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Sold for $430,000
  • $430,000

    7 Phelps St #1, Salem, MA 01970

    2beds
    966sqft
    Condominium
    Built in 1920
    -- sqft lot
    $471,200 Zestimate®
    $445/sqft
    $2,705 Estimated rent

    Home value

    $471,200

    $448,000 - $499,000

    $2,705/mo

    Zestimate® history
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    What's special

    This lovely garden-style residence is located in one of Salem's finer neighborhoods, on a quiet dead-end side street, abutting the McIntire historic district. You'll enjoy the serenity of the suburbs while living only minutes from the museums, shops, restaurants and pubs in vibrant downtown Salem. This first-floor condo features a large open-concept living room and dining room with high ceilings, center bay window, built-in China cabinet, glass panel doors and beautiful hardwood floors. The large eat-in kitchen features a classic walk-in pantry, stainless appliances and stone countertops. The kitchen provides easy access to a covered porch, overlooking beautiful perennial gardens and grassy outdoor space. The unit includes a deeded garage space, and a second parking spot just outside of the garage. Single-level living on a wonderful tree-lined street, in a great neighborhood!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark M. Wade 781-864-9812,

    Coldwell Banker Realty - Marblehead 781-631-9511

    Bought with:

    Jeffrey Terlik

    Keller Williams Realty Evolution

    Source: MLS PIN,MLS#: 73279924

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Closet, Flooring - Hardwood, Lighting - Pendant
    • Level: First
    Bedroom 2
    • Features: Closet, Flooring - Hardwood, Lighting - Pendant
    • Level: First
    Dining room
    • Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, French Doors, Open Floorplan, Lighting - Pendant, Decorative Molding
    • Level: Main,First
    Kitchen
    • Features: Closet, Closet/Cabinets - Custom Built, Flooring - Vinyl, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Chair Rail, Deck - Exterior, Exterior Access, Stainless Steel Appliances, Storage, Lighting - Pendant, Crown Molding, Decorative Molding
    • Level: Main,First
    Living room
    • Features: Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Cable Hookup, Open Floorplan
    • Level: Main,First
    Heating
    • Baseboard
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
    • Laundry: Electric Dryer Hookup, Washer Hookup, In Basement, In Building
    Features
    • Storage, Foyer, Internet Available - Broadband
    • Flooring: Vinyl, Hardwood, Flooring - Hardwood
    • Has basement: Yes
    • Has fireplace: No
    Interior area
    • Total structure area: 966
    • Total interior livable area: 966 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Deeded, Paved
    • Garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Entry location: Unit Placement(Walkout,Garden)
    • Patio & porch: Covered
    • Exterior features: Covered Patio/Deck, Garden, Rain Gutters
    • Waterfront features: 1/2 to 1 Mile To Beach
    Details
    • Parcel number: 4465892
    • Zoning: R2

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Frame
    • Roof: Shingle
    Condition
    • Year built: 1920

    Utilities & green energy

    • Electric: 110 Volts, 220 Volts, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Park, Golf, Medical Facility, Bike Path, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    HOA
    • HOA fee: $150 monthly
    • Services included: Water, Sewer, Insurance, Reserve Funds

    Price history

    DateEventPrice
    10/10/2024Sold$430,000+0%$445/sqft
    Source: MLS PIN #73279924 Report a problem
    9/7/2024Contingent$429,900$445/sqft
    Source: MLS PIN #73279924 Report a problem
    8/20/2024Listed for sale$429,900+88.6%$445/sqft
    Source: MLS PIN #73279924 Report a problem
    8/29/2014Sold$228,000+1.4%$236/sqft
    Source: Public Record Report a problem
    6/13/2014Pending sale$224,900$233/sqft
    Source: Harborside Sotheby's International Realty #71646619 Report a problem
    3/19/2014Listed for sale$224,900$233/sqft
    Source: Harborside Realty #71646619 Report a problem
    10/17/2013Listing removed$224,900$233/sqft
    Source: Harborside Realty #71556256 Report a problem
    7/17/2013Listed for sale$224,900-8.2%$233/sqft
    Source: Harborside Realty #71556256 Report a problem
    6/26/2006Sold$245,000+12.6%$254/sqft
    Source: Public Record Report a problem
    6/4/2004Sold$217,500$225/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,832 +2.4%$426,100 +4.9%
    2024$4,720 +1.5%$406,200 +9.3%
    2023$4,649 $371,600
    2022$4,649 +5.3%$371,600 +16.1%
    2021$4,416 +1.4%$320,000 +6.2%
    2020$4,355 +3.3%$301,400 +7.9%
    2019$4,217 +7.8%$279,300 +9.8%
    2018$3,911 +2%$254,300 +5.2%
    2017$3,833 +5.7%$241,700 +4.4%
    2016$3,628 -0.1%$231,500 +4.6%
    2015$3,633 +2.8%$221,400 +4.8%
    2014$3,533 +13.9%$211,200 +6.5%
    2012$3,101 +1%$198,400 -2.7%
    2011$3,070 +3.6%$204,000 -3.5%
    2010$2,963 +3%$211,500 -5%
    2009$2,876 +5.5%$222,600 -4.7%
    2008$2,727 +16.2%$233,700 +7.3%
    2007$2,347 $217,900

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $471,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $471,200