16 Cambridge St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $595,485 - $808,000
3
Beds
1
Bath
1,400
Sq Ft
$492/Sq Ft
Est. Value
About This Home
This home is located at 16 Cambridge St, Salem, MA 01970 and is currently estimated at $689,121, approximately $492 per square foot. 16 Cambridge St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 1, 2024
Sold by
Driscoll David F
Bought by
Driscoll David F and Reines Wanda
Current Estimated Value
Purchase Details
Closed on
Oct 6, 2020
Sold by
Driscoll Daniel J and Driscoll Dorothy R
Bought by
Driscoll David F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2006
Sold by
Ferrucci Michael A
Bought by
Driscoll Daniel J and Driscoll Dorothy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 1995
Sold by
Mccarthy Jean
Bought by
Ferrucci Michael and Ferrucci Marianne
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 |
|---|---|---|---|
| Driscoll David F | -- | None Available | |
| Driscoll David F | -- | None Available | |
| Driscoll David F | $410,000 | None Available | |
| Driscoll David F | $410,000 | None Available | |
| Driscoll Daniel J | $320,000 | -- | |
| Ferrucci Michael | $114,500 | -- | |
| Driscoll Daniel J | $320,000 | -- | |
| Ferrucci Michael | $114,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Driscoll David F | $328,000 | |
| Previous Owner | Ferrucci Michael | $238,223 | |
| Previous Owner | Ferrucci Michael | $256,000 |
Source: Public Records
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 | $5,652 | $498,400 | $208,500 | $289,900 |
| 2024 | $5,416 | $466,100 | $193,600 | $272,500 |
| 2023 | $5,209 | $416,400 | $178,800 | $237,600 |
| 2022 | $5,104 | $385,200 | $168,800 | $216,400 |
| 2021 | $5,175 | $375,000 | $168,800 | $206,200 |
| 2020 | $5,130 | $355,000 | $168,800 | $186,200 |
| 2019 | $5,152 | $341,200 | $163,900 | $177,300 |
| 2018 | $4,995 | $324,800 | $156,400 | $168,400 |
| 2017 | $4,753 | $299,700 | $141,500 | $158,200 |
| 2016 | $4,696 | $299,700 | $141,500 | $158,200 |
| 2015 | $4,595 | $280,000 | $131,600 | $148,400 |
Source: Public Records
Map
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