CCertihomes
16 Bow St, Salem, MA 01970

$424,900

2 beds 1 baths 950 sqft Built 19204 days on marketActive

About this home

Easy one level living is what this Charming Home has to offer. Great opportunity to own this 5 room 2 bed 1 bath home conveniently located minutes from downtown Peabody and Salem. Open living with primary bedroom on main level. This home features an updated roof, siding, replacement windows. Central Air for the upcoming hot summer months is an added comfort. The kitchen and bathroom have been recently been updated. The second floor features 2nd bedroom and office space with vaulted ceilings and skylights waiting for your personal touches. The basement has good storage, a laundry area, as well as access to the outside. A large landscaped yard with fencing for your enjoyment and driveway for 3 car parking.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$4,009/mo

Real estate (PITI + HOA + PMI)
$3,730
Principal + interest$2,740
Property tax + insurance$831
PMI / 2nd mortgage$159
Utilities
$411
Heating + cooling$44
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$4,009/mo TLC
Budget$5,000/mo
Remaining after TLC$991/mo
Purchase price
$424,900
Down payment
$21,245 (5%)
Loan amount
$403,655
APR
7.2%

Quick facts

Type
Single Family Residence
Style
Cape
Year built
1920
Lot size
0.16 ac
Stories
0
Heating
Forced Air, Natural Gas
Cooling
Central Air
Water
Public
HOA
Annual tax
$4,955
MLS #
73239121
County
Essex

At a glance

Air conditioning
Fireplace
Basement
Dishwasher

Home features

Appliances
RangeDishwasherDisposalRefrigeratorWasherDryer
Interior
Vaulted Ceiling(s)Lighting - OverheadOffice
Exterior
Storage
Community
Public TransportationShoppingParkPublic School
Parking
Off StreetUnpaved
Fireplace
Master Bedroom
Kitchen
Flooring - LaminateDining AreaCountertops - UpgradedCabinets - UpgradedExterior AccessOpen FloorplanRecessed LightingStainless Steel AppliancesGas Stove
Flooring
Wood, Laminate, Wood Laminate, Flooring - Vinyl, Flooring - Wood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level

Schools

Elementary
Witchcraft
Middle
Collins
High
Salem High

Neighborhood — 01970

MetricThis ZIPCountyUSA
Population39,2106,444,931299,088,112
Population Change Since199012.00%7.00%20.00%
Population Density4,803786
Male18,2943,127,134147,432,321
Female20,9163,317,797151,655,844
Never Married11,7661,612,88563,775,926
Married13,4262,586,314123,120,365
Separated1,771247,85712,639,686
Widowed2,455363,59415,467,586
Divorced3,344436,88823,075,029
Number Of House Hold17,1122,431,591111,826,380
Average House Hold Size2.232.562.60
Medial Age36.0437.2535.46
Median House Hold Income$50,078$57,698$48,276
Average House Hold Income$61,376$75,023$63,629
P C I$28,089$29,196$24,529
M D I$42,238$48,105$41,133
A T H E$50,149$57,083$50,898
S T R5.00%5.00%
W C J83.24%81.38%77.74%
(Zip) Code
1970

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 5/16/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.