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195 Salem St

Wilmington, MA 01887

2 bd 2 ba 1,357 sqft Built 2016 condos
Most recent sale
$489,900
Nov 16, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2021 Sold $489,900 MLS #72901755
Sep 29, 2021 Listed $489,900 MLS #72901755
Jul 13, 2016 Sold $384,500 MLS #71871433
Feb 9, 2016 Price changed $374,500 MLS #71871433
Jan 1, 2016 Price changed $369,000 MLS #71871433
Jul 10, 2015 Listed $364,000 MLS #71871433

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
1,357 sqft
Lot size
ZIP code
01887
City
Wilmington
Street
Salem St
Coordinates
42.57468, -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
$3,935
Gross rental yield
9.64%
Implied cap rate
6.27%
Trend-extrapolated value

Frequently asked questions

When did 195 Salem St last sell?
195 Salem St most recently sold on Nov 16, 2021 for $489,900.
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 8.3% above the last sale price of $489,900.
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, 1,357 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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