Pending

$499,000

18 Phelps St #1, Salem, MA 01970

2beds

860sqft

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Condominium

Built in 1920

-- sqft lot

$508,700 Zestimate^®

$580/sqft

$240/mo HOA

What's special

Contemporary finishesModern updatesHistoric charmTwo off-street parking spacesThoughtfully designed layout

Tucked away on a quiet dead-end street just moments from Salem’s renowned McIntire District, this 2-bedroom, 2-bath condominium completely renovated in 2021 offers a blend of comfort, style, and convenience in a highly desirable area. Inside, you’ll find a thoughtfully designed layout with contemporary finishes, a cozy living area, and a seamless flow ideal for both everyday living and entertaining. The current owners have painted the kitchen cabinetry and select accent walls, adding a personalized touch to the space. The unit includes two off-street parking spaces and access to an expansive shared yard, rare this close to downtown. With a Walk Score of 85, enjoy effortless access to Salem’s vibrant downtown, including shops, restaurants, parks, and the commuter rail. A unique opportunity to own a turn-key home that combines modern updates, historic charm, and an unbeatable location.

61 days

25

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bathroom

Features: Yes

Heating

Baseboard, Natural Gas

Cooling

Central Air

Appliances

Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Laundry: In Unit, Electric Dryer Hookup, Washer Hookup

Features

Flooring: Tile, Marble, Hardwood
Doors: Insulated Doors
Windows: Insulated Windows
Has basement: Yes
Has fireplace: No
Common walls with other units/homes: No One Below

Interior area

Total structure area: 860
Total interior livable area: 860 sqft
Finished area above ground: 860

Property

Parking

Total spaces: 2
Parking features: Tandem, Deeded, Driveway
Uncovered spaces: 2

Features

Entry location: Unit Placement(Front)
Patio & porch: Porch
Exterior features: Porch, Fenced Yard
Fencing: Fenced
Waterfront features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)

Lot

Size: 8,712 Square Feet

Details

Parcel number: M:25 L:0335 S:803,5195623
Zoning: R2

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Frame
Roof: Shingle,Rubber

Condition

Year built: 1920
Major remodel year: 2021

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

HOA

Services included: Water, Sewer, Insurance
HOA fee: $240 monthly

Location

Region: Salem

Financial & listing details

Price per square foot: $580/sqft
Tax assessed value: $464,600
Annual tax amount: $5,269
Date on market: 5/7/2026

Estimated market value

$508,700

$478,000 - $539,000

$2,558/mo

Price history

Date	Event	Price
6/2/2026	Pending sale	$499,000$580/sqft
Source: MLS PIN #73513364 Report a problem
5/21/2026	Contingent	$499,000$580/sqft
Source: MLS PIN #73513364 Report a problem
5/6/2026	Listed for sale	$499,000+21.7%$580/sqft
Source: MLS PIN #73513364 Report a problem
7/15/2021	Sold	$410,000$477/sqft
Source: MLS PIN #72839180 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,269 +2.8%	$464,600 +5.3%
2024	$5,126 +4.8%	$441,100 +12.8%
2023	$4,893	$391,100
2022	$4,893	$391,100

Find assessor info on the county website

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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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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