OFF MARKET

Off Market Jan 2020 for $590K

$859,122

•

2,548

sq ft

38 Raymond Rd, Salem, MA 01970

About this home

Well-maintained Two-Family home around the corner from Salem State University. The first unit has 2 bedrooms, a bath, kitchen, pantry and living room. The second unit has an identical layout to the first floor but also has a finished 2nd level (on the 3rd floor) that has a full bath, a kitchenette (just a sink) and 2 more rooms. The 3rd floor does not have a heat source. Hardwood floors in most rooms on 1st & 2nd floors. Small enclosed porch plus balcony off the second floor hallway. Oversize 2-car garage with loft storage. Nice yard that backs up to the rail trail. Parking for 3+ cars in the driveway. The roof on the home has been recently replaced. Down the street from Forest River Park & Beaches (no driving needed), and less than 10-minute drive to the commuter train (Salem OR Swampscott) and beautiful, historic downtown Salem.

Multi-familyProperty Type

1920Year Built

6,970 sq ftLot Size

$337Est. Price/Sq.Ft.

2 garage spacesParking

Listed by Armstrong Field Team • Armstrong Field Real Estate

Bought with Olga Ramiro Ban • Keller Williams Realty

Redfin checked: 2 minutes ago

•Source:MLS PIN #72596281

Redfin Estimate

$859,122

$269K since sold in January 2020$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 32.2% lower than the average sale price ($1.27M) of 6 comparable homes.

SOLD JUN 30, 2026
$1,461,000
A
4 beds2.5 baths3,231 sq ft
16 Hemenway Rd, Salem, MA 01970
SOLD JUL 1, 2026
$1,250,000
B
4 beds3.5 baths2,614 sq ft
6 Shetland Rd, Marblehead, MA 01945
SOLD JUL 22, 2026
$1,400,000
C
4 beds2 baths2,785 sq ft
8 Charlotte Rd, Marblehead, MA 01945
SOLD JUN 15, 2026
$878,000
D
4 beds3 baths3,192 sq ft
34 Forest Ave, Salem, MA 01970
SOLD JUL 2, 2026
$1,935,000
E
4 beds3.5 baths3,097 sq ft
18 Rose Ave, Marblehead, MA 01945
SOLD JUL 29, 2026
$675,000
F
3 beds2.5 baths2,468 sq ft
16 Laurent Rd, Salem, MA 01970

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Earn from this home

Sell

$405,544

Est. take-home

List your home with Redfin and save $4,296

Market trends in 01970, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.4%

+0.1% MoM

Median sale price

$620K

$10K MoM

Avg. days on market

21d

0 days MoM

Recently sold homes

145

19 MoM

New listings for sale

OPEN SUN, 12PM TO 1:30PM
$695,000
2 beds2 baths1,092 sq ft
65 Washington St #405, Salem, MA 01970
OPEN SUN, 1PM TO 2PM
$565,000
2 beds2.5 baths1,955 sq ft
22 Celestial Way Unit 19B, Salem, MA 01970
LISTED BY REDFIN 33 HRS AGO
$699,000
3 beds2.5 baths1,838 sq ft
5-7 Bradford St #5, Salem, MA 01970
$299,000
1 bed1 bath735 sq ft
163 North St #1, Salem, MA 01970
OPEN SUN, 1PM TO 2:30PM
$549,900
3 beds2 baths1,556 sq ft
1 Randall St, Salem, MA 01970
OPEN SUN, 11AM TO 12PM
$557,000
2 beds1 bath1,318 sq ft
6 Union St #3, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$749,900
3 beds3 baths2,450 sq ft
11 Mooney Rd, Salem, MA 01970
$575,000
2 beds2 baths1,644 sq ft
42 School St #2, Salem, MA 01970
OPEN SUN, 12PM TO 1:30PM
$850,000
7 beds2 baths2,918 sq ft
21 Jackson St, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$549,900
2 beds2 baths1,153 sq ft
40 Essex St #1, Salem, MA 01970
See all

Provided by Redfin

Sale history for 38 Raymond Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,971 (+3.9%)

$169,900 + $467,300

$637,200

2022

$7,674 (+1.9%)

$163,600 + $415,600

$579,200

2021

$7,529 (+14.2%)

$163,600 + $382,000

$545,600

2020

$6,592 (+0.6%)

$154,100 + $302,100

$456,200

2019

$6,553 (+9.1%)

$146,600 + $287,400

$434,000

2018

$6,007 (+2.8%)

$139,700 + $250,900

$390,600

2017

$5,841 (+5.7%)

$132,100 + $236,200

$368,300

2016

$5,525 (+2.6%)

$116,400 + $236,200

$352,600

2015

$5,384 (+13.7%)

$106,900 + $221,200

$328,100

2014

$4,736 (+4.2%)

$100,700 + $182,400

$283,100

2013

$4,544 (−0.6%)

$103,800 + $173,600

$277,400

2012

$4,572 (+0.7%)

$118,900 + $173,600

$292,500

2011

$4,538 (−1.2%)

$122,000 + $179,500

$301,500

2010

$4,591 (−3.1%)

