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29 Ocean Ave

Salem, MA 01970

2 bd 1 ba 1,121 sqft Built 1890 Lot 4,713 sqft condos
Most recent sale
$440,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 3, 2026 Sold $470,000 MLSPIN
Jan 14, 2026 Listed $479,900 MLSPIN
May 9, 2022 Sold $440,000 MLS #72956391
Mar 23, 2022 Listed $374,900 MLS #72956391
Mar 30, 2007 Sold $253,000 MLS #70526049
Feb 14, 2007 Listed $259,000 MLS #70526049

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $435,300 $435,300 $4,936
2024 $414,300 $414,300 $4,814
2023 $372,700 $372,700 $4,662
2022 $340,000 $340,000 $4,505
2021 $321,400 $321,400 $4,435
2020 $303,000 $303,000 $4,378
2019 $275,200 $275,200 $4,156
2018 $244,400 $244,400 $3,759
2017 $232,100 $232,100 $3,681
2016 $216,400 $216,400 $3,391
2015 $201,300 $201,300 $3,303
2014 $192,100 $192,100 $3,214

Property facts

Year built
1890
Property type
condos
Stories
3
Beds
2
Baths
1
Living area
1,121 sqft
Lot size
4,713 sqft
ZIP code
01970
City
Salem
Street
Ocean Ave
Coordinates
42.50833, -70.88941

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
$3,251
Gross rental yield
8.87%
Implied cap rate
5.76%
Trend-extrapolated value

Frequently asked questions

When did 29 Ocean Ave last sell?
29 Ocean Ave most recently sold on May 9, 2022 for $440,000.
What is the current tax assessment for 29 Ocean Ave?
The most recent total assessment for 29 Ocean Ave (year 2025) is $435,300 with $4,936 in property tax.
How does 29 Ocean Ave's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $440,000.
When was 29 Ocean Ave built?
29 Ocean Ave was built in 1890.
How does 29 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 29 Ocean Ave?
29 Ocean Ave is a 2 bed, 1 bath, 1,121 sqft, 4,713 sqft lot condos.
Is 29 Ocean Ave a flip candidate?
No — 29 Ocean Ave does not appear in our flips dataset.
Is 29 Ocean Ave a tax-appeal candidate?
No — 29 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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