15 Phelps St
Salem, MA 01970
6 bd 2 ba 3,560 sqft Built 1917 Lot 6,351 sqft multi_family
Most recent sale
$753,500
Aug 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 30, 2022 | Sold | $753,500 | MLS #72975195 |
| Jun 2, 2022 | Relisted | $699,900 | MLS #72975195 |
| May 3, 2022 | Listed | $699,900 | MLS #72975195 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $498,700 | $186,100 | $684,800 | $8,567 |
| 2022 | $483,200 | $179,900 | $663,100 | $8,786 |
| 2021 | $433,600 | $167,500 | $601,100 | $8,295 |
| 2020 | $397,400 | $158,200 | $555,600 | $8,028 |
| 2019 | $375,200 | $150,100 | $525,300 | $7,932 |
| 2018 | $331,300 | $142,700 | $474,000 | $7,290 |
| 2017 | $309,200 | $120,300 | $429,500 | $6,812 |
| 2016 | $309,200 | $114,700 | $423,900 | $6,643 |
| 2015 | $276,000 | $105,400 | $381,400 | $6,259 |
| 2014 | $229,900 | $105,400 | $335,300 | $5,610 |
| 2006 | $310,800 | $136,000 | $446,800 | $5,009 |
| 2005 | $297,700 | $125,900 | $423,600 | $4,821 |
| 2004 | $275,600 | $116,600 | $392,200 | $4,593 |
| 2003 | $152,100 | $130,600 | $282,700 | $3,638 |
Property facts
Year built
1917
Property type
multi_family
Stories
3
Beds
6
Baths
2
Living area
3,560 sqft
Lot size
6,351 sqft
ZIP code
01970
City
Salem
Street
Phelps St
Coordinates
42.51617, -70.90155
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
$4,521
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 15 Phelps St last sell?
15 Phelps St most recently sold on Aug 30, 2022 for $753,500.
What is the current tax assessment for 15 Phelps St?
The most recent total assessment for 15 Phelps St (year 2023) is $684,800 with $8,567 in property tax.
How does 15 Phelps St's assessment compare to its last sale price?
The current assessment is 9.1% below the last sale price of $753,500.
When was 15 Phelps St built?
15 Phelps St was built in 1917.
How does 15 Phelps St compare to others on Phelps St?
We track 8 other properties on Phelps St. Browse the list under "Other properties on Phelps St" to compare beds, baths, and sale history.
What are the property facts for 15 Phelps St?
15 Phelps St is a 6 bed, 2 bath, 3,560 sqft, 6,351 sqft lot multi_family.
Is 15 Phelps St a flip candidate?
No — 15 Phelps St does not appear in our flips dataset.
Is 15 Phelps St a tax-appeal candidate?
No — 15 Phelps St 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
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Geography
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