AJ Pappas
eXp Realty LLC
(351) 222-2436
36 Total Sales
7 in Salisbury
$185K - $1.2M Price Range
38-40 Central Ave Salisbury, MA 01952
Salisbury AreaEstimated Value: $617,000 - $1,130,000
0.23
Acres
$3,646,109
Price per Acre
10,000
Sq Ft Lot
Highlights
- Property is near a beach
- Waterfront
- Level Lot
- Scenic Views
- No HOA
About This Lot
As of December 2025An outstanding Salisbury Beach oceanfront / oceanside development opportunity. Addresses are 38 & 40 Central Ave. Current Map / Parcel numbers are as follows: 38 Central Ave, 33-161, 40 Central Ave, 33-162. Approximately 10,000 sq. ft. with 50 ft. ocean/beach frontage. Lots are located in the beach commercial district. A fair estimate is that 18-24 parking spaces can be provided on the properties. Zoning requires 2 parking spaces for every 2 or 3 bedroom unit providing for a potential of 9-12 condominium units to be built on the property. Due diligence and all research to be done by all prospective buyers. Offered at $2,000,000.
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Property Details
Property Type
- Land
Lot Details
- 10,000 Sq Ft Lot
- Waterfront
- Level Lot
- Property is zoned Bus / Res
Additional Features
- Scenic Vista Views
- Flood Zone Lot
- Electricity To Lot Line
Listing and Financial Details
- Assessor Parcel Number See public remarks.
Community Details
Overview
- No Home Owners Association
Recreation
- Property is near a beach
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2022
Closed on
Dec 17, 2025
Sold by
Levesque Ft and Levesque
Bought by
Seller's Agent
Thomas Saab
Tom Saab Real Estate
Buyer's Agent
Thomas Saab
Tom Saab Real Estate
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Views
172
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$961,395
Avg. Annual Appreciation
-65.38%
Purchase Details
Closed on
Jan 7, 2020
Sold by
Ctlc 18 Lynn Ma Llc
Bought by
Water Street Retail Llc
Purchase Details
Closed on
Jul 19, 2011
Sold by
Central & Main Street Rt and Levesque
Bought by
Thomas P Levesque Ret and Levesque
Purchase Details
Closed on
Apr 1, 1986
Bought by
Levesque Thomas P and Levesque Marguerite C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salisbury, MA
-
AJ Pappas
-
Pete Castrichini
Pete Castrichini
Barry Realty Group
(978) 416-5699
25 Total Sales
1 in Salisbury
$890,000 Price
-
Michael Lynch
Michael Lynch
Better Living Real Estate, LLC
(774) 806-8754
50 Total Sales
1 in Salisbury
$455,000 Price
-
Yadyra Claudio
Yadyra Claudio
HomeSmart Success Realty LLC
(857) 663-8005
22 Total Sales
1 in Salisbury
$342,000 Price
-
Jill McGowan
Jill McGowan
Silver Key Homes Realty
(844) 741-9445
74 Total Sales
1 in Salisbury
$475,000 Price
-
Justin Haley
Justin Haley
Responds QuicklyCompass New England, LLC
(279) 205-3046
51 Total Sales
6 in Salisbury
$248K - $695K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $828,000 | -- | ||
| Water Street Retail Llc | -- | None Available | |
| Thomas P Levesque Ret | -- | -- | |
| Levesque Thomas P | $152,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $130,000 | ||
| Previous Owner | Borrelli Michael C | $57,000 | |
| Previous Owner | Borrelli Michael C | $134,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2025 12/18/25 | Sold | $1,800,000 | -10.0% | -- |
| 09/10/2024 09/10/24 | Price Changed | $2,000,000 | 0.0% | -- |
| 10/02/2023 10/02/23 | Pending | -- | -- | -- |
| 04/03/2023 04/03/23 | For Sale | $2,000,000 | +11.1% | -- |
| 03/31/2023 03/31/23 | Off Market | $1,800,000 | -- | -- |
| 11/08/2022 11/08/22 | For Sale | $2,000,000 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,829 | $479,100 | $479,100 | $0 |
| 2024 | $5,007 | $479,100 | $479,100 | $0 |
| 2023 | $7,218 | $335,400 | $335,400 | $0 |
| 2022 | $11,707 | $878,100 | $335,400 | $542,700 |
| 2021 | $11,833 | $875,500 | $335,400 | $540,100 |
| 2020 | $8,962 | $782,000 | $335,400 | $446,600 |
| 2019 | $11,741 | $724,300 | $323,900 | $400,400 |
| 2018 | $11,321 | $705,100 | $323,900 | $381,200 |
| 2017 | $11,217 | $673,400 | $323,900 | $349,500 |
| 2016 | $7,225 | $619,100 | $291,500 | $327,600 |
| 2015 | -- | $642,800 | $291,500 | $351,300 |
Source: Public Records
Agents Affiliated with this Home
-
Thomas Saab
TS
Seller's Agent in 2025
Thomas Saab
Tom Saab Real Estate
(978) 683-6699
27 Total Sales
-
Daniel Kinsella
DK
Seller Co-Listing Agent in 2025
Daniel Kinsella
Tom Saab Real Estate
(978) 683-6699
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73056432
APN: SALI-000033-000000-000162
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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