Back 1301/16 Franklin Street
Off Market

1301/16 Franklin Street

Salem MA 01970

3
2
1
1590 sq. ft.
Condo
Last sold for $1,250,000
Merry Fox TeamMerry Fox Team, last sold this property on 01 June 2026 after 18 days on market.

Overview

Enjoy elevated waterfront living at RIVERWALK, a luxury boutique condominium community offering sophisticated single-level residences just minutes from downtown Salem’s celebrated restaurants, shops, museums, and commuter rail to Boston. Designed for effortless living, residents enjoy heated indoor garage parking, elevator access, fitness center, Clubroom Lounge, and a beautifully designed riverside patio with outdoor kitchen. This newly built 3-bedroom, 2-bath home features an airy open floor plan with soaring ceilings, oversized windows, and tranquil water views. The designer kitchen showcases Bosch stainless appliances, quartz countertops and backsplash, and custom cabinetry, opening seamlessly to expansive living and dining spaces with European oak flooring throughout. The serene primary suite includes a spa-like bath with heated floors, double vanity, glass shower, smart bidet, and walk-in closet. Relax and unwind on your private balcony overlooking the water.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1590 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Salem over the last 12 months, the estimated median property value of 1301/16 Franklin Street is $615k.

Median value
$615k
Estimated value range
$280k - $1.25m
Median days on market
47
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1301/16 Franklin Street

2026
Sold
$1,250,000
01 Jun 2026 by Merry Fox Team, of MerryFox Realty

Happy sellers in Salem

94%
94% of sellers in Salem reported that their sale price either exceeded or met their price expectations.

Salem stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Salem over the last 12 months.

Local market activity for 3 bedroom condos in Salem

In the last 12 months, 51 three-bedroom condos similar to 1301/16 Franklin Street, have been sold.

This represents a 11% decrease in three-bedroom condos sales when compared to the previous 12 months.

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