T
Seller's Agent in 2022
The Quail Group
eXp Realty
(978) 406-9294
9 in this area
221 Total Sales
15 Sumner Rd Salem, MA 01970
South Salem NeighborhoodEstimated Value: $622,802 - $668,000
4
Beds
1
Bath
1,335
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Ceiling Fan
- Picture Window
About This Home
As of February 2022This charming South Salem Cape style home is seeking its next homeowner! Perfect for first time homebuyers,downsizers and those looking to customize a home to your liking. This home sits on a quiet side street with off-street parking and backyard space. Featuring 3-4 bedrooms and 1 full bath and hardwood floors in most living areas. On the first floor, entryway/mudroom, bright and sunny living room, kitchen with adjacent enclosed sun porch, along with 2 additional rooms for dining, home office or bedroom. The second-floor features two additional good-sized bedrooms and a hallway closet. Laundry is in the large basement with plenty of storage space. Located near the university, shopping, public transportation and all that Salem has to offer! Come visit your future new home private showings start Wednesday and Open Houses this weekend Saturday 1/22 & Sunday 1/23 from 12-1:30pm, offers due Monday @ 1pm.
Home Details
Home Type
- Single Family
Year Built
- 1951
Lot Details
- 5,227
Interior Spaces
- Primary bedroom located on second floor
- Ceiling Fan
- Picture Window
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
- Vinyl
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2022
Closed on
Feb 25, 2022
Sold by
Summit Margaret E and Summit Mathew T
Bought by
Corssen Michael H
Seller's Agent
The Quail Group
eXp Realty
Buyer's Agent
Alex Navarro
Coldwell Banker Realty - Beverly
List Price
$469,900
Sold Price
$520,000
Premium/Discount to List
$50,100
10.66%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,701
Avg. Annual Appreciation
5.76%
Original Mortgage
$468,000
Outstanding Balance
$435,400
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$207,301
Purchase Details
Listed on
Apr 10, 2018
Closed on
May 23, 2018
Sold by
Cook Danielle C and Cook Eric E
Bought by
Summit Margaret E
Seller's Agent
Pam Cote
RE/MAX Beacon
Buyer's Agent
Emmanuel Paul
Redfin Corp.
List Price
$349,888
Sold Price
$376,910
Premium/Discount to List
$27,022
7.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.94%
Original Mortgage
$282,682
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 23, 2017
Sold by
Cook Eric E
Bought by
Cook Danielle C and Cook Eric E
Purchase Details
Closed on
Nov 12, 2009
Sold by
Beaupre Rt
Bought by
Cook Eric E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,940
Interest Rate
4.98%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corssen Michael H | $520,000 | None Available | |
| Summit Margaret E | $376,910 | -- | |
| Cook Danielle C | -- | -- | |
| Cook Eric E | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corssen Michael H | $468,000 | |
| Previous Owner | Summit Margaret E | $282,682 | |
| Previous Owner | Cook Eric E | $170,940 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $520,000 | +10.7% | $390 / Sq Ft | |
| 01/25/2022 01/25/22 | Pending | -- | -- | -- | |
| 01/18/2022 01/18/22 | For Sale | $469,900 | +24.7% | $352 / Sq Ft | |
| 05/23/2018 05/23/18 | Sold | $376,910 | +7.7% | $282 / Sq Ft | View Prior Sale |
| 04/18/2018 04/18/18 | Pending | -- | -- | -- | |
| 04/10/2018 04/10/18 | For Sale | $349,888 | -- | $262 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,061 | $534,500 | $213,900 | $320,600 |
| 2024 | $5,908 | $508,400 | $201,800 | $306,600 |
| 2023 | $5,676 | $453,700 | $183,800 | $269,900 |
| 2022 | $5,421 | $409,100 | $168,700 | $240,400 |
| 2021 | $5,040 | $365,200 | $156,700 | $208,500 |
| 2020 | $5,115 | $354,000 | $153,600 | $200,400 |
| 2019 | $5,065 | $335,400 | $144,600 | $190,800 |
| 2018 | $4,803 | $312,300 | $135,000 | $177,300 |
| 2017 | $4,668 | $294,300 | $126,500 | $167,800 |
| 2016 | $4,612 | $294,300 | $126,500 | $167,800 |
| 2015 | $4,390 | $267,500 | $111,500 | $156,000 |
Source: Public Records
Agents Affiliated with this Home
-
The Quail Group
-
Christine Rich
Seller Co-Listing Agent in 2022
Christine Rich
Citylight Homes LLC
(978) 317-0054
1 in this area
104 Total Sales
-
Alex Navarro
Buyer's Agent in 2022
Alex Navarro
Coldwell Banker Realty - Beverly
(978) 886-3271
1 in this area
46 Total Sales
-
Pam Cote
Seller's Agent in 2018
Pam Cote
RE/MAX
(978) 808-9345
29 Total Sales
-
D
Seller Co-Listing Agent in 2018
Donald Cote
RE/MAX
-
Emmanuel Paul
E
Buyer's Agent in 2018
Emmanuel Paul
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72934664
APN: SALE-000022-000000-000099
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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