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7 Pine St

Salem, MA 01970

2 bd 2 ba 1,241 sqft Built 1900 condos
Most recent sale
$400,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2024 Sold $438,000 MLSPIN
Jul 26, 2024 Price changed $469,000 MLSPIN
Jun 20, 2024 Price changed $480,000 MLSPIN
Jun 12, 2024 Listed $499,000 MLSPIN
Jun 22, 2022 Sold $400,000 MLS #72968141
May 13, 2022 Price changed $389,000 MLS #72968141
Apr 19, 2022 Listed $399,000 MLS #72968141
Apr 3, 2021 Listing removed $2,200 MLSPIN
Mar 18, 2021 Listing removed $2,200 MLSPIN
Mar 10, 2021 Price changed for rent $2,200 MLSPIN
Jan 8, 2021 Listed for rent $2,100 MLSPIN
Feb 28, 2019 Listing removed $2,200 MLSPIN
Dec 31, 2018 Listed for rent $2,200 MLSPIN
Sep 28, 2016 Sold $289,000 MLS #72050567
Aug 9, 2016 Listed $289,000 MLS #72050567
Jun 26, 2012 Listing removed $245,000 MLSPIN
Apr 24, 2012 Listed $245,000 MLS #71372008
Jan 30, 2006 Sold $282,000 MLS #70291634
Nov 9, 2005 Listed $288,000 MLS #70291634
Jul 20, 2001 Sold $190,000 Public Record
Nov 21, 1997 Sold $116,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $356,500 $356,500 $4,724
2021 $333,600 $333,600 $4,604
2020 $310,000 $310,000 $4,480
2019 $289,600 $289,600 $4,373
2018 $269,700 $269,700 $4,148
2017 $253,900 $253,900 $4,027
2016 $238,100 $238,100 $3,731
2015 $227,700 $227,700 $3,737
2014 $219,300 $219,300 $3,669
2006 $289,500 $289,500 $3,245
2005 $245,900 $245,900 $2,798
2004 $213,100 $213,100 $2,495
2003 $158,900 $158,900 $2,045

Property facts

Year built
1900
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,241 sqft
Lot size
ZIP code
01970
City
Salem
Street
Pine St
Coordinates
42.51892, -70.90559

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
$3,599
Gross rental yield
10.80%
Implied cap rate
7.02%
Trend-extrapolated value

Frequently asked questions

When did 7 Pine St last sell?
7 Pine St most recently sold on Jun 22, 2022 for $400,000.
What is the current tax assessment for 7 Pine St?
The most recent total assessment for 7 Pine St (year 2022) is $356,500 with $4,724 in property tax.
How does 7 Pine St's assessment compare to its last sale price?
The current assessment is 10.9% below the last sale price of $400,000.
When was 7 Pine St built?
7 Pine St was built in 1900.
How does 7 Pine St compare to others on Pine St?
We track 5 other properties on Pine St. Browse the list under "Other properties on Pine St" to compare beds, baths, and sale history.
What are the property facts for 7 Pine St?
7 Pine St is a 2 bed, 2 bath, 1,241 sqft condos.
Is 7 Pine St a flip candidate?
No — 7 Pine St does not appear in our flips dataset.
Is 7 Pine St a tax-appeal candidate?
No — 7 Pine St 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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