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Single Family ResidenceResidential
$536,975$537 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026
Last sold for $120,000 on Jul 29, 1997

40 1/2 BALCOMB ST

SALEM, MA 01970
3
Beds
1
Baths
1,000 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.1 ac
Lot SizeThe size of the land the home sits on, from county records.
1973
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$537K
$507K low$567K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$120,000 · Jul 29, 1997

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,985 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$527,800 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$202,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$325,700
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$460,750

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
StyleThe architectural style of the home, such as ranch or colonial.Ranch
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.10
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.In-Ground Pool

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
BatesB+
Elementary · Grades PK–5 · 0.4 mi
H
Salem Preparatory High School
High · Grades 9–12 · 1.0 mi
M
Collins Middle SchoolB-
Middle · Grades 6–8 · 1.1 mi

District: Salem School District

Neighborhood · ZIP 01970These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.116
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.93
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.87

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.29%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.44,728
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,443 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$85,271
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$107,638
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

40 1/2 Balcomb St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 76% of homes in Essex County
  • Costs more per square foot than 92% of homes in North Salem
  • Smaller than 90% of homes in Essex County
  • Has a smaller lot than 89% of homes in Essex County
  • Newer than 90% of homes in North Salem

What homes are worth in Salem 01970

Each bar is how many homes fall in that price range. The marker is this home.

This home
$314K$1.2M

This home is worth more than 33% of homes in Salem 01970.

How it measures up in Salem 01970

The dot is this home. The mark in the middle is the typical home in Salem 01970.

Estimated value$536,975
CheaperTypical $611,592Pricier

Pricier than 33% of homes nearby

Price per ft²$537
CheaperTypical $422Pricier

Pricier than 85% of homes nearby

Living area1,000 ft²
SmallerTypical 1,659 ft²Bigger

Bigger than 15% of homes nearby

Lot size0.1 ac
SmallerTypical 0.13 acBigger

Bigger than 31% of homes nearby

Year built1973
OlderTypical 1920Newer

Newer than 76% of homes nearby

How 40 1/2 Balcomb St ranks against every home in each area.
MeasureThis homeNorth SalemSalem 01970Essex County
Estimated valuepricier than$536,97538% of homes33% of homes24% of homes
Price per ft²pricier than$53792% of homes85% of homes84% of homes
Living areabigger than1,000 ft²11% of homes15% of homes10% of homes
Lot sizebigger than0.1 ac32% of homes31% of homes11% of homes
Year builtnewer than197390% of homes76% of homes66% of homes

About 40 1/2 Balcomb St

How much is 40 1/2 Balcomb St, Salem, MA worth?

The TopHap Estimate for 40 1/2 Balcomb St, Salem, MA is $536,975 as of Aug 30, 2026. The likely range is $506,646 to $567,304. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 40 1/2 Balcomb St, Salem, MA last sell?

40 1/2 Balcomb St, Salem, MA last sold on Jul 29, 1997 for $120,000, according to the county's recorded deed.

How big is 40 1/2 Balcomb St, Salem, MA?

40 1/2 Balcomb St, Salem, MA has 3 bedrooms, 1 bathrooms, 1,000 square feet of living space and a 0.10-acre lot.

When was 40 1/2 Balcomb St, Salem, MA built?

40 1/2 Balcomb St, Salem, MA was built in 1973, making it 53 years old. It is a ranch home. The building has 1 story.

What schools serve 40 1/2 Balcomb St, Salem, MA?

40 1/2 Balcomb St, Salem, MA is assigned to Bates (elementary), rated B+; Salem Preparatory High School (high); Collins Middle School (middle), rated B-. All sit in Salem School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 1/2 Balcomb St, Salem, MA compare to other homes in Salem 01970?

Among the 12,071 homes in Salem 01970, it is worth more than 33% of them ($536,975 against a typical $611,592), its price per square foot is higher than 85% of them ($537 against a typical $422), it is bigger than 15% of them (1,000 ft² against a typical 1,659 ft²), its lot is bigger than 31% of them (0.1 ac against a typical 0.13 ac) and it is newer than 76% of them (1973 against a typical 1920). Measured against all of Essex County, it is worth more than 24% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 1/2 Balcomb St, Salem, MA?

The 2025 property tax bill for 40 1/2 Balcomb St, Salem, MA was $5,985. The county assessed it at $527,800.

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