243 Salem St
Reading, MA 01867
2 bd 2 ba 1,125 sqft Built 2005 condos
Most recent sale
$484,900
Dec 16, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 10, 2025 | Sold | $550,000 | MLSPIN |
| Oct 15, 2024 | Price changed | $565,900 | MLSPIN |
| Oct 2, 2024 | Listed | $579,900 | MLSPIN |
| Dec 16, 2021 | Sold | $484,900 | MLS #72915908 |
| Nov 3, 2021 | Listed | $479,900 | MLS #72915908 |
| May 12, 2005 | Sold | $319,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $455,400 | — | $455,400 | $5,187 |
| 2024 | $446,500 | — | $446,500 | $5,233 |
| 2023 | $440,500 | — | $440,500 | $5,546 |
| 2022 | $459,000 | — | $459,000 | $6,118 |
| 2021 | $388,200 | — | $388,200 | $5,361 |
| 2020 | $388,200 | — | $388,200 | $5,415 |
| 2019 | $372,100 | — | $372,100 | $5,295 |
| 2018 | $339,800 | — | $339,800 | $4,713 |
| 2017 | $309,100 | — | $309,100 | $4,337 |
| 2016 | $307,100 | — | $307,100 | $4,453 |
| 2015 | $298,100 | — | $298,100 | $4,382 |
| 2014 | $289,400 | — | $289,400 | $4,266 |
Property facts
Year built
2005
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,125 sqft
Lot size
—
ZIP code
01867
City
Reading
Street
Salem St
Coordinates
42.52609, -71.08829
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
$3,263
Gross rental yield
8.08%
Implied cap rate
5.25%
Trend-extrapolated value
—
Frequently asked questions
When did 243 Salem St last sell?
243 Salem St most recently sold on Dec 16, 2021 for $484,900.
What is the current tax assessment for 243 Salem St?
The most recent total assessment for 243 Salem St (year 2025) is $455,400 with $5,187 in property tax.
How does 243 Salem St's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $484,900.
When was 243 Salem St built?
243 Salem St was built in 2005.
How does 243 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 243 Salem St?
243 Salem St is a 2 bed, 2 bath, 1,125 sqft condos.
Is 243 Salem St a flip candidate?
No — 243 Salem St does not appear in our flips dataset.
Is 243 Salem St a tax-appeal candidate?
No — 243 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
-1.9%
Implied 1-yr
-7.7%
2026 Q3
$781.9K
2026 Q4
$764.6K
ZIP 01867 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Salem St