116 Federal St Unit 2 delivers an unparalleled living experience rich in character nested in the historical McIntire District of Salem. The home comes fully furnished and includes dishes and small appliances. This home has been lovingly cared for to include refinish original wide board floors, newer individual furnace and water heater (less than 4 yrs old) and living room decorative custom restored fireplace , turnkey fully furnished! Features of this condominium, 11 ft ceilings, turnkey and furnished, 2 decorative fireplaces, original wide board floors and the convenience of in unit laundry. The library is also a flex space for added sleeping. Beautiful grounds are stunning with perennial beds and plantings to bring beauty throughout the season. Deeded off street parking for 2 vehicles. Walking distance to train to Boston, Salem commons, two blocks to the Ropes Public Garden, restaurants, waterfront and so mush more that Salem has to offer
Sold for $420,000
$420,000
116 Federal St APT 2, Salem, MA 01970
1beds
885sqft
Condominium
Built in 1782
-- sqft lot
$421,800 Zestimate®
$475/sqft
$2,592 Estimated rent
Home value
$421,800
$384,000 - $464,000
$2,592/mo
Zestimate® history
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$2,883/mo
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List your homeWhat's special
Original wide board floorsPerennial beds and plantingsIn unit laundryDeeded off street parking
Zillow last checked:
Listing updated:
Listed by:
Susan Kelsey 321-514-5028,
Coldwell Banker Realty - Lynnfield 781-334-5700,
Susan Kelsey 321-514-5028
Bought with:
Linda Turcotte
Keller Williams Realty Evolution
Source: MLS PIN,MLS#: 73380089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Closet - Linen, Closet, Flooring - Hardwood, Sunken, Crown Molding, Decorative Molding
- Level: Second
Primary bathroom
- Features: No
Bathroom 1
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
- Level: Second
Kitchen
- Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Dining Area, Countertops - Upgraded, Cabinets - Upgraded, Crown Molding, Decorative Molding
- Level: Second
Living room
- Features: Flooring - Hardwood, Crown Molding
- Level: Second
Heating
- Baseboard, Oil, Individual
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Unit
Features
- Library
- Flooring: Wood
- Has basement: Yes
- Number of fireplaces: 2
- Fireplace features: Kitchen, Living Room
Interior area
- Total structure area: 885
- Total interior livable area: 885 sqft
- Finished area above ground: 885
Property
Parking
- Total spaces: 2
- Parking features: Off Street, Tandem, Deeded
- Uncovered spaces: 2
Features
- Entry location: Unit Placement(Upper,Front)
- Patio & porch: Patio
- Exterior features: Patio, Garden, Rain Gutters, Professional Landscaping
- Waterfront features: Ocean, Beach Ownership(Public)
Details
- Parcel number: 2132868
- Zoning: R
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Frame
- Roof: Shingle,Rubber
Condition
- Year built: 1782
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station
HOA
- Amenities included: Storage, Garden Area
- Services included: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
- HOA fee: $267 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $475/sqft
- Tax assessed value: $461,900
- Annual tax amount: $5,238
- Date on market: 1/2/2026
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $420,000-1.2%$475/sqft |
Source: MLS PIN #73380089 Report a problem | ||
| 6/10/2025 | Contingent | $425,000$480/sqft |
Source: MLS PIN #73380089 Report a problem | ||
| 5/27/2025 | Listed for sale | $425,000+29.2%$480/sqft |
Source: MLS PIN #73380089 Report a problem | ||
| 6/1/2020 | Sold | $329,000-0.3%$372/sqft |
Source: Public Record Report a problem | ||
| 4/19/2020 | Pending sale | $329,900$373/sqft |
Source: Century 21 North East #72644337 Report a problem | ||
| 4/15/2020 | Listed for sale | $329,900+40.4%$373/sqft |
Source: Century 21 North East #72644337 Report a problem | ||
| 8/26/2015 | Sold | $235,000-4.9%$266/sqft |
Source: Public Record Report a problem | ||
| 7/14/2015 | Listed for sale | $247,000+7.4%$279/sqft |
Source: Harborside Sotheby's International Realty #71873119 Report a problem | ||
| 8/15/2008 | Sold | $230,000$260/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,238 +10.4% | $461,900 +13.1% |
| 2024 | $4,744 +4.2% | $408,300 +12.2% |
| 2023 | $4,554 | $364,000 |
| 2022 | $4,554 +2.7% | $364,000 +13.3% |
| 2021 | $4,433 +14% | $321,200 +19.4% |
| 2020 | $3,888 +7.8% | $269,100 +12.6% |
| 2019 | $3,607 +5.7% | $238,900 +7.7% |
| 2018 | $3,411 -0.6% | $221,800 +2.5% |
| 2017 | $3,431 +10.3% | $216,300 +9% |
| 2016 | $3,110 -1.2% | $198,500 +3.5% |
| 2015 | $3,147 -1.9% | $191,800 |
| 2014 | $3,209 +4.6% | $191,800 -2.2% |
| 2012 | $3,067 +1.5% | $196,200 -2.2% |
| 2011 | $3,021 +1.8% | $200,700 -5.2% |
| 2010 | $2,967 +3.1% | $211,800 -4.9% |
| 2009 | $2,877 +0.3% | $222,700 -9.4% |
| 2008 | $2,868 +4.5% | $245,800 -3.6% |
| 2007 | $2,745 | $254,900 |
Find assessor info on the county website
Neighborhood: Federal Street
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Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.8 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.5 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.5 mi
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Estimated market value
$421,800
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Estimated market value
$421,800
- Massachusetts
- Essex County
- Salem
- 01970
- Federal Street
- 116 Federal St Apartment 2
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