1 Jefferson Ave Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $1,120,809
--
Bed
--
Bath
950
Sq Ft
$1,180/Sq Ft
Est. Value
About This Home
This home is located at 1 Jefferson Ave, Salem, MA 01970 and is currently estimated at $1,120,809, approximately $1,179 per square foot. 1 Jefferson Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 21, 2016
Sold by
Mentuck Ft
Bought by
1 Jefferson Ave Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$401,413
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$719,396
Purchase Details
Closed on
Apr 26, 2011
Sold by
1 Jefferson Ave Rt
Bought by
Mentuck Ft
Purchase Details
Closed on
Mar 19, 1996
Sold by
Barstock Rt
Bought by
1 Jefferson Avenue Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
6.97%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| 1 Jefferson Ave Llc | $625,000 | -- | |
| Mentuck Ft | -- | -- | |
| 1 Jefferson Avenue Rt | $105,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1 Jefferson Ave Llc | $500,000 | |
| Previous Owner | 1 Jefferson Avenue Rt | $75,200 |
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 | $18,564 | $820,700 | $560,400 | $260,300 |
| 2024 | $17,637 | $744,500 | $508,100 | $236,400 |
| 2023 | $17,630 | $698,200 | $485,700 | $212,500 |
| 2022 | $16,970 | $645,000 | $463,300 | $181,700 |
| 2021 | $17,084 | $619,000 | $440,900 | $178,100 |
| 2020 | $15,833 | $557,100 | $418,400 | $138,700 |
| 2019 | $15,138 | $512,300 | $373,600 | $138,700 |
| 2018 | $14,212 | $474,200 | $328,800 | $145,400 |
| 2017 | $12,065 | $402,300 | $328,800 | $73,500 |
| 2016 | $11,888 | $402,300 | $328,800 | $73,500 |
| 2015 | $11,172 | $360,500 | $286,900 | $73,600 |
Source: Public Records
Map
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