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Off market
  • $923,900

    51 Forrester St, Salem, MA 01970

    6beds
    2,200sqft
    MultiFamily
    Built in 1890
    -- sqft lot
    $923,900 Zestimate®
    $420/sqft
    $3,454 Estimated rent

    Home value

    $923,900

    $878,000 - $970,000

    $3,454/mo

    Zestimate® history
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    $3,454/mo

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    $5,691/mo

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    $5,691/mo

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    What's special

    Contact the listing agents John & Cindy Farrell to see this home. 978-468-9576. Fantastic location! Investors and/or owner occupants, take notice of this two-family home with solid rental history, between Salem Common and Collins Cove. Both units feature high ceilings, spacious rooms, large windows, hardwood and pine floors, and decorative fireplaces. Unit 1 is an open floor plan with one bedroom, one bathroom, potential for 2nd bedroom, living, den, dining, and kitchen. Unit 2 has two bedrooms, one bathroom, living, dining, and kitchen. Potential for expansion on the 3rd floor. New electric panels including a house panel. Tandem off street parking. The commuter rail station, Salem Ferry, world class museums, Salem State University, shopping and restaurants all nearby. Salem... small city with a big heart!

    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: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Oil
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    Features
    • Flooring: Softwood, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Other, Metal
    Lot
    • Size: 2,613 sqft
    Details
    • Parcel number: SALEM35L0470

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1890

    Community & neighborhood

    Community
    • Community features: On Site Laundry Available
    Location
    • Region: Salem

    Other

    Other facts
    • Electricity not included in rent
    • Gas not included in rent
    • Granite Countertops
    • New Appliances
    • Water included in rent

    Price history

    DateEventPrice
    8/27/2021Sold$775,000+8.4%$352/sqft
    Source: MLS PIN #72867813 Report a problem
    7/26/2021Pending sale$715,000$325/sqft
    Source: MLS PIN #72867813 Report a problem
    7/21/2021Contingent$715,000$325/sqft
    Source: MLS PIN #72867813 Report a problem
    7/19/2021Listed for sale$715,000+32.4%$325/sqft
    Source: MLS PIN #72867813 Report a problem
    2/26/2021Listing removed--
    Source: Owner Report a problem
    8/18/2020Listing removed$2,500$1/sqft
    Source: Owner Report a problem
    8/12/2020Listed for rent$2,500$1/sqft
    Source: Owner Report a problem
    5/21/2019Sold$540,000-6.1%$245/sqft
    Source: Public Record Report a problem
    4/10/2019Pending sale$575,000$261/sqft
    Source: Coldwell Banker Residential Brokerage - Beverly #72422797 Report a problem
    1/23/2019Price change$575,000-1.7%$261/sqft
    Source: Coldwell Banker Residential Brokerage - Beverly #72422797 Report a problem
    12/29/2018Price change$585,000-2.3%$266/sqft
    Source: Coldwell Banker Residential Brokerage - Beverly #72422797 Report a problem
    11/12/2018Listed for sale$599,000+66.9%$272/sqft
    Source: Coldwell Banker Residential Brokerage - Beverly #72422797 Report a problem
    12/12/2014Sold$359,000+378.7%$163/sqft
    Source: Public Record Report a problem
    3/10/1999Sold$75,000$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,419 +6%$742,400 +8.6%
    2024$7,941 +2.2%$683,400 +10%
    2023$7,770 $621,100
    2022$7,770 +17.3%$621,100 +29.4%
    2021$6,623 +1.9%$479,900 +6.7%
    2020$6,497 +2.4%$449,600 +7%
    2019$6,342 +8.6%$420,000 +10.6%
    2018$5,841 +7.4%$379,800 +10.8%
    2017$5,438 +2.7%$342,900 +1.5%
    2016$5,293 +3.2%$337,800 +8.1%
    2015$5,130 +12%$312,600 +14.2%
    2014$4,581 +7.2%$273,800 +0.1%
    2012$4,275 -1%$273,500 -4.7%
    2011$4,318 +0%$286,900 -6.9%
    2010$4,316 -2.8%$308,100 -10.4%
    2009$4,442 +2.2%$343,800 -7.7%
    2008$4,345 +0.3%$372,300 -7.4%
    2007$4,330 +5.1%$402,000 +9.4%
    2006$4,121 +4.1%$367,600 +5.6%
    2005$3,960 +5.1%$348,000 +8.1%
    2004$3,769 +27%$321,900 +39.7%
    2003$2,967 +12.1%$230,500 +17.8%
    2002$2,646 +15.2%$195,600 +29.2%
    1999$2,297 +49.3%$151,400 +24.5%
    1994$1,538 $121,600

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: SALTONSTALL
    • Middle: COLLINS
    • 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
    $923,900
    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
    $923,900