22 Cherry St
Salem, MA 01970
2 bd 1 ba 960 sqft Built 1940 condos
Most recent sale
$501,000
May 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2022 | Sold | $501,000 | MLS #72962259 |
| Apr 5, 2022 | Listed | $449,000 | MLS #72962259 |
| Jun 23, 2006 | Sold | $260,000 | MLS #70266476 |
| Sep 24, 2005 | Listed | $269,900 | MLS #70266476 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $474,500 | — | $474,500 | $5,381 |
| 2024 | $454,900 | — | $454,900 | $5,286 |
| 2023 | $343,500 | — | $343,500 | $4,297 |
| 2022 | $313,000 | — | $313,000 | $4,147 |
| 2021 | $295,700 | — | $295,700 | $4,081 |
| 2020 | $276,100 | — | $276,100 | $3,990 |
| 2019 | $250,500 | — | $250,500 | $3,783 |
| 2018 | $228,000 | — | $228,000 | $3,507 |
| 2017 | $216,500 | — | $216,500 | $3,434 |
| 2016 | $207,400 | — | $207,400 | $3,250 |
| 2015 | $198,200 | — | $198,200 | $3,252 |
| 2014 | $189,000 | — | $189,000 | $3,162 |
Property facts
Year built
1940
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
960 sqft
Lot size
—
ZIP code
01970
City
Salem
Street
Cherry St
Coordinates
42.51545, -70.89377
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,784
Gross rental yield
6.67%
Implied cap rate
4.33%
Trend-extrapolated value
—
Frequently asked questions
When did 22 Cherry St last sell?
22 Cherry St most recently sold on May 12, 2022 for $501,000.
What is the current tax assessment for 22 Cherry St?
The most recent total assessment for 22 Cherry St (year 2025) is $474,500 with $5,381 in property tax.
How does 22 Cherry St's assessment compare to its last sale price?
The current assessment is 5.3% below the last sale price of $501,000.
When was 22 Cherry St built?
22 Cherry St was built in 1940.
How does 22 Cherry St compare to others on Cherry St?
We do not currently track other properties on Cherry St.
What are the property facts for 22 Cherry St?
22 Cherry St is a 2 bed, 1 bath, 960 sqft condos.
Is 22 Cherry St a flip candidate?
No — 22 Cherry St does not appear in our flips dataset.
Is 22 Cherry St a tax-appeal candidate?
No — 22 Cherry 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
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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Geography