Last Sold Price
2 beds1,074 sqft$480/sqft
5 Rice St, Salem, MA 01970

Description

Please submit offers by Oct 10th Tues 12 noon. Why live in a condo when you can live in your own home with no HOA fees or rules?... especially one that was lovingly cared for, renovated down to the studs, & has very little maintenance! Outdoor features include a fully fenced in Beacon Hill style, patio backyard & 2 car garage, presently used as workshop and storage space, & plenty of parking for you and your friends...or to rent during the bustling Halloween season! A short stroll to downtown and...Please submit offers by Oct 10th Tues 12 noon. Why live in a condo when you can live in your own home with no HOA fees or rules?... especially one that was lovingly cared for, renovated down to the studs, & has very little maintenance! Outdoor features include a fully fenced in Beacon Hill style, patio backyard & 2 car garage, presently used as workshop and storage space, & plenty of parking for you and your friends...or to rent during the bustling Halloween season! A short stroll to downtown and yet in close proximity to the Beverly bridge for easy access at all times of the year! A mudroom with laundry welcomes you inside to enjoy the well laid out eat-in kitchen open to dining room, currently used as home office. The living room has an abundance of natural light & eco friendly bamboo floors. Most windows have been replaced as have the water heater, boiler, & back roof. These conscientious sellers have even added a Brand new 200 Amp electric service for you! Dry LL = storage & gym!
LISTING CLOSED: 11/15/2023 12:00 AM

  1. Listed by Tracey Hutchinson • Churchill Properties

Property Details for 5 Rice Street

Status
MLS #
73167190
Days on Market
8
Taxes
$3,348 / year
HOA Fees
-
Property Type
MLS Type
Single Family / Detached
Year Built
1870
Town
Salem
Area
MA-Salem
Architectural Style
Colonial
Style
Colonial
Garage Spaces
2
Open Parking Spaces
4.00
Parking Spaces Total
4

