Google street view image for 40 Balcomb St, Salem, MA 01970

OFF MARKET

$969,921

•

3 ba

•

3,467

sq ft

40 Balcomb St, Salem, MA 01970

About this home

40 Balcomb St is a 3,467 square foot multi-family home on a 3,920 square foot lot with 11 bedrooms and 3 bathrooms. Based on Redfin's Salem data, we estimate the home's value is $969,921.

Multi-familyProperty Type

1880Year Built

3,920 sq ftLot Size

$280Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$969,921

$7,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 1.7% lower than the average sale price ($987K) of 6 comparable homes.

SOLD DEC 19, 2025
$900,000
A
5 beds3 baths3,217 sq ft
19 Cushing St, Salem, MA 01970
SOLD JUL 31, 2026
$1,375,000
B
4 beds2.5 baths3,417 sq ft
20 Winter St, Salem, MA 01970
SOLD JUL 28, 2026
$900,000
C
8 beds3 baths3,419 sq ft
39 Mason St, Salem, MA 01970
SOLD JUL 2, 2026
$1,002,500
D
8 beds4 baths3,943 sq ft
6 Pearl St, Salem, MA 01970
SOLD JUN 22, 2026
$1,055,000
E
6 beds3 baths3,145 sq ft
19 Appleton St, Salem, MA 01970
SOLD MAY 29, 2026
$690,000
F
5 beds2 baths2,430 sq ft
82 Flint St, Salem, MA 01970

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Earn from this home

Sell

$920,852

Est. take-home

List your home with Redfin and save $4,850

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

NEW 7 HRS AGO
$749,900
3 beds3 baths2,450 sq ft
11 Mooney Rd, Salem, MA 01970
NEW 10 HRS AGO
$575,000
2 beds2 baths1,644 sq ft
42 School St #2, Salem, MA 01970
OPEN SAT, 12PM TO 1:30PM
$850,000
7 beds2 baths2,918 sq ft
21 Jackson St, Salem, MA 01970
OPEN SAT, 11:30AM TO 1PM
$549,900
2 beds2 baths1,153 sq ft
40 Essex St #1, Salem, MA 01970
EARLY ACCESS
$699,000
3 beds2.5 baths1,838 sq ft
5 Bradford St, Salem, MA 01970
OPEN SAT, 12PM TO 1:30PM
$449,000
2 beds2 baths1,064 sq ft
10 Norman St #502, Salem, MA 01970
EARLY ACCESS
$600,000
2 beds2 baths1,419 sq ft
15 1st St Unit A2, Salem, MA 01970
$325,000
3 beds1 bath807 sq ft
11 Read St #1, Salem, MA 01970
$1,100,000
3 beds2 baths1,567 sq ft
16 Franklin St #2401, Salem, MA 01970
$1,275,000
8 beds4 baths3,400 sq ft
1-7 Prince, Salem, MA 01970
See all

Provided by Redfin

Sale history for 40 Balcomb St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2023

$8,111 (+0.1%)

$175,500 + $472,900

$648,400

2022

$8,100 (+4.4%)

$169,700 + $441,600

$611,300

2021

$7,756 (+5.4%)

$158,000 + $404,000

$562,000

2020

$7,361 (+17.8%)

$149,200 + $360,200

$509,400

2019

$6,248 (+7.8%)

$141,600 + $272,200

$413,800

2018

$5,798 (+7.2%)

$134,600 + $242,400

$377,000

2017

$5,408 (+2.8%)

$113,500 + $227,500

$341,000

2016

$5,260 (+2.6%)

$108,200 + $227,500

$335,700

2015

$5,125 (+13.0%)

$99,500 + $212,800

$312,300

2014

$4,536 (+4.5%)

$99,500 + $171,600

$271,100

2013

$4,342 (−1.4%)

$99,500 + $165,600

$265,100

2012

$4,403 (−3.9%)

$106,500 + $175,200

$281,700

2011

$4,584 (+0.4%)

$106,500 + $198,100

$304,600

2010

$4,566 (−2.6%)

$111,200 + $214,700

$325,900

2009

$4,689

$117,000 + $245,900

$362,900

Tax history for 40 Balcomb St

Year

Property tax

Land + Additions

Assessment*

2023

$8,111 (+0.1%)

$175,500 + $472,900

$648,400

2022

$8,100 (+4.4%)

$169,700 + $441,600

$611,300

2021

$7,756 (+5.4%)

