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8 Martin Ln

Salem, MA 01970

4 bd 4 ba 3,139 sqft Built 2019 Lot 19,602 sqft single_family
Most recent sale
$900,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $900,000 MLS #72933059
Jan 12, 2022 Listed $829,000 MLS #72933059

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $602,500 $268,500 $871,000 $9,877
2024 $574,800 $253,400 $828,200 $9,624
2023 $506,300 $230,900 $737,200 $9,222
2022 $450,400 $212,100 $662,500 $8,778
2021 $427,100 $197,100 $624,200 $8,614
2020 $357,200 $193,400 $550,600 $7,956
2019 $110,100 $110,100 $1,663
2018 $35,700 $35,700 $549
2017 $33,600 $33,600 $533
2016 $33,600 $33,600 $527
2015 $29,900 $29,900 $491
2014 $29,900 $29,900 $500
2006 $25,100 $25,100 $281
2005 $23,300 $23,300 $265
2004 $21,600 $21,600 $253
2003 $26,800 $26,800 $345

Property facts

Year built
2019
Property type
single_family
Stories
Beds
4
Baths
4
Living area
3,139 sqft
Lot size
19,602 sqft
ZIP code
01970
City
Salem
Street
Martin Ln
Coordinates
42.51043, -70.91736

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
$9,103
Gross rental yield
12.14%
Implied cap rate
7.89%
Trend-extrapolated value

Frequently asked questions

When did 8 Martin Ln last sell?
8 Martin Ln most recently sold on Mar 4, 2022 for $900,000.
What is the current tax assessment for 8 Martin Ln?
The most recent total assessment for 8 Martin Ln (year 2025) is $871,000 with $9,877 in property tax.
How does 8 Martin Ln's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $900,000.
When was 8 Martin Ln built?
8 Martin Ln was built in 2019.
How does 8 Martin Ln compare to others on Martin Ln?
We track 1 other property on Martin Ln. Browse the list under "Other properties on Martin Ln" to compare beds, baths, and sale history.
What are the property facts for 8 Martin Ln?
8 Martin Ln is a 4 bed, 4 bath, 3,139 sqft, 19,602 sqft lot single_family.
Is 8 Martin Ln a flip candidate?
No — 8 Martin Ln does not appear in our flips dataset.
Is 8 Martin Ln a tax-appeal candidate?
No — 8 Martin 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

Explore nearby

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