1 Shore Ave, Salem, MA, 01970 | $899,900

Sunny, updated cottage-style home by the sea, featuring stunning ocean views, just a short stroll from Forest River Park. The beautifully renovated kitchen offers custom cabinetry and a sun-drenched breakfast area with panoramic sea views. Each bathroom has been tastefully updated with custom tilework. In the living room, enjoy built-in shelving, a cozy fireplace, and an effortless flow into the dining room—perfect for entertaining. The main bedroom is spacious enough for a private sitting area or home office. For those who can resist the distraction of the waves, an additional heated sunroom offers a serene secondary workspace. The 3rd floor bedroom is a quiet retreat featuring a sitting room and a private balcony with sweeping harbor views. Outside, the back porch is perfect for watching harbor activity, leading to a charming yard for gardening and al fresco dining. Two-car garage and 2 additional parking spaces. Unique floor plan offers flexibility to easily create a third bedroom.

Features

  • Amenities: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Second Floor
  • Style: Colonial
  • Year Built: 1890
  • Garage: 2-car Detached
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air
  • Basement: Full, Interior Entry, Bulkhead, Unfinished
  • Approx Sq. Feet: 1,756
  • Acreage: 0.06
  • Est. Taxes: $9,151
  • Lot Desc: Corner Lot, Flood Plain
  • View: Scenic View(s)
  • Water Front: Yes
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • MLS#: 73476568
  • Days on Market: 16 days
  • Website: https://www.raveis.com
    /prop/73476568/1shoreave_salem_ma?source=qrflyer
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.
Listing by Kathleen Murphy courtesy of Gibson Sotheby's International Realty

Room Information

Type DescriptionLevel
Bedroom 2 Skylight, Flooring - Hardwood, Balcony / Deck, Balcony - ExteriorThird
Dining Room Flooring - HardwoodFirst
Kitchen Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Breakfast Bar / Nook, Deck - Exterior, Recessed Lighting, Remodeled, Stainless Steel AppliancesFirst
Living Room Closet/Cabinets - Custom Built, Flooring - HardwoodFirst
Master Bedroom Skylight, Flooring - HardwoodSecond

William Raveis Family of Services

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Kate RockettRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1500191

617.281.4872

Kate.Rockett@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Shore Ave, Salem, MA, 01970

$899,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Kate Rockett

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $719,920 $719,920 $719,920
Term 360 months 360 months 180 months
Initial Interest Rate** 4.750% 5.625% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.878% 5.732% 5.555%
Monthly Tax Payment $763 $763 $763
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,755 $4,144 $5,835
Total Monthly Payment $4,610 $4,999 $6,690

* 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.