OFF MARKET

Off Market Mar 2025 for $784K

$819,891

•

2,336

sq ft

48 Balcomb St, Salem, MA 01970

About this home

Meticulously maintained, owner occupied 2 family home conveniently located in Salem near the Peabody line. Unit 1-Enter to a spacious living room with lots of natural sunlight, a dining room, a bedroom with two closets, an extra-large eat in kitchen with access to the rear yard and a full bath. 1st floor boasts hardwood flooring in 3 rooms & vinyl flooring in the kitchen. Unit 2 is multi level-. the 1st level has a front hall, a large living room, a dining room, a bedroom (currently an office), and a full bath. The 2nd floor offers two oversized bedrooms each with their own staircase & large closet. Wall-to-wall carpeting on both levels and vinyl flooring in the kitchen. There is a fenced yard with a large storage shed. Interior and exterior access to the basement that hosts washer & dryer hook ups. Updated Electrical, Hot Water Tanks, Oil Tanks and Windows. Parking for 3 cars in the driveway. Minutes to the commuter rail, downtown Salem, restaurants & shops as well as major routes.

Multi-familyProperty Type

1900Year Built

2,801 sq ftLot Size

$351Est. Price/Sq.Ft.

3 spacesParking

Listed by Maria Salzillo • J. Barrett & Company

Bought with Team Blue • ERA Key Realty Services

Redfin checked: 2 minutes ago

•Source:MLS PIN #73328476

Redfin Estimate

$819,891

$36K since sold in March 2025$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 10.2% higher than the average sale price ($744K) of 6 comparable homes.

SOLD APR 21, 2026
$620,000
A
3 beds2 baths1,880 sq ft
8 Cushing St #2, Salem, MA 01970
SOLD AUG 6, 2026
$611,000
B
2 beds2 baths2,052 sq ft
7 May St, Salem, MA 01970
SOLD DEC 3, 2025
$771,000
C
3 beds2 baths2,123 sq ft
13 Highland St, Salem, MA 01970
SOLD MAY 14, 2026
$757,000
D
3 beds2 baths1,818 sq ft
17 Orchard St, Salem, MA 01970
SOLD MAY 29, 2026
$690,000
E
5 beds2 baths2,430 sq ft
82 Flint St, Salem, MA 01970
SOLD JUL 24, 2026
$1,015,000
F
3 beds2 baths2,106 sq ft
3 Cove Ave, Beverly, MA 01915

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Earn from this home

Sell

$168,257

Est. take-home

List your home with Redfin and save $4,099

Market trends in 01970, MA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.3%

0.1% MoM

Median sale price

$625K

$5K MoM

Avg. days on market

22d

1 days MoM

Recently sold homes

151

6 MoM

New listings for sale

OPEN TODAY, 12PM TO 1:30PM
$689,000
3 beds2.5 baths1,860 sq ft
87 Bridge St #2, Salem, MA 01970
NEW 17 HRS AGO
$1,100,000
3 beds2 baths1,479 sq ft
16 Franklin St #2203, Salem, MA 01970
NEW 29 HRS AGO
$1,999,000
20 beds6 baths7,044 sq ft
21 Palmer St, Salem, MA 01970
NEW 33 HRS AGO
$259,000
2 beds1 bath609 sq ft
44 Pingree St #5, Salem, MA 01970
OPEN TODAY, 10:30AM TO 12PM
$599,900
4 beds2 baths1,842 sq ft
3 Cleveland St, Salem, MA 01970
OPEN TODAY, 12PM TO 1:30PM
$489,900
2 beds2 baths1,351 sq ft
28 America Way #3, Salem, MA 01970
OPEN SUN, 11AM TO 12:30PM
$799,900
3 beds2.5 baths2,196 sq ft
5 Willson Rd, Salem, MA 01970
OPEN SUN, 11:30AM TO 1PM
$1,069,900
4 beds2.5 baths2,322 sq ft
33 Strongwater Dr, Salem, MA 01970
OPEN TODAY, 12PM TO 2PM
$699,000
4 beds2 baths1,909 sq ft
24 Ord St, Salem, MA 01970
OPEN TODAY, 11AM TO 1PM
$499,900
1 bed1 bath1,400 sq ft
74 Derby St #74, Salem, MA 01970
See all

Provided by Redfin

Sale history for 48 Balcomb St

Year

Property tax

Land + Additions

Assessment*

2023

$6,296 (−3.0%)

$170,100 + $333,200

$503,300

2022

$6,490 (+5.5%)

$164,400 + $325,400

$489,800

2021

$6,153 (+1.9%)

$153,100 + $292,800

$445,900

2020

$6,039 (+0.3%)

$144,600 + $273,300

$417,900

2019

$6,020 (+8.1%)

$137,200 + $261,500

$398,700

2018

$5,571 (+7.4%)

$130,400 + $231,800

$362,200

2017

$5,185 (+2.8%)

$110,000 + $216,900

$326,900

2016

$5,043 (+3.1%)

$104,900 + $216,900

$321,800

2015

$4,892 (+11.9%)

