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195 Salem St

Wilmington, MA 01887

2 bd 2 ba 1,340 sqft Built 2016 condos
Most recent sale
$494,900
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $494,900 MLS #72943869
Feb 17, 2022 Listed $494,900 MLS #72943869
Jul 12, 2016 Sold $382,000 MLS #72002383
May 10, 2016 Listed $382,000 MLS #72002383

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $530,400 $530,400 $6,073
2024 $511,500 $511,500 $5,846
2023 $480,200 $480,200 $5,734
2022 $439,700 $439,700 $5,729
2021 $411,600 $411,600 $5,697
2020 $421,400 $421,400 $5,723
2019 $408,900 $408,900 $5,622
2018 $369,300 $369,300 $5,322
2017 $363,600 $363,600 $5,254
2016 $351,900 $351,900 $5,148

Property facts

Year built
2016
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,340 sqft
Lot size
ZIP code
01887
City
Wilmington
Street
Salem St
Coordinates
42.57367, -71.16905

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
$3,886
Gross rental yield
9.42%
Implied cap rate
6.12%
Trend-extrapolated value

Frequently asked questions

When did 195 Salem St last sell?
195 Salem St most recently sold on Mar 18, 2022 for $494,900.
What is the current tax assessment for 195 Salem St?
The most recent total assessment for 195 Salem St (year 2025) is $530,400 with $6,073 in property tax.
How does 195 Salem St's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $494,900.
When was 195 Salem St built?
195 Salem St was built in 2016.
How does 195 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 195 Salem St?
195 Salem St is a 2 bed, 2 bath, 1,340 sqft condos.
Is 195 Salem St a flip candidate?
No — 195 Salem St does not appear in our flips dataset.
Is 195 Salem St a tax-appeal candidate?
No — 195 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
+5.8%
Implied 1-yr
+23.1%
2026 Q2
$1.15M
2026 Q3
$1.19M
ZIP 01887 — Median Price History + Forecast

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