NOT LISTED FOR SALE

173 Loring Ave Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $737,000 - $849,000

2 Beds
1 Bath
900 Sq Ft
$895/Sq Ft Est. Value

About This Home

As of December 2023

Welcome to your new home at 173 Loring Ave, Unit 2 - a charming 2-bedroom apartment nestled in the heart of historic Salem. Step into a spacious and sunlit living area, where large windows flood the room with natural light, creating a warm and inviting ambiance. The kitchen features stainless steel appliances, ample cabinet space. Two good size bedrooms. One parking spot included in the rent.

Last Agent to Rent the Property

Lawrence Tracy

Access Listed on: 11/01/2023

Last Renter's Agent

Alex Walsh

Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,371

Year Built

  • 1930

Lot Details

  • 9,999

Parking

  • 1 Car Parking Space

Home Design

  • 900 Sq Ft Home
  • Apartment
  • Entry on the 2nd floor

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 9,999 Sq Ft Lot
  • No Cooling

Listing and Financial Details

  • Security Deposit $2,400
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number M:31 L:0107,2133849

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,371

Year Built

1930

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Lease Term: Term of Rental(12)
  • Available Now: Yes
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2400

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Entry Level: 2
  • Year Built Details: Actual
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Year Built (Public Record): 1930

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Living Area: 900
  • Spa YN: No
  • MAIN LO: AN4691
  • LIST PRICE PER Sq Ft: 2.67
  • PRICE PER Sq Ft: 2.78
  • MAIN SO: AN4691

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 1

Utilities

  • Cooling Y N: No

Condo/Co-op/Association

  • Association YN: No
  • Rent Includes: Water
  • Senior Community YN: No
  • UNIT BUILDING: 2

Lot Info

  • Parcel Number: M:31 L:0107,2133849
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 9999
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Pinanski Edward P
Bought by
Devoe Sara and Guzowski Drew
Current Estimated Value
$805,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,900
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1977
Bought by
Pinanski Edward P
Source: Public Records

Range of Values:

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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
Devoe Sara $599,900 None Available
Pinanski Edward P $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devoe Sara $509,900
Previous Owner Pinanski Edward P $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $2,500 +4.2% --
11/13/2023 11/13/23 Under Contract -- -- --
11/01/2023 11/01/23 For Rent $2,400 -- --
Source: MLS Property Information Network (MLS PIN)

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 $7,371 $650,000 $175,700 $474,300
2024 $7,151 $615,400 $175,700 $439,700
2023 $6,973 $557,400 $160,800 $396,600
2022 $6,182 $466,600 $154,800 $311,800
2021 $5,895 $427,200 $145,900 $281,300
2020 $5,688 $393,600 $131,000 $262,600
2019 $5,555 $367,900 $119,100 $248,800
2018 $5,137 $334,000 $110,800 $223,200
2017 $4,969 $313,300 $104,200 $209,100
2016 $4,602 $293,700 $84,600 $209,100
2015 $4,578 $279,000 $84,600 $194,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73176118

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000107