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42 Broad St

Salem, MA 01970

2 bd 2 ba 1,020 sqft Built 1900 condos
Most recent sale
$444,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2025 Sold $485,000 MLSPIN
May 9, 2025 Price changed $479,000 MLSPIN
May 1, 2025 Price changed $489,000 MLSPIN
Apr 10, 2025 Listed $499,000 MLSPIN
May 19, 2022 Sold $444,000 MLS #72968817
Apr 20, 2022 Listed $449,000 MLS #72968817
Apr 27, 2018 Sold $336,700 MLS #72292570
Mar 12, 2018 Listed $299,000 MLS #72292570
Aug 31, 2001 Sold $191,000 Public Record
May 24, 2000 Sold $154,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $454,700 $454,700 $5,156
2024 $433,400 $433,400 $5,036
2023 $404,500 $404,500 $5,060
2022 $365,500 $365,500 $4,843
2021 $356,300 $356,300 $4,917
2020 $323,000 $323,000 $4,667
2019 $289,700 $289,700 $4,374
2018 $245,300 $245,300 $3,773
2017 $231,300 $231,300 $3,668
2016 $227,200 $227,200 $3,560
2015 $211,500 $211,500 $3,471
2014 $202,300 $202,300 $3,384
2006 $255,600 $255,600 $2,865
2005 $243,900 $243,900 $2,776
2004 $238,900 $238,900 $2,798
2003 $177,800 $177,800 $2,288

Property facts

Year built
1900
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,020 sqft
Lot size
ZIP code
01970
City
Salem
Street
Broad St
Coordinates
42.51759, -70.90263

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
$2,958
Gross rental yield
7.99%
Implied cap rate
5.20%
Trend-extrapolated value

Frequently asked questions

When did 42 Broad St last sell?
42 Broad St most recently sold on May 19, 2022 for $444,000.
What is the current tax assessment for 42 Broad St?
The most recent total assessment for 42 Broad St (year 2025) is $454,700 with $5,156 in property tax.
How does 42 Broad St's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $444,000.
When was 42 Broad St built?
42 Broad St was built in 1900.
How does 42 Broad St compare to others on Broad St?
We track 8 other properties on Broad St. Browse the list under "Other properties on Broad St" to compare beds, baths, and sale history.
What are the property facts for 42 Broad St?
42 Broad St is a 2 bed, 2 bath, 1,020 sqft condos.
Is 42 Broad St a flip candidate?
No — 42 Broad St does not appear in our flips dataset.
Is 42 Broad St a tax-appeal candidate?
No — 42 Broad 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast

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