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For sale
    • $525,000

    16 Phelps St #2, Salem, MA 01970

    2beds
    927sqft
    : 
    $3,702/mo
    Get pre-qualified
    Condominium
    Built in 1920
    -- sqft lot
    $517,200 Zestimate®
    $566/sqft
    $240/mo HOA

    What's special

    In-unit laundryExposed brickHardwood floorsEfficient modern systemsPrimary en suiteWalk-in closet spaceRecessed lighting
    Welcome home to this beautifully renovated (2021) single-level condo tucked on a quiet side street in one of Salem's most desirable neighborhoods, abutting the historic McIntire District. Here you'll enjoy the serenity of a peaceful, tree-lined setting while living just minutes from the museums, library, shops, restaurants and nightlife of vibrant downtown Salem. This 2-bedroom, 2-bath residence delivers the perfect blend of comfort, style and convenience, with an effortless flow that suits easy living, working from home, or entertaining. Sun-filled rooms showcase hardwood floors, exposed brick, and recessed lighting, while the stunning Quartz and stainless kitchen anchors the space alongside efficient modern systems and in-unit laundry. Retreat and relax in the primary en suite, complete with a tiled, floor-to-ceiling oversized shower and walk-in closet space. This special offering also includes 2-car off-street parking, an expansive common yard, a pet-friendly policy and extra basement storage. A unique opportunity to own a turn-key home that combines thoughtful updates, historic charm, and an unbeatable location
    1 day
    253
    18

    Zillow last checked:

    Listing updated:

    Listed by:

    Zoe Karademos 781-405-7122,

    Coldwell Banker Realty - Marblehead 781-631-9511

    Source: MLS PIN,MLS#: 73574179

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Second
      Bedroom 2
      • Level: Second
      Primary bathroom
      • Features: Yes
      Bathroom 1
      • Level: Second
      Bathroom 2
      • Level: Second
      Kitchen
      • Level: Second
      Living room
      • Level: Second
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
      • Laundry: Second Floor
      Features
      • Flooring: Hardwood
      • Windows: Insulated Windows
      • Has basement: Yes
      • Has fireplace: No
      Interior area
      • Total structure area: 927
      • Total interior livable area: 927 sqft
      • Finished area above ground: 927

      Property

      Parking
      • Total spaces: 2
      • Parking features: Off Street, Tandem
      • Uncovered spaces: 2
      Features
      • Patio & porch: Patio
      • Exterior features: Patio, Fenced Yard
      • Fencing: Fenced
      • Waterfront features: Harbor, Ocean, 1 to 2 Mile To Beach
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: M:0025 B:0335 L:0802,5195621
      • Zoning: R2

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Frame
      • Roof: Rubber
      Condition
      • Year built: 1920
      • Major remodel year: 2021

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: for Gas Range

      Community & HOA

      Community
      • Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Marina, T-Station, University
      HOA
      • Services included: Water, Sewer, Insurance
      • HOA fee: $240 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $566/sqft
      • Tax assessed value: $512,000
      • Annual tax amount: $5,519
      • Date on market: 9/9/2026

        Estimated market value

        $517,200

        $491,000 - $543,000

        $2,588/mo

        Price history

        DateEventPrice
        9/9/2026Listed for sale$525,000$566/sqft
        Source: MLS PIN #73574179 Report a problem
        8/29/2024Listing removed$2,850$3/sqft
        Source: Zillow Rentals Report a problem
        8/15/2024Listed for rent$2,850$3/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,500 +2.7%$485,000 +5.3%
        2024$5,353 +4.2%$460,700 +12.1%
        2023$5,139 $410,800
        2022$5,139 $410,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 01970

        Getting around

        90 / 100
        Very Walkable
        38 / 100
        Some Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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