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Presented by
Liping Wang Team |
26 Essex St, #2, Salem (Downtown), MA, 01970 | $295,000
Nestled in the heart of Salem’s historic district, 26 Essex Street offers an authentic blend of period charm and modern convenience. This inviting first-floor residence features a versatile layout highlighted by warm hardwood floors, custom built-ins, and a classic ornamental fireplace. The spacious bedroom boasts a sought-after walk-in closet, while the eat-in kitchen provides a bright, functional space for daily living. A rare downtown luxury, the shared yard offers a private outdoor retreat just as spring arrives in the city. Perfectly situated just steps from the Salem Common and the legendary House of the Seven Gables, the location is second to none. Enjoy unparalleled access to the Peabody Essex Museum, Salem Willows, vibrant waterfront dining, downtown shopping, and the Commuter Rail/Ferry to Boston. Subject to seller's active contract on new housing.
Features
- Town: Salem
- Parking: On Street
- Heating: Forced Air, Natural Gas
- Cooling: None
- Levels: 1
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, House of Worship, Marina, Private School, Public School, T-Station, University
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: In Basement, Common Area, In Building
- Complex: 1820 Essex House Condominium
- Year Built: 1820
- Common Charge: $112 Monthly
- Approx Sq. Feet: 586
- Acreage: 0.07
- Est. Taxes: $2,875
- View: City
- Pets Allowed: Yes
- Appliances: Range, Disposal, Refrigerator
- MLS#: 73498714
- Website: https://www.raveis.com
/prop/73498714/26essexst_salem_ma?source=qrflyer
Room Information
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Kitchen | Flooring - Laminate, Countertops - Stone/Granite/Solid, Exterior Access, Stainless Steel Appliances, Gas Stove, Lighting - Overhead | 9.0 x 14.0 | Main,First |
| Living Room | Flooring - Hardwood, Exterior Access, Lighting - Overhead | 14.0 x 12.0 | Main,First |
| Master Bedroom | Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood | 12.0 x 12.0 | Main,First |
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Liping Wang TeamSales Associates
203.464.8097
LipingWangTeam@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Liz EckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1195194
203.858.7106
Liz.Eckman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
26 Essex St, #2, Salem (Downtown), MA, 01970
$295,000
Liping Wang Team
Sales Associates
William Raveis Real Estate
Phone: 203.464.8097
LipingWangTeam@raveis.com
Liz Eckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.858.7106
Liz.Eckman@raveis.com
NMLS Mortgage Loan Originator ID 1195194
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $236,000 | $236,000 | $236,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $240 | $240 | $240 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,413 | $1,490 | $1,944 |
| Total Monthly Payment | $1,728 | $1,805 | $2,259 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630