Welcome home to this beautifully RENOVATED (2021) TOP FLOOR, 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 open-concept TWO BEDROOM & TWO FULL BATHROOMS 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
For sale
$525,000
16 Phelps St #2, Salem, MA 01970
2beds
1,002sqft
Condominium
Built in 1920
-- sqft lot
$517,900 Zestimate®
$524/sqft
$240/mo HOA
What's special
In-unit laundryExposed brickHardwood floorsEfficient modern systemsPrimary en suiteWalk-in closet spaceRecessed lighting
- 47 days
- 851
- 61
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
- Features: Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Recessed Lighting
- Level: Second
Bedroom 2
- Features: Closet, Flooring - Hardwood, Recessed Lighting
- Level: Second
Primary bathroom
- Features: Yes
Bathroom 1
- Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
- Level: Second
Bathroom 2
- Features: Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
- Level: Second
Dining room
- Features: Flooring - Hardwood, Recessed Lighting
- Level: Second
Kitchen
- Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Peninsula, Lighting - Pendant
- Level: Second
Living room
- Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Recessed Lighting
- 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: 1,002
- Total interior livable area: 1,002 sqft
- Finished area above ground: 1,002
Video & virtual tour
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: $524/sqft
- Tax assessed value: $512,000
- Annual tax amount: $5,519
- Date on market: 9/9/2026
Estimated market value
$517,900
$492,000 - $544,000
$2,492/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Listed for sale | $525,000$524/sqft |
Source: MLS PIN #73574179 Report a problem | ||
| 8/29/2024 | Listing removed | $2,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2024 | Listed for rent | $2,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 01970
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