3 Dearborn St
Salem, MA 01970
4 bd 2 ba 2,330 sqft Built 1850 Lot 4,652 sqft multi_family
Most recent sale
$665,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 7, 2022 | Sold | $665,000 | MLS #72986469 |
| May 24, 2022 | Listed | $599,000 | MLS #72986469 |
| Jan 1, 1978 | Sold | $39,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $503,600 | $203,400 | $707,000 | $8,017 |
| 2024 | $436,700 | $193,300 | $630,000 | $7,321 |
| 2023 | $388,000 | $178,400 | $566,400 | $7,086 |
| 2022 | $376,700 | $172,500 | $549,200 | $7,277 |
| 2021 | $339,600 | $160,600 | $500,200 | $6,903 |
| 2020 | $316,700 | $151,700 | $468,400 | $6,768 |
| 2019 | $299,900 | $143,900 | $443,800 | $6,701 |
| 2018 | $266,200 | $136,800 | $403,000 | $6,198 |
| 2017 | $248,000 | $115,400 | $363,400 | $5,764 |
| 2016 | $248,000 | $110,000 | $358,000 | $5,610 |
| 2015 | $230,800 | $101,100 | $331,900 | $5,446 |
| 2014 | $189,800 | $101,100 | $290,900 | $4,867 |
| 2006 | $255,500 | $130,400 | $385,900 | $4,326 |
| 2005 | $244,900 | $120,700 | $365,600 | $4,161 |
| 2004 | $227,100 | $111,800 | $338,900 | $3,969 |
| 2003 | $127,600 | $122,900 | $250,500 | $3,224 |
Property facts
Year built
1850
Property type
multi_family
Stories
4
Beds
4
Baths
2
Living area
2,330 sqft
Lot size
4,652 sqft
ZIP code
01970
City
Salem
Street
Dearborn St
Coordinates
42.52847, -70.90254
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
$6,757
Gross rental yield
12.19%
Implied cap rate
7.93%
Trend-extrapolated value
—
Frequently asked questions
When did 3 Dearborn St last sell?
3 Dearborn St most recently sold on Jul 7, 2022 for $665,000.
What is the current tax assessment for 3 Dearborn St?
The most recent total assessment for 3 Dearborn St (year 2025) is $707,000 with $8,017 in property tax.
How does 3 Dearborn St's assessment compare to its last sale price?
The current assessment is 6.3% above the last sale price of $665,000.
When was 3 Dearborn St built?
3 Dearborn St was built in 1850.
How does 3 Dearborn St compare to others on Dearborn St?
We track 8 other properties on Dearborn St. Browse the list under "Other properties on Dearborn St" to compare beds, baths, and sale history.
What are the property facts for 3 Dearborn St?
3 Dearborn St is a 4 bed, 2 bath, 2,330 sqft, 4,652 sqft lot multi_family.
Is 3 Dearborn St a flip candidate?
No — 3 Dearborn St does not appear in our flips dataset.
Is 3 Dearborn St a tax-appeal candidate?
No — 3 Dearborn 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
Explore nearby
Geography
Other properties on Dearborn St