7 Union St
Salem, MA 01970
2 bd 2 ba 794 sqft Built 1858 Lot 2,614 sqft condos
Most recent sale
$525,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $525,000 | MLS #72969466 |
| Apr 21, 2022 | Listed | $519,900 | MLS #72969466 |
| Oct 30, 2019 | Sold | $370,000 | MLS #72567915 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $506,100 | — | $506,100 | $5,739 |
| 2024 | $482,800 | — | $482,800 | $5,610 |
| 2023 | $398,400 | — | $398,400 | $4,984 |
| 2022 | $365,000 | — | $365,000 | $4,836 |
| 2021 | $344,800 | — | $344,800 | $4,758 |
Property facts
Year built
1858
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
794 sqft
Lot size
2,614 sqft
ZIP code
01970
City
Salem
Street
Union St
Coordinates
42.52227, -70.88947
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,303
Gross rental yield
5.26%
Implied cap rate
3.42%
Trend-extrapolated value
—
Frequently asked questions
When did 7 Union St last sell?
7 Union St most recently sold on May 27, 2022 for $525,000.
What is the current tax assessment for 7 Union St?
The most recent total assessment for 7 Union St (year 2025) is $506,100 with $5,739 in property tax.
How does 7 Union St's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $525,000.
When was 7 Union St built?
7 Union St was built in 1858.
How does 7 Union St compare to others on Union St?
We track 8 other properties on Union St. Browse the list under "Other properties on Union St" to compare beds, baths, and sale history.
What are the property facts for 7 Union St?
7 Union St is a 2 bed, 2 bath, 794 sqft, 2,614 sqft lot condos.
Is 7 Union St a flip candidate?
No — 7 Union St does not appear in our flips dataset.
Is 7 Union St a tax-appeal candidate?
No — 7 Union 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 Union St