NE Provenance

5 Parallel St

Salem, MA 01970

residentialSingle Family
Owner
Dun...
Owner Type
Individual
Tenure
10 yrs
Assessed
$544,000
Built
1900
Sq Ft
1,277
Lot
0.46 ac
Bed/Bath
5/1
Type
Single Family
Elevated Risks23ConditionC2Fire GradeAPermits6Last PermitMay 2025FloodAESurgeCat 2

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5 Parallel St, Salem, MA 01970— Property Report

Home& Property Details

5 Parallel St is a Old Style single family built in 1900 located in Salem, Essex County, MA. The home has 1,277 square feet of living area on a 0.46-acre lot. The home has 5 bedrooms, 1 bathroom across 2 stories.

Flood Zone & Natural Hazard Assessment

5 Parallel St is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 2 hurricane storm surge inundation zone based on NOAA SLOSH modeling. The FEMA National Risk Index composite rating for this area is Relatively Low. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 5 Parallel St at Grade A (Excellent fire protection access). The nearest fire station, SALEM FIRE DEPARTMENT, is 0.3 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 6 building permits on file for 5 Parallel St. The most recent permit was filed May 7, 2025. In the past five years, 4 permits have been issued. The current municipal assessment is $544,000, with $194,600 attributed to land and $349,400 to improvements. The property last sold on July 13, 2015 for $270,000. The deed history includes 2 recorded conveyances.

Environmental & Land Use

5 Parallel St is classified as a waterfront property. Mapped wetlands are present on or adjacent to the parcel.

SalemNeighborhood & Community

5 Parallel St is located in Salem, Essex County, MA. The property is zoned RC (Residential Conservation). The median home value in this census tract is $460,600. Median household income is $112,527. The owner-occupancy rate in the surrounding area is 69%. The property is served by the Salem school district.

Full Property Intelligence Report

The complete NE Provenance report for 5 Parallel St, Salem, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.