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$475,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 861 Sq. Ft.
  • Updated 3 hours ago
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A stunning Gatsby-era residence has been thoughtfully reimagined into six spacious condominiums that blend historic charm with modern comfort. Unit 16-3 offers a well laid out floor plan with large eat-in kitchen bathed in light from skylights above and a glamourous sunlit bath, two spacious bedrooms with good closet storage. Parking is easy with a dedicated parking space and all your extra items have a place in the private basement storage with convenient driveway access. Rich in late-19th-century character, the building retains the craftsmanship of a bygone era. From its elegant facade to its park-like setting, this is a truly special offering. The beautifully maintained grounds feature a yard with mature perennial gardens and a charming pergola -an idyllic setting for morning coffee or outdoor dining. This is a rare turnkey offering!

Full Property Details for 16 Loring Ave #3

General

  • Price: $475,000
  • HOA FEE: $212
  • Taxes: (2026)
  • Status: Active
  • Type: Condo
  • MLS ID: 73539821
  • Updated: 6/23/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Parking

  • Parking Features: Off Street

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 1
  • Square Feet: 861
  • Year Built: 1895

Financial Considerations

  • Association Fee: $212
  • Tax Year: 2026

Disclosures and Reports

  • Disclosures/Rstr.: Subject to Salem's Condo Ordinance, which establishes a closing date of 6/14/28. The seller filed an appeal; upon municipal approval, the closing date will be moved forward and is amenable to a lease arrangement to facilitate buyer occupancy prior to closing.
  • Property ID: 2134171

Listed by Gibson Sotheby's International Realty, Michael Selbst

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Listing agent

— 16 Loring Ave #3 —

  • Michael Selbst

    Gibson Sotheby's International Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16 Loring Ave #3

School District:Salem School District, Salem, MA
NameGradesDistance
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.6 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-50.9 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.7 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-81 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121 mi
Salem Prep High School
2 Museum Place Mall, Salem, MA 01970
9-121.3 mi
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-51.9 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-52.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16 Loring Ave #3 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/22/2026
Listed
$475,000
-72.7%
MLS
6/13/2025
Sold
$1,740,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16 Loring Ave #3

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,804
14%
$2,010,900
17%
2024
$19,979
3%
$1,719,400
11%
2023
$19,350
6%
$1,546,800
12%
2022
$18,319
3%
$1,382,600
7%
2021
$17,870
7%
$1,294,900
12%
2020
$16,724
6%
$1,157,400
11%
2019
$15,754
14%
$1,043,300
16%
2018
$13,822
3%
$898,700
6%
2017
$13,475
1%
$849,600
—
2016
$13,313
-1%
$849,600
4%
2015
$13,389
3%
$815,900
5%
2014
$13,011
—
$777,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 16 Loring Ave #3

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Gibson Sotheby's International Realty, Michael Selbst

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16 Loring Avenue #3, Salem, MA 01970 (MLS# 73539821) is a Condo property with 2 bedrooms and 1 full bathroom. 16 Loring Avenue #3 is currently listed for $475,000 and was received on June 22, 2026. Want to learn more about 16 Loring Avenue #3? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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