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18 Settlers Way

Salem, MA 01970

2 bd 2 ba 1,629 sqft Built 1980 condos
Most recent sale
$675,000
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $675,000 MLS #72938121
Apr 4, 2022 Price changed $679,000 MLS #72938121
Jan 31, 2022 Listed $699,000 MLS #72938121
Jul 15, 2015 Sold $460,800 Public Record
May 31, 1994 Sold $158,000 Public Record
Mar 27, 1987 Sold $169,590 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $637,300 $637,300 $7,227
2024 $619,000 $619,000 $7,193
2023 $533,900 $533,900 $6,679
2022 $493,100 $493,100 $6,534
2021 $493,100 $493,100 $6,805
2020 $501,600 $501,600 $7,248
2019 $478,700 $478,700 $7,228
2018 $447,800 $447,800 $6,887
2017 $415,200 $415,200 $6,585
2016 $387,600 $387,600 $6,074
2015 $387,400 $387,400 $6,357
2014 $363,700 $363,700 $6,085
2006 $405,000 $405,000 $4,540
2005 $361,600 $361,600 $4,115
2004 $334,100 $334,100 $3,912
2003 $265,700 $265,700 $3,420

Property facts

Year built
1980
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,629 sqft
Lot size
ZIP code
01970
City
Salem
Street
Settlers Way
Coordinates
42.52994, -70.88096

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
$4,724
Gross rental yield
8.40%
Implied cap rate
5.46%
Trend-extrapolated value

Frequently asked questions

When did 18 Settlers Way last sell?
18 Settlers Way most recently sold on Jul 19, 2022 for $675,000.
What is the current tax assessment for 18 Settlers Way?
The most recent total assessment for 18 Settlers Way (year 2025) is $637,300 with $7,227 in property tax.
How does 18 Settlers Way's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $675,000.
When was 18 Settlers Way built?
18 Settlers Way was built in 1980.
How does 18 Settlers Way compare to others on Settlers Way?
We track 8 other properties on Settlers Way. Browse the list under "Other properties on Settlers Way" to compare beds, baths, and sale history.
What are the property facts for 18 Settlers Way?
18 Settlers Way is a 2 bed, 2 bath, 1,629 sqft condos.
Is 18 Settlers Way a flip candidate?
No — 18 Settlers Way does not appear in our flips dataset.
Is 18 Settlers Way a tax-appeal candidate?
No — 18 Settlers Way 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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