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42 Lions Ln

Salem, MA 01970

2 bd 3 ba 1,854 sqft Built 1988 condos
Most recent sale
$475,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $475,000 MLS #73007873
Jul 6, 2022 Listed $499,900 MLS #73007873
Jan 21, 1994 Sold $163,963 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $510,600 $510,600 $5,790
2024 $489,800 $489,800 $5,691
2023 $429,100 $429,100 $5,368
2022 $387,900 $387,900 $5,140
2021 $358,900 $358,900 $4,953
2020 $334,000 $334,000 $4,826
2019 $322,100 $322,100 $4,864
2018 $305,500 $305,500 $4,699
2017 $297,600 $297,600 $4,720
2016 $275,600 $275,600 $4,319
2015 $265,100 $265,100 $4,350
2014 $265,100 $265,100 $4,435
2006 $311,900 $311,900 $3,496
2005 $296,900 $296,900 $3,379
2004 $275,400 $275,400 $3,225
2003 $255,900 $255,900 $3,293

Property facts

Year built
1988
Property type
condos
Stories
3
Beds
2
Baths
3
Living area
1,854 sqft
Lot size
ZIP code
01970
City
Salem
Street
Lions Ln
Coordinates
42.49780, -70.93538

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
$5,377
Gross rental yield
13.58%
Implied cap rate
8.83%
Trend-extrapolated value

Frequently asked questions

When did 42 Lions Ln last sell?
42 Lions Ln most recently sold on Sep 15, 2022 for $475,000.
What is the current tax assessment for 42 Lions Ln?
The most recent total assessment for 42 Lions Ln (year 2025) is $510,600 with $5,790 in property tax.
How does 42 Lions Ln's assessment compare to its last sale price?
The current assessment is 7.5% above the last sale price of $475,000.
When was 42 Lions Ln built?
42 Lions Ln was built in 1988.
How does 42 Lions Ln compare to others on Lions Ln?
We track 8 other properties on Lions Ln. Browse the list under "Other properties on Lions Ln" to compare beds, baths, and sale history.
What are the property facts for 42 Lions Ln?
42 Lions Ln is a 2 bed, 3 bath, 1,854 sqft condos.
Is 42 Lions Ln a flip candidate?
No — 42 Lions Ln does not appear in our flips dataset.
Is 42 Lions Ln a tax-appeal candidate?
No — 42 Lions Ln 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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