$158,000 + $404,000

$562,000

2020

$7,361 (+17.8%)

$149,200 + $360,200

$509,400

2019

$6,248 (+7.8%)

$141,600 + $272,200

$413,800

2018

$5,798 (+7.2%)

$134,600 + $242,400

$377,000

2017

$5,408 (+2.8%)

$113,500 + $227,500

$341,000

2016

$5,260 (+2.6%)

$108,200 + $227,500

$335,700

2015

$5,125 (+13.0%)

$99,500 + $212,800

$312,300

2014

$4,536 (+4.5%)

$99,500 + $171,600

$271,100

2013

$4,342 (−1.4%)

$99,500 + $165,600

$265,100

2012

$4,403 (−3.9%)

$106,500 + $175,200

$281,700

2011

$4,584 (+0.4%)

$106,500 + $198,100

$304,600

2010

$4,566 (−2.6%)

$111,200 + $214,700

$325,900

2009

$4,689

$117,000 + $245,900

$362,900

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

Zoning

Residential Two-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
Housing-Multiple units
Public service
Museum / gallery
Golf related

Property details

Interior

Basement Information
Basement Sq. Ft: 1,269

Bathroom Information
# of Full Baths: 3

Heating & Cooling
Heating Type: Forced Hot Water

Room Information
# of Rooms: 15

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Multi-Family
Construction Type: Frame
Exterior Wall: Wood Siding/Shingle
Roof Shape Type: Gable

Property Information
Subdivision Name: ES POOR ESTATE
Living Sq. Ft: 3,467
Gross Sq. Ft: 5,312
# of Units: 3
# of Stories: 3

Lot Information
# of Buildings: 1
Land Sq. Ft: 3,920
Municipality Name: SALEM
Acres: 0.09
Zoning Code: R2
State Use Description: 3-FAMILY RESIDENCE

Financial

Assessor Information
Assessment Year: 2023

Public facts

Beds: 11
Baths: 3.0
Sq. Ft.: 3,467
Stories: 3.0
Lot Size: 3,920 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1880
Year Renovated: —
County: Essex County
APN: 2129659

Home facts updated by county records on Jul 19, 2023

Around this home

Schools

Bates

Public PreK-5 • Assigned • 0.4mi

7/10

Collins Middle School

Public 6-8 • Assigned • 1.1mi

6/10

Salem Prep High School

Public 9-12 • Assigned • 1.0mi

Salem High School

Public 9-12 • Assigned • 1.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 96° expected this year, 15 days in 30 years

6/10 Wind Factor

72% 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 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$922,000 – $1.12M

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New listings for sale in 01970

NEW 7 HRS AGO

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11 Mooney Rd, Salem, MA 01970

NEW 10 HRS AGO

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2 beds2 baths1,644 sq ft

42 School St #2, Salem, MA 01970

OPEN SAT, 12PM TO 1:30PM

$850,000

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OPEN SAT, 11:30AM TO 1PM

$549,900

2 beds2 baths1,153 sq ft

40 Essex St #1, Salem, MA 01970

EARLY ACCESSREDFIN COMING SOON

$699,000

3 beds2.5 baths1,838 sq ft

5 Bradford St, Salem, MA 01970

OPEN SAT, 12PM TO 1:30PM

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10 Norman St #502, Salem, MA 01970

EARLY ACCESSCOLDWELL BANKER REALTY COMING SOON

$600,000

2 beds2 baths1,419 sq ft

15 1st St Unit A2, Salem, MA 01970

$325,000

3 beds1 bath807 sq ft

11 Read St #1, Salem, MA 01970

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Home values near 40 Balcomb St

Data from public records.

Address	Redfin Estimate
37 Balcomb St, Salem, MA 3 Beds \| 2 Baths \| 1136 Sq. Ft.	$649,039
43 Balcomb St, Salem, MA 3 Beds \| 1.5 Baths \| 1834 Sq. Ft.	$643,843

Address	Redfin Estimate
39 Balcomb St, Salem, MA 3 Beds \| 1 Baths \| 1974 Sq. Ft.	$683,453
45 Balcomb St, Salem, MA 2 Beds \| 1.5 Baths \| 2029 Sq. Ft.	$695,141

Address	Redfin Estimate
41 Balcomb St, Salem, MA 3 Beds \| 1 Baths \| 1349 Sq. Ft.	$588,653
44 Balcomb St, Salem, MA 3 Beds \| 2 Baths \| 1274 Sq. Ft.	$697,850

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