NOT LISTED FOR SALE

16 Commercial St Salem, MA 01970

North Salem Neighborhood

Estimated Value: $751,784

-- Bed
1 Bath
1,500 Sq Ft
$501/Sq Ft Est. Value

About This Home

This home is located at 16 Commercial St, Salem, MA 01970 and is currently estimated at $751,784, approximately $501 per square foot. 16 Commercial St is a home located in Essex County with nearby schools including Bates Elementary School, Saltonstall School, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2001
Sold by
Leinson Joel and Pike Arnold
Bought by
Spartan Oil Inc
Current Estimated Value
$751,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$78,516
Interest Rate
6.93%
Mortgage Type
Commercial
Estimated Equity
$673,268
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Spartan Oil Inc $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spartan Oil Inc $200,000
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 $5,474 $242,000 $182,700 $59,300
2024 $5,235 $221,000 $166,500 $54,500
2023 $5,111 $202,400 $152,700 $49,700
2022 $5,154 $195,900 $146,200 $49,700
2021 $5,181 $187,700 $138,000 $49,700
2020 $5,002 $176,000 $129,900 $46,100
2019 $4,961 $167,900 $121,800 $46,100
2018 $4,789 $159,800 $113,700 $46,100
2017 $4,792 $159,800 $113,700 $46,100
2016 $4,722 $159,800 $113,700 $46,100
2015 $4,574 $147,600 $101,500 $46,100
Source: Public Records

Map

Massachusetts Essex County Salem 01970 North Salem

16 Commercial St, Salem, MA

Not Listed for Sale

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