$132,100 + $195,600

$327,700

2009

$4,739

$134,600 + $232,200

$366,800

Tax history for 38 Raymond Rd

Year

Property tax

Land + Additions

Assessment*

2023

$7,971 (+3.9%)

$169,900 + $467,300

$637,200

2022

$7,674 (+1.9%)

$163,600 + $415,600

$579,200

2021

$7,529 (+14.2%)

$163,600 + $382,000

$545,600

2020

$6,592 (+0.6%)

$154,100 + $302,100

$456,200

2019

$6,553 (+9.1%)

$146,600 + $287,400

$434,000

2018

$6,007 (+2.8%)

$139,700 + $250,900

$390,600

2017

$5,841 (+5.7%)

$132,100 + $236,200

$368,300

2016

$5,525 (+2.6%)

$116,400 + $236,200

$352,600

2015

$5,384 (+13.7%)

$106,900 + $221,200

$328,100

2014

$4,736 (+4.2%)

$100,700 + $182,400

$283,100

2013

$4,544 (−0.6%)

$103,800 + $173,600

$277,400

2012

$4,572 (+0.7%)

$118,900 + $173,600

$292,500

2011

$4,538 (−1.2%)

$122,000 + $179,500

$301,500

2010

$4,591 (−3.1%)

$132,100 + $195,600

$327,700

2009

$4,739

$134,600 + $232,200

$366,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

6,970 Sq. Ft.

Year renovated

—

Sq. Ft.

2,048

Year built

1920

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2133941

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 19, 2023.

Residential One-Family District

For the purposes of promoting the more efficient use of land in harmony with its natural features and with the general intent of the Zoning Ordinance and to protect and promote the health, safety, convenience and general welfare of the inhabitants of the City, an owner or owners of a tract of land situated within the R1 One-Family Residential Districts, RC Residential Conservation Districts, R2 Two-Family Residential Districts and R3 Multifamily Residential Districts or a duly authorized agency thereof may, in connection with the submission of a subdivision plan for Planning Board approval under the Subdivision Control Law or, if no such approval is required, after consultation with the Planning Board, make application to the Planning Board for a special permit excepting his plan from the lot area and frontage requirement

Permitted uses

Include but are not limited to:

Religious facility
Day care facility
Housing-Single unit
Public service
Golf related

Property details

Parking

Parking Information
Has Garage
Has Open Parking
# of Garage Spaces: 2
# of Covered Spaces: 2
Parking Spaces: 4
Parking Features: Paved Drive, Off Street, Paved

Interior

Bathroom Information
# of Bathrooms (Full): 3

Basement Information
Basement: Full, Walk-Out Access, Bulkhead, Concrete

Interior Features
# of Rooms (Total): 13
Window Features: Insulated Windows
Flooring: Varies, Hardwood
Interior Features: Living Room, Kitchen, Office/Den

Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N

Unit #2 Information
# of Levels: 2
# of Floors: 2
Lease: N

Exterior

Building Information
Building Area (Total): 2,548
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Lead Paint: Yes

Exterior Features
Roof: Shingle
Patio And Porch Features: Porch

Property Information
PropertySubType: Multi Family

Lot Information
Lot Size (Acres): 0.16
Lot Features: Easements
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $6,553
Tax Year: 2019

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 100 Amp Service, Individually Metered

Heating & Cooling
Has Heating
Heating: Steam, Oil, Baseboard, Other
Heating Units: 2

Location

Location Information
Directions: Loring Ave (Rt 1A) to Raymond Rd
UnparsedAddress: 38 Raymond Road, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,048
Stories: 2.0
Lot Size: 6,970 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1920
Year Renovated: —
County: Essex County
APN: 2133941

Home facts updated by county records on Jul 19, 2023

Other

Miscellaneous Information
Heat Zones: 2

Listing Information
StandardStatus: Closed

Around this home

Schools

Saltonstall School

Public K-8 • Assigned • 1.0mi

5/10

Salem High School

Public 9-12 • Assigned • 1.1mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

8/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

7/10 Wind Factor

78% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Salem, MA • 01970

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.2 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.2 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$817,000 – $988,000

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Home values near 38 Raymond Rd

Data from public records.

Address	Redfin Estimate
34 Raymond Rd, Salem, MA 2 Beds \| 1 Baths \| 866 Sq. Ft.	$475,013
48 Raymond Rd, Salem, MA 3 Beds \| 1.5 Baths \| 1738 Sq. Ft.	$842,996

Address	Redfin Estimate
40 Raymond Rd, Salem, MA 3 Beds \| 1.5 Baths \| 1311 Sq. Ft.	$725,089
50 Raymond Rd, Salem, MA 1 Beds \| 1 Baths \| 1989 Sq. Ft.	$693,686

Address	Redfin Estimate
46 Raymond Rd, Salem, MA 6 Beds \| 3.5 Baths \| 2974 Sq. Ft.	$840,974
51 Raymond Rd, Salem, MA 4 Beds \| 2.5 Baths \| 1824 Sq. Ft.	$767,475

Property information provided by MLS PIN when last listed in 2019. This data may not match . Learn more.

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