Back 2/159 Federal St
Off Market

2/159 Federal St

Salem MA 01970

2
1
1
700 sq. ft.
Condo
Last sold for $460,000
Gingle-Lerman Realty GroupGingle-Lerman Realty Group, last sold this property on 18 October 2024 after 72 days on market.

Overview

Wonderful two bedroom condo in the McIntire District on Federal St, just a short walk to downtown Salem, has all the desirable features needed in today's lifestyle. Recently renovated kitchen with breakfast bar, stainless appliances including 5 burner gas stove, BI micro, quartz countertops, white cabinetry and farmhouse faucet. Situated on the second floor in the quieter end of Federal St with quick access to Boston St, this wonderful condo with newer Heat and AC, is also pet friendly and has a rare, usable garage with an additional parking space. Low condo fee with all owner occupied units, this one is a must to see. Laundry room and locked storage room in the basement completes this wonderful opportunity to live in Salem with all its restaurants, museums and cultural heritage that makes it so desirable.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
700 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Salem over the last 12 months, the estimated median property value of 2/159 Federal St is $500k.

Median value
$500k
Estimated value range
$300k - $1.3m
Median days on market
23
Estimated value trend
-4%
decrease 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 2/159 Federal St

2024
Sold
$460,000
18 Oct 2024 by Gingle-Lerman Realty Group, of William Raveis R.E. & Home Services
2019
Sold
$350,000
30 Oct 2019 by Herrick Lutts Realty Partners

Happy sellers in Salem

95%
95% 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 4 reviews in Salem over the last 12 months.

Local market activity for 2 bedroom condos in Salem

In the last 12 months, 136 two-bedroom condos similar to 2/159 Federal St, have been sold.

This represents a 13% increase in two-bedroom condos sales when compared to the previous 12 months.

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