OFF MARKET

Off Market Jun 2019 for $330K

$394,506

Est. refi paymentEst. refi $944/mo

•

1,845

sq ft

11-1/2 Rice, Salem, MA 01970

About this home

***SHORT SALE*** ALL TERMS SUBJECT TO 3RD PARTY LENDER APPROVAL. PROPERTY SOLD AS IS. Here is your opportunity to build some sweat equity. Property is in need of substantial work and cosmetics. Rehab loan or Cash offers needed. Property only has 1 heating system. 2 Off street parking spaces. Located on a dead end street close to the marina. Buyer responsible for final water and obtaining smoke certificate. Send your offers today!

Multi-familyProperty Type

1890Year Built

2,178 sq ftLot Size

$214Est. Price/Sq.Ft.

2 spacesParking

Listed by Radhy Pena • Pondside Realty

Bought with Michael Shea • MerryFox Realty

Redfin checked: 2 minutes ago

•Source:MLS PIN #72433487

Redfin Estimate

$394,506

$65K since sold in June 2019$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 55.4% lower than the average sale price ($885K) of 6 comparable homes.

SOLD JUL 10, 2026
$869,000
A
4 beds2.5 baths1,845 sq ft
7 1/2 Pleasant St, Salem, MA 01970
SOLD AUG 14, 2026
$955,000
B
4 beds2 baths2,319 sq ft
12 Northey St, Salem, MA 01970
SOLD MAY 14, 2026
$757,000
C
3 beds2 baths1,818 sq ft
17 Orchard St, Salem, MA 01970
SOLD MAY 22, 2026
$755,000
D
4 beds2 baths2,148 sq ft
42 1/2 Cabot St, Beverly, MA 01915
SOLD JUL 31, 2026
$600,000
E
3 beds1.5 baths1,320 sq ft
17 Osgood St, Salem, MA 01970
SOLD JUL 31, 2026
$1,375,000
F
4 beds2.5 baths3,417 sq ft
20 Winter St, Salem, MA 01970

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Earn from this home

Sell

$147,954

Est. take-home

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Refinance

Est. cash available

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Market trends in 01970, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.4%

+0.1% MoM

Median sale price

$620K

$10K MoM

Avg. days on market

21d

0 days MoM

Recently sold homes

145

19 MoM

New listings for sale

OPEN SUN, 12PM TO 1:30PM
$695,000
2 beds2 baths1,092 sq ft
65 Washington St #405, Salem, MA 01970
OPEN SUN, 1PM TO 2PM
$565,000
2 beds2.5 baths1,955 sq ft
22 Celestial Way Unit 19B, Salem, MA 01970
LISTED BY REDFIN 33 HRS AGO
$699,000
3 beds2.5 baths1,838 sq ft
5-7 Bradford St #5, Salem, MA 01970
$299,000
1 bed1 bath735 sq ft
163 North St #1, Salem, MA 01970
OPEN SUN, 1PM TO 2:30PM
$549,900
3 beds2 baths1,556 sq ft
1 Randall St, Salem, MA 01970
OPEN SUN, 11AM TO 12PM
$557,000
2 beds1 bath1,318 sq ft
6 Union St #3, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$749,900
3 beds3 baths2,450 sq ft
11 Mooney Rd, Salem, MA 01970
$575,000
2 beds2 baths1,644 sq ft
42 School St #2, Salem, MA 01970
OPEN SUN, 12PM TO 1:30PM
$850,000
7 beds2 baths2,918 sq ft
21 Jackson St, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$549,900
2 beds2 baths1,153 sq ft
40 Essex St #1, Salem, MA 01970
See all

Provided by Redfin

Sale history for 11-1/2 Rice

Year

Property tax

Land + Additions

Assessment*

2021

$2,956 (−35.2%)

$130,700 + $83,500

$214,200

2020

$4,560 (+1.0%)

$112,900 + $202,700

$315,600

2019

$4,513 (+7.9%)

$107,300 + $191,600

$298,900

2018

$4,183 (+9.0%)

$102,300 + $169,700

$272,000

2017

$3,838 (+3.1%)

$83,400 + $158,600

$242,000

2016

$3,723 (+3.8%)

$79,000 + $158,600

$237,600

2015

$3,587 (+11.4%)

$71,200 + $147,400

$218,600

2014

$3,219 (+4.5%)

$71,200 + $121,200

$192,400

2013

$3,079 (−1.1%)

$71,200 + $116,800

$188,000

2012

$3,112 (−1.4%)

$75,600 + $123,500

$199,100

2011

$3,156 (−3.4%)

$69,500 + $140,200

$209,700

2010

$3,266 (−5.1%)

$80,600 + $152,500

$233,100

2009

$3,441

$87,800 + $178,500

$266,300

Tax history for 11-1/2 Rice

Year

Property tax

Land + Additions

Assessment*

2021

$2,956 (−35.2%)

$130,700 + $83,500

$214,200

2020

$4,560 (+1.0%)

$112,900 + $202,700

$315,600

2019

$4,513 (+7.9%)

$107,300 + $191,600

$298,900

2018

$4,183 (+9.0%)

$102,300 + $169,700

$272,000

2017

$3,838 (+3.1%)

$83,400 + $158,600

$242,000

2016

$3,723 (+3.8%)

$79,000 + $158,600

$237,600

2015

$3,587 (+11.4%)

$71,200 + $147,400

$218,600

2014

$3,219 (+4.5%)

$71,200 + $121,200

$192,400

2013

$3,079 (−1.1%)

$71,200 + $116,800

$188,000

2012

$3,112 (−1.4%)

$75,600 + $123,500

$199,100

2011

$3,156 (−3.4%)

$69,500 + $140,200

$209,700

2010

$3,266 (−5.1%)

$80,600 + $152,500

$233,100

2009

$3,441

$87,800 + $178,500

$266,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

2,178 Sq. Ft.

