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1200 Salem St

Lynnfield, MA 01940

2 bd 3 ba 1,740 sqft Built 1994 townhomes
Most recent sale
$600,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $600,000 MLS #72962891
Apr 6, 2022 Listed $539,900 MLS #72962891
Aug 26, 2014 Sold $379,000 MLS #71687759
May 28, 2014 Listed $384,000 MLS #71687759
Sep 30, 2010 Sold $350,000 Public Record
Jul 24, 1996 Sold $195,000 Public Record
Jul 29, 1994 Sold $166,310 Public Record
Mar 1, 1990 Sold $1,000,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $615,500 $615,500 $5,700
2024 $568,100 $568,100 $5,181
2022 $520,300 $520,300 $5,001
2021 $457,200 $457,200 $4,796
2020 $425,700 $425,700 $4,572
2019 $397,300 $397,300 $4,374
2018 $372,100 $372,100 $4,264
2017 $356,300 $356,300 $4,190
2016 $356,300 $356,300 $4,247
2015 $331,100 $331,100 $4,073
2014 $315,300 $315,300 $3,910
2006 $388,100 $388,100 $2,950
2005 $383,400 $383,400 $3,182
2004 $375,600 $375,600 $3,039
2003 $309,500 $309,500 $2,925

Property facts

Year built
1994
Property type
townhomes
Stories
3
Beds
2
Baths
3
Living area
1,740 sqft
Lot size
ZIP code
01940
City
Lynnfield
Street
Salem St
Coordinates
42.51214, -70.98750

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
$5,046
Gross rental yield
10.09%
Implied cap rate
6.56%
Trend-extrapolated value

Frequently asked questions

When did 1200 Salem St last sell?
1200 Salem St most recently sold on May 27, 2022 for $600,000.
What is the current tax assessment for 1200 Salem St?
The most recent total assessment for 1200 Salem St (year 2025) is $615,500 with $5,700 in property tax.
How does 1200 Salem St's assessment compare to its last sale price?
The current assessment is 2.6% above the last sale price of $600,000.
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, 1,740 sqft townhomes.
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 valuation
Quarterly trend
+2.2%
Implied 1-yr
+9.0%
2024 Q4
$1.1M
2025 Q1
$1.12M
ZIP 01940 — Median Price History + Forecast

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