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Sold for $495,000
  • $495,000

    18 Phelps St #1, Salem, MA 01970

    2beds
    860sqft
    Condominium
    Built in 1920
    -- sqft lot
    $495,000 Zestimate®
    $576/sqft
    $2,588 Estimated rent

    Home value

    $495,000

    $460,000 - $535,000

    $2,588/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Legacy Group 617-888-1217,

    Serhant 617-250-0559,

    Whitney Torgerson 508-505-5490

    Bought with:

    Sabrina Carr Group

    William Raveis R.E. & Home Services

    Source: MLS PIN,MLS#: 73513364

    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: $576/sqft
    • Tax assessed value: $464,600
    • Annual tax amount: $5,269
    • Date on market: 7/1/2026

    Price history

    DateEventPrice
    7/28/2026Sold$495,000-0.8%$576/sqft
    Source: MLS PIN #73513364 Report a problem
    6/2/2026Pending sale$499,000$580/sqft
    Source: MLS PIN #73513364 Report a problem
    5/21/2026Contingent$499,000$580/sqft
    Source: MLS PIN #73513364 Report a problem
    5/6/2026Listed for sale$499,000+21.7%$580/sqft
    Source: MLS PIN #73513364 Report a problem
    7/15/2021Sold$410,000$477/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax 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

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $495,000
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    Estimated market value
    $495,000