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Backup Offers

16 Summer St Unit 3, Salem, MA, 01970

$589,000

Home List Price

$6,994*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,086 SqFt
$542/SqFt
Condo
Schools Nearby

Location

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16 Summer St Unit 3, Salem$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOff Street, Paved, Exclusive Parking
Year Built1800
HeatingForced Air, Natural Gas
CoolingCentral Air, Other
WaterfrontBeach, Harbor, Ocean Front
MLS #73227432
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Contingent)

About 16 Summer St Unit 3

Ideally located in the heart of Salem, this townhouse seamlessly integrates historic charm with modern convenience. Converted to condos in 2015, this McIntire Historic District association is pet-friendly and has low condo fees. This home radiates an air of timeless elegance coupled with contemporary comfort. Boasting two welcoming bedrooms, a thoughtfully equipped kitchen, and two and a half updated bathrooms (one with full-size laundry), it epitomizes sophistication at every corner. The wide pine flooring and expansive windows flood the interior with natural light. Additional amenities such as extra basement storage, two designated parking spots, and a shared patio space enhance its appeal. Positioned conveniently near the MBTA station, this location provides easy access to Salem's diverse culinary scene, vibrant cultural attractions, scenic waterfront, and the ferry to Boston.

Property Details

Property Features

Property Information:

  • Year Built: 1800
  • Living Area: 1,086 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Listing Agent: Julie Andrews

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
  • Flooring Type: Wood, Tile

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Harbor, Ocean Front
  • Exterior: Porch, Patio

Parking Information:

  • Parking: Off Street, Paved, Exclusive Parking

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Other

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Collins Middle School, Public District Grades 6-8
  • Saltonstall School, Public District Grades KG-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Carlton, Public District Grades KG-5
  • Bates, Public District Grades KG-5
  • Witchcraft Heights, Public District Grades KG-5

Other

Directions Information:

  • Directions: Summer Street, Between Chestnut and Essex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
  • Price Per SqFt: $542/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

HOA Fees:

  • Amount: $208
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$549.8K

Med. Price/SqFt

$382

Avg. Days On Market

32

# of Sold Homes

30

16 Summer St Unit 3 vs Salem

9 DAYS ON ROCKET

-23 Days

$589,000

+$39.1K More

$542/SqFt

+$159 More

KEY TAKEAWAY

This property is $39.1K more than the Median Sold Price and $159/SqFt more than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73227432

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Listing Agent: Julie Andrews

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/3/2024, 11:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5293136
4
/10

  • Carlton

  • 10 Skerry St

  • 0.89 miles

  • Public District Grades KG-5

school-card-donut-5293137
5
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-5293138
3
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 1.13 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5293139
4
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.53 miles

  • Public District Grades 6-8

school-card-donut-5293140
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.61 miles

  • Public District Grades KG-8

school-card-donut-5293141
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 1.04 miles

  • Public District Grades KG-8

High School

school-card-donut-5293142
3
/10

  • Salem High School

  • 77 Willson St

  • 1.18 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,581. The most common annual income of people living in Salem, MA is between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Summer St Unit 3

What is the listing price of this property?

The listing price of 16 Summer St Unit 3 property is $589,000.

What type of property is this?

The property 16 Summer St Unit 3 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Accepting Backup Offers: 16 Summer St Unit 3 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 16 Summer St Unit 3 are:
Carlton: GreatSchools Rating 4/10
Bates: GreatSchools Rating 5/10
Witchcraft Heights: GreatSchools Rating 3/10
Collins Middle School: GreatSchools Rating 4/10
Saltonstall School: GreatSchools Rating 4/10
Nathaniel Bowditch: GreatSchools Rating 2/10
Salem High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 16 Summer St Unit 3 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 16 Summer St Unit 3 is 1,086 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Summer St Unit 3 is 1800.

Rocket Homes›Massachusetts›Essex County›Salem›01970›16 Summer St Unit 3

This home is located at 16 Summer St Unit 3 in Salem, MA and zip code 01970. This 1,086 square foot home, which was built in 1800, sits on a 0.17 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $589,000.

In April 2024 more than 18 listings in Salem, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The inventory of homes for sale in Salem, MA between March 2024 and April 2024 increased by 1.1%. Listings spent 32 days on the market in April 2024, and had a median list price of $549,825 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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