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Off market
    • $645,100

    40 Highland Ave, Salem, MA 01970

    3beds
    1,426sqft
    Single Family Residence
    Built in 1915
    9,649 Square Feet Lot
    $645,100 Zestimate®
    $452/sqft
    $3,627 Estimated rent

    Home value

    $645,100

    $587,000 - $710,000

    $3,627/mo

    Zestimate® history
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    What's special

    Situated overlooking Highland Ave this three bedroom home with an office and a spacious front porch and attached store front that was once the Lavender Basket Tea Room is in a commuter friendly location close to Salem Hospital, Salem Middle School and all the downtown Salem has to offer. This well loved home needs to be extensively renovated to bring it back life but well worth the effort.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Hines 617-519-9323,

    Coldwell Banker Realty - Lynnfield 781-334-5700

    Bought with:

    Eric Sullivan

    New Western Acquisitions

    Source: MLS PIN,MLS#: 73112179

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Closet, Flooring - Laminate
    • Level: Second
    Bedroom 2
    • Features: Closet, Flooring - Laminate
    • Level: Second
    Bedroom 3
    • Features: Closet, Flooring - Laminate
    • Level: Second
    Dining room
    • Features: Flooring - Wall to Wall Carpet
    • Level: First
    Kitchen
    • Features: Flooring - Vinyl, Pantry
    • Level: First
    Living room
    • Features: Flooring - Wall to Wall Carpet
    • Level: First
    Office
    • Features: Flooring - Laminate
    • Level: Second
    Heating
    • Oil
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Electric Water Heater, Range, Refrigerator
    Features
    • Office, Internet Available - Broadband
    • Flooring: Vinyl, Carpet, Laminate
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,426
    • Total interior livable area: 1,426 sqft

    Property

    Parking
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch - Enclosed, Deck, Covered
    • Exterior features: Porch - Enclosed, Deck, Covered Patio/Deck, Rain Gutters
    Lot
    • Size: 9,649 Square Feet
    • Features: Corner Lot, Sloped
    Details
    • Parcel number: 2131325
    • Zoning: R3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other (See Remarks)
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle
    Condition
    • Year built: 1915

    Utilities & green energy

    • Electric: Fuses
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, University
    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $452/sqft
    • Tax assessed value: $312,400
    • Annual tax amount: $3,908
    • Date on market: 12/19/2025
    • Listing terms: Contract

    Price history

    DateEventPrice
    7/29/2024Listing removed$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    7/27/2024Listed for sale$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    5/13/2024Contingent$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    4/28/2024Listed for sale$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    4/24/2024Contingent$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    4/15/2024Listed for sale$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    1/5/2024Listing removed$630,000$442/sqft
    Source: MLS PIN #73182906 Report a problem
    12/11/2023Price change$630,000-3.1%$442/sqft
    Source: MLS PIN #73182906 Report a problem
    11/27/2023Listed for sale$649,900+116.6%$456/sqft
    Source: MLS PIN #73182906 Report a problem
    7/11/2023Sold$300,000-18.9%$210/sqft
    Source: MLS PIN #73112179 Report a problem
    6/8/2023Contingent$369,900$259/sqft
    Source: MLS PIN #73112179 Report a problem
    5/16/2023Listed for sale$369,900$259/sqft
    Source: MLS PIN #73112179 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,433 +4.6%$390,900 +7.2%
    2024$4,237 +8.4%$364,600 +16.7%
    2023$3,908 $312,400
    2022$3,908 +1.2%$312,400 +11.6%
    2021$3,863 -10.6%$279,900 -6.4%
    2020$4,322 -3.6%$299,100 +0.7%
    2019$4,485 +6.9%$297,000 +8.8%
    2018$4,197 +8.7%$272,900 +12.1%
    2017$3,860 +1.2%$243,400
    2016$3,814 +4.1%$243,400 +9%
    2015$3,664 +2.3%$223,300 +4.3%
    2014$3,582 +1%$214,100 -5.7%
    2012$3,548 +0.3%$227,000 -3.4%
    2011$3,537 +1.8%$235,000 -5.3%
    2010$3,476 +2.3%$248,100 -5.6%
    2009$3,397 +8.6%$262,900 -1.9%
    2008$3,128 +6.9%$268,000 -1.4%
    2007$2,927 -1.6%$271,800 +2.4%
    2006$2,976 +4.8%$265,500 +6.4%
    2005$2,839 +6%$249,500 +9.1%
    2004$2,678 +14.6%$228,700 +26%
    2003$2,336 +17.5%$181,500 +23.6%
    2002$1,988 +5.7%$146,900 +18.5%
    1999$1,881 +28.2%$124,000 +6.9%
    1994$1,467 $116,000
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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
    $645,100
    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
    $645,100

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