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Backup Offers

16 Bow St, Salem, MA, 01970

$424,900

Home List Price

$5,046*

Closing Credit

2 Bedrooms
1 Full Bath
950 SqFt
$447/SqFt
House
Schools Nearby

Location

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16 Bow St, Salem$424,900

Buyer Closing Credits

$5,046*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, Unpaved
Year Built1920
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
WaterfrontBeach, Harbor, Ocean Front
FireplaceMaster Bedroom
MLS #73239121
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Contingent)

About 16 Bow St

Easy one level living is what this Charming Home has to offer. Great opportunity to own this 5 room 2 bed 1 bath home conveniently located minutes from downtown Peabody and Salem. Open living with primary bedroom on main level. This home features an updated roof, siding, replacement windows. Central Air for the upcoming hot summer months is an added comfort. The kitchen and bathroom have been recently been updated. The second floor features 2nd bedroom and office space with vaulted ceilings and skylights waiting for your personal touches. The basement has good storage, a laundry area, as well as access to the outside. A large landscaped yard with fencing for your enjoyment and driveway for 3 car parking.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape
  • Year Built: 1920
  • Living Area: 950 SqFt

Listing Office:

  • Office Name: Churchill Properties
  • Listing Agent: Donna Lambert

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wood, Laminate, Wood Laminate, Flooring - Vinyl, Flooring - Wood
  • Interior: Vaulted Ceiling(s), Lighting - Overhead, Office
  • Fireplace: Master Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Harbor, Ocean Front
  • Exterior: Storage

Parking Information:

  • Parking: Off Street, Unpaved

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Collins Middle School, Public District Grades 6-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Saltonstall School, Public District Grades KG-8
  • Witchcraft Heights, Public District Grades KG-5
  • Bates, Public District Grades KG-5
  • Carlton, Public District Grades KG-5

Other

Directions Information:

  • Directions: Boston, Aborn to Bow

Price Information

Listing Price Info

Price Summary:

  • List Price: $424,900
  • Price Per SqFt: $447/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $4,518
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$560K

Med. Price/SqFt

$382

Avg. Days On Market

23

# of Sold Homes

39

16 Bow St vs Salem

17 DAYS ON ROCKET

-6 Days

$424,900

-$135.1K Less

$447/SqFt

+$65 More

KEY TAKEAWAY

This property is $135.1K less than the Median Sold Price and $65/SqFt more than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73239121

Listing Office:

  • Office Name: Churchill Properties
  • Listing Agent: Donna Lambert

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/2/2024, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 13, 2006Home Sold
$253,000
Mar 26, 2002Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,518$327,400
2020$4,546$314,600
2019$4,494$297,600
2018$4,308$280,100
2017$3,973$250,500

History based on county public records data.

Payment Calculator

$2,188

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,340

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7633398
1
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-7633399
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-7633400
3
/10

  • Carlton

  • 10 Skerry St

  • 1.60 miles

  • Public District Grades KG-5

Middle School

school-card-donut-7633401
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.82 miles

  • Public District Grades 6-8

school-card-donut-7633402
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 1.07 miles

  • Public District Grades KG-8

school-card-donut-7633403
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 1.46 miles

  • Public District Grades KG-8

High School

school-card-donut-7633404
3
/10

  • Salem High School

  • 77 Willson St

  • 1.11 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,000. Most Salem, MA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16 Bow St

What is the listing price of this property?

The listing price of 16 Bow St property is $424,900.

What type of property is this?

The property 16 Bow St is a house located in Salem, Massachusetts, 01970.

Is this property for sale now?

Accepting Backup Offers: 16 Bow St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 16 Bow St are:
Witchcraft Heights: GreatSchools Rating 1/10
Bates: GreatSchools Rating 3/10
Carlton: GreatSchools Rating 3/10
Collins Middle School: GreatSchools Rating 3/10
Nathaniel Bowditch: GreatSchools Rating 2/10
Saltonstall School: GreatSchools Rating 4/10
Salem High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,518 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 13, 2006 for $253,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16 Bow St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 16 Bow St is 950 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16 Bow St is 1920.

Rocket Homes›Massachusetts›Essex County›Salem›01970›16 Bow St

This home is located at 16 Bow St in Salem, MA and zip code 01970. This 950 square foot home, which was built in 1920, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 16, 2024 and is currently priced at $424,900.

In May 2024, from all listings sold in Salem, MA there were more than 21 sold above asking price, over 13 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Salem, MA between April 2024 and May 2024 increased by 32.7%. While the average time on the market in May 2024 was 23 days, the median list price was $560,000.

From Rocket Homes Real Estate and based on county public records data.

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