1200 Salem St
Lynnfield, MA 01940
3 bd 3 ba 2,096 sqft Built 1991 condos
Most recent sale
$640,000
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 21, 2022 | Sold | $640,000 | MLS #72972835 |
| Jun 2, 2022 | Relisted | $549,900 | MLS #72972835 |
| May 19, 2022 | Listing removed | $549,900 | MLSPIN |
| Apr 27, 2022 | Listed | $549,900 | MLS #72972835 |
| Sep 26, 2019 | Sold | $464,000 | MLS #72549351 |
| Aug 14, 2019 | Listed | $479,900 | MLS #72549351 |
| Sep 23, 1997 | Sold | $217,000 | Public Record |
| Jun 22, 1992 | Sold | $162,000 | Public Record |
| Mar 1, 1990 | Sold | $1,000,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $644,600 | — | $644,600 | $5,969 |
| 2024 | $595,000 | — | $595,000 | $5,426 |
| 2022 | $550,700 | — | $550,700 | $5,292 |
| 2021 | $483,900 | — | $483,900 | $5,076 |
| 2020 | $450,600 | — | $450,600 | $4,839 |
| 2019 | $420,500 | — | $420,500 | $4,630 |
| 2018 | $393,800 | — | $393,800 | $4,513 |
| 2017 | $377,100 | — | $377,100 | $4,435 |
| 2016 | $377,100 | — | $377,100 | $4,495 |
| 2015 | $350,400 | — | $350,400 | $4,310 |
| 2014 | $333,800 | — | $333,800 | $4,139 |
| 2006 | $438,800 | — | $438,800 | $3,335 |
| 2005 | $433,500 | — | $433,500 | $3,598 |
| 2004 | $425,700 | — | $425,700 | $3,444 |
| 2003 | $304,200 | — | $304,200 | $2,875 |
Property facts
Year built
1991
Property type
condos
Stories
3
Beds
3
Baths
3
Living area
2,096 sqft
Lot size
—
ZIP code
01940
City
Lynnfield
Street
Salem St
Coordinates
42.51219, -70.98763
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,078
Gross rental yield
11.40%
Implied cap rate
7.41%
Trend-extrapolated value
—
Frequently asked questions
When did 1200 Salem St last sell?
1200 Salem St most recently sold on Jun 21, 2022 for $640,000.
What is the current tax assessment for 1200 Salem St?
The most recent total assessment for 1200 Salem St (year 2025) is $644,600 with $5,969 in property tax.
How does 1200 Salem St's assessment compare to its last sale price?
The current assessment is 0.7% above the last sale price of $640,000.
When was 1200 Salem St built?
1200 Salem St was built in 1991.
How does 1200 Salem St compare to others on Salem St?
We track 8 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 1200 Salem St?
1200 Salem St is a 3 bed, 3 bath, 2,096 sqft condos.
Is 1200 Salem St a flip candidate?
No — 1200 Salem St does not appear in our flips dataset.
Is 1200 Salem St a tax-appeal candidate?
No — 1200 Salem St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+9.0%
2024 Q4
$1.1M
2025 Q1
$1.12M
ZIP 01940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem St