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Sold for $516,000 on 11/15/23
  • $516,000

    5 Rice St, Salem, MA 01970

    2beds
    1,074sqft
    Single Family Residence
    Built in 1870
    3,180 Square Feet Lot
    $538,500 Zestimate®
    $480/sqft
    $2,896 Estimated rent

    Home value

    $538,500

    $512,000 - $565,000

    $2,896/mo

    Zestimate® history
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    What's special

    Please submit offers by Oct 10th Tues 12 noon. Why live in a condo when you can live in your own home with no HOA fees or rules?...especially one that was lovingly cared for, renovated down to the studs, & has very little maintenance! Outdoor features include a fully fenced in Beacon Hill style, patio backyard & 2 car garage, presently used as workshop and storage space, & plenty of parking for you and your friends...or to rent during the bustling Halloween season! A short stroll to downtown and yet in close proximity to the Beverly bridge for easy access at all times of the year! A mudroom with laundry welcomes you inside to enjoy the well laid out eat-in kitchen open to dining room, currently used as home office. The living room has an abundance of natural light & eco friendly bamboo floors. Most windows have been replaced as have the water heater, boiler, & back roof. These conscientious sellers have even added a Brand new 200 Amp electric service for you! Dry LL = storage & gym!

    Zillow last checked: 8 hours ago

    Listing updated: November 21, 2023 at 01:36am

    Listed by:

    Tracey Hutchinson 978-473-9720,

    Churchill Properties 978-626-1685

    Bought with:

    Maria Rincon

    RE/MAX 360

    Source: MLS PIN,MLS#: 73167190

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Flooring - Wood, Closet - Double
    • Level: Second
    • Area: 145.83
    • Dimensions: 12.5 x 11.67
    Bedroom 2
    • Features: Closet, Flooring - Wood
    • Level: Second
    • Area: 76.56
    • Dimensions: 8.83 x 8.67
    Bathroom 1
    • Features: Bathroom - Full, Bathroom - With Tub & Shower
    • Level: First
    • Area: 54
    • Dimensions: 8 x 6.75
    Dining room
    • Features: Flooring - Wood, Recessed Lighting, Remodeled
    • Level: Main,First
    • Area: 71.5
    • Dimensions: 8.25 x 8.67
    Kitchen
    • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile, Kitchen Island, Open Floorplan, Recessed Lighting, Remodeled, Gas Stove, Lighting - Overhead
    • Level: Main
    • Area: 145.94
    • Dimensions: 12.33 x 11.83
    Living room
    • Features: Closet, Flooring - Wood, Open Floorplan, Recessed Lighting, Remodeled
    • Level: Main,First
    • Area: 217.87
    • Dimensions: 19.08 x 11.42
    Heating
    • Baseboard, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, Exterior Access, Recessed Lighting, Remodeled, First Floor, Washer Hookup
    Features
    • Flooring: Wood, Tile
    • Doors: Insulated Doors
    • Windows: Insulated Windows, Screens
    • Basement: Full,Interior Entry,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,074
    • Total interior livable area: 1,074 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Detached, Off Street, Driveway, Paved
    • Garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Patio & porch: Patio
    • Exterior features: Patio, Screens, Fenced Yard
    • Fencing: Fenced/Enclosed,Fenced
    • Waterfront features: Bay, Harbor, Ocean, Walk to
    Lot
    • Size: 3,180 sqft
    • Features: Level
    Details
    • Parcel number: M:36 L:0195,2137320
    • Zoning: R2

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1870

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Salem

    Other

    Other facts
    • Listing terms: Contract

    Price history

    DateEventPrice
    11/15/2023Sold$516,000+11%$480/sqft
    Source: MLS PIN #73167190
    10/11/2023Contingent$465,000$433/sqft
    Source: MLS PIN #73167190
    10/5/2023Listed for sale$465,000+239.4%$433/sqft
    Source: MLS PIN #73167190
    4/30/2013Sold$137,000-4.1%$128/sqft
    Source: Public Record
    1/10/2013Listed for sale$142,900+14.3%$133/sqft
    Source: Little & Co., REALTORS� #71470280

    Public tax history

    YearProperty taxesTax assessment
    2025$5,419 +54.7%$477,900 +58.6%
    2024$3,502 +4.6%$301,400 +12.6%
    2023$3,348 $267,600

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Carlton
    • Middle: Collins
    • High: Salem High

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $538,500

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $538,500