40 Thomas St
Salem, NY 12865
4 bd 2 ba 1,514 sqft Built 1900 Lot 13,504 sqft single_family
Most recent sale
$155,000
Dec 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 2, 2022 | Sold | $155,000 | GlobalMLS |
| Sep 28, 2018 | Sold | $78,000 | GlobalMLS |
| Jul 30, 2018 | Relisted | $90,000 | GlobalMLS |
| Jul 19, 2018 | Listing removed | $90,000 | GlobalMLS |
| Jul 18, 2018 | Listed | $90,000 | GlobalMLS |
| Apr 11, 2012 | Sold | $60,000 | Public Record |
| Mar 29, 2012 | Sold | $60,000 | GlobalMLS |
| Jan 11, 2012 | Listing removed | $85,000 | SouthernAdirondack |
| Nov 7, 2011 | Listed | $85,000 | SouthernAdirondack |
| Oct 31, 2000 | Sold | $45,000 | Public Record |
| Oct 23, 2000 | Sold | $45,000 | GlobalMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $87,900 | $23,100 | $111,000 | $3,368 |
| 2024 | $87,900 | $23,100 | $111,000 | $3,056 |
| 2023 | $87,900 | $23,100 | $111,000 | $2,945 |
| 2022 | $50,500 | $4,900 | $55,400 | $2,878 |
| 2021 | $50,500 | $4,900 | $55,400 | $2,881 |
| 2020 | $50,500 | $4,900 | $55,400 | $2,890 |
| 2017 | $50,500 | $4,900 | $55,400 | $2,789 |
| 2016 | $50,500 | $4,900 | $55,400 | $2,809 |
| 2015 | $50,500 | $4,900 | $55,400 | $3,076 |
| 2014 | $50,500 | $4,900 | $55,400 | $2,971 |
| 2013 | $50,500 | $4,900 | $55,400 | $2,880 |
| 2012 | $50,500 | $4,900 | $55,400 | $2,427 |
| 2011 | $50,500 | $4,900 | $55,400 | $3,439 |
| 2010 | $50,500 | $4,900 | $55,400 | $4,609 |
| 2009 | $50,500 | $4,900 | $55,400 | $836 |
Property facts
Year built
1900
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
1,514 sqft
Lot size
13,504 sqft
ZIP code
12865
City
Salem
Street
Thomas St
Coordinates
43.17680, -73.32907
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
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 40 Thomas St last sell?
40 Thomas St most recently sold on Dec 2, 2022 for $155,000.
What is the current tax assessment for 40 Thomas St?
The most recent total assessment for 40 Thomas St (year 2025) is $111,000 with $3,368 in property tax.
How does 40 Thomas St's assessment compare to its last sale price?
The current assessment is 28.4% below the last sale price of $155,000.
When was 40 Thomas St built?
40 Thomas St was built in 1900.
How does 40 Thomas St compare to others on Thomas St?
We track 5 other properties on Thomas St. Browse the list under "Other properties on Thomas St" to compare beds, baths, and sale history.
What are the property facts for 40 Thomas St?
40 Thomas St is a 4 bed, 2 bath, 1,514 sqft, 13,504 sqft lot single_family.
Is 40 Thomas St a flip candidate?
No — 40 Thomas St does not appear in our flips dataset.
Is 40 Thomas St a tax-appeal candidate?
No — 40 Thomas 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
-5.6%
Implied 1-yr
-22.5%
2026 Q1
$141.1K
2026 Q2
$128.6K
ZIP 12865 — Median Price History + Forecast
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