NOT LISTED FOR SALE

16 Lee St Salem, MA 01970

North Salem Neighborhood

Estimated Value: $738,000 - $821,000

3 Beds
2 Baths
1,528 Sq Ft
$503/Sq Ft Est. Value

Last Sold November 21, 2017

Last sale price $436,000 $285 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,759/month

About This Home

As of November 2017

Classic colonial tucked away in a desirable North Salem neighborhood. This bright and inviting home with period detailing features wood floors through-out, 3 bedrooms, updated baths, newer windows, and SS appliances. Cozy up in front of the beautiful fireplace or unwind in the four season sunroom. Comfortably entertain with the open floor plan which leads out to the spacious deck overlooking the good-sized back yard. Use the third floor walk-up loft as your own dressing room or home office. Lots of extra storage space in the basement and walk-in attic and storage shed. This home is a short distance to the commuter rail and vibrant downtown Salem and has easy access to highways.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 21, 2017
Sold by
Ide Jennifer L and Kaulenas Gedainis S
Bought by
Combs-Bachmann Rosamund E and Jackson Jeffrey H
Seller's Agent
Jodie Salasny
Buyer's Agent
Christopher Gianatassio
CDG Realty Group
List Price
$409,000
Sold Price
$436,000
Premium/Discount to List
$27,000
6.6%
Current Estimated Value
$754,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,186
Avg. Annual Appreciation
7.63%
Original Mortgage
$400,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Pierce Marie L and Pierce Philip F
Bought by
Kaulenas Gedainis S and Ide Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,900
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Combs-Bachmann Rosamund E $436,000 --
Kaulenas Gedainis S $334,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Combs-Bachmann Rosamund E $376,000
Closed Combs-Bachmann Rosamund E $400,000
Previous Owner Ide Jennifer L $86,000
Previous Owner Pierce Philip F $253,000
Previous Owner Pierce Philip F $283,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $436,000 +6.6% $285 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $409,000 -- $268 / Sq Ft

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 $7,558 $666,500 $202,100 $464,400
2024 $7,503 $645,700 $202,100 $443,600
2023 $7,132 $570,100 $184,000 $386,100
2022 $6,857 $517,500 $184,000 $333,500
2021 $7,066 $512,000 $184,000 $328,000
2020 $6,653 $460,400 $164,700 $295,700
2019 $4,159 $275,400 $164,700 $110,700
2018 $5,809 $377,700 $156,900 $220,800
2017 $5,676 $357,900 $144,800 $213,100
2016 $5,608 $357,900 $144,800 $213,100
2015 $5,556 $338,600 $144,800 $193,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jodie Salasny

    Section Image

  • C

    Buyer's Agent in 2017

    Christopher Gianatassio

    CDG Realty Group

    Section Image
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Map

Massachusetts Essex County Salem 01970 North Salem

16 Lee St, Salem, MA

This home is located at 16 Lee St, Salem, MA 01970 and is currently estimated at $768,969, approximately $503 per square foot. 16 Lee St is a home located in Essex County with nearby schools including Bates Elementary School, Carlton Elementary School, and Saltonstall School.

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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