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101 Ocean Ave

Salem, MA 01970

6 bd 4 ba 4,394 sqft Built 1930 Lot 4,652 sqft multi_family
Most recent sale
$850,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2026 Relisted $1,100,000 MLSPIN
Mar 25, 2026 Listed $1,100,000 MLSPIN
Sep 12, 2022 Sold $850,000 MLS #72938295
Aug 15, 2022 Price changed $915,000 MLS #72938295
Jul 5, 2022 Price changed $949,900 MLS #72938295
Jun 28, 2022 Relisted $975,000 MLS #72938295
Apr 28, 2022 Relisted $975,000 MLS #72938295
Mar 28, 2022 Relisted $975,000 MLS #72938295
Mar 22, 2022 Relisted $975,000 MLS #72938295
Mar 10, 2022 Relisted $975,000 MLS #72938295
Feb 20, 2022 Listing removed $975,000 MLSPIN
Feb 1, 2022 Listed $975,000 MLS #72938295

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $805,000 $169,500 $974,500 $11,051
2024 $674,600 $160,600 $835,200 $9,705
2023 $569,600 $148,700 $718,300 $8,986
2022 $532,100 $139,800 $671,900 $8,903
2021 $497,800 $139,800 $637,600 $8,799
2020 $445,400 $120,700 $566,100 $8,180
2019 $399,700 $114,800 $514,500 $7,769
2018 $342,500 $109,400 $451,900 $6,950
2017 $331,100 $89,200 $420,300 $6,666
2016 $331,100 $84,500 $415,600 $6,512
2015 $321,200 $76,100 $397,300 $6,520
2014 $302,800 $76,100 $378,900 $6,339
2006 $351,900 $107,000 $458,900 $5,144
2005 $337,200 $99,100 $436,300 $4,965
2004 $312,600 $89,300 $401,900 $4,706
2003 $175,000 $98,900 $273,900 $3,525

Property facts

Year built
1930
Property type
multi_family
Stories
4
Beds
6
Baths
4
Living area
4,394 sqft
Lot size
4,652 sqft
ZIP code
01970
City
Salem
Street
Ocean Ave
Coordinates
42.50762, -70.89591

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,100
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 101 Ocean Ave last sell?
101 Ocean Ave most recently sold on Sep 12, 2022 for $850,000.
What is the current tax assessment for 101 Ocean Ave?
The most recent total assessment for 101 Ocean Ave (year 2025) is $974,500 with $11,051 in property tax.
How does 101 Ocean Ave's assessment compare to its last sale price?
The current assessment is 14.6% above the last sale price of $850,000.
When was 101 Ocean Ave built?
101 Ocean Ave was built in 1930.
How does 101 Ocean Ave compare to others on Ocean Ave?
We track 8 other properties on Ocean Ave. Browse the list under "Other properties on Ocean Ave" to compare beds, baths, and sale history.
What are the property facts for 101 Ocean Ave?
101 Ocean Ave is a 6 bed, 4 bath, 4,394 sqft, 4,652 sqft lot multi_family.
Is 101 Ocean Ave a flip candidate?
No — 101 Ocean Ave does not appear in our flips dataset.
Is 101 Ocean Ave a tax-appeal candidate?
No — 101 Ocean Ave 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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