12 Summit St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $664,000 - $1,093,032
3
Beds
--
Bath
2,355
Sq Ft
$357/Sq Ft
Est. Value
About This Home
This home is located at 12 Summit St, Salem, MA 01970 and is currently estimated at $841,758, approximately $357 per square foot. 12 Summit St is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 22, 1999
Sold by
Lowery Thomas D and Southwick Linda
Bought by
Hunter Margarita N
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
$317,384
Interest Rate
7.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 29, 1988
Sold by
Newman Jeffrey A
Bought by
Obrien Peter A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
10.47%
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 |
|---|---|---|---|
| Hunter Margarita N | $320,000 | -- | |
| Obrien Peter A | $295,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Obrien Peter A | $440,000 | |
| Closed | Obrien Peter A | $318,500 | |
| Closed | Obrien Peter A | $317,384 | |
| Previous Owner | Obrien Peter A | $236,000 |
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 | $8,337 | $735,200 | $218,800 | $516,400 |
| 2024 | $7,989 | $687,500 | $206,500 | $481,000 |
| 2023 | $7,787 | $622,500 | $188,000 | $434,500 |
| 2022 | $7,449 | $562,200 | $172,600 | $389,600 |
| 2021 | $7,140 | $517,400 | $160,300 | $357,100 |
| 2020 | $6,768 | $468,400 | $157,200 | $311,200 |
| 2019 | $6,692 | $443,200 | $147,900 | $295,300 |
| 2018 | $6,178 | $401,700 | $138,100 | $263,600 |
| 2017 | $5,982 | $377,200 | $129,500 | $247,700 |
| 2016 | $5,911 | $377,200 | $129,500 | $247,700 |
| 2015 | $5,668 | $345,400 | $114,000 | $231,400 |
Source: Public Records
Map
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