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Sold for $569,000
  • $569,000

    116 Federal St APT 1, Salem, MA 01970

    2beds
    1,036sqft
    Condominium
    Built in 1782
    -- sqft lot
    $573,600 Zestimate®
    $549/sqft
    $2,717 Estimated rent

    Home value

    $573,600

    $545,000 - $602,000

    $2,717/mo

    Zestimate® history
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    What's special

    Grand fireplaceGranite countertopsCrown moldingsRandom-board pine floorsLarge pantryWalk-in closet
    Welcome to The Leach Nichols House! This McIntire Federal Residence boasts stunning features such as crown moldings, 9’ ceilings, random-board pine floors, hand-cut raw beams, and 16-pane bay-windows. It offers first-floor living with two entrances, one shared with Federal Street, and another private entrance from the unit's yard. The spacious primary bedroom overlooks the gardens and has a walk-in closet. The renovated kitchen/dining area has granite countertops, stainless appliances, and a grand fireplace. The unit also has a large pantry and in-unit basement laundry/storage room. The property includes tandem 2 car parking and breathtaking shared English-style grounds & garden. Ideally located, just two blocks from downtown and the train. The Leach Nichols House (c1782) is blocks from downtown Salem, the commuter-rail & ferry, 1-2 miles from Beverly & Salem Harbors, 8-min drive to RT 1 & 128.

    Zillow last checked:

    Listing updated:

    Listed by:

    Emmanuel Paul 617-877-9560,

    Redfin Corp. 617-340-7803

    Bought with:

    Nest | Syndi Zaiger Group

    Compass

    Source: MLS PIN,MLS#: 73124524

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Walk-In Closet(s), Flooring - Hardwood
    • Level: First
    Bedroom 2
    • Features: Flooring - Hardwood
    • Level: First
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Recessed Lighting
    • Level: First
    Kitchen
    • Features: Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Exterior Access, Remodeled, Stainless Steel Appliances
    • Level: Main,First
    Living room
    • Features: Closet, Flooring - Hardwood, Lighting - Pendant
    • Level: First
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Laundry: In Basement, In Unit
    Features
    • Flooring: Wood, Tile
    • Has basement: Yes
    • Number of fireplaces: 3
    • Fireplace features: Kitchen, Living Room, Bedroom
    Interior area
    • Total structure area: 1,036
    • Total interior livable area: 1,036 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Tandem, Deeded
    • Uncovered spaces: 2
    Features
    • Patio & porch: Patio
    • Exterior features: Patio, Storage, Fenced Yard
    • Fencing: Fenced
    • Waterfront features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
    Details
    • Parcel number: M:26 L:0592 S:802,2132867
    • Zoning: res

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1782

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $306 monthly
    • Services included: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

    Price history

    DateEventPrice
    9/1/2023Sold$569,000+22.4%$549/sqft
    Source: MLS PIN #73124524 Report a problem
    6/24/2023Contingent$464,900$449/sqft
    Source: MLS PIN #73124524 Report a problem
    6/14/2023Listed for sale$464,900-2.1%$449/sqft
    Source: MLS PIN #73124524 Report a problem
    7/20/2022Listing removed$475,000$458/sqft
    Source: MLS PIN #73012317 Report a problem
    7/14/2022Listed for sale$475,000+9.2%$458/sqft
    Source: MLS PIN #73012317 Report a problem
    4/18/2020Listing removed$434,900$420/sqft
    Source: Irving Parry Real Estate #72639331 Report a problem
    4/5/2020Pending sale$434,900$420/sqft
    Source: Irving Parry Real Estate #72639331 Report a problem
    3/31/2020Listed for sale$434,900+14.4%$420/sqft
    Source: Irving Parry Real Estate #72639331 Report a problem
    10/10/2019Sold$380,000+0.5%$367/sqft
    Source: Public Record Report a problem
    8/6/2019Listed for sale$378,000+260%$365/sqft
    Source: Merry Fox Realty #72545781 Report a problem
    9/21/1993Sold$105,000$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,918 +16.9%$521,900 +19.8%
    2024$5,061 +3.4%$435,500 +11.3%
    2023$4,894 $391,200
    2022$4,894 +2.7%$391,200 +13.3%
    2021$4,764 +13.9%$345,200 +19.2%
    2020$4,183 +7.8%$289,500 +12.6%
    2019$3,881 +7.3%$257,000 +9.3%
    2018$3,617 -0.5%$235,200 +2.6%
    2017$3,637 +10.3%$229,300 +9%
    2016$3,297 -1.2%$210,400 +3.5%
    2015$3,336 -1.9%$203,300
    2014$3,401 +4.6%$203,300 -2.3%
    2012$3,251 +1.6%$208,000 -2.2%
    2011$3,201 +1.7%$212,700 -5.3%
    2010$3,147 +3.2%$224,600 -4.9%
    2009$3,050 +0.3%$236,100 -9.4%
    2008$3,042 +4.4%$260,700 -3.6%
    2007$2,913 $270,500

    Find assessor info on the county website

    Neighborhood: Federal Street

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $573,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $573,600