1 Ocean Terrace Salem, MA 01970
South Salem NeighborhoodEstimated Value: $403,261 - $439,000
2
Beds
1
Bath
941
Sq Ft
$447/Sq Ft
Est. Value
About This Home
This home is located at 1 Ocean Terrace, Salem, MA 01970 and is currently estimated at $421,065, approximately $447 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
Bought by
Marcou Margot
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
$211,000
Outstanding Balance
$165,592
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$255,473
Purchase Details
Closed on
Mar 31, 2004
Sold by
Loughlin Patrick
Bought by
Provost Sonia
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
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marcou Margot | $228,000 | -- | |
| Provost Sonia | $205,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marcou Margot | $211,000 | |
| Previous Owner | Provost Sonia | $194,700 | |
| Previous Owner | Provost Sonia | $165,300 |
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
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