OFF MARKET

Off Market Aug 2015 for $389K

$725,089

Est. refi paymentEst. refi $884/mo

•

1,311

sq ft

40 Raymond Rd, Salem, MA 01970

About this home

Absolute dream opportunity to buy into this highly desirable neighborhood. Great for empty nesters and young families. Short distance to the Marblehead line and the ocean. Just pack your bags and move in! Beautiful gleaming hardwood floors throughout. Gorgeous kitchen with direct access to family room and a beautiful landscaped yard great for entertaining. Basement has workshop, half bath and endless possibilities for man/woman cave, exercise room. Brick driveway and one car attached garage. Don't miss out !!

Single-familyProperty Type

1950Year Built

8,900 sq ftLot Size

$553Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Julianna Tache • Tache Real Estate, Inc.

Bought with Francis Santaniello • Weichert REALTORS® Blueprint Brokers

Redfin checked: a minute ago

•Source:MLS PIN #71875144

Redfin Estimate

$725,089

$336K since sold in August 2015$6,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 2.9% lower than the average sale price ($747K) of 6 comparable homes.

SOLD JUL 15, 2026
$760,000
A
3 beds1.5 baths1,793 sq ft
88 Moffatt Rd, Salem, MA 01970
SOLD JUL 13, 2026
$580,000
B
3 beds2 baths1,198 sq ft
15 Oak View Ave, Salem, MA 01970
SOLD JUL 7, 2026
$746,000
C
3 beds1 bath1,350 sq ft
2 Girdler Rd, Marblehead, MA 01945
SOLD JUL 17, 2026
$825,000
D
3 beds1.5 baths1,341 sq ft
66 Overlook Rd, Marblehead, MA 01945
SOLD JUL 30, 2026
$819,000
E
3 beds2 baths2,156 sq ft
5 Fairview Rd, Salem, MA 01970
SOLD JUL 27, 2026
$751,000
F
3 beds1.5 baths1,590 sq ft
282 Pleasant St, Marblehead, MA 01945

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Earn from this home

Sell

$452,154

Est. take-home

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Refinance

Est. cash available

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Rent

$3,320/mo

Redfin rental estimate

List your home for rent

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 40 Raymond Rd

Date

Event

Price

MLSPIN #73302893

Feb 21, 2025

Rental Removed

$3,900

$3/sq ft

Feb 17, 2025

Listed for Rent

$3,900

$3/sq ft

Jan 28, 2025

Rental Removed

$3,900

$3/sq ft

Oct 16, 2024

Listed for Rent

$3,900

$3/sq ft

MLS PIN #71875144

Aug 27, 2015

Listing Removed

—

Aug 27, 2015

Sold

$389,000

$297/sq ft

Jul 31, 2015

Pending

—

Jul 24, 2015

Relisted

—

Jul 21, 2015

Pending

—

Jul 17, 2015

Listed

$399,900

$305/sq ft

Public Records

Dec 2, 1996

Sold

$120,000

$92/sq ft

MLS PIN #30118410

Nov 29, 1996

Sold

$125,000

$95/sq ft

Jul 23, 1996

Listed

$139,900

$107/sq ft

Public Records

Jan 1, 1954

Sold

$18,000

$14/sq ft

Year

Property tax

Land + Additions

Assessment*

2023

$6,401 (+9.5%)

$177,800 + $333,900

$511,700

2022

$5,845 (+0.2%)

$171,200 + $269,900

$441,100

2021

$5,836 (+4.3%)

$171,200 + $251,700

$422,900

2020

$5,595 (+1.7%)

$161,300 + $225,900

$387,200

2019

$5,502 (+2.2%)

$153,400 + $211,000

$364,400

2018

$5,381 (+0.5%)

$146,200 + $203,700

$349,900

2017

$5,353 (+15.7%)

$138,300 + $199,200

$337,500

2016

$4,627 (+5.1%)

$121,800 + $173,500

$295,300

2015

$4,401 (+5.4%)

$111,900 + $156,300

$268,200

2014

$4,174 (+0.8%)

$105,400 + $144,100

$249,500

2013

$4,141 (−1.4%)

$108,700 + $144,100

$252,800

2012

$4,198 (+0.6%)

$124,500 + $144,100

$268,600

2011

$4,173 (+8.0%)

$127,700 + $149,600

$277,300

2010

$3,865 (+8.8%)

