1 Broad St Unit 5 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $561,246 - $616,000
3
Beds
1
Bath
1,559
Sq Ft
$379/Sq Ft
Est. Value
About This Home
This home is located at 1 Broad St Unit 5, Salem, MA 01970 and is currently estimated at $591,562, approximately $379 per square foot. 1 Broad St Unit 5 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 14, 2004
Sold by
Reichert Constance S C
Bought by
Reichert Tr Constance S C
Current Estimated Value
Purchase Details
Closed on
Nov 15, 1989
Sold by
Singleton Philip
Bought by
Reichert Leonard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.97%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reichert Tr Constance S C | -- | -- | |
| Reichert Leonard | $151,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reichert Leonard | $75,000 |
Source: Public Records
Tax History Compared to Growth
Tax History
| 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 | $5,541 | $488,600 | $0 | $488,600 |
| 2024 | $5,530 | $475,900 | $0 | $475,900 |
| 2023 | $5,274 | $421,600 | $0 | $421,600 |
| 2022 | $5,274 | $398,000 | $0 | $398,000 |
| 2021 | $5,222 | $378,400 | $0 | $378,400 |
| 2020 | $5,117 | $354,100 | $0 | $354,100 |
| 2019 | $4,998 | $331,000 | $0 | $331,000 |
| 2018 | $4,869 | $316,600 | $0 | $316,600 |
| 2017 | $4,807 | $303,100 | $0 | $303,100 |
| 2016 | $4,489 | $286,500 | $0 | $286,500 |
| 2015 | $4,431 | $270,000 | $0 | $270,000 |
Source: Public Records
Map
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