Michael Cannuscio
Responds Quickly
The Agency Marblehead
(781) 722-7167
21 Total Sales
1 in South Salem
$530,000 Price
173 Loring Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $728,610 - $856,000
4
Beds
2
Baths
1,880
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Property is near golf course, public transit, and schools
- Community Pool
- Porch
About This Home
As of November 2024Group Showing/Open House CANCELED 9/15. Welcome to 173 Loring Ave, Salem—a beautifully updated two-family home close to Salem State University. Each unit features 2 bedrooms and 1 bathroom, offering modern and comfortable living spaces. Both units have been thoughtfully renovated with new kitchens showcasing contemporary appliances and stylish cabinetry. The open living and dining areas are highlighted by gleaming hardwood floors. Each unit has recent updates including heating systems, windows, roof, kitchens, baths and fresh paint throughout, enhancing both efficiency and aesthetic appeal. Located in a vibrant neighborhood with convenient access to Salem State University, dining, shopping, and cultural attractions, as well as nearby parks, Forest Street beach and the Commuter Rail. This well-maintained property is perfect for investment opportunities or multi-generational living.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,151
Year Built
- Built in 1930
Lot Details
- 4,700 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,880 Sq Ft Home
- Property has 1 Level
- Insulated Windows
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Porch
- Property is near golf course, public transit, and schools
Listing and Financial Details
- Total Actual Rent $2,200
- Assessor Parcel Number M:31 L:0107,2133849
Community Details
Overview
- 2 Units
- Near Conservation Area
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Net Operating Income $26,400
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2024
Closed on
Nov 1, 2024
Sold by
Devoe Sara
Bought by
Seller's Agent
Steven Lynch
Real Broker MA, LLC
Buyer's Agent
Riode Jean Felix
Epique Realty
List Price
$750,000
Sold Price
$780,000
Premium/Discount to List
$30,000
4%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,403
Avg. Annual Appreciation
0.58%
Original Mortgage
$546,000
Outstanding Balance
$534,784
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,619
Purchase Details
Listed on
Jan 4, 2021
Closed on
Feb 3, 2021
Sold by
Pinanski Edward
Bought by
Devoe Sara
Seller's Agent
Anthony Ansaldi
Cameron-Bishop Financial Services, Inc.
Buyer's Agent
Anthony Ansaldi
Cameron-Bishop Financial Services, Inc.
List Price
$599,999
Sold Price
$599,900
Premium/Discount to List
-$99
-0.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South Salem, MA
-
Michael Cannuscio
-
Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
69 Total Sales
1 in South Salem
$910,000 Price
-
Paul Conti
Paul Conti
Paul Conti Real Estate
(339) 888-9353
112 Total Sales
1 in South Salem
$539,900 Price
-
Jennifer Schneider
Jennifer Schneider
Century 21 Elite Realty
(781) 549-9402
105 Total Sales
1 in South Salem
$500,000 Price
-
Donna Spector
Donna Spector
Responds QuicklyRealty ONE Group Suburban Lifestyle
(774) 772-5651
33 Total Sales
1 in South Salem
$587,500 Price
-
Jim Serino
Jim Serino
Coldwell Banker Realty
(833) 657-4492
54 Total Sales
1 in South Salem
$300,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $780,000 | None Available | ||
| Devoe Sara | $599,900 | None Available | |
| Pinanski Edward P | $35,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | -- | $546,000 | |
| Previous Owner | -- | $509,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2024 11/01/24 | Sold | $780,000 | +4.0% | $415 / Sq Ft | |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- | |
| 09/09/2024 09/09/24 | For Sale | $750,000 | +25.0% | $399 / Sq Ft | |
| 02/19/2021 02/19/21 | Sold | $599,900 | 0.0% | $319 / Sq Ft | View Prior Sale |
| 01/16/2021 01/16/21 | Pending | -- | -- | -- | |
| 01/04/2021 01/04/21 | For Sale | $599,999 | -- | $319 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
Steven Lynch
Seller's Agent in 2024
Steven Lynch
Real Broker MA, LLC
(508) 641-7478
2 in this area
17 Total Sales
-
Chris Garofalo
CG
Seller Co-Listing Agent in 2024
Chris Garofalo
Real Broker MA, LLC
(978) 979-2642
2 in this area
5 Total Sales
-
Riode Jean Felix
Buyer's Agent in 2024
Riode Jean Felix
Epique Realty
(617) 939-7327
1 in this area
32 Total Sales
-
Anthony Ansaldi
AA
Seller's Agent in 2021
Anthony Ansaldi
Cameron-Bishop Financial Services, Inc.
(978) 423-3445
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73287259
APN: SALE-000031-000000-000107
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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