Tax Year 2025
HOA Fee
$203
Monthly
Assessed Value
$624,500

Listing Information

Listing Agent Amanda Veseskis
Listing Office Lamacchia Realty, Inc.
Agent MLS ID CN243809
Office MLS ID AN5825
Listing Data Updated Aug 8, 2025 1:51 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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