55 Ocean Ave
Salem, MA 01970
3 bd 1 ba 1,395 sqft Built 1895 Lot 4,400 sqft condos
Most recent sale
$430,000
Jul 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 8, 2022 | Sold | $430,000 | MLS #72997761 |
| Jun 15, 2022 | Listed | $399,900 | MLS #72997761 |
| Mar 11, 2019 | Listing removed | $2,200 | MLSPIN |
| Feb 7, 2019 | Listed for rent | $2,200 | MLSPIN |
| Jan 17, 2019 | Relisted | $299,900 | MLS #72428465 |
| Jan 17, 2019 | Sold | $303,900 | Public Record |
| Nov 30, 2018 | Listed | $299,900 | MLS #72428465 |
| Apr 28, 2016 | Sold | $258,000 | MLS #71887950 |
| Mar 1, 2016 | Relisted | $259,900 | MLS #71887950 |
| Feb 29, 2016 | Listing removed | $259,900 | MLSPIN |
| Aug 11, 2015 | Listed | $259,900 | MLS #71887950 |
| Apr 14, 2005 | Sold | $275,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $434,500 | — | $434,500 | $4,927 |
| 2024 | $413,400 | — | $413,400 | $4,804 |
| 2023 | $372,300 | — | $372,300 | $4,657 |
| 2022 | $333,400 | — | $333,400 | $4,418 |
| 2021 | $315,000 | — | $315,000 | $4,347 |
| 2020 | $294,400 | — | $294,400 | $4,254 |
| 2019 | $267,400 | — | $267,400 | $4,038 |
| 2018 | $243,700 | — | $243,700 | $3,748 |
| 2017 | $231,600 | — | $231,600 | $3,673 |
| 2016 | $221,800 | — | $221,800 | $3,476 |
| 2015 | $212,000 | — | $212,000 | $3,479 |
| 2014 | $202,200 | — | $202,200 | $3,383 |
| 2006 | $248,100 | — | $248,100 | $2,781 |
| 2005 | $224,200 | — | $224,200 | $2,551 |
| 2004 | $200,400 | — | $200,400 | $2,347 |
Property facts
Year built
1895
Property type
condos
Stories
3
Beds
3
Baths
1
Living area
1,395 sqft
Lot size
4,400 sqft
ZIP code
01970
City
Salem
Street
Ocean Ave
Coordinates
42.50801, -70.89240
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,046
Gross rental yield
11.29%
Implied cap rate
7.34%
Trend-extrapolated value
—
Frequently asked questions
When did 55 Ocean Ave last sell?
55 Ocean Ave most recently sold on Jul 8, 2022 for $430,000.
What is the current tax assessment for 55 Ocean Ave?
The most recent total assessment for 55 Ocean Ave (year 2025) is $434,500 with $4,927 in property tax.
How does 55 Ocean Ave's assessment compare to its last sale price?
The current assessment is 1.0% above the last sale price of $430,000.
When was 55 Ocean Ave built?
55 Ocean Ave was built in 1895.
How does 55 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 55 Ocean Ave?
55 Ocean Ave is a 3 bed, 1 bath, 1,395 sqft, 4,400 sqft lot condos.
Is 55 Ocean Ave a flip candidate?
No — 55 Ocean Ave does not appear in our flips dataset.
Is 55 Ocean Ave a tax-appeal candidate?
No — 55 Ocean Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Ocean Ave