16 Phelps St # 2, Salem MA 01970

Salem, MA 01970
$525,000
Est. $3,555/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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2
Beds
2
Baths
927
Sq Ft
$566
Price/Sq Ft
0.20
Acres
1920
Year Built
2
Parking
14 hours 42 minutes
Time on Market
For Sale Open House Listed Sep 9, 2026 • MLS# 73574179 Copied! • Updated Sep 9, 2026

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Open House Schedule

12
Sep
Saturday, September 12
11:30 AM - 1:30 PM EDT
13
Sep
Sunday, September 13
11:30 AM - 1:00 PM EDT

About this home

Welcome home to this beautifully renovated (2021) 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 2-bedroom, 2-bath residence 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

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 9, 2026
$525,000
Original listing
Agent: Zoe Karademos Office: Coldwell Banker Realty - Marblehead

Tax History

Year Taxes Assessment
2026 $5,519 $512,000

Financial Details

Annual Property Tax
$5,519
Tax Year 2026
HOA Fee
$240
Monthly
Assessed Value
$512,000

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1920
Living Area 927 sq ft
Lot Size 0.20 acres
Stories 1
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/dryer
Fireplace None
Basement Y
Laundry Second Floor
Features None

Exterior

Construction Frame
Architecture None
Roof Rubber
Features Patio, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Patio
Features Off Street, Tandem
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $5,519
Assessed Value $512,000

HOA & Community

HOA Fee $240 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Pets Yes
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 2
Sq Ft Source Public Record
Sq Ft Disclosures Feels much larger!
Documents None
County Essex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
927 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Second Floor
Security:

Construction & Materials

Year Built: 1920
Effective Year (Renovated): 2021
Structure Type: Garden
Exterior Materials: Frame
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Patio, Fenced Yard
Patio & Porch: Patio
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street, Tandem

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

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

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $460
Homeowners Insurance $200
HOA Fee $240/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

16 Phelps St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Zoe Karademos
Listing Office Coldwell Banker Realty - Marblehead
Office Phone 781-631-9511
Agent MLS ID C8000311
Office MLS ID AN6221
Listing Data Updated Sep 9, 2026 3:17 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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