71 Summer St
Salem, MA 01970
6 bd 2 ba 2,337 sqft Built 1920 Lot 2,927 sqft multi_family
Most recent sale
$600,000
Jan 6, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 6, 2023 | Sold | $600,000 | MLSPIN |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $417,900 | $194,600 | $612,500 | $6,946 |
| 2024 | $387,100 | $184,900 | $572,000 | $6,647 |
| 2023 | $343,400 | $170,700 | $514,100 | $6,431 |
| 2022 | $335,600 | $165,000 | $500,600 | $6,633 |
| 2021 | $301,700 | $153,600 | $455,300 | $6,283 |
| 2020 | $281,500 | $145,100 | $426,600 | $6,164 |
| 2019 | $266,000 | $137,700 | $403,700 | $6,096 |
| 2018 | $239,000 | $130,900 | $369,900 | $5,689 |
| 2017 | $223,900 | $110,400 | $334,300 | $5,302 |
| 2016 | $223,900 | $105,300 | $329,200 | $5,159 |
| 2015 | $208,400 | $96,700 | $305,100 | $5,007 |
| 2014 | $170,300 | $96,700 | $267,000 | $4,467 |
| 2006 | $227,900 | $124,700 | $352,600 | $3,953 |
| 2005 | $218,500 | $115,500 | $334,000 | $3,801 |
| 2004 | $202,500 | $107,000 | $309,500 | $3,624 |
| 2003 | $113,200 | $115,100 | $228,300 | $2,938 |
Property facts
Year built
1920
Property type
multi_family
Stories
3
Beds
6
Baths
2
Living area
2,337 sqft
Lot size
2,927 sqft
ZIP code
01970
City
Salem
Street
Summer St
Coordinates
42.51763, -70.89768
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$6,777
Gross rental yield
13.55%
Implied cap rate
8.81%
Trend-extrapolated value
—
Frequently asked questions
When did 71 Summer St last sell?
71 Summer St most recently sold on Jan 6, 2023 for $600,000.
What is the current tax assessment for 71 Summer St?
The most recent total assessment for 71 Summer St (year 2025) is $612,500 with $6,946 in property tax.
How does 71 Summer St's assessment compare to its last sale price?
The current assessment is 2.1% above the last sale price of $600,000.
When was 71 Summer St built?
71 Summer St was built in 1920.
How does 71 Summer St compare to others on Summer St?
We track 8 other properties on Summer St. Browse the list under "Other properties on Summer St" to compare beds, baths, and sale history.
What are the property facts for 71 Summer St?
71 Summer St is a 6 bed, 2 bath, 2,337 sqft, 2,927 sqft lot multi_family.
Is 71 Summer St a flip candidate?
No — 71 Summer St does not appear in our flips dataset.
Is 71 Summer St a tax-appeal candidate?
No — 71 Summer 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
Explore nearby
Geography
Other properties on Summer St