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196 Salem Rd

Billerica, MA 01821

4 bd 2 ba 2,048 sqft Built 1973 Lot 50,094 sqft single_family
Most recent sale
$600,000
Jun 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 23, 2022 Sold $600,000 MLS #72976171
May 11, 2022 Price changed $579,900 MLS #72976171
May 4, 2022 Listed $599,900 MLS #72976171
Aug 31, 2016 Sold $370,000 MLS #72028891
Jun 24, 2016 Listed $379,900 MLS #72028891

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $279,200 $360,200 $639,400 $7,270
2024 $279,200 $325,300 $604,500 $6,825
2023 $250,000 $283,900 $533,900 $6,337
2022 $204,800 $249,100 $453,900 $5,737
2021 $200,200 $227,300 $427,500 $5,558
2020 $200,200 $218,600 $418,800 $5,440
2019 $181,300 $205,500 $386,800 $5,214
2018 $168,900 $185,900 $354,800 $5,035
2017 $158,800 $179,400 $338,200 $4,765
2016 $158,800 $189,700 $348,500 $4,928
2015 $158,800 $180,200 $339,000 $4,760
2014 $156,000 $186,900 $342,900 $4,900
2006 $169,700 $213,100 $382,800 $4,062
2005 $148,400 $187,000 $335,400 $3,689
2004 $144,500 $165,200 $309,700 $3,382
2003 $144,500 $139,100 $283,600 $3,137

Property facts

Year built
1973
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,048 sqft
Lot size
50,094 sqft
ZIP code
01821
City
Billerica
Street
Salem Rd
Coordinates
42.57633, -71.24595

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,939
Gross rental yield
11.88%
Implied cap rate
7.72%
Trend-extrapolated value

Frequently asked questions

When did 196 Salem Rd last sell?
196 Salem Rd most recently sold on Jun 23, 2022 for $600,000.
What is the current tax assessment for 196 Salem Rd?
The most recent total assessment for 196 Salem Rd (year 2025) is $639,400 with $7,270 in property tax.
How does 196 Salem Rd's assessment compare to its last sale price?
The current assessment is 6.6% above the last sale price of $600,000.
When was 196 Salem Rd built?
196 Salem Rd was built in 1973.
How does 196 Salem Rd compare to others on Salem Rd?
We track 8 other properties on Salem Rd. Browse the list under "Other properties on Salem Rd" to compare beds, baths, and sale history.
What are the property facts for 196 Salem Rd?
196 Salem Rd is a 4 bed, 2 bath, 2,048 sqft, 50,094 sqft lot single_family.
Is 196 Salem Rd a flip candidate?
No — 196 Salem Rd does not appear in our flips dataset.
Is 196 Salem Rd a tax-appeal candidate?
No — 196 Salem Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.8%
2026 Q3
$731.3K
2026 Q4
$741K
ZIP 01821 — Median Price History + Forecast

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