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Off market
  • $486,100

    118 Federal St #118, Salem, MA 01970

    1beds
    841sqft
    Condo
    Built in 1782
    -- sqft lot
    $486,100 Zestimate®
    $578/sqft
    $2,460 Estimated rent

    Home value

    $486,100

    $457,000 - $515,000

    $2,460/mo

    Zestimate® history
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    $3,255/mo

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    What's special

    Fall in love with this stunning, oversized one-bedroom condo in the Leach Nichols House (c.1782) located on Federal Street, in the sought-after McIntire Historic District. This home mixes Federal-style charm with the right updates set in one of the most coveted yards in the District. Rare for these condos-two private entrances to private parking and yard. Inside, period fireplaces are set against newly refinished pine floors. Enjoy an eat-in kitchen with nicely pointed updates, beamed ceilings and period brick accents. Living room boasts a large fireplace with soapstone hearth, high ceilings and beautiful garden views.The bedroom is suite-like with a stunning McIntire marble fireplace, full sofa and desk. Updated bath with in-suite laundry and a formal foyer with coat closet complete the space. Central air, newly added furnace, Nest. Additional storage in basement. 2 tandem parking spaces. Mins walk to train, waterfront, museums & all that downtown Salem has to offer ***BY APPT ONLY***

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 841 sqft

    Property

    Parking
    • Total spaces: 2
    Features
    • Exterior features: Wood
    Details
    • Parcel number: SALEM26L0592S801

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1782

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $225 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $578/sqft
    • Tax assessed value: $485,400
    • Annual tax amount: $5,504

    Price history

    DateEventPrice
    11/2/2020Sold$415,000+26.7%$493/sqft
    Source: Public Record Report a problem
    10/5/2018Sold$327,457+39.3%$389/sqft
    Source: Public Record Report a problem
    7/8/2016Sold$235,000+23.7%$279/sqft
    Source: Public Record Report a problem
    12/27/2013Sold$190,000-28.3%$226/sqft
    Source: Public Record Report a problem
    8/28/2013Listing removed$265,000$315/sqft
    Source: CENTURY 21 Commonwealth #71544896 Report a problem
    7/20/2013Price change$265,000-1.9%$315/sqft
    Source: CENTURY 21 Commonwealth #71544896 Report a problem
    7/15/2013Price change$270,000-3.6%$321/sqft
    Source: CENTURY 21 Commonwealth #71544896 Report a problem
    6/21/2013Listed for sale$280,000+3.7%$333/sqft
    Source: CENTURY 21 Commonwealth #71544896 Report a problem
    6/1/2006Sold$270,000+162.1%$321/sqft
    Source: Public Record Report a problem
    1/26/1996Sold$103,000-15.9%$122/sqft
    Source: Public Record Report a problem
    2/28/1989Sold$122,500$146/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,504 +8.3%$485,400 +11%
    2024$5,080 +5.1%$437,200 +13.1%
    2023$4,835 $386,500
    2022$4,835 +8.4%$386,500 +19.6%
    2021$4,459 +13.5%$323,100 +18.8%
    2020$3,929 +7.6%$271,900 +12.4%
    2019$3,653 +5.5%$241,900 +7.5%
    2018$3,461 -0.7%$225,000 +2.4%
    2017$3,484 +10.3%$219,700 +9%
    2016$3,159 -1.2%$201,600 +3.5%
    2015$3,197 -1.9%$194,800
    2014$3,259 +4.6%$194,800 -2.3%
    2012$3,115 +1.5%$199,300 -2.3%
    2011$3,069 +1.8%$203,900 -5.3%
    2010$3,015 +3.4%$215,200 -4.6%
    2009$2,915 +0.6%$225,600 -9.2%
    2008$2,899 +9.2%$248,400 +0.8%
    2007$2,654 +1.2%$246,400 +5.3%
    2006$2,622 +7.9%$233,900 +9.5%
    2005$2,431 -0.1%$213,600 +2.8%
    2004$2,433 +20.8%$207,800 +32.8%
    2003$2,014 +7.8%$156,500 +13.3%
    2002$1,868 +15.1%$138,100 +29.1%
    1999$1,623 +37.1%$107,000 +14.3%
    1994$1,184 $93,600
    Find assessor info on the county website

    Neighborhood: Federal Street

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $486,100
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    Estimated market value
    $486,100