16 Leavitt Street # 3, Salem MA 01970

Salem, MA 01970 • South Salem
$425,000
$379,000
Est. $2,858/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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3
Beds
1
Baths
972
Sq Ft
$390
Price/Sq Ft
1930
Year Built
121
Days on Market
For Sale Price Drop -$46,000 Listed May 28, 2026 • MLS# 73526015 Copied! • Updated Sep 24, 2026

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About this home

This beautiful, warm, updated condo in historic Salem is ready to move in! Located on the third floor, this unit offers 3 bedrooms, 1 full bath, living space filled with natural light, charm and character. High ceilings, stunning hardwood floors, custom cabinets, bean board - wainscoting woodwork throughout the condo, creating inviting atmosphere. Open-concept flow into updated kitchen with quartz countertop, butcher block island, pantry with custom built ins and dining room combination that seamlessly flow into living room. Just beyond the living area is a versatile third bedroom that could also be used as a family room, offering flexible living space to fit your needs. Additional highlights includes in unit laundry, condo fee INCLUDES HEAT and HOT WATER and private balcony deck. Conveniently located near Salem State University, downtown Salem, Pickering Wharf, Salem Station and Salem Willow, this condo offers both comfort and convenience. GREAT OPPORTUNITY FOR AN INVESTOR OR EMPLOYEES WHO WORKS AT SALEM STATE UNIVERSITY!

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Property History

Market Insights

2
Price Changes
10.8%
Price Range

Property Timeline

↓
Price Reduced
Sep 17, 2026
$379,000 $20,900 (-5.23%)
From $399,900 to $379,000 (-5.2%)
↓
Price Reduced
Jun 25, 2026
$399,900 $25,100 (-5.91%)
From $425,000 to $399,900 (-5.9%)
🏠
Listed for Sale
May 28, 2026
$425,000
Original listing
Agent: Jill Michaud Office: Gibson Sotheby's International Realty

Tax History

Year Taxes Assessment
2025 $3,548 $312,900

Financial Details

Annual Property Tax
$3,548
Tax Year 2025
HOA Fee
$446
Monthly
Assessed Value
$312,900

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 972 sq ft
Stories 3
Bedrooms 3
Full Baths 1
Total Rooms 5

Interior

Heating Hot Water, Oil
Cooling Window Unit(s)
Flooring Plywood, Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features None

Exterior

Construction Brick, Block
Architecture None
Roof Shingle
Features Deck, Deck - Wood
Pool None
Spa None
Fencing None
Patio/Porch Deck, Deck - Wood
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,548
Assessed Value $312,900

HOA & Community

HOA Fee $446 Monthly
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure
Amenities Hot Water
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures All Dimensions Of Rooms And Living Area Total Are Approximate, Buyers/buyer Agents Do Own Due Diligences On All Information. Cats Are Allowed In Units.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 119 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
3
Full Bathrooms
1
Living Area
972 sq ft
Total Rooms
5
Stories
3
Entry Level
3

Floor Layout

Interior Features

Flooring: Plywood, Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1930
Structure Type: Garden
Exterior Materials: Brick, Block
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Hot Water, Oil
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Deck - Wood
Patio & Porch: Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $296
Homeowners Insurance $200
HOA Fee $446/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

South Salem

16 Leavitt Street # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Jill Michaud
Listing Office Gibson Sotheby's International Realty
Office Phone 978-526-0243
Agent MLS ID CN224915
Office MLS ID AN6133
Listing Data Updated Sep 24, 2026 2:19 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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