1200 Salem St
Lynnfield, MA 01940
2 bd 3 ba 1,995 sqft Built 1994 condos
Most recent sale
$502,000
Nov 15, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 15, 2021 | Sold | $502,000 | MLS #72869100 |
| Dec 11, 2020 | Sold | $455,000 | MLS #72650010 |
| Jul 20, 1994 | Sold | $154,900 | Public Record |
| Mar 1, 1990 | Sold | $1,000,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $612,200 | — | $612,200 | $5,669 |
| 2024 | $565,100 | — | $565,100 | $5,154 |
| 2022 | $517,500 | — | $517,500 | $4,973 |
| 2021 | $454,800 | — | $454,800 | $4,771 |
| 2020 | $423,400 | — | $423,400 | $4,547 |
| 2019 | $395,200 | — | $395,200 | $4,351 |
| 2018 | $370,100 | — | $370,100 | $4,241 |
| 2017 | $354,400 | — | $354,400 | $4,168 |
| 2016 | $354,400 | — | $354,400 | $4,224 |
| 2015 | $329,300 | — | $329,300 | $4,050 |
| 2014 | $313,600 | — | $313,600 | $3,889 |
| 2006 | $384,800 | — | $384,800 | $2,924 |
| 2005 | $380,100 | — | $380,100 | $3,155 |
| 2004 | $372,300 | — | $372,300 | $3,012 |
| 2003 | $309,500 | — | $309,500 | $2,925 |
Property facts
Year built
1994
Property type
condos
Stories
—
Beds
2
Baths
3
Living area
1,995 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
$5,786
Gross rental yield
13.83%
Implied cap rate
8.99%
Trend-extrapolated value
—
Frequently asked questions
When did 1200 Salem St last sell?
1200 Salem St most recently sold on Nov 15, 2021 for $502,000.
What is the current tax assessment for 1200 Salem St?
The most recent total assessment for 1200 Salem St (year 2025) is $612,200 with $5,669 in property tax.
How does 1200 Salem St's assessment compare to its last sale price?
The current assessment is 22.0% above the last sale price of $502,000.
When was 1200 Salem St built?
1200 Salem St was built in 1994.
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 2 bed, 3 bath, 1,995 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?
Yes — 1200 Salem St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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