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16 Oakland St

Salem, MA 01970

4 bd 2 ba 1,955 sqft Built 1925 Lot 3,498 sqft multi_family
Most recent sale
$450,000
Dec 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 1, 2026 Sold $915,000 MLSPIN
Feb 6, 2026 Listed $940,000 MLSPIN
Dec 30, 2022 Sold $450,000 MLSPIN
Dec 7, 2022 Relisted $525,000 MLSPIN
Oct 26, 2022 Listing removed MLSPIN
Oct 5, 2022 Listed $499,000 MLSPIN
Nov 1, 1979 Sold $56,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $504,600 $197,500 $702,100 $7,962
2024 $468,400 $187,700 $656,100 $7,624
2023 $327,500 $173,200 $500,700 $6,264
2022 $319,300 $167,500 $486,800 $6,450
2021 $287,600 $155,900 $443,500 $6,120
2020 $268,500 $147,200 $415,700 $6,007
2019 $254,100 $139,700 $393,800 $5,946
2018 $225,400 $132,800 $358,200 $5,509
2017 $211,000 $112,000 $323,000 $5,123
2016 $211,000 $106,800 $317,800 $4,980
2015 $196,100 $98,200 $294,300 $4,829
2014 $159,900 $98,200 $258,100 $4,318
2006 $215,600 $126,600 $342,200 $3,836
2005 $206,600 $117,200 $323,800 $3,685
2004 $191,400 $108,600 $300,000 $3,513
2003 $106,500 $117,700 $224,200 $2,885

Property facts

Year built
1925
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
1,955 sqft
Lot size
3,498 sqft
ZIP code
01970
City
Salem
Street
Oakland St
Coordinates
42.53044, -70.91077

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
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 16 Oakland St last sell?
16 Oakland St most recently sold on Dec 30, 2022 for $450,000.
What is the current tax assessment for 16 Oakland St?
The most recent total assessment for 16 Oakland St (year 2025) is $702,100 with $7,962 in property tax.
How does 16 Oakland St's assessment compare to its last sale price?
The current assessment is 56.0% above the last sale price of $450,000.
When was 16 Oakland St built?
16 Oakland St was built in 1925.
How does 16 Oakland St compare to others on Oakland St?
We track 8 other properties on Oakland St. Browse the list under "Other properties on Oakland St" to compare beds, baths, and sale history.
What are the property facts for 16 Oakland St?
16 Oakland St is a 4 bed, 2 bath, 1,955 sqft, 3,498 sqft lot multi_family.
Is 16 Oakland St a flip candidate?
No — 16 Oakland St does not appear in our flips dataset.
Is 16 Oakland St a tax-appeal candidate?
No — 16 Oakland 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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