NOT LISTED FOR SALE

16 Summit Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $817,000 - $869,239

4 Beds
2 Baths
2,346 Sq Ft
$361/Sq Ft Est. Value

About This Home

This home is located at 16 Summit Ave, Salem, MA 01970 and is currently estimated at $846,060, approximately $360 per square foot. 16 Summit Ave 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
Mar 16, 2009
Sold by
Storey James and Knights Kristina
Bought by
Storey James
Current Estimated Value
$846,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$229,539
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,054

Purchase Details

Closed on
Jan 24, 2008
Sold by
Ellie Rt
Bought by
Storey James and Knights Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2007
Sold by
16 Summit Avenue T
Bought by
Tranos Alexandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.19%

Purchase Details

Closed on
Feb 2, 2007
Sold by
Tranos Alexandra A
Bought by
Tranos Sally Alexandra

Purchase Details

Closed on
Apr 24, 2003
Sold by
Tranos Alexandra A
Bought by
16 Summit Avenue T
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
Storey James -- --
Storey James $400,000 --
Tranos Alexandra A -- --
Tranos Sally Alexandra -- --
Tranos Alexandra A -- --
16 Summit Avenue T -- --
Tranos Alexandra A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tranos Alexandra A $357,000
Previous Owner Tranos Alexandra A $360,000
Previous Owner Tranos Alexandra A $150,000
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 $8,601 $758,500 $203,300 $555,200
2024 $8,327 $716,600 $193,200 $523,400
2023 $8,003 $639,700 $178,300 $461,400
2022 $7,576 $571,800 $172,400 $399,400
2021 $7,487 $542,500 $160,500 $382,000
2020 $7,072 $489,400 $151,600 $337,800
2019 $7,049 $466,800 $143,900 $322,900
2018 $6,841 $444,800 $136,700 $308,100
2017 $6,276 $395,700 $115,300 $280,400
2016 $6,118 $390,400 $110,000 $280,400
2015 $5,821 $354,700 $101,100 $253,600
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

16 Summit Ave, Salem, MA

This home is located at 16 Summit Ave, Salem, MA 01970 and is currently estimated at $846,060, approximately $360 per square foot. 16 Summit Ave 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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