NOT LISTED FOR SALE

1 Ocean Terrace Salem, MA 01970

South Salem Neighborhood

Estimated Value: $377,000 - $439,000

2 Beds
1 Bath
941 Sq Ft
$433/Sq Ft Est. Value

About This Home

This home is located at 1 Ocean Terrace, Salem, MA 01970 and is currently estimated at $407,065, approximately $432 per square foot. 1 Ocean Terrace 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
Sep 8, 2016
Sold by
Goldberg Deborah E
Bought by
Marcou Margot R
Current Estimated Value
$407,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Outstanding Balance
$172,850
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$275,672

Purchase Details

Closed on
Mar 31, 2004
Sold by
Loughlin Patrick
Bought by
Provost Sonia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,700
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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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
Marcou Margot R $228,000 --
Provost Sonia M $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcou Margot R $211,000
Previous Owner Loughlin Patrick D $194,700
Previous Owner Loughlin Patrick D $165,300
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 $4,113 $362,700 $0 $362,700
2024 $4,005 $344,700 $0 $344,700
2023 $3,996 $319,400 $0 $319,400
2022 $3,876 $292,500 $0 $292,500
2021 $3,791 $274,700 $0 $274,700
2020 $3,744 $259,100 $0 $259,100
2019 $3,582 $237,200 $0 $237,200
2018 $3,373 $219,300 $0 $219,300
2017 $3,361 $211,900 $0 $211,900
2016 $3,131 $199,800 $0 $199,800
2015 $3,085 $188,000 $0 $188,000
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

1 Ocean Terrace, Salem, MA

Homes for Sale in Salem, MA

This home is located at 1 Ocean Terrace, Salem, MA 01970 and is currently estimated at $407,065, approximately $432 per square foot. 1 Ocean Terrace is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

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