NOT LISTED FOR SALE

1 Cherry St Salem, MA 01970

The Point Neighborhood

Estimated Value: $614,000 - $865,000

5 Beds
2 Baths
2,237 Sq Ft
$315/Sq Ft Est. Value

About This Home

This home is located at 1 Cherry St, Salem, MA 01970 and is currently estimated at $704,407, approximately $314 per square foot. 1 Cherry 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
Oct 21, 2011
Sold by
Sfikas Nicolas
Bought by
P & S Props
Current Estimated Value
$704,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$113,281
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,549

Purchase Details

Closed on
Oct 5, 2011
Sold by
M Barron Props Llc
Bought by
Sfikas Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Outstanding Balance
$113,281
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$594,549

Purchase Details

Closed on
Dec 5, 2008
Sold by
Valente Ilidio
Bought by
M Barron Prop Llc

Purchase Details

Closed on
Jan 7, 2005
Sold by
Mccomb David F
Bought by
Valente Ilidio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 1994
Sold by
Theriault Norman J and Cerni Olita
Bought by
Mccomb David F and Mccomb Ann M

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
P & S Props -- --
Sfikas Nicolas $215,000 --
M Barron Prop Llc $166,000 --
Valente Ilidio $320,000 --
Mccomb David F $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccomb David F $161,250
Previous Owner Mccomb David F $351,000
Previous Owner Mccomb David F $256,000
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 $5,892 $519,600 $160,300 $359,300
2024 $5,494 $472,800 $151,900 $320,900
2023 $5,265 $420,900 $140,600 $280,300
2022 $5,463 $412,300 $132,200 $280,100
2021 $5,310 $384,800 $132,200 $252,600
2020 $5,149 $356,300 $114,200 $242,100
2019 $5,102 $337,900 $108,600 $229,300
2018 $4,725 $307,200 $103,500 $203,700
2017 $4,366 $275,300 $84,400 $190,900
2016 $4,243 $270,800 $79,900 $190,900
2015 $4,094 $249,500 $72,000 $177,500
Source: Public Records

Map

Massachusetts Essex County Salem 01970 The Point

1 Cherry St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 1 Cherry St, Salem, MA 01970 and is currently estimated at $704,407, approximately $314 per square foot. 1 Cherry St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

Nearby Homes