NOT LISTED FOR SALE

1 Central St Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $2,366,038

8 Beds
10 Baths
8,418 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 1 Central St, Salem, MA 01970 and is currently estimated at $2,366,038, approximately $281 per square foot. 1 Central St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2011
Sold by
Colaris 2 Inc
Bought by
1 & 7 Central St Llc
Current Estimated Value
$2,366,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$557,164
Interest Rate
4.85%
Mortgage Type
Commercial
Estimated Equity
$1,808,874

Purchase Details

Closed on
Jul 12, 2001
Sold by
Hillman Family Rt
Bought by
Colaris 2 Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1 & 7 Central St Llc $1,000,000 --
Colaris 2 Inc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colaris 2 Inc $275,000
Open Colaris 2 Inc $800,000
Previous Owner Colaris 2 Inc $640,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

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 -- $1,716,600 $335,700 $1,380,900
2024 -- $1,529,700 $303,900 $1,225,800
2023 $0 $1,446,800 $289,800 $1,157,000
2022 $0 $1,335,500 $220,500 $1,115,000
2021 $0 $1,321,400 $206,400 $1,115,000
2020 $0 $1,236,200 $197,900 $1,038,300
2019 $0 $1,213,600 $175,300 $1,038,300
2018 $0 $1,068,400 $158,300 $910,100
2017 $0 $1,021,700 $158,300 $863,400
2016 -- $1,021,700 $158,300 $863,400
2015 -- $971,600 $141,400 $830,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Downtown Salem

1 Central St, Salem, MA

Not Listed for Sale

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