Year renovated

—

Sq. Ft.

1,845

Year built

1890

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2137322

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 28, 2023.

Residential Two-Family District

For the purposes of promoting the more efficient use of land in harmony with its natural features and with the general intent of the Zoning Ordinance and to protect and promote the health, safety, convenience and general welfare of the inhabitants of the City, an owner or owners of a tract of land situated within the R1 One-Family Residential Districts, RC Residential Conservation Districts, R2 Two-Family Residential Districts and R3 Multifamily Residential Districts or a duly authorized agency thereof may, in connection with the submission of a subdivision plan for Planning Board approval under the Subdivision Control Law or, if no such approval is required, after consultation with the Planning Board, make application to the Planning Board for a special permit excepting his plan from the lot area and frontage requirement

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Public service
Museum / gallery
Golf related

Property details

Parking

Parking Information
Has Open Parking
Parking Spaces: 2
Parking Features: Paved Drive, Off Street

Interior

Bathroom Information
# of Bathrooms (Full): 2

Basement Information
Basement: Full

Interior Features
# of Rooms (Total): 10
Flooring: Wood, Tile

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 1
# of Floors: 2
Lease: N

Exterior

Building Information
Building Area (Total): 1,845
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 2
Year Built Source: Public Records
Year Built Details: Approximate

Exterior Features
Roof: Shingle
Patio And Porch Features: Enclosed

Property Information
PropertySubType: Multi Family

Lot Information
Lot Size (Acres): 0.05
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $4,183.36
Tax Year: 2018

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: 110 Volts

Location

Location Information
Directions: Google Maps
UnparsedAddress: 11-1/2 Rice, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Laundromat, Marina

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,845
Stories: 2.0
Lot Size: 2,178 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: —
County: Essex County
APN: 2137322

Home facts updated by county records on Aug 27, 2023

Other

Listing Information
StandardStatus: Closed

Around this home

Schools

Carlton Elementary School

Public K-5 • Assigned • 0.1mi

5/10

Saltonstall School

Public K-8 • Assigned • 1.4mi

5/10

Salem Prep High School

Public 9-12 • Assigned • 0.8mi

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Historical weather

Salem, MA • 01970

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$375,000 – $454,000

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New listings for sale in 01970

OPEN SUN, 12PM TO 1:30PM

$695,000

2 beds2 baths1,092 sq ft

65 Washington St #405, Salem, MA 01970

OPEN SUN, 1PM TO 2PM

$565,000

2 beds2.5 baths1,955 sq ft

22 Celestial Way Unit 19B, Salem, MA 01970

LISTED BY REDFIN 33 HRS AGO3D WALKTHROUGH

$699,000

3 beds2.5 baths1,838 sq ft

5-7 Bradford St #5, Salem, MA 01970

$299,000

1 bed1 bath735 sq ft

163 North St #1, Salem, MA 01970

OPEN SUN, 1PM TO 2:30PM

$549,900

3 beds2 baths1,556 sq ft

1 Randall St, Salem, MA 01970

OPEN SUN, 11AM TO 12PM

$557,000

2 beds1 bath1,318 sq ft

6 Union St #3, Salem, MA 01970

OPEN SUN, 11:30AM TO 1PM

$749,900

3 beds3 baths2,450 sq ft

11 Mooney Rd, Salem, MA 01970

$575,000

2 beds2 baths1,644 sq ft

42 School St #2, Salem, MA 01970

OPEN SUN, 12PM TO 1:30PM

$850,000

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Home values near 11-1/2 Rice

Data from public records.

Address	Redfin Estimate
19 Rice St, Salem, MA 3 Beds \| 1 Baths \| 1815 Sq. Ft.	$593,234
9 Rice St, Salem, MA 4 Beds \| 2 Baths \| 1514 Sq. Ft.	$645,119

Address	Redfin Estimate
3 Rice St, Salem, MA 3 Beds \| 1.5 Baths \| 1541 Sq. Ft.	$618,086
13 Rice St, Salem, MA 2 Beds \| 1 Baths \| 882 Sq. Ft.	$447,776

Address	Redfin Estimate
5 Rice St, Salem, MA 2 Beds \| 1 Baths \| 1074 Sq. Ft.	$547,025
16 Rice St, Salem, MA 2 Beds \| 2 Baths \| 1126 Sq. Ft.	$531,048

Property information provided by MLS PIN when last listed in 2018. This data may not match . Learn more.

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