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42 Tremont St

Salem, MA 01970

3 bd 2 ba 1,461 sqft Built 1880 Lot 3,027 sqft single_family
Most recent sale
$425,000
Jan 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Sold $520,000 MLSPIN
Oct 13, 2022 Price changed $499,000 MLS #73039131
Sep 21, 2022 Listed $599,000 MLS #73039131
Jan 14, 2022 Sold $425,000 MLS #72914370
Oct 29, 2021 Listed $439,900 MLS #72914370
Jul 25, 2006 Sold $255,000 MLS #70345063
Mar 9, 2006 Listed $269,000 MLS #70345063

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $386,000 $168,300 $554,300 $6,286
2024 $364,200 $168,300 $532,500 $6,188
2023 $323,700 $154,000 $477,700 $5,976
2022 $218,300 $148,300 $366,600 $4,857
2021 $208,500 $139,800 $348,300 $4,807
2020 $186,700 $125,500 $312,200 $4,511
2019 $178,200 $114,100 $292,300 $4,414
2018 $169,600 $106,100 $275,700 $4,240
2017 $159,800 $99,800 $259,600 $4,117
2016 $159,800 $81,000 $240,800 $3,773
2015 $150,200 $81,000 $231,200 $3,794
2014 $138,700 $81,000 $219,700 $3,676
2006 $162,000 $116,500 $278,500 $3,122
2005 $152,000 $110,900 $262,900 $2,992
2004 $142,900 $102,700 $245,600 $2,876
2003 $80,200 $117,200 $197,400 $2,541

Property facts

Year built
1880
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,461 sqft
Lot size
3,027 sqft
ZIP code
01970
City
Salem
Street
Tremont St
Coordinates
42.52549, -70.90775

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,237
Gross rental yield
11.96%
Implied cap rate
7.78%
Trend-extrapolated value

Frequently asked questions

When did 42 Tremont St last sell?
42 Tremont St most recently sold on Jan 14, 2022 for $425,000.
What is the current tax assessment for 42 Tremont St?
The most recent total assessment for 42 Tremont St (year 2025) is $554,300 with $6,286 in property tax.
How does 42 Tremont St's assessment compare to its last sale price?
The current assessment is 30.4% above the last sale price of $425,000.
When was 42 Tremont St built?
42 Tremont St was built in 1880.
How does 42 Tremont St compare to others on Tremont St?
We track 8 other properties on Tremont St. Browse the list under "Other properties on Tremont St" to compare beds, baths, and sale history.
What are the property facts for 42 Tremont St?
42 Tremont St is a 3 bed, 2 bath, 1,461 sqft, 3,027 sqft lot single_family.
Is 42 Tremont St a flip candidate?
Yes — 42 Tremont St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 42 Tremont St a tax-appeal candidate?
No — 42 Tremont 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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