40 Broad St, Salem, MA 01970 Property Records

Essex County and Salem City property record for 40 Broad St, Salem, MA 01970

Property Summary

Property Type	Single Family Home
Details	3 bd · 1.5 ba · 1,934 sqft · built 1915
Lot Size	0.156 acres (6,808 sqft)
Owner	2 Individual Names on Record
Last Sale	$770,000 (Nov 2023)
Tax Bill	$8,207 (2026)
Deeds & Mortgages	Nov 2023 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`SALE M:25 L:0254`

Property Details

APN / Parcel Number

Primary APN	`SALE M:25 L:0254`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Total Rooms	7 Rooms
Stories	2 Stories
Building Area	1,934 sqft Living Area
Gross Area	3,725 sqft
Basement Area	806 sqft
Unfinished Basement	484 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1915
Effective Year Built	Effective 1915
Architectural Style	Other
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	6,808 sqft (0.156 acres)

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Heating Fuel	Gas

Location & Zoning

Street Address	40 BROAD ST
City	SALEM
State	MA
Zip	01970-3143
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	B1
Legal Lot Number	254
Jurisdiction	SALEM MA
Township / Civil Division	SALEM
Census Block Group	5
Census Block	5008
Census Tract	204200

Owner

Source: Essex County and Salem City records, as of October 20, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	40 BROAD ST, SALEM, MA 01970-3143
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Husband and Wife

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 6, 2023 · Amount on Record
Deed Sale	Nov 6, 2023 · Amount on Record
Prior Sale	Apr 24, 2003 · Amount on Record
Deed Document Number	20232890
Deed Book / Page	41846 / 178
Record Updated	Oct 29, 2026

November 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SALEM MA
Recording Date	Nov 6, 2023
Property Address	40 BROAD ST, SALEM, MA 01970-3143
Document Number	041846-178
Book / Page	41846 / 178
Instrument Date	Nov 6, 2023
Instrument	20231106002890
Transaction Type	Transfer
Record Updated	Nov 23, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	40 BROAD ST, SALEM, MA 01970-3143

Mortgage

Document Number	231106002900
Date	Nov 6, 2023
Instrument	231106002900

Lender

Name	DRAPER AND KRAMER MORTGAGE CORP.

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

Source: Essex County and Salem City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	Massachusetts
County	Essex County
Municipality	Salem City
Unified School District	Salem School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$8,207.00 (+5.97%)	$761,300 (+11.46%) Land $288,500 Building $464,600	$708,419 (-10.4%)
2025	$7,745.00 (+24.72%)	$683,000 (+27.81%) Land $263,400 Building $419,600	$790,685
2024	$6,210.00 (+3.76%)	$534,400 (+11.71%) Land $244,600 Building $289,800
2023	$5,985.00	$478,400 Land $225,800 Building $252,600

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective July 10, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SALEM WATER DEPARTMENT serves 44,480 people · EPA ID MA3258000
Water Source	Purchased surface water from SALEM AND BEVERLY WATER SUPPLY BOARD
Last State Inspection	Dec 2024

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 601 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 2,000
Verizon Fixed Wireless · Fiber in parts of the area	300 / 20
AT&T Fixed Wireless	100 / 20