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Sold for $915,000
  • $915,000

    16 Oakland St, Salem, MA 01970

    4beds
    1,955sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $921,900 Zestimate®
    $468/sqft
    $3,138 Estimated rent

    Home value

    $921,900

    $848,000 - $1.00M

    $3,138/mo

    Zestimate® history
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    What's special

    Timeless hardwood floorsTasteful backsplashesPlenty of storageElegant trim throughoutLarge array of windowsStone counter topsEat-in kitchens
    Rare multi-family opportunity in North Salem! Natural light drenches both units from the large array of windows, further warmed by timeless hardwood floors and elegant trim throughout. The eat-in kitchens are equipped with stone counter tops, tasteful backsplashes and plenty of storage, perfect for residents with culinary ambitions! Each unit has their own separate and convenient driveways for off street parking. The attic is unfinished, though equipped with a full staircase, creating an interesting opportunity for unit expansion. Located in desirable North Salem, this property is close to many amenities including the MBTA Salem Station, restaurants and shops. An amazing opportunity for investors and live-in owners alike!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Alianza Group 978-693-5643,

    Nina-Soto Realty, LLC 978-594-1292

    Bought with:

    Heather Ann Reidy

    Keller Williams Realty Boston Northwest

    Source: MLS PIN,MLS#: 73475049

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Appliances
    • Included: Range, Dishwasher, Microwave, Refrigerator
    Features
    • Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
    • Flooring: Hardwood
    • Basement: Full,Partially Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,955
    • Total interior livable area: 1,955 sqft
    • Finished area above ground: 1,955

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive
    • Uncovered spaces: 4
    Features
    • Patio & porch: Porch
    • Fencing: Fenced/Enclosed
    Lot
    • Size: 3,498 Square Feet
    Details
    • Parcel number: M:17 L:0229,2129643
    • Zoning: R2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1925

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $468/sqft
    • Tax assessed value: $702,100
    • Annual tax amount: $7,962
    • Date on market: 3/13/2026
    • Total actual rent: 5890

    Price history

    DateEventPrice
    4/1/2026Sold$915,000-2.7%$468/sqft
    Source: MLS PIN #73475049 Report a problem
    2/16/2026Contingent$940,000$481/sqft
    Source: MLS PIN #73475049 Report a problem
    2/6/2026Listed for sale$940,000+108.9%$481/sqft
    Source: MLS PIN #73475049 Report a problem
    12/30/2022Sold$450,000-14.3%$230/sqft
    Source: MLS PIN #73044733 Report a problem
    12/9/2022Contingent$525,000$269/sqft
    Source: MLS PIN #73044733 Report a problem
    12/7/2022Listed for sale$525,000+5.2%$269/sqft
    Source: MLS PIN #73044733 Report a problem
    10/12/2022Contingent$499,000$255/sqft
    Source: MLS PIN #73044733 Report a problem
    10/5/2022Listed for sale$499,000$255/sqft
    Source: MLS PIN #73044733 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,962 +4.4%$702,100 +7%
    2024$7,624 +21.7%$656,100 +31%
    2023$6,264 $500,700
    2022$6,264 +2.4%$500,700 +12.9%
    2021$6,120 +1.9%$443,500 +6.7%
    2020$6,007 +1%$415,700 +5.6%
    2019$5,946 +7.9%$393,800 +9.9%
    2018$5,509 +7.5%$358,200 +10.9%
    2017$5,123 +2.9%$323,000 +1.6%
    2016$4,980 +3.1%$317,800 +8%
    2015$4,829 +11.8%$294,300 +14%
    2014$4,318 +6.6%$258,100 -0.4%
    2012$4,051 -0.6%$259,200 -4.2%
    2011$4,074 +0.4%$270,700 -6.6%
    2010$4,059 -2.2%$289,700 -9.9%
    2009$4,152 +2.4%$321,400 -7.5%
    2008$4,056 +0.9%$347,600 -6.9%
    2007$4,019 +4.8%$373,200 +9.1%
    2006$3,836 +4.1%$342,200 +5.7%
    2005$3,685 +4.9%$323,800 +7.9%
    2004$3,513 +21.8%$300,000 +33.8%
    2003$2,885 +12.3%$224,200 +18.1%
    2002$2,568 +30.7%$189,800 +46.6%
    1999$1,965 +21.4%$129,500 +1.3%
    1994$1,618 $127,900
    Find assessor info on the county website

    Neighborhood: Mack Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $921,900
    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
    $921,900