$700,000
SOLD JUL 16, 2024

162 Federal St Unit 2 Salem, MA 01970

3 Beds
2.5 Baths
2,048 Sq Ft
$390/mo HOA Fee

Recently Sold

$342 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Medical Services
  • Landscaped Professionally
  • Wood Flooring
  • River View
  • Property is near public transit
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Open House SAT4/6 & SUN 4/7. Located in the heart of Salem's coveted McIntire District and Winner of the prestigious Tsongas award for historic restoration in 2018. This large modern 3+ bed 2.5 bath is a townhouse style unit. First floor unit in elevatored wheelchair accessible building. Tiled baths, stainless appliances, Original character with Soaring ceilings and oversized windows. sun-splashed Eat-in Kitchen & living rooms. Gleaming Hardwood floors. Laundry in unit. 2 Large primary bedrooms both with en-suite bath & large W-I closets. Walk-out Lower level has 2 additional large bedrooms, bath & home office. Entire building features new plumbing, electrical, kitchen & baths, heat & central a/c. Exterior features common patio space, entrances on both Federal & Bridge Streets for convenience to downtown & commuting routes. Pet friendly association. 2 on-site parking spaces. A very walkable 1/2 mile to the Commuter Rail & easy access to Downtown Salem amenities & thriving culture.

Last Agent to Sell the Property

Mike Becker

Atlantic Coast Homes,Inc

Co-Listed By

Dan Bernal

Atlantic Coast Homes,Inc

Last Buyer's Agent

Headway Group

Compass

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,900

Year Built

  • Built in 1900

Lot Details

  • Near Conservation Area
  • Landscaped Professionally
  • Garden

HOA Fees

  • $390 Monthly HOA Fees

Property Views

  • River
  • City
  • Canal

Home Design

  • Frame Construction
  • Shingle Roof
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Insulated Doors
  • Dining Area
  • Home Office
  • Intercom
  • Basement

Kitchen

  • Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • Heating System Uses Natural Gas
  • 220 Volts

Additional Features

  • Level Entry For Accessibility
  • Patio

Listing and Financial Details

  • Assessor Parcel Number M:26 L:0096,2132220

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 8 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Elevator

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,900

Year Built

Built in 1900

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate,Certified Historic,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Plans
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Recessed Lighting, Home Office
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Plumbed For Ice Maker
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Basement
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom2 Area: 300
  • Room Bedroom3 Features: Bathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet, Recessed Lighting
  • Room Bedroom3 Area: 272
  • Room Bedroom3 Level: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Main Level Bathrooms: 2
  • Total Bathrooms: 2.5
  • Room Master Bedroom Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 154
  • Master Bathroom Features: Yes
  • Bathroom 1 Area: 25
  • Bathroom 1 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile, Lighting - Sconce
  • Bathroom 1 Level: Main,First
  • Bathroom 2 Level: Main,First
  • Bathroom 2 Area: 55
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Sconce
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Recessed Lighting
  • Bathroom 3 Level: Basement
  • Bathroom 3 Area: 45
  • Room Dining Room Features: Flooring - Hardwood, Recessed Lighting
  • Room Dining Room Level: Main,First
  • Room Dining Room Area: 84
  • Room Kitchen Level: Main,First
  • Room Kitchen Features: Bathroom - Half, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Lighting - Pendant
  • Room Kitchen Area: 136
  • Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
  • Room Living Room Level: Main,First
  • Room Living Room Area: 256
  • Room Living Room Features: Flooring - Hardwood, Recessed Lighting
  • Room Office Level: Basement
  • Room Office Area: 78
  • Room Office Features: Flooring - Wall to Wall Carpet, Recessed Lighting
  • Basement: Y
  • Accessibility Features: Accessible Entrance
  • Living Area: 2048
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Insulated Windows
  • MAIN LO: AC1991
  • LIST PRICE PER Sq Ft: 331.98
  • PRICE PER Sq Ft: 341.8
  • MAIN SO: AN2383
  • Insulation: Full

Exterior Features

  • Exterior Features: Patio, City View(s), Garden, Professional Landscaping
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle, Slate, Rubber
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Driveway, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • SEWAGE DISTRICT: Salem
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Amenities: Elevator(s)
  • Association Fee: 390
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Professional - Off Site, Developer Control, Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: M:26 L:0096,2132220
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.62
  • Lot Size Area: 0.62
  • Lot Size Sq Ft: 27029
  • Lot Size Units: Acres
  • PAGE: 150
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7900
  • Tax Book Number: 34841

Multi Family

  • Number Of Units Total: 8
  • Basement Included Sq Ft: Yes
  • Waterview: Canal, Public, River

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $700,000 +3.0% $342 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $679,900 -- $332 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73218351

MLS Property Information Network (MLS PIN)

APN: SALE M:26 L:0096

Massachusetts Essex County Salem 01970

162 Federal St Unit 2, Salem, MA

Homes for Sale in Salem, MA

This home is located at 162 Federal St Unit 2, Salem, MA 01970 and is currently priced at $700,000, approximately $341 per square foot. This property was built in 1900. 162 Federal St Unit 2 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Witchcraft Heights Elementary School, and Saltonstall School.

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