NE Provenance

118 Federal St

Salem, MA 01970

residentialTwo-Family
Owner
Pec...
Owner Type
Individual
Tenure
5 yrs
Assessed
$471,300
Built
1782
Sq Ft
841
Lot
—
Bed/Bath
—
Type
Two-Family
Elevated Risks18Fire GradeBFloodX

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118 Federal St, Salem, MA 01970— Property Report

Home& Property Details

118 Federal St is a Condominium two-family built in 1782 located in Salem, Essex County, MA. The home has 841 square feet of living area.

Flood Zone & Natural Hazard Assessment

118 Federal St is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Very Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 118 Federal St at Grade B (Strong fire protection access). The nearest fire station, SALEM FIRE DEPARTMENT, is 0.3 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

The current municipal assessment is $471,300. The property last sold on November 2, 2020 for $415,000.

Environmental & Land Use

The property is located within a designated historic district.

SalemNeighborhood & Community

118 Federal St is located in Salem, Essex County, MA. The property is zoned R2 (Residential Two Family). The median home value in this census tract is $432,700. Median household income is $102,702. The owner-occupancy rate in the surrounding area is 42%. The property is served by the Salem school district.

Full Property Intelligence Report

The complete NE Provenance report for 118 Federal St, Salem, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.