NOT LISTED FOR SALE

123 Loring Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $627,000 - $671,000

3 Beds
3 Baths
1,141 Sq Ft
$575/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $575,000 $504 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,963/month

15 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Open Floorplan
  • Corner Lot

About This Home

As of April 2022

Spacious living space in this 3 Bed, 3 Bath single family home with additional finished rooms in full walk out basement. Open concept living room, dining room and kitchen. First floor has two bedrooms and one full bathroom and laundry room. Second floor has master bedroom with skylight, walk in closet, separate office or sitting area and bathroom with jacuzzi tub and separate shower. Fenced backyard. South Salem location, convenient to restaurants, beaches, historic attractions, shopping, commuter rail train or ferry to Boston. Only 1.3 miles from downtown. Enjoy the walking trails at the nearby Forest River Conservation Area. Driveway for off street parking 4 tandem cars. 3/26 Open house cancelled.

Last Agent to Sell the Property

Andrea Dodge

Coldwell Banker Realty - Marblehead Listed on: 03/09/2022

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Silvia Monteiro

Dell Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,416

Year Built

  • Built in 1925

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Property is zoned R2

Home Design

  • Bungalow
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,141 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Sitting Room
  • Laundry on main level

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:31 L:0098,2133838

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,416

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: Sitting Room
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator, Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Room Bedroom3 Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Room Bedroom3 Level: First
  • Room Bedroom4 Level: Basement
  • Room Bedroom4 Features: Flooring - Wall to Wall Carpet
  • Room Bedroom5 Level: Basement
  • Room Bedroom5 Features: Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room Master Bedroom Features: Skylight, Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Second
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full
  • Bathroom 3 Level: Basement
  • Room Dining Room Features: Ceiling Fan(s)
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Open Floorplan, Stainless Steel Appliances
  • Laundry Features: First Floor
  • Room Living Room Level: Main
  • Room Living Room Features: Ceiling Fan(s)
  • Basement: Full, Finished, Walk-Out Access
  • Living Area: 1141
  • MAIN LO: AN6181
  • MAIN SO: AN1378

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: M:31 L:0098,2133838
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 4700

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4416

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 1997
Sold by
Riley Grace B
Bought by
Bergeron James and Bergeron Nancy
Current Estimated Value
$656,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,700
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bergeron James $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergeron James $200,000
Closed Bergeron James $160,000
Closed Bergeron James $105,000
Closed Bergeron James $73,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $575,000 +0.9% $504 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/20/2022 03/20/22 Price Changed $570,000 -2.6% $500 / Sq Ft
03/09/2022 03/09/22 For Sale $585,000 -- $513 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,111 $538,900 $175,700 $363,200
2024 $6,028 $518,800 $175,700 $343,100
2023 $4,505 $360,100 $160,800 $199,300
2022 $4,416 $333,300 $154,800 $178,500
2021 $4,246 $307,700 $145,900 $161,800
2020 $4,026 $278,600 $131,000 $147,600
2019 $3,860 $255,600 $119,100 $136,500
2018 $3,803 $247,300 $110,800 $136,500
2017 $3,818 $240,700 $104,200 $136,500
2016 $3,465 $221,100 $84,600 $136,500
2015 $3,577 $218,000 $84,600 $133,400
Source: Public Records

Agents Affiliated with this Home

  • Andrea Dodge

    Seller's Agent in 2022

    Andrea Dodge

    Coldwell Banker Realty - Marblehead

    (781) 953-4396

    4 in this area

    36 Total Sales

    Andrea Dodge
    Section Image
  • Silvia Monteiro

    Buyer's Agent in 2022

    Silvia Monteiro

    Dell Realty Inc.

    (617) 682-2351

    1 in this area

    69 Total Sales

    Silvia Monteiro
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72950385

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000098

Massachusetts Essex County Salem 01970 South Salem

123 Loring Ave, Salem, MA

Not Listed for Sale

Detached

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