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42 Salem St

Wakefield, MA 01880

3 bd 2 ba 1,710 sqft Built 1978 condos
Most recent sale
$560,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $560,000 MLS #73008435
Jul 7, 2022 Listed $529,900 MLS #73008435
Nov 14, 2014 Sold $255,000 MLS #71730366
Sep 11, 2014 Price changed $289,900 MLS #71730366
Aug 18, 2014 Listed $300,000 MLS #71730366
Jul 17, 1978 Sold $44,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $593,000 $593,000 $6,731
2024 $548,600 $548,600 $6,172
2023 $400,100 $400,100 $4,693
2022 $369,300 $369,300 $4,550
2021 $348,400 $348,400 $4,435
2020 $348,400 $348,400 $4,449
2019 $331,000 $331,000 $4,247
2018 $278,700 $278,700 $3,609
2017 $253,100 $253,100 $3,298
2016 $259,400 $259,400 $3,499
2015 $258,400 $258,400 $3,483
2014 $251,000 $251,000 $3,208
2006 $309,300 $309,300 $2,873
2005 $253,500 $253,500 $2,297
2004 $179,600 $179,600 $2,047
2003 $189,600 $189,600 $2,097

Property facts

Year built
1978
Property type
condos
Stories
3
Beds
3
Baths
2
Living area
1,710 sqft
Lot size
ZIP code
01880
City
Wakefield
Street
Salem St
Coordinates
42.50891, -71.06714

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
$4,959
Gross rental yield
10.63%
Implied cap rate
6.91%
Trend-extrapolated value

Frequently asked questions

When did 42 Salem St last sell?
42 Salem St most recently sold on Aug 15, 2022 for $560,000.
What is the current tax assessment for 42 Salem St?
The most recent total assessment for 42 Salem St (year 2025) is $593,000 with $6,731 in property tax.
How does 42 Salem St's assessment compare to its last sale price?
The current assessment is 5.9% above the last sale price of $560,000.
When was 42 Salem St built?
42 Salem St was built in 1978.
How does 42 Salem St compare to others on Salem St?
We track 8 other properties on Salem St. Browse the list under "Other properties on Salem St" to compare beds, baths, and sale history.
What are the property facts for 42 Salem St?
42 Salem St is a 3 bed, 2 bath, 1,710 sqft condos.
Is 42 Salem St a flip candidate?
No — 42 Salem St does not appear in our flips dataset.
Is 42 Salem St a tax-appeal candidate?
No — 42 Salem 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
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$832.4K
2026 Q4
$835.3K
ZIP 01880 — Median Price History + Forecast

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