NOT LISTED FOR SALE

13 Ocean Terrace Salem, MA 01970

South Salem Neighborhood

Estimated Value: $822,000 - $945,000

6 Beds
5 Baths
3,659 Sq Ft
$244/Sq Ft Est. Value

About This Home

This home is located at 13 Ocean Terrace, Salem, MA 01970 and is currently estimated at $893,805, approximately $244 per square foot. 13 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
May 18, 2023
Sold by
Beaver Christopher D and Beaver Elizabeth E
Bought by
Beaver Elizabeth E and Labella Margaret A
Current Estimated Value
$893,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,790
Outstanding Balance
$375,142
Interest Rate
6.39%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$527,865

Purchase Details

Closed on
Feb 18, 2015
Sold by
Beaver Elizabeth and Labella Maggue
Bought by
Beaver Elizabeth E and Beaver Christopher D

Purchase Details

Closed on
Jul 3, 2003
Sold by
Richards Duane M and Donohue Tracy E
Bought by
Beaver Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1999
Sold by
Cahill Matthew C and Cahill April L
Bought by
Richards Duane M and Donohue Tracy E

Purchase Details

Closed on
May 26, 1994
Sold by
Legere Norman P and Leger Phyllis
Bought by
Cahill April and Cahill Matthew
Source: Public Records

Range of Values:

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
Beaver Elizabeth E -- None Available
Beaver Elizabeth E -- None Available
Beaver Elizabeth E -- --
Beaver Elizabeth E -- --
Beaver Elizabeth $425,000 --
Beaver Elizabeth $425,000 --
Richards Duane M $191,500 --
Richards Duane M $191,500 --
Cahill April $140,000 --
Cahill April $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beaver Elizabeth E $383,790
Closed Beaver Elizabeth E $383,790
Previous Owner Beaver Christopher D $305,000
Previous Owner Legere Normand P $327,359
Previous Owner Legere Normand P $382,000
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 $9,348 $824,300 $200,100 $624,200
2024 $8,807 $757,900 $190,100 $567,800
2023 $8,626 $689,500 $175,500 $514,000
2022 $8,606 $649,500 $169,700 $479,800
2021 $8,159 $591,200 $158,000 $433,200
2020 $7,843 $542,800 $149,200 $393,600
2019 $7,769 $514,500 $141,600 $372,900
2018 $7,009 $455,700 $134,600 $321,100
2017 $6,564 $413,900 $113,500 $300,400
2016 $6,223 $397,100 $108,200 $288,900
2015 $5,862 $357,200 $99,500 $257,700
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

13 Ocean Terrace, Salem, MA

This home is located at 13 Ocean Terrace, Salem, MA 01970 and is currently estimated at $893,805, approximately $244 per square foot. 13 Ocean Terrace is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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