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51 Hancock St

Salem, MA 01970

2 bd 1 ba 912 sqft Built 1920 condos
Most recent sale
$310,000
Feb 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 25, 2022 Sold $310,000 MLS #72931548
Jan 5, 2022 Listed $285,000 MLS #72931548
Oct 21, 2020 Price changed for rent $1,850 ShowMojo
Sep 22, 2020 Listed for rent $1,900 ShowMojo
Jun 16, 2014 Sold $175,000 MLS #71659705
Apr 11, 2014 Listed $189,000 MLS #71659705
Aug 30, 2005 Sold $210,000 MLS #70198352
May 26, 2005 Listed $219,000 MLS #70198352
Jan 7, 2000 Sold $102,000 Public Record
Jun 28, 1996 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $323,100 $323,100 $3,664
2024 $308,600 $308,600 $3,586
2023 $275,200 $275,200 $3,443
2022 $252,400 $252,400 $3,344
2021 $238,500 $238,500 $3,291
2020 $223,000 $223,000 $3,222
2019 $213,100 $213,100 $3,218
2018 $194,400 $194,400 $2,990
2017 $184,800 $184,800 $2,931
2016 $177,000 $177,000 $2,774
2015 $172,000 $172,000 $2,823
2014 $164,000 $164,000 $2,744
2006 $191,600 $191,600 $2,148
2005 $173,200 $173,200 $1,971
2004 $154,800 $154,800 $1,813
2003 $116,500 $116,500 $1,499

Property facts

Year built
1920
Property type
condos
Stories
Beds
2
Baths
1
Living area
912 sqft
Lot size
ZIP code
01970
City
Salem
Street
Hancock St
Coordinates
42.51243, -70.89612

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
$2,645
Gross rental yield
10.24%
Implied cap rate
6.66%
Trend-extrapolated value

Frequently asked questions

When did 51 Hancock St last sell?
51 Hancock St most recently sold on Feb 25, 2022 for $310,000.
What is the current tax assessment for 51 Hancock St?
The most recent total assessment for 51 Hancock St (year 2025) is $323,100 with $3,664 in property tax.
How does 51 Hancock St's assessment compare to its last sale price?
The current assessment is 4.2% above the last sale price of $310,000.
When was 51 Hancock St built?
51 Hancock St was built in 1920.
How does 51 Hancock St compare to others on Hancock St?
We track 8 other properties on Hancock St. Browse the list under "Other properties on Hancock St" to compare beds, baths, and sale history.
What are the property facts for 51 Hancock St?
51 Hancock St is a 2 bed, 1 bath, 912 sqft condos.
Is 51 Hancock St a flip candidate?
No — 51 Hancock St does not appear in our flips dataset.
Is 51 Hancock St a tax-appeal candidate?
No — 51 Hancock 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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