Welcome to this exquisite two-bedroom one-bath condo located in the heart of Salem’s renowned Washington Square Historic District. Designed in 1803 by famed architect Samuel McIntire, this nearly 1, 800 square foot residence blends historic elegance with modern convenience. Step into this second-floor, sun-filled 5 room home with high ceilings, rare King’s wood hardwood floors and classic period details. The spacious living area overlooks the picturesque nine-acre Salem Common. An eat-in kitchen and huge pantry are a cook's dream. Two large bedrooms provide luxurious space for relaxation, while the tastefully updated bathroom and in-unit laundry add to the home’s comfort. Deeded access to the carriage barn and a large basement provide ample storage space. Nestled in a central location just steps away from Salem’s vibrant downtown, this home offers easy access to restaurants, shops, and world famous museums. Don't miss this rare opportunity to own a piece of architectural history!
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring - Hardwood | 12.0 x 17.0 | |
Dining Room | Flooring - Hardwood | 13.0 x 20.0 | Second |
Kitchen | Flooring - Stone/Ceramic Tile | 12.0 x 16.0 | Second |
Living Room | Flooring - Hardwood | 17.0 x 20.0 | Second |
Master Bedroom | Flooring - Hardwood | 17.0 x 20.0 |
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$650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 5.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.285% | 5.510% |
Monthly Tax Payment | $567 | $567 | $567 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,160 | $4,180 |
Total Monthly Payment | $3,819 | $3,819 | $4,839 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.