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5 Larchmont Rd

Salem, MA 01970

2 bd 1 ba 1,125 sqft Built 1925 condos
Most recent sale
$395,000
Mar 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2022 Sold $395,000 MLS #72931832
Jan 6, 2022 Listed $389,000 MLS #72931832
Jan 17, 2020 Sold $299,999 MLS #72547427
Oct 31, 2005 Sold $210,000 MLS #70228418
Jul 20, 2005 Listed $212,900 MLS #70228418
Jan 31, 2001 Sold $155,000 Public Record
Oct 30, 1998 Sold $126,000 Public Record
Jul 26, 1996 Sold $91,000 Public Record
Jul 28, 1989 Sold $128,000 Public Record
Aug 14, 1987 Sold $117,700 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $407,300 $407,300 $4,619
2024 $388,100 $388,100 $4,510
2023 $351,700 $351,700 $4,400
2022 $321,400 $321,400 $4,259
2021 $307,800 $307,800 $4,248
2020 $287,600 $287,600 $4,156
2019 $261,000 $261,000 $3,941
2018 $237,800 $237,800 $3,657
2017 $225,900 $225,900 $3,583
2016 $216,400 $216,400 $3,391
2015 $210,500 $210,500 $3,454
2014 $200,800 $200,800 $3,359
2006 $254,300 $254,300 $2,851
2005 $229,800 $229,800 $2,615
2004 $195,000 $195,000 $2,283
2003 $145,400 $145,400 $1,871

Property facts

Year built
1925
Property type
condos
Stories
Beds
2
Baths
1
Living area
1,125 sqft
Lot size
ZIP code
01970
City
Salem
Street
Larchmont Rd
Coordinates
42.53148, -70.89882

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
$3,263
Gross rental yield
9.91%
Implied cap rate
6.44%
Trend-extrapolated value

Frequently asked questions

When did 5 Larchmont Rd last sell?
5 Larchmont Rd most recently sold on Mar 10, 2022 for $395,000.
What is the current tax assessment for 5 Larchmont Rd?
The most recent total assessment for 5 Larchmont Rd (year 2025) is $407,300 with $4,619 in property tax.
How does 5 Larchmont Rd's assessment compare to its last sale price?
The current assessment is 3.1% above the last sale price of $395,000.
When was 5 Larchmont Rd built?
5 Larchmont Rd was built in 1925.
How does 5 Larchmont Rd compare to others on Larchmont Rd?
We track 6 other properties on Larchmont Rd. Browse the list under "Other properties on Larchmont Rd" to compare beds, baths, and sale history.
What are the property facts for 5 Larchmont Rd?
5 Larchmont Rd is a 2 bed, 1 bath, 1,125 sqft condos.
Is 5 Larchmont Rd a flip candidate?
No — 5 Larchmont Rd does not appear in our flips dataset.
Is 5 Larchmont Rd a tax-appeal candidate?
No — 5 Larchmont 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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