NOT LISTED FOR SALE

12 1/2 Preston Rd Salem, MA 01970

South Salem Neighborhood

Estimated Value: $698,000 - $816,000

3 Beds
2 Baths
2,076 Sq Ft
$358/Sq Ft Est. Value

About This Home

This home is located at 12 1/2 Preston Rd, Salem, MA 01970 and is currently estimated at $742,282, approximately $357 per square foot. 12 1/2 Preston Rd is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Witchcraft Heights Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Sanseverino Louis T
Bought by
12 1 2 Preston Road Ret and Sanseverino
Current Estimated Value
$742,282

Purchase Details

Closed on
Aug 30, 2017
Sold by
Connelly Virginia M
Bought by
Sanseverino Louis T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2017
Sold by
Connelly Kathleen A
Bought by
Connelly Virginia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
12 1 2 Preston Road Ret -- --
12 1 2 Preston Road Ret -- --
12 1 2 Preston Road Ret -- --
Sanseverino Louis T $382,500 --
Sanseverino Louis T $382,500 --
Connelly Virginia M -- --
Connelly Virginia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanseverino Louis T $232,500
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 $6,797 $599,400 $213,600 $385,800
2024 $6,820 $586,900 $201,600 $385,300
2023 $6,612 $528,500 $183,500 $345,000
2022 $6,326 $477,400 $168,500 $308,900
2021 $6,134 $444,500 $156,500 $288,000
2020 $6,352 $439,600 $153,500 $286,100
2019 $6,292 $416,700 $144,400 $272,300
2018 $6,017 $391,200 $134,800 $256,400
2017 $5,757 $363,000 $126,400 $236,600
2016 $5,688 $363,000 $126,400 $236,600
2015 $5,396 $328,800 $111,300 $217,500
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

12 1/2 Preston Rd, Salem, MA

Not Listed for Sale

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