NOT LISTED FOR SALE

12 Summit St Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $658,000 - $1,108,618

3 Beds
-- Bath
2,355 Sq Ft
$333/Sq Ft Est. Value

About This Home

This home is located at 12 Summit St, Salem, MA 01970 and is currently estimated at $783,155, approximately $332 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
$803,411

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
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
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 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 $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

Massachusetts Essex County Salem 01970 Gallows Hill

12 Summit St, Salem, MA

Not Listed for Sale

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