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2 Gallows Hill Rd

Salem, MA 01970

3 bd 2 ba 2,556 sqft Built 1966 Lot 16,988 sqft single_family
Most recent sale
$601,000
Oct 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2022 Sold $601,000 MLS #73032262
Sep 6, 2022 Listed $599,900 MLS #73032262

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $348,000 $267,100 $615,100 $6,975
2024 $332,500 $252,100 $584,600 $6,793
2023 $278,400 $229,600 $508,000 $6,355
2022 $251,300 $210,800 $462,100 $6,123
2021 $223,100 $195,800 $418,900 $5,781
2020 $211,600 $192,100 $403,700 $5,833
2019 $196,300 $180,800 $377,100 $5,694
2018 $184,900 $168,800 $353,700 $5,440
2017 $170,500 $158,300 $328,800 $5,215
2016 $170,500 $158,300 $328,800 $5,152
2015 $157,000 $139,600 $296,600 $4,867
2014 $144,900 $139,600 $284,500 $4,760
2006 $189,000 $166,700 $355,700 $3,987
2005 $189,000 $154,400 $343,400 $3,908
2004 $175,200 $143,000 $318,200 $3,726
2003 $91,700 $169,000 $260,700 $3,355

Property facts

Year built
1966
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,556 sqft
Lot size
16,988 sqft
ZIP code
01970
City
Salem
Street
Gallows Hill Rd
Coordinates
42.51692, -70.91575

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,606
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2 Gallows Hill Rd last sell?
2 Gallows Hill Rd most recently sold on Oct 25, 2022 for $601,000.
What is the current tax assessment for 2 Gallows Hill Rd?
The most recent total assessment for 2 Gallows Hill Rd (year 2025) is $615,100 with $6,975 in property tax.
How does 2 Gallows Hill Rd's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $601,000.
When was 2 Gallows Hill Rd built?
2 Gallows Hill Rd was built in 1966.
How does 2 Gallows Hill Rd compare to others on Gallows Hill Rd?
We track 8 other properties on Gallows Hill Rd. Browse the list under "Other properties on Gallows Hill Rd" to compare beds, baths, and sale history.
What are the property facts for 2 Gallows Hill Rd?
2 Gallows Hill Rd is a 3 bed, 2 bath, 2,556 sqft, 16,988 sqft lot single_family.
Is 2 Gallows Hill Rd a flip candidate?
No — 2 Gallows Hill Rd does not appear in our flips dataset.
Is 2 Gallows Hill Rd a tax-appeal candidate?
No — 2 Gallows Hill Rd 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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