FeaturesBathroom - Full
LevelFirst
16-18 Phelps Street # 1, Salem MA 01970
Salem, MA 01970
$499,000
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Sale Statistics
Sale Overview
Original List Price:
$509,000
Final Sale Price:
$499,000
Difference:
$10,000 (-2.0%)
Performance Metrics
98.0%
List to Sale Ratio
Sold below asking price
56
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$592
Sale $/sq ft:
$580
This property sold for $580 per square foot
Sale Summary
This property sold for 2.0% below the original asking price.
The property spent 56 days on market before selling.
About this home
OPEN HOUSE CANCELLED! OFFER ACCEPTED. Tucked on the edge of the highly desirable McIntire Historic District, one of Salem’s most picturesque neighborhoods, this beautifully renovated condominium is set on a peaceful dead-end street. Completely updated in 2021, the thoughtfully designed interior features an updated kitchen, two bedrooms, two full baths, including a private primary bath and in-unit laundry. Contemporary finishes in both the kitchen and baths complement the home’s character, while updated systems and central air conditioning provide comfort and efficiency. An open layout creates an inviting atmosphere ideal for both everyday living and entertaining. Additional highlights include two deeded parking spaces, access to a shared backyard and newly installed stone patio—perfect for enjoying outdoor gatherings.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
2%
Price Range
57
Total Days on Market
Property Timeline
Sold
Jun 3, 2026
$499,000
Property sold
Days on Market: 57
Contingency Update
May 7, 2026
Pending P&S
Status: Active under contract
May 2, 2026
Active → Active Under Contract
Pending Sale
May 1, 2026
Offer accepted, sale pending
Price Reduced
Apr 16, 2026
$499,000
$10,000
(-1.96%)
From $509,000 to $499,000 (-2.0%)
Showing Instructions Updated
Apr 15, 2026
New showing requirements
Showing Instructions Updated
Mar 23, 2026
New showing requirements
Listed for Sale
Mar 17, 2026
$499,000
Original listing
Agent: Kathy Culkin
Office: Coldwell Banker Realty - Marblehead
Listed for Sale
Mar 17, 2026
$509,000
Original listing
Agent: Kathy Culkin
Office: Coldwell Banker Realty - Marblehead
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/03/2026 | ✓ Sold | $499,000 | - | - | Property sold |
| 05/07/2026 | 📝 Contingency Update | - | - | - | Pending P&S |
| 05/02/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 05/01/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 04/16/2026 | ↓ Price Reduced | $499,000 | $10,000 | - | From $509,000 to $499,000 (-2.0%) |
| 04/15/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 03/23/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 03/17/2026 | 🏠 Listed for Sale | $499,000 | - | - | Original listing |
| 03/17/2026 | 🏠 Listed for Sale | $509,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $5,328 | $490,300 |
Financial Details
Annual Property Tax
$5,328
Tax Year 2026
HOA Fee
$240
Monthly
Assessed Value
$490,300
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1920
Living Area
860 sq ft
Lot Size
0.20 acres
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Natural Gas
Cooling
Central Air
Flooring
Tile, Hardwood
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Other
Features
Porch, Fenced Yard, Garden
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch
Parking
Features
Tandem
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$5,328
Assessed Value
$490,300
HOA & Community
HOA Fee
$240 Monthly
Fee Includes
Water, Insurance
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
3
Pets
Yes
MA Disclosures
Seller Disclosures
Membrane Roof. Second Bedroom Is Virtually Staged. Seller Used As Office Previously.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["2\/3 Family"]
Unit/Building
16-1
Sq Ft Source
Master Deed
Documents
Master Deed, Unit Deed (2)
County
Essex
Total market time (incl. prior listings)
57 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
860 sq ft
Total Rooms
4
Stories
1
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
Finished Area
860 sq ft above grade
FeaturesFlooring - Hardwood, Open Floorplan
LevelFirst
FeaturesFlooring - Hardwood, Dining Area, Kitchen Island, Recessed Lighting, Stainless Steel Appliances
LevelFirst
FeaturesBathroom - Full
LevelFirst
FeaturesFlooring - Hardwood
LevelFirst
FeaturesFlooring - Hardwood, Open Floorplan, Recessed Lighting
LevelFirst
FeaturesBathroom - Full, Flooring - Hardwood
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPorch
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:
Tile, Hardwood
Appliances:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement:
Y
Laundry:
First Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1920
Effective Year (Renovated):
2021
Structure Type:
2/3 Family
Exterior Materials:
Frame
Roof:
Other
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Natural Gas
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Porch, Fenced Yard, Garden
Patio & Porch:
Porch
Fencing:
Fenced
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Tandem
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
0.5 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
B-
Saltonstall School
0.6 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
0.7 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
Witchcraft Heights School
0.9 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-
Carlton School
1.3 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B+
Bates School
1.3 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
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
0.2 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
0.8 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
0.8 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
16-18 Phelps Street # 1, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Office
Coldwell Banker Realty - Marblehead
Office Phone
781-631-9511
Agent MLS ID
CN221686
Office MLS ID
AN6221
Listing Data Updated
Jun 3, 2026 7:54 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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