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55 Hancock St

Salem, MA 01970

2 bd 1 ba 1,000 sqft Built 1920 condos
Most recent sale
$300,000
Jan 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 31, 2022 Sold $300,000 MLS #72919942
Nov 15, 2021 Listed $285,000 MLS #72919942
Jun 25, 1998 Sold $54,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $313,000 $313,000 $3,549
2024 $298,000 $298,000 $3,463
2023 $283,700 $283,700 $3,549
2022 $259,900 $259,900 $3,444
2021 $245,600 $245,600 $3,389
2020 $229,500 $229,500 $3,316
2019 $208,500 $208,500 $3,148
2018 $190,000 $190,000 $2,922
2017 $180,600 $180,600 $2,864
2016 $172,900 $172,900 $2,709
2015 $165,300 $165,300 $2,713
2014 $157,600 $157,600 $2,637
2006 $182,300 $182,300 $2,044
2005 $164,800 $164,800 $1,875
2004 $147,300 $147,300 $1,725
2003 $99,100 $99,100 $1,275

Property facts

Year built
1920
Property type
condos
Stories
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
ZIP code
01970
City
Salem
Street
Hancock St
Coordinates
42.51242, -70.89628

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,900
Gross rental yield
11.60%
Implied cap rate
7.54%
Trend-extrapolated value

Frequently asked questions

When did 55 Hancock St last sell?
55 Hancock St most recently sold on Jan 31, 2022 for $300,000.
What is the current tax assessment for 55 Hancock St?
The most recent total assessment for 55 Hancock St (year 2025) is $313,000 with $3,549 in property tax.
How does 55 Hancock St's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $300,000.
When was 55 Hancock St built?
55 Hancock St was built in 1920.
How does 55 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 55 Hancock St?
55 Hancock St is a 2 bed, 1 bath, 1,000 sqft condos.
Is 55 Hancock St a flip candidate?
No — 55 Hancock St does not appear in our flips dataset.
Is 55 Hancock St a tax-appeal candidate?
No — 55 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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