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7 Union St

Salem, MA 01970

3 bd 3 ba 1,667 sqft Built 1858 Lot 2,400 sqft condos
Most recent sale
$690,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $690,000 MLS #73007610
Jul 6, 2022 Listed $699,000 MLS #73007610
Nov 12, 2019 Sold $465,000 MLS #72567912

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $667,000 $667,000 $7,564
2024 $637,900 $637,900 $7,412
2023 $530,800 $530,800 $6,640
2022 $478,700 $478,700 $6,343
2021 $452,300 $452,300 $6,242

Property facts

Year built
1858
Property type
condos
Stories
2
Beds
3
Baths
3
Living area
1,667 sqft
Lot size
2,400 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 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,834
Gross rental yield
8.41%
Implied cap rate
5.46%
Trend-extrapolated value

Frequently asked questions

When did 7 Union St last sell?
7 Union St most recently sold on Sep 30, 2022 for $690,000.
What is the current tax assessment for 7 Union St?
The most recent total assessment for 7 Union St (year 2025) is $667,000 with $7,564 in property tax.
How does 7 Union St's assessment compare to its last sale price?
The current assessment is 3.3% below the last sale price of $690,000.
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 3 bed, 3 bath, 1,667 sqft, 2,400 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 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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