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137 Ocean Ave

Salem, MA 01970

4 bd 1 ba 1,500 sqft Built 1900 Lot 5,001 sqft single_family
Most recent sale
$483,000
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $483,000 MLS #73006544
Aug 31, 2022 Price changed $499,900 MLS #73006544
Jul 3, 2022 Listed $519,000 MLS #73006544
Jul 1, 2022 Listing removed $529,900 MLSPIN
Jun 3, 2022 Relisted $529,900 MLS #72928893
Mar 27, 2022 Relisted $529,900 MLS #72928893
Feb 8, 2022 Relisted $529,900 MLS #72928893
Dec 20, 2021 Listing removed $529,900 MLSPIN
May 14, 2020 Price changed $429,900 MLS #72608985
Feb 13, 2020 Price changed $434,900 MLS #72608985
Jan 17, 2020 Listed $439,900 MLS #72608985
Dec 15, 2018 Listing removed $420,000 MLSPIN
Nov 29, 2018 Price changed $420,000 MLS #72416588
Oct 27, 2018 Listed $430,000 MLS #72416588
Jul 12, 2017 Sold $295,000 MLS #72132482
May 30, 2017 Price changed $269,900 MLS #72132482
May 23, 2017 Price changed $289,900 MLS #72132482
May 19, 2017 Relisted $299,900 MLS #72132482
Mar 28, 2017 Listing removed $269,900 MLSPIN
Mar 17, 2017 Listed $269,900 MLS #72132482
Sep 22, 2016 Listing removed $280,000 MLSPIN
Sep 14, 2016 Price changed $280,000 MLS #72047560
Aug 17, 2016 Price changed $299,000 MLS #72047560
Aug 10, 2016 Price changed $325,000 MLS #72047560
Aug 3, 2016 Listed $350,000 MLS #72047560
Jun 20, 2008 Sold $241,000 MLS #70678666
Nov 16, 2007 Listed $249,500 MLS #70678666

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $277,500 $205,200 $482,700 $5,474
2024 $249,000 $195,000 $444,000 $5,159
2023 $216,900 $180,000 $396,900 $4,965
2022 $196,900 $174,000 $370,900 $4,914
2021 $188,000 $162,000 $350,000 $4,830
2020 $169,900 $153,000 $322,900 $4,666
2019 $162,100 $145,200 $307,300 $4,640
2018 $154,400 $138,000 $292,400 $4,497
2017 $145,500 $116,400 $261,900 $4,154
2016 $145,500 $111,000 $256,500 $4,019
2015 $136,400 $102,000 $238,400 $3,912
2014 $126,200 $102,000 $228,200 $3,818
2006 $162,400 $131,500 $293,900 $3,295
2005 $152,700 $121,800 $274,500 $3,124
2004 $143,800 $112,800 $256,600 $3,005
2003 $77,600 $124,500 $202,100 $2,601

Property facts

Year built
1900
Property type
single_family
Stories
Beds
4
Baths
1
Living area
1,500 sqft
Lot size
5,001 sqft
ZIP code
01970
City
Salem
Street
Ocean Ave
Coordinates
42.50766, -70.89853

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
$4,350
Gross rental yield
10.81%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 137 Ocean Ave last sell?
137 Ocean Ave most recently sold on Oct 17, 2022 for $483,000.
What is the current tax assessment for 137 Ocean Ave?
The most recent total assessment for 137 Ocean Ave (year 2025) is $482,700 with $5,474 in property tax.
How does 137 Ocean Ave's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $483,000.
When was 137 Ocean Ave built?
137 Ocean Ave was built in 1900.
How does 137 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 137 Ocean Ave?
137 Ocean Ave is a 4 bed, 1 bath, 1,500 sqft, 5,001 sqft lot single_family.
Is 137 Ocean Ave a flip candidate?
No — 137 Ocean Ave does not appear in our flips dataset.
Is 137 Ocean Ave a tax-appeal candidate?
No — 137 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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