14 days on rocket

142 Federal St, Salem, MA, 01970

$1,335,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
4,068 SqFt
$328/SqFt
House

Location

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142 Federal St, Salem$1,335,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Off Street
Garage2 spaces
Year Built1903
HeatingCentral, Steam
CoolingWindow Unit(s)
BasementYes
MLS #73313931
Lot Size0.26 Acres
StatusActive

About 142 Federal St

Step back in time to the early days of the Republic! Architecturally & historically important house designed in 1803 by renowned housewright & woodcarver, Samuel McIntire. Outside, finely detailed architraves, banding, & carved motifs provide an air of importance and set the stage for what lies within. Inside, Mcintire’s hand is everywhere, from the carved mantels, the overdoor swags & fine floral urns, the hand carved chair rails, and the reeded detail throughout. An elegant & manageable house with 3 principal rooms per floor, plus an 1850 ell, currently housing 2 studio apts. The last time this house was on the market was 1951, so this a rare opportunity for someone interested in owning an intact, museum-worthy home built by one of the most important Federal era craftsmen. Ideally situated in the McIntire Historic District on an unusually large lot, near the PEM, restaurants & the train station. Well documented in the Library of Congress plus numerous architectural books and pubs.

Property Details

Property Features

Property Information:

  • Architectural Style: Antique
  • Year Built: 1903
  • Living Area: 4,068 SqFt

Listing Office:

  • Office Name: Gibson Sotheby's International Realty
  • Office Phone: (978) 526-0243
  • Listing Agent: Michael Selbst

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Range, Oven, Dishwasher, Disposal, Refrigerator, Freezer, Washer
  • Basement: Yes
  • Flooring Type: Wood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch - Enclosed, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Central, Steam
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Federal Street between Monroe and Flint Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,335,000
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $14,040
  • 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

$599K

Med. Price/SqFt

$393

Avg. Days On Market

32

# of Sold Homes

34

142 Federal St vs Salem

14 DAYS ON ROCKET

-18 Days

$1,335,000

+$736K More

$328/SqFt

-$66 Less

KEY TAKEAWAY

This property is $736K more than the Median Sold Price and $66/SqFt less 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: #73313931

Listing Office:

  • Office Name: Gibson Sotheby's International Realty
  • Office Phone: (978) 526-0243
  • Listing Agent: Michael Selbst

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.
Last updated on: 12/18/2024, 8:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$14,040$1,017,400
2020$13,722$949,600
2019$13,999$927,100
2018$12,890$838,100
2017$12,507$788,600

History based on county public records data.

Payment Calculator

$6,730

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,069

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NMLS#3030

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.

Nearby Schools

school-card-donut-4447891
4
/10

  • Witchcraft Heights

  • 1 Frederick St

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-4447892
5
/10

  • Bates

  • 53 Liberty Hill Ave

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-4447893
1
/10

  • Horace Mann Laboratory

  • 79 Willson St

  • 0.98 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,548. Most Salem, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 142 Federal St

What is the listing price of this property?

The listing price of 142 Federal St property is $1,335,000.

What type of property is this?

The property 142 Federal St is a house located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 142 Federal St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,040 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 142 Federal St has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 142 Federal St is 4,068 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 142 Federal St is 1903.

Rocket Homes›Massachusetts›Essex County›Salem›01970›142 Federal St

This home is located at 142 Federal St in Salem, MA and zip code 01970. This 4,068 square foot home, which was built in 1903, sits on a 0.26 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 04, 2024 and is currently priced at $1,335,000.

In November 2024 more than 18 listings in Salem, MA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 14 were sold below. In November 2024 in Salem, MA there were 12.5% less homes for sale than in October 2024. While the average time on the market in November 2024 was 32 days, the median list price was $599,000.

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

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