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Sold for $878,000
  • $878,000

    34 Forest Ave, Salem, MA 01970

    4beds
    3,192sqft
    Multi Family
    Built in 1920
    -- sqft lot
    $877,800 Zestimate®
    $275/sqft
    $3,650 Estimated rent

    Home value

    $877,800

    $816,000 - $948,000

    $3,650/mo

    Zestimate® history
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    What's special

    Selling a great two family, directly across from Salem State College. It has great potential with a third floor space. This could be a strong investment property

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Elwell 978-879-6440,

    MerryFox Realty 978-808-8064

    Bought with:

    Kenia Brea-Gonzalez

    Boston Realty Services and Partners, LLC

    Source: MLS PIN,MLS#: 73503621

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Natural Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    Features
    • Ceiling Fan(s), Living Room, Kitchen
    • Flooring: Wood, Hardwood
    • Basement: Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 3,192
    • Total interior livable area: 3,192 sqft
    • Finished area above ground: 3,192

    Property

    Parking
    • Total spaces: 4
    • Parking features: Paved Drive
    • Uncovered spaces: 4
    Features
    • Patio & porch: Deck - Wood
    Lot
    • Size: 4,901 sqft
    • Features: Steep Slope
    Details
    • Parcel number: M:33 L:0012,2134526
    • Zoning: B4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Well

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Public School, University
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 5200

    Price history

    DateEventPrice
    6/15/2026Sold$878,000-2.3%$275/sqft
    Source: MLS PIN #73503621 Report a problem
    6/11/2026Pending sale$899,000$282/sqft
    Source: MLS PIN #73503621 Report a problem
    4/24/2026Price change$899,000+5.8%$282/sqft
    Source: MLS PIN #73503621 Report a problem
    4/17/2026Listed for sale$850,000+214.8%$266/sqft
    Source: MLS PIN #73503621 Report a problem
    11/12/2010Sold$270,000+0%$85/sqft
    Source: Public Record Report a problem
    10/22/2010Listed for sale$269,900$85/sqft
    Source: Neil Anastas #71153246 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,584 +8.9%$668,800 +11.6%
    2024$6,966 +2.8%$599,500 +10.7%
    2023$6,774 $541,500
    2022$6,774 +4.6%$541,500 +15.4%
    2021$6,478 +6%$469,400 +11%
    2020$6,109 +1%$422,800 +5.5%
    2019$6,049 +8.4%$400,600 +10.4%
    2018$5,581 +7.8%$362,900 +11.2%
    2017$5,177 +2.7%$326,400 +1.5%
    2016$5,039 +3.3%$321,600 +8.2%
    2015$4,877 +13.1%$297,200 +15.3%
    2014$4,311 +6.6%$257,700 -0.4%
    2012$4,045 -0.3%$258,800 -4%
    2011$4,057 -1.4%$269,600 -8.2%
    2010$4,116 -6.1%$293,800 -13.4%
    2009$4,382 +1.1%$339,200 -8.7%
    2008$4,334 +1.5%$371,400 -6.3%
    2007$4,269 +6.8%$396,400 +11.2%
    2006$3,997 +3.9%$356,600 +5.5%
    2005$3,848 +5.8%$338,100 +8.8%
    2004$3,638 +25.3%$310,700 +37.7%
    2003$2,903 +10.8%$225,600 +16.5%
    2002$2,619 +3.2%$193,600 +15.7%
    1999$2,538 +37.1%$167,300 +14.4%
    1994$1,851 $146,300

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $877,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $877,800