161 Federal St
Salem, MA 01970
2 bd 2 ba 1,500 sqft Built 1889 condos
Most recent sale
$585,000
Jan 31, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 31, 2023 | Sold | $585,000 | MLSPIN |
| Nov 11, 2022 | Price changed | $599,000 | MLSPIN |
| Oct 14, 2022 | Listed | $659,000 | MLSPIN |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $563,400 | — | $563,400 | $6,389 |
| 2024 | $563,100 | — | $563,100 | $6,543 |
Property facts
Year built
1889
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,500 sqft
Lot size
—
ZIP code
01970
City
Salem
Street
Federal St
Coordinates
42.51961, -70.90553
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
$4,350
Gross rental yield
8.92%
Implied cap rate
5.80%
Trend-extrapolated value
—
Frequently asked questions
When did 161 Federal St last sell?
161 Federal St most recently sold on Jan 31, 2023 for $585,000.
What is the current tax assessment for 161 Federal St?
The most recent total assessment for 161 Federal St (year 2025) is $563,400 with $6,389 in property tax.
How does 161 Federal St's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $585,000.
When was 161 Federal St built?
161 Federal St was built in 1889.
How does 161 Federal St compare to others on Federal St?
We track 8 other properties on Federal St. Browse the list under "Other properties on Federal St" to compare beds, baths, and sale history.
What are the property facts for 161 Federal St?
161 Federal St is a 2 bed, 2 bath, 1,500 sqft condos.
Is 161 Federal St a flip candidate?
No — 161 Federal St does not appear in our flips dataset.
Is 161 Federal St a tax-appeal candidate?
No — 161 Federal 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 Federal St