
16 Cloutman St #3 Salem — Photo 1 of 32
Recent Drop: $46,000
$499,000
16 Cloutman St #3, Salem, MA 01970
Salem, MA 01970 — South Salem
Beds
3
Baths
2
SqFt
1,359
Style
Condominium
Built
1915
NEW PRICE — NOW $499,000! An exceptional opportunity for a beautifully renovated 3-bedroom, 2-full-bath top-floor residence in Salem. Thoughtfully renovated from the studs out, this spacious 1,359-square-foot condo offers bright, open living with high ceilings, oversized windows, a crisp white kitchen with quartz countertops, stainless appliances, generous cabinetry and a breakfast bar. The primary bedroom includes a private bath, while two additional bedrooms provide flexibility for guests, family or a home office. Enjoy the privacy of top-floor living with no neighbors above, in-unit laundry, two deeded off-street parking spaces, low condo fees and a pet-friendly association. Select furnishings may remain with the property at no additional cost, making this an especially easy move-in opportunity. Convenient to downtown Salem, commuter rail, Salem State, restaurants, shops and the waterfront. 3 bedrooms, 2 baths, 2-car parking and a fully renovated interior — now under $500,000. Join me on Saturday 9/12, 10:30-11:30 and Sunday 9/13, 11:30-12:30.
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Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Salem, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl ThirdFlooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Dining Room
Lvl ThirdFlooring - Hardwood, Open Floorplan, Lighting - Pendant
Kitchen
Lvl ThirdFlooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Cable Hookup, Dryer Hookup - Electric, Recessed Lighting, Washer Hookup, Peninsula, Lighting - Pendant
Master Bedroom
Lvl ThirdCloset, Flooring - Hardwood
Bedroom 2
Lvl ThirdBedroom 3
Lvl ThirdCloset, Flooring - Hardwood
Bathroom 1
Lvl ThirdBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Bathroom 2
Lvl ThirdBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Property History
$499,000
Was $524,900
Sep 1, 2026
MLS® 73552545
$524,900
Was $539,000
Aug 11, 2026
MLS® 73552545
$539,000
Was $545,000
Jul 29, 2026
MLS® 73552545
$545,000
Jul 21, 2026
MLS® 73552545
Population
44,738
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$85K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
50.4%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Kate Richard
Listing Office: J. Barrett & Company
MLS® Number: 73552545
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