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Sold for $725,000
  • $725,000

    14 Lathrop St, Salem, MA 01970

    5beds
    1,912sqft
    Multi Family
    Built in 1850
    -- sqft lot
    $734,700 Zestimate®
    $379/sqft
    $3,403 Estimated rent

    Home value

    $734,700

    Estimated sales range

    Not available

    $3,403/mo

    Zestimate® history
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    What's special

    New kitchensStainless steel appliancesRecently updated unitsWashers and dryersUpdated granite counters
    Big Price Adjustment! Priced to Sell! Just steps to Salem's burgeoning waterfront and bustling downtown, this two-family home in an ultra-desirable location is perfect for investors and home owners alike. Close to Downtown Salem, Salem State University, Collins Cove & more, this two family home offers recently updated units, complete with new kitchens and baths. Minutes to Salem's MBTA Commuter Rail Station with easy access to Boston. Property is completely turn key with stainless steel appliances, updated granite counters and cabinets and washers & dryers. Unit 1 is a 2 bedroom and 1 bath. Unit 2 is a two-level, townhouse/loft style unit with 3 bedrooms and 1.5 bath. Property to be delivered vacant but, was bringing in $6,000 a month in rent! Fully insulated through the Mass Save program. Great opportunity! Don't miss out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Deveau 617-828-0048,

    Century 21 Mario Real Estate 617-569-6044

    Bought with:

    Aria Mathur

    Lamacchia Realty, Inc.

    Source: MLS PIN,MLS#: 73455967

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Electric, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Laundry: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
    Features
    • Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom with Shower Stall, Open Floorplan, Smart Thermostat, Remodeled, Internet Available - Unknown, Living Room, Kitchen, Laundry Room, Loft, Office/Den
    • Flooring: Wood
    • Doors: Insulated Doors
    • Windows: Insulated Windows
    • Basement: Walk-Out Access,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,912
    • Total interior livable area: 1,912 sqft
    • Finished area above ground: 1,912

    Property

    Parking
    • Total spaces: 3
    • Parking features: Paved Drive, Off Street, Tandem, Driveway, Paved
    • Uncovered spaces: 3
    Features
    • Patio & porch: Porch, Patio
    • Exterior features: Rain Gutters, Garden, Stone Wall
    • Fencing: Fenced
    • Waterfront features: Beach Access, Harbor, Ocean, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
    Lot
    • Size: 2,108 sqft
    • Features: Level
    Details
    • Parcel number: M:36 L:0334,2137467
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1850

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 6000

    Price history

    DateEventPrice
    2/2/2026Sold$725,000-0.7%$379/sqft
    Source: MLS PIN #73455967 Report a problem
    12/19/2025Contingent$729,900$382/sqft
    Source: MLS PIN #73455967 Report a problem
    11/29/2025Price change$729,900-6.4%$382/sqft
    Source: MLS PIN #73455967 Report a problem
    11/18/2025Listed for sale$779,900+122.8%$408/sqft
    Source: MLS PIN #73455967 Report a problem
    11/16/2023Sold$350,000-22.2%$183/sqft
    Source: MLS PIN #73150518 Report a problem
    8/21/2023Listed for sale$450,000$235/sqft
    Source: MLS PIN #73150518 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,958 +8.2%$437,200 +10.8%
    2024$4,584 +5.1%$394,500 +13.2%
    2023$4,360 $348,500
    2022$4,360 -3.4%$348,500 +6.6%
    2021$4,513 +1.6%$327,000 +6.4%
    2020$4,440 +1%$307,300 +5.6%
    2019$4,396 +7.9%$291,100 +9.9%
    2018$4,074 +9.1%$264,900 +12.5%
    2017$3,733 +3.2%$235,400 +1.9%
    2016$3,618 +3.8%$230,900 +8.8%
    2015$3,484 +11.6%$212,300 +13.8%
    2014$3,122 +3.3%$186,600 -3.5%
    2012$3,021 -1.2%$193,300 -4.8%
    2011$3,057 -3.4%$203,100 -10.1%
    2010$3,166 -4%$226,000 -11.5%
    2009$3,298 +1.5%$255,300 -8.3%
    2008$3,250 +0.3%$278,500 -7.4%
    2007$3,241 +6.2%$300,900 +10.5%
    2006$3,051 +4.4%$272,200 +6%
    2005$2,922 +3.3%$256,800 +6.2%
    2004$2,830 +21.3%$241,700 +33.3%
    2003$2,333 +13.3%$181,300 +19.1%
    2002$2,059 +29.5%$152,200 +45.2%
    1999$1,590 +35.2%$104,800 +12.7%
    1994$1,176 $93,000

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bates
    • Middle: Salem Middle
    • High: Salem High

    Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $734,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $734,700