$138,300 + $137,600

$275,900

2009

$3,552

$140,900 + $134,000

$274,900

Tax history for 40 Raymond Rd

Year

Property tax

Land + Additions

Assessment*

2023

$6,401 (+9.5%)

$177,800 + $333,900

$511,700

2022

$5,845 (+0.2%)

$171,200 + $269,900

$441,100

2021

$5,836 (+4.3%)

$171,200 + $251,700

$422,900

2020

$5,595 (+1.7%)

$161,300 + $225,900

$387,200

2019

$5,502 (+2.2%)

$153,400 + $211,000

$364,400

2018

$5,381 (+0.5%)

$146,200 + $203,700

$349,900

2017

$5,353 (+15.7%)

$138,300 + $199,200

$337,500

2016

$4,627 (+5.1%)

$121,800 + $173,500

$295,300

2015

$4,401 (+5.4%)

$111,900 + $156,300

$268,200

2014

$4,174 (+0.8%)

$105,400 + $144,100

$249,500

2013

$4,141 (−1.4%)

$108,700 + $144,100

$252,800

2012

$4,198 (+0.6%)

$124,500 + $144,100

$268,600

2011

$4,173 (+8.0%)

$127,700 + $149,600

$277,300

2010

$3,865 (+8.8%)

$138,300 + $137,600

$275,900

2009

$3,552

$140,900 + $134,000

$274,900

*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

1.5

Stories

Lot width

—

Lot depth

—

Lot size

8,712 Sq. Ft.

Year renovated

—

Sq. Ft.

1,167

Year built

1950

Style

Single Family Residential

County

Essex County

APN

2133942

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: 1
# of Covered Spaces: 1
Parking Spaces: 2
AttachedGarageYN: Yes
Parking Features: Attached, Paved Drive, Off Street, Tandem

Interior

Master Bedroom Information
Level: First
Features: Flooring - Wood

Bedroom #2 Information
Level: First
Features: Flooring - Wood

Bedroom #3 Information
Level: First
Features: Flooring - Wood

Bathroom Information
# of Bathrooms (Full): 1
# of Bathrooms (Half): 1

Bathroom #1 Information
Level: First
Features: Bathroom - Full

Bathroom #2 Information
Level: Basement
Features: Bathroom - Half

Living Room Information
Level: First
Features: Flooring - Wood

Family Room Information
Level: First
Features: Ceiling Fan(s),Flooring - Wood

Dining Room Information
Level: First
Features: Flooring - Wood

Kitchen Information
Level: First
Features: Flooring - Wood

Basement Information
Basement: Full

Laundry Information
Laundry Features: In Basement, Gas Dryer Hookup

Interior Features
# of Rooms (Total): 7
Window Features: Screens
Flooring: Wood, Tile
Interior Features: Exercise Room, Sauna/Steam/Hot Tub, Wet Bar

Exterior

Building Information
Building Area (Total): 1,311
Foundation Details: Concrete Perimeter
Construction Materials: Frame
Year Built Source: Public Records
Year Built Details: Approximate
Color: White

Exterior Features
Fencing: Fenced
Roof: Shingle
Patio And Porch Features: Deck
Exterior Features: Deck, Rain Gutters, Storage, Professional Landscaping, Sprinkler System, Screens, Fenced Yard

Property Information
PropertySubType: Single Family Residence
Property AttachedYN: Yes
Security Features: Security System
Other Structures: Workshop

Lot Information
Lot Size (Acres): 0.2
Lot Features: Flood Plain
Road Frontage Type: Public

Financial

Tax Information
Tax Annual Amount: $4,401.16
Tax Year: 2015

Utilities

Utility Information
Utilities: for Gas Range, for Gas Oven, for Gas Dryer
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers

Heating & Cooling
Has Heating
Has Cooling
Heating: Hot Water, Natural Gas
Cooling: Central Air

Location

Location Information
Directions: Lafayette to Raymond Ave to Raymond Road
UnparsedAddress: 40 Raymond Road, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, University

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,167
Stories: 1.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Essex County
APN: 2133942

Home facts updated by county records on Jul 19, 2023

Other

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 • 1.2mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

6/10 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

$689,000 – $834,000

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Home values near 40 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
38 Raymond Rd, Salem, MA 4 Beds \| 3 Baths \| 2548 Sq. Ft.	$859,122
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
54 Raymond Rd, Salem, MA 3 Beds \| 2.5 Baths \| 2020 Sq. Ft.	$943,410

Property information provided by MLS PIN when last listed in 2025. This data may not match . Learn more.

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