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Off market
  • $1,016,400

    5 Hersey St, Salem, MA 01970

    5beds
    3,300sqft
    MultiFamily
    Built in 1915
    -- sqft lot
    $1,016,400 Zestimate®
    $308/sqft
    $3,574 Estimated rent

    Home value

    $1,016,400

    $945,000 - $1.10M

    $3,574/mo

    Zestimate® history
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    $6,309/mo

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    $6,309/mo

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    What's special

    Salem State University area ! Immaculate two family home lovingly cared for by current owners for 40+ years. This home offers high ceilings, wood floors and beautiful moldings. Both units have extra large kitchens, walk in pantries, living & dining rooms plus 2 bedrooms. Extra bonus is the heated 3rd floor with 3 large rooms, full bathroom and front & rear staircases for easy future expansion. Double 14ft decks overlook backyard with a nice lawn area and 1 car garage. Low maintenance aluminum siding and newer replacement windows. Huge basement, updated forced air heating systems and oil tanks. Separate natural gas for cooking in each unit.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Oil
    Features
    • Flooring: Tile, Hardwood
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 3,300 sqft

    Property

    Parking
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 4,791 Square Feet
    Details
    • Parcel number: SALEM33L0028

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Slate
    Condition
    • Year built: 1915

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $308/sqft
    • Tax assessed value: $843,700
    • Annual tax amount: $9,568

    Price history

    DateEventPrice
    6/17/2019Sold$540,000+8%$164/sqft
    Source: Public Record Report a problem
    5/29/2019Pending sale$499,900$151/sqft
    Source: RE/MAX On the River #72504440 Report a problem
    5/22/2019Listed for sale$499,900$151/sqft
    Source: RE/MAX On the River, Inc. #72504440 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,568 +9.3%$843,700 +12%
    2024$8,750 +3%$753,000 +10.8%
    2023$8,498 $679,300
    2022$8,498 +5.2%$679,300 +16.1%
    2021$8,077 +6.5%$585,300 +11.5%
    2020$7,586 +1%$525,000 +5.6%
    2019$7,508 +8.9%$497,200 +11%
    2018$6,892 +5.5%$448,100 +8.8%
    2017$6,531 +2.4%$411,800 +1.2%
    2016$6,378 +3.2%$407,000 +8%
    2015$6,182 +14%$376,700 +16.3%
    2014$5,421 +8.4%$324,000 +1.3%
    2012$5,000 -1%$319,900 -4.6%
    2011$5,048 -1.4%$335,400 -8.2%
    2010$5,121 -5.6%$365,500 -13%
    2009$5,425 +1.4%$419,900 -8.4%
    2008$5,348 +0.7%$458,300 -7.1%
    2007$5,311 +7.1%$493,100 +11.5%
    2006$4,957 +0.6%$442,200 +2.1%
    2005$4,928 +5.6%$433,000 +8.6%
    2004$4,668 +32.3%$398,600 +45.4%
    2003$3,529 +9.6%$274,200 +15.2%
    2002$3,221 +12.5%$238,100 +26.1%
    1999$2,864 +47.3%$188,800 +22.8%
    1994$1,944 $153,700
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

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

    Source: The MLS. 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
    $1,016,400
    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
    $1,016,400