Back on the market due to buyer's inability to perform! Discover 8 Rice Street, a move-in-ready 3-bedroom, 2-bathroom home in Salem’s desirable Bridge Street Neck. This fully renovated 1,316 sqft residence blends New England charm withmodern updates.Enjoy a bright interior with gleaming hardwood floors, a modern kitchen featuring stainless steel appliances, and refreshed bathrooms on both levels. The threebedrooms offer cozy, versatile spaces, and a brand-new furnace ensures warmth. A fenced backyard provides a private retreat.A short walk to Salem’s downtown brings you to shops,dining, museums, and festivals. Top schools and the commuter rail to Boston are nearby. Now inviting offers—don’t miss this charming home in a sought-after neighborhood. Schedule atour today
Single-familyProperty Type
1880Year Built
2,613 sq ftLot Size
$528Est. Price/Sq.Ft.
2 spacesParking
Listed by Ryan DeCoste• RFD Property Services, LLC
Bought with Fiona Coxe McMahon• Gibson Sotheby's International Realty
OFFER ACCEPTED OPEN HOUSE CANCELLED Charming renovated single family located in Bridge Street neck area of Salem. Renovations include new floors, kitchen, bathrooms, plumbing, electrical and more. Flexible floor plan features a full bath on every level and 3 bedrooms. Full basement great for storage and a fenced back yard with a deck perfectly set up for Summer. Showing Start immediately offers will be reviewed as they come. Don't miss out on this opportunity in Salem.
MLS PIN #73061415
Dec 30, 2022
Sold
$285,000
$217/sq ft
Dec 17, 2022
Contingent
—
Nov 29, 2022
Listed
$325,000
$247/sq ft
+9
GREAT OPPORTUNITY. This home will appeal to builders and developers due to size and location as close to the Beverly Bridge yet still within easy reach of Salem Commuter Train Station. Located conveniently to both downtown Salem and Beverly providing great access to restaurants, cafes, beaches and shopping. This home is in need of complete total renovation. There are other newly renovated properties on this no-through street and surrounding neighborhood. Once renovated this home could offer 2 car off-street parking and a small easy to maintain level backyard. On the first floor there is an open space for Living/Dining/Kitchen as well as a bedroom and enclosed porch.The second floor has 2 similar sized bedrooms, bathroom and an open space which could make an ideal desk space. THIS PROPERTY WILL NOT QUALIFY FOR CONVENTIONAL FINANCING AND IS MOST SUITABLE FOR CASH BUYERS.
MLS PIN #72724389
Oct 30, 2020
Sold
$315,000
$239/sq ft
Sep 22, 2020
Contingent
—
Sep 10, 2020
Listed
$299,000
$227/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$4,117 (+2.5%)
$140,200 + $188,900
$329,100
2022
$4,016 (−1.4%)
$131,800 + $171,300
$303,100
2021
$4,075 (+7.8%)
$131,800 + $163,500
$295,300
2020
$3,780 (+0.5%)
$113,800 + $147,800
$261,600
2019
$3,763 (+3.0%)
$108,200 + $141,000
$249,200
2018
$3,653 (+9.4%)
$103,200 + $134,300
$237,500
2017
$3,339 (+3.4%)
$84,100 + $126,400
$210,500
2016
$3,228 (+3.3%)
$79,600 + $126,400
$206,000
2015
$3,124 (+2.8%)
$71,800 + $118,600
$190,400
2014
$3,040 (+2.2%)
$71,800 + $109,900
$181,700
2013
$2,976 (+0.2%)
$71,800 + $109,900
$181,700
2012
$2,971 (+6.2%)
$76,200 + $113,900
$190,100
2011
$2,798 (−1.1%)
$70,100 + $115,800
$185,900
2010
$2,830 (+2.2%)
$81,300 + $120,700
$202,000
2009
$2,769
$88,600 + $125,700
$214,300
Tax history for 8 Rice St
Year
Property tax
Land + Additions
Assessment*
2023
$4,117 (+2.5%)
$140,200 + $188,900
$329,100
2022
$4,016 (−1.4%)
$131,800 + $171,300
$303,100
2021
$4,075 (+7.8%)
$131,800 + $163,500
$295,300
2020
$3,780 (+0.5%)
$113,800 + $147,800
$261,600
2019
$3,763 (+3.0%)
$108,200 + $141,000
$249,200
2018
$3,653 (+9.4%)
$103,200 + $134,300
$237,500
2017
$3,339 (+3.4%)
$84,100 + $126,400
$210,500
2016
$3,228 (+3.3%)
$79,600 + $126,400
$206,000
2015
$3,124 (+2.8%)
$71,800 + $118,600
$190,400
2014
$3,040 (+2.2%)
$71,800 + $109,900
$181,700
2013
$2,976 (+0.2%)
$71,800 + $109,900
$181,700
2012
$2,971 (+6.2%)
$76,200 + $113,900
$190,100
2011
$2,798 (−1.1%)
$70,100 + $115,800
$185,900
2010
$2,830 (+2.2%)
$81,300 + $120,700
$202,000
2009
$2,769
$88,600 + $125,700
$214,300
*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
3
Baths
1
Stories
2
Lot width
—
Lot depth
—
Lot size
2,178 Sq. Ft.
Year renovated
—
Sq. Ft.
1,211
Year built
1880
Style
Single Family Residential
County
Essex County
APN
2137331
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
R2
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): 6
Exterior
Building Information
Building Area (Total): 1,316
Foundation Details: Stone
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Fencing: Fenced/Enclosed
Property Information
PropertySubType: Single Family Residence
Lot Information
Lot Size (Acres): 0.06
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $5,550
Tax Year: 2024
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Has Cooling
Heating: Forced Air, Natural Gas
Cooling: Wall Unit(s)
Location
Location Information
Directions: Bridge to rice
UnparsedAddress: 8 Rice Street, Salem MA 01970
Community Information
Senior CommunityYN: No
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,211
Stories: 2.0
Lot Size: 2,178 square feet
Style: Single Family Residential
Year Built: 1880
Year Renovated: —
County: Essex County
APN: 2137331
Home facts updated by county records on Jul 19, 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
Climate risks
5/10 Flood Factor
Estimated 49-59% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
6/10 Wind Factor
77% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Salem, MA • 01970
Average low and high temperatures (°F)
34
21
36
22
50
33
57
41
68
51
79
62
83
67
79
61
74
57
64
47
53
37
39
26
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
$661,000 – $800,000
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