28 Federal St # 10, Salem MA 01970

Salem, MA 01970
$580,000
2
Beds
2
Baths
1,488
Sq Ft
$390
Price/Sq Ft
1980
Year Built
1
Parking
21
Days on Market
Sold Listed Apr 22, 2026 • MLS# 73505684 Copied! • Updated Jun 9, 2026

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Sale Statistics

Sale Overview
Original List Price: $549,900
Final Sale Price: $580,000
Difference: +$30,100 (+5.5%)
Performance Metrics
105.5%
List to Sale Ratio
Sold above asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $370
Sale $/sq ft: $390
This property sold for $390 per square foot
Sale Summary

This property sold for 5.5% above the original asking price, indicating strong buyer demand.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 39 similar properties sold within 0.5 miles in the last 90 days

This Property
$390/sq ft
Area Median
$467/sq ft
Difference
16.5%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Presenting 28A Federal Street, a fantastic two-story 1488 sq ft condo with 2 bedrooms & 2 baths. This location cannot be beat with access to everything the historic city of Salem has to offer. Enter into the sun drenched living/dining space featuring beautiful hardwood floors, soaring cathedral ceilings, wood-burning fireplace & access to a sunny private deck. An efficient galley kitchen with stainless steel appliances and pantry, as well as a spacious bedroom, laundry & full bath round out the 1st floor. The 2nd floor showcases an incredible primary suite with wood floors, cathedral ceilings, double closets & ensuite bathroom. Additionally there is a wonderful loft space perfect for a home office. One car parking, attic storage, pet-friendly building, condo fee that covers heat & hot water, all in well-run association. Incredibly convenient to shopping, dining & the culture offerings of the city- all directly across from the commuter rail to zip into Boston. Nothing to do but move in!

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Recently Sold Nearby

Property History

Market Insights

38%
Price Range
1
Previous Sales

Property Timeline

📋
Status: Active under contract
May 1, 2026
Active → Active Under Contract
Pending Sale
Apr 28, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 22, 2026
$549,900
Original listing
Agent: Andrea Bennett Office: William Raveis R.E. & Home Services
Previous Transaction - MLS #71999563
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 30, 2016
$341,000
MLS #71999563

Tax History

Year Taxes Assessment
2025 $5,567 $490,900

Financial Details

Annual Property Tax
$5,567
Tax Year 2025
HOA Fee
$603
Monthly
Assessed Value
$490,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,488 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Natural Gas, Ductless
Cooling Ductless
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Office

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck, City View(s)
Pool None
Spa None
Fencing Security
Patio/Porch Deck
Features Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup
Annual Tax $5,567
Assessed Value $490,900

HOA & Community

HOA Fee $603 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities Hot Water
Optional Fee Includes None
Owner-Occupied Units 9
Pets Yes
Seller Disclosures Ceiling Fan In Lr Not Working- Light Does Work. Stopper In Primary Bathroom & Motion Sensor Light Fixture Not Working. Sellers Will Prepay A 13th Condo Fee For 2027. Annual Hoa Meeting Is May 16; If The Condo Fee Is Increased The Sellers Will Cover 1 Year Of The Difference- Fiscal Year Starting 6/26
Exclusions Plant Lighting In The Office Are Excluded. Book Cases In The Living Room Are Negotiable.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 10
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (6)
County Essex
Total market time (incl. prior listings) 23 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,488 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Office
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1980
Structure Type: Townhouse
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas, Ductless
Heating Zones: 3
Cooling: Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, City View(s)
Patio & Porch: Deck
Fencing: Security
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Special Features

Fireplaces: 1
Fireplace Type: Living Room
View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Park, Public School, T-Station
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
E

Elementary Schools

3 schools
B-
Carlton School
0.6 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-
Saltonstall School
0.7 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
The Phoenix School
0.8 mi
Grades PK-08
M

Middle Schools

3 schools
C+
Collins Middle School
0.8 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
B+
Village School
2.0 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
C+
J. Henry Higgins Middle School
2.4 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.6 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
1.5 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
Bishop Fenwick High School
1.5 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Location

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Neighborhood

28 Federal St # 10, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Andrea Bennett
Listing Office William Raveis R.E. & Home Services
Office Phone 781-631-1199
Agent MLS ID CN220286
Office MLS ID M95385
Listing Data Updated Jun 9, 2026 12:15 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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