162 Federal Street, Unit 7

Salem, MA 01970

$579,000
Price
2
Beds
2
Baths
1
1/2 Bath
1,452 Sq. Ft.
$399 / Sq. Ft.
1,452
Sq. Ft.
$399
per Sq. Ft.

Description

First showing on Friday evening 4/19. Located in the heart of Salem's coveted McIntire District and winner of the prestigious Tsongas award for historic restoration, this stately historic building boasts an impressive checklist Including an elevator and TWO parking spaces per unit. This modern sun-filled 2 bed, 2.5 bath penthouse level townhouse features fabulous views of Salem. Renovated/restored to the studs in 2018 with new plumbing, electrical, kitchen & baths, gas heat & central a/c, Freshly...First showing on Friday evening 4/19. Located in the heart of Salem's coveted McIntire District and winner of the prestigious Tsongas award for historic restoration, this stately historic building boasts an impressive checklist Including an elevator and TWO parking spaces per unit. This modern sun-filled 2 bed, 2.5 bath penthouse level townhouse features fabulous views of Salem. Renovated/restored to the studs in 2018 with new plumbing, electrical, kitchen & baths, gas heat & central a/c, Freshly refinished hardwood floors throughout, subway tiled baths, stainless appliances. open concept eat-in kitchen, dining & living area on main level. Primary bedroom with en-suite bath. Convenient in-unit laundry. Exterior features include a common patio space & entrances on both Federal & Bridge Streets for convenience to downtown or routes out of town. Pet friendly association. A very walkable .5 mile to the Commuter Rail & all of downtown Salem's amenities, easy access to area parks & schools

Property Details for 162 Federal Street, Unit 7

Town
Salem
Area
MA-Salem
Style
Townhouse
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
Unit Placement
Upper

Location

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LISTING UPDATED: 04/22/2024 03:18 PM

Property Details for 162 Federal Street, Unit 7

StatusContingent
MLS #73223876
Days on Market7
Taxes$6,500 / year
HOA Fees$340 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1900
CountyEssex County

Location

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Virtual Tour

Building Information for 162 Federal Street, Unit 7

Building/Complex162 Federal StFloor3Stories2Residences8Pet PolicyAllowedYear Built1900

Payment Calculator

$4,042 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,160

Property Taxes

$542

HOA Dues

$340

The Payment Calculator is for illustrative purposes only.

Property Information for 162 Federal Street, Unit 7

General Details
Property Details
  • Association Amenities: Elevator(s)
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • Living Area: 1452.0
  • SqFt with Basement: No
  • Total Units: 8
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Approximate,Certified Historic,Renovated Since
  • Year Converted: 2024
  • Year Built Source: Owner
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Plumbed For Ice Maker
  • Basement Features: N
  • Num of Baths: 3.0
  • Num of Full Baths: 2
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 2.50
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Hardwood
  • Interior Features: Intercom
  • Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
  • Primary Bath: Yes
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Entry Location: Upper
  • Roof Material: Shingle, Slate, Rubber
  • Structure Type: Townhouse
  • Waterfront Features: Beach Front, Ocean, River, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterview Features: Canal
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Assigned, Improved Driveway, Paved Driveway, Exclusive Parking
  • Open Parking: Yes
  • Parking Features: Off-Street, Assigned, Improved Driveway, Paved Driveway, Exclusive Parking
  • Parking Features: Off-Street, Assigned, Improved Driveway, Paved Driveway, Exclusive Parking
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 220 Volts, Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewage District: Salem
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Water: Public
Room Information
Primary Bedroom
  • Room Primary Bedroom Area: 392.0
  • Room Primary Bedroom Features: Bathroom - Full,Closet,Flooring - Hardwood,Recessed Lighting
  • Room Primary Bedroom Length: 28.0
  • Primary Bedroom Level: Second Floor
  • Room Primary Bedroom Width: 14.0
Bedroom 2
  • Bedroom2 Area: 294.0
  • Bedroom2 Features: Bathroom - Full,Closet,Flooring - Hardwood,Recessed Lighting
  • Bedroom2 Length: 21.0
  • Bedroom2 Level: Second
  • Bedroom2 Width: 14.0
Bathroom 1
  • Bathroom1 Area: 24.0
  • Bathroom1 Features: Bathroom - Half,Flooring - Stone/Ceramic Tile
  • Bathroom1 Length: 8.0
  • Bathroom1 Level: First
  • Bathroom1 Width: 3.0
Bathroom 2
  • Bathroom2 Area: 50.0
  • Bathroom2 Features: Bathroom - Full,Bathroom - Tiled With Shower Stall,Flooring - Stone/Ceramic Tile,Recessed Lighting
  • Bathroom2 Length: 10.0
  • Bathroom2 Level: Second
  • Bathroom2 Width: 5.0
Bathroom 3
  • Bathroom3 Area: 56.0
  • Bathroom3 Features: Bathroom - Full,Flooring - Stone/Ceramic Tile,Recessed Lighting
  • Bathroom3 Length: 7.0
  • Bathroom3 Level: Second
  • Bathroom3 Width: 8.0
Dining Room
  • Dining Room Area: 128.0
  • Dining Room Features: Flooring - Hardwood,Recessed Lighting
  • Dining Room Length: 8.0
  • Dining Room Level: Main,First
  • Dining Room Width: 16.0
Kitchen
  • Kitchen Area: 96.0
  • Kitchen Features: Bathroom - Half,Flooring - Hardwood,Countertops - Stone/Granite/Solid,Breakfast Bar / Nook,Cabinets - Upgraded,Recessed Lighting,Stainless Steel Appliances
  • Kitchen Length: 8.0
  • Kitchen Level: First
  • Kitchen Width: 12.0
Living Room
  • Room Living Room Area: 224.0
  • Room Living Room Features: Flooring - Hardwood,Recessed Lighting
  • Room Living Room Length: 14.0
  • Room Living Room Level: Main,First
  • Room Living Room Width: 16.0
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Seller is R E Broker. Assessment and taxes are estimates. Final GLA is TBD by engineer
Tax Information
  • Tax ID: M:26 L:0096,2132220
  • Assessments: $580,000
  • Book: 34841
  • Tax Year: 2024
  • Zoning: R2
Building / Association Information
Living Characteristics
  • Beds Total: 2
  • Total Living Levels: 2
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
  • Complex Complete: Yes
  • Management: Professional - Off Site, Developer Control, Owner Association
  • Association Security: Intercom
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 7
  • Unit Floor Level Integer: 3.0
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 162 Federal Street, Unit 7

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 162 Federal Street, Unit 7

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

Carlton Elementary School
PublicK to 5

Horace Mann Laboratory
PublicK to 5

Witchcraft Heights 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.