$96,400 + $201,700

$298,100

2014

$4,372 (+4.5%)

$96,400 + $164,900

$261,300

2013

$4,183 (+2.1%)

$96,400 + $159,000

$255,400

2012

$4,098 (−0.7%)

$103,200 + $159,000

$262,200

2011

$4,125 (+0.3%)

$103,200 + $170,900

$274,100

2010

$4,111 (−2.3%)

$107,700 + $185,700

$293,400

2009

$4,209

$113,400 + $212,400

$325,800

Tax history for 48 Balcomb St

Year

Property tax

Land + Additions

Assessment*

2023

$6,296 (−3.0%)

$170,100 + $333,200

$503,300

2022

$6,490 (+5.5%)

$164,400 + $325,400

$489,800

2021

$6,153 (+1.9%)

$153,100 + $292,800

$445,900

2020

$6,039 (+0.3%)

$144,600 + $273,300

$417,900

2019

$6,020 (+8.1%)

$137,200 + $261,500

$398,700

2018

$5,571 (+7.4%)

$130,400 + $231,800

$362,200

2017

$5,185 (+2.8%)

$110,000 + $216,900

$326,900

2016

$5,043 (+3.1%)

$104,900 + $216,900

$321,800

2015

$4,892 (+11.9%)

$96,400 + $201,700

$298,100

2014

$4,372 (+4.5%)

$96,400 + $164,900

$261,300

2013

$4,183 (+2.1%)

$96,400 + $159,000

$255,400

2012

$4,098 (−0.7%)

$103,200 + $159,000

$262,200

2011

$4,125 (+0.3%)

$103,200 + $170,900

$274,100

2010

$4,111 (−2.3%)

$107,700 + $185,700

$293,400

2009

$4,209

$113,400 + $212,400

$325,800

*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

2,801

Year renovated

—

Sq. Ft.

2,336

Year built

1900

Style

Multi-Family (2-4 Unit)

County

Essex County

APN

2129642

Parking Spaces

Basement

Yes

Accessible

HOA Dues

—

Garage

Features

—

Last updated by owner on Oct 28, 2025.

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

Parking

Parking Information
Has Open Parking
Parking Spaces: 3
Parking Features: Paved Drive, Off Street, Tandem, Driveway

Interior

Bathroom Information
# of Bathrooms (Full): 2

Basement Information
Basement: Full, Interior Entry, Concrete, Unfinished

Laundry Information
Laundry Features: Electric Dryer Hookup, Washer Hookup

Interior Features
# of Rooms (Total): 10
Door Features: Insulated Doors
Window Features: Insulated Windows
Flooring: Tile, Vinyl, Carpet, Hardwood, Wood
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Open Floorplan, Living Room, Dining Room, Kitchen

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): 2,336
Foundation Area: 99,999
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: White

Exterior Features
Fencing: Fenced/Enclosed, Fenced
Roof: Shingle
Patio And Porch Features: Porch
Exterior Features: Rain Gutters

Property Information
PropertySubType: 2 Family - 2 Units Up/Down

Lot Information
Lot Size (Acres): 0.06
Lot Features: Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $6,501
Tax Year: 2024

Utilities

Utility Information
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers

Heating & Cooling
Has Heating
Heating: Oil
Heating Units: 2
Cooling Units: 0

Location

Location Information
Directions: Oakland to Balcomb
UnparsedAddress: 48 Balcomb Street, Salem MA 01970

Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University

Public facts

Beds: 5
Baths: 2.0
Sq. Ft.: 2,336
Stories: 3.0
Parking Spaces: 3
Basement: Yes
Accessible: No
Lot Size: 2,801 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Essex County
APN: 2129642
HOA Dues: —
Garage: No
Features: —

Home facts updated by owner on Oct 28, 2025

Other

Miscellaneous Information
Heat Zones: 2

Listing Information
Exclusions: 1 Washer And 1 Dryer In Basement As Well As Refrigerator And Storve On Second Floor
StandardStatus: Closed

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 • 1.1mi

Salem High School

Public 9-12 • Assigned • 1.7mi

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

77% 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

$779,000 – $943,000

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3 Cleveland St, Salem, MA 01970

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Home values near 48 Balcomb St

Data from public records.

Address	Redfin Estimate
50 Balcomb St, Salem, MA 5 Beds \| 4 Baths \| 3451 Sq. Ft.	$967,860
19 Cushing St, Salem, MA 5 Beds \| 3 Baths \| 3217 Sq. Ft.	$985,917

Address	Redfin Estimate
15 Cushing St, Salem, MA 7 Beds \| 3 Baths \| 3195 Sq. Ft.	$999,209
22 Oakland St, Salem, MA 4 Beds \| 2 Baths \| 2394 Sq. Ft.	$774,142

Address	Redfin Estimate
17 Cushing St, Salem, MA 3 Beds \| 1 Baths \| 1460 Sq. Ft.	$558,242
16 Cushing St, Salem, MA 3 Beds \| 1 Baths \| 1709 Sq. Ft.	$644,192

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

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