Back 2/49 Federal Street
Off Market

2/49 Federal Street

Salem MA 01970

3
3
1
1519 sq. ft.
Condo
Last sold for $675,000
Willis + TierneyWillis + Tierney, last sold this property on 01 May 2026 after 45 days on market.

Overview

Completely renovated 3BR, 2.5BA townhouse-style home in a classic Victorian Mansard in the heart of downtown Salem. Beautifully restored historic character meets modern comfort throughout. Main level offers a spacious living room w original Carrera marble fireplace & mantle, shaker kitchen w tile backsplash, gas cooking, stainless steel appliances, & formal dining area. Primary suite features walk-in closet and tiled en-suite bath w double vanity. High ceilings, refinished wide pine floors, crown molding, & restored raised-panel doors add warmth & charm. Lower level includes two bedrooms, full bath, & laundry. Enjoy your own exclusive back entrance & private patio area. Major updates include a newer architectural shingle roof, plumbing, electrical, hybrid hot water heater, high-efficiency multi-zone heat & AC, appliances, fixtures, interior & exterior paint, & spray foam insulation with soundproofing throughout. All of this just steps to Washington Street & one block to the train.

Features

3 bedrooms
3 bathrooms
1 carspace
1 open car space
1519 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 2/49 Federal Street is $615k.

Median value
$615k
Estimated value range
$280k - $1.25m
Median days on market
50
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 2/49 Federal Street

2026
Sold
$675,000
01 May 2026 by Willis + Tierney, of Compass
2022
Sold
$650,000
15 Jun 2022 by Michael Becker, of Atlantic Coast Homes,Inc

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 3 bedroom condos in Salem

In the last 12 months, 47 three-bedroom condos similar to 2/49 Federal Street, have been sold.

This represents a 2% decrease in three-bedroom condos sales when compared to the previous 12 months.

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