18 Balcomb St, #B, Salem, MA, 01970 | $850,000

Distinguished 1875 Victorian thoughtfully reimagined into a stunning townhouse-style residence in historic Salem. Spanning over 2, 155 SF, this 4-bedroom, 3 full bathroom home has been meticulously renovated from top to bottom with an emphasis on craftsmanship, quality, and timeless design. Every major system has been upgraded, including a new roof, new electrical, new plumbing, new HVAC with gas heat, central A/C, fresh interior and exterior paint, and beautifully redesigned open-concept living spaces. Soaring ceilings, rich hardwood flooring, and abundant natural light create an elevated sense of scale and warmth throughout, while original details were carefully preserved and restored to honor the property’s historic character. Brand-new kitchen and baths offer elevated finishes and modern functionality. Private yard and driveway, the property offers a rare combination of low-maintenance living with the feel of a standalone home. Ideal North Salem location 1 mile to downtown and MBTA.

Features

  • Parking: 2-car, Off Street, Paved
  • Heating: Central, Natural Gas
  • Cooling: Central Air
  • Levels: 3
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station, University
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: First Floor, In Unit
  • Year Built: 1875
  • Approx Sq. Feet: 2,155
  • Est. Taxes: $0
  • MLS#: 73517251
  • Website: https://www.raveis.com
    /prop/73517251/18balcombst_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 Jackelyn Enslow courtesy of Cameron Real Estate Group   Phone: 781-486-3180

Room Information

Type DescriptionLevel
Bedroom 2 Flooring - HardwoodSecond
Bedroom 3 Flooring - HardwoodSecond
Bedroom 4 Flooring - HardwoodSecond
Dining Room Flooring - HardwoodFirst
Kitchen Flooring - Hardwood, Kitchen Island, Recessed LightingFirst
Living Room Flooring - HardwoodFirst
Master Bedroom Flooring - Hardwood, Recessed LightingThird

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@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
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To learn more about our credentials, visit raveis.com today.

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
  • 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

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
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

18 Balcomb St, #B, Salem, MA, 01970

$850,000

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 $680,000 $680,000 $680,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.361% 6.183%
Monthly Tax Payment $0 $0 $0
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,861 $4,187 $5,738
Total Monthly Payment $3,953 $4,279 $5,830

* 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.