T
Seller's Agent in 2025
Thomas Saab
Tom Saab Real Estate
(978) 683-6699
10 in this area
28 Total Sales
38-40 Central Ave Salisbury, MA 01952
Estimated Value: $798,000 - $1,339,000
0.23
Acres
$4,517,378
Price per Acre
10,000
Sq Ft Lot
Highlights
- Beach Front
- No HOA
- Level Lot
- Scenic Views
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.
Property Details
Property Type
- Land
Lot Details
- 10,000 Sq Ft Lot
- Beach Front
- Level Lot
- Property is zoned Bus / Res
Additional Features
- Scenic Vista Views
- Flood Zone Lot
- Electricity To Lot Line
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number See public remarks.
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
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
-$761,003
Avg. Annual Appreciation
-70.51%
Original Mortgage
$6,500,000
Outstanding Balance
$6,481,437
Interest Rate
6.26%
Mortgage Type
Commercial
Estimated Equity
-$5,442,440
Purchase Details
Closed on
Jan 7, 2020
Sold by
Bought by
Purchase Details
Closed on
Jul 19, 2011
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 1986
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | -- | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $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 |
|---|---|---|---|
| Open | $6,500,000 |
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
-
Daniel Kinsella
D
Seller Co-Listing Agent in 2025
Daniel Kinsella
Tom Saab Real Estate
(978) 683-6699
3 in this area
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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