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1 Savoy Rd

Salem, MA 01970

3 bd 2 ba 2,111 sqft Built 1920 Lot 4,370 sqft single_family
Most recent sale
$630,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $630,000 MLS #73008555
Jul 7, 2022 Listed $625,000 MLS #73008555

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $546,500 $248,000 $794,500 $9,010
2024 $522,000 $230,300 $752,300 $8,742
2023 $390,500 $212,600 $603,100 $7,545
2022 $337,500 $200,800 $538,300 $7,132
2021 $331,700 $200,800 $532,500 $7,349
2020 $302,100 $200,800 $502,900 $7,267
2019 $281,000 $194,900 $475,900 $7,186
2018 $267,600 $186,000 $453,600 $6,976
2017 $241,100 $168,300 $409,400 $6,493
2016 $241,100 $168,300 $409,400 $6,415
2015 $228,000 $156,500 $384,500 $6,310
2014 $211,700 $141,700 $353,400 $5,912
2006 $223,400 $176,200 $399,600 $4,480
2005 $215,700 $160,200 $375,900 $4,278
2004 $199,900 $141,700 $341,600 $4,000
2003 $126,200 $157,100 $283,300 $3,646

Property facts

Year built
1920
Property type
single_family
Stories
Beds
3
Baths
2
Living area
2,111 sqft
Lot size
4,370 sqft
ZIP code
01970
City
Salem
Street
Savoy Rd
Coordinates
42.50422, -70.88932

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,122
Gross rental yield
11.66%
Implied cap rate
7.58%
Trend-extrapolated value

Frequently asked questions

When did 1 Savoy Rd last sell?
1 Savoy Rd most recently sold on Aug 4, 2022 for $630,000.
What is the current tax assessment for 1 Savoy Rd?
The most recent total assessment for 1 Savoy Rd (year 2025) is $794,500 with $9,010 in property tax.
How does 1 Savoy Rd's assessment compare to its last sale price?
The current assessment is 26.1% above the last sale price of $630,000.
When was 1 Savoy Rd built?
1 Savoy Rd was built in 1920.
How does 1 Savoy Rd compare to others on Savoy Rd?
We track 4 other properties on Savoy Rd. Browse the list under "Other properties on Savoy Rd" to compare beds, baths, and sale history.
What are the property facts for 1 Savoy Rd?
1 Savoy Rd is a 3 bed, 2 bath, 2,111 sqft, 4,370 sqft lot single_family.
Is 1 Savoy Rd a flip candidate?
No — 1 Savoy Rd does not appear in our flips dataset.
Is 1 Savoy Rd a tax-appeal candidate?
Yes — 1 Savoy Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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