Recent comparable sales

Median sold price

$559,000

Avg days on market

23

Sale-to-list ratio

104.7%

Salem, MA

9 comparable properties found

$500,000 | 35 Irving Street, Salem, MA 01970
1/22
1

$500,000

Sold 03/19/25

2
Bedrooms
929
Square Feet
0.13
Acres
$559,000 | 65 Ord Street, Salem, MA 01970
1/26
2

$559,000

Sold 07/01/26

2
Bedrooms
1,247
Square Feet
0.06
Acres
$441,500 | 111 Mason Street, Salem, MA 01970
1/35
3

$441,500

Sold 05/08/26

2
Bedrooms
1,084
Square Feet
0.18
Acres
a front view of a house with a yard
1/6
4

$532,000

Sold 05/27/25

2
Bedrooms
880
Square Feet
0.14
Acres
a front view of a house with a yard and garage
1/33
5

$630,000

Sold 11/14/24

2
Bedrooms
1,268
Square Feet
0.18
Acres
a front view of a house with a yard
1/37
6

$650,000

Sold 06/26/25

2
Bedrooms
1,014
Square Feet
0.07
Acres
$629,000 | 17 Fowler Street, Salem, MA 01970
1/31
7

$629,000

Sold 05/30/25

2
Bedrooms
1,235
Square Feet
0.06
Acres
$560,000 | 20 Planters Street, Salem, MA 01970
1/43
8

$560,000

Sold 07/21/25

3
Bedrooms
1,172
Square Feet
0.06
Acres
$475,000 | 25 Planters Street, Salem, MA 01970
1/27
9

$475,000

Sold 03/11/25

2
Bedrooms
1,159
Square Feet
0.06
Acres

Location

Listing Courtesy of Churchill Properties, Tracey Hutchinson

Sold By RE/MAX 360, Maria Rincon

Add your commute

Building Information for 5 Rice Street

Stories-Year Built1870Building Size-Lot Size0.07 AC / 3,180 SF

Payment Calculator

$2,902 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,623

Property Taxes

$279

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5 Rice Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Current Financing: Conv. Fixed
  • Living Area: 1074.0
  • Color: Gray
  • SqFt with Basement: No
  • Property Attached: No
  • Single Family Type: Detached
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Carlton
  • High School: Salem High
  • Middle School: Collins
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile
  • Interior Features: Window AC
  • Laundry Features: Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, Exterior Access, Recessed Lighting, Remodeled, First Floor, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Patio, Screens, Fenced Yard
  • Exterior Features: Fenced Yard, Screens, Patio
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Level
  • Patio And Porch Features: Patio
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Bay, Harbor, Ocean, Walk to
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Detached, Off-Street, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Detached, Off-Street, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Improved Driveway, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Green Energy Efficient: Thermostat
  • Heating: Baseboard, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 145.833333
  • Room Primary Bedroom Features: Flooring - Wood,Closet - Double
  • Room Primary Bedroom Length: 12.5
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 11.666666
Bedroom 2
  • Bedroom2 Area: 76.555555
  • Bedroom2 Features: Closet,Flooring - Wood
  • Bedroom2 Length: 8.833333
  • Bedroom2 Level: Second
  • Bedroom2 Width: 8.666666
Bathroom 1
  • Bathroom1 Area: 54.0
  • Bathroom1 Features: Bathroom - Full,Bathroom - With Tub & Shower
  • Bathroom1 Length: 8.0
  • Bathroom1 Level: First
  • Bathroom1 Width: 6.75
Dining Room
  • Dining Room Area: 71.5
  • Dining Room Features: Flooring - Wood,Recessed Lighting,Remodeled
  • Dining Room Length: 8.25
  • Dining Room Level: Main,First
  • Dining Room Width: 8.666666
Kitchen
  • Kitchen Area: 145.944444
  • Kitchen Features: Bathroom - Full,Flooring - Stone/Ceramic Tile,Kitchen Island,Open Floorplan,Recessed Lighting,Remodeled,Gas Stove,Lighting - Overhead
  • Kitchen Length: 12.333333
  • Kitchen Level: Main
  • Kitchen Width: 11.833333
Laundry
  • Laundry Dimen: 5'8X5'1
Living Room
  • Room Living Room Area: 217.868055
  • Room Living Room Features: Closet,Flooring - Wood,Open Floorplan,Recessed Lighting,Remodeled
  • Room Living Room Length: 19.083333
  • Room Living Room Level: Main,First
  • Room Living Room Width: 11.416666
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Please TEXT when emailing offers by Tuesday 12pm. We will hold offers until then. Sellers prefer a quick closing. Basement used as home gym is unheated. Verbal agreement with neighbor to the left allowing neighbor to use a small area belonging to 5 Rice for the benefit of the neighbors parking spot.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:36 L:0195,2137320
  • Assessments: $267,600
  • Book: 32427
  • Tax Year: 2023
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 2
Other Building Characteristics
  • Foundation: Stone
  • Heat Zones: 3
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 5 Rice Street

DateEvent & SourcePriceAppreciation
Nov 15, 2023

Sold

MLS PIN #73167190

$516,000
Oct 10, 2023

Under Agreement

MLS PIN #73167190

Oct 10, 2023

Contingent

MLS PIN #73167190

DateEvent & SourcePrice
11/15/2023

Sold

MLS PIN #73167190

$516,000
10/10/2023

Under Agreement

MLS PIN #73167190

10/10/2023

Contingent

MLS PIN #73167190

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Rice Street

Taxable ValueLand$163,200Additions$314,700Total$477,900
Tax Record2025$5,419 ($452 / month)
Home Facts
Beds2Baths1Total Finished SqFt931 SqFtAbove Grade Finished SqFt931 SqFtUnfinished Basement SqFt570 SqFtStories2Lot Size3,180 SqFtStyleSingle Family ResidenceYear Built1870Year Renovated1870ZoningR2CountyESSEXAPNSALE M:36 L:0195

Schools near 5 Rice Street

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Bates
PublicPK to 5

Horace Mann Laboratory School
PublicPK to 5

Witchcraft Heights Elementary School
PublicK to 5

Carlton Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5 Rice Street, Salem, MA 01970
$516,000
2
1,074
3,180
$284,900
3
1,541
2,014
$375,000
3
1,196
1,115
$425,000
4
1,514
2,191
$620,000
3
1,316
2,613
$549,900
3
1,400
2,879

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Churchill Properties, Tracey Hutchinson

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.