NOT LISTED FOR SALE

185 Federal St Unit 2 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $390,000 - $570,000

2 Beds
2 Baths
1,362 Sq Ft
$341/Sq Ft Est. Value

About This Home

This home is located at 185 Federal St Unit 2, Salem, MA 01970 and is currently estimated at $463,855, approximately $340 per square foot. 185 Federal St Unit 2 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Witchcraft Heights Elementary School, and Saltonstall School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2013
Sold by
Litalien Michelle and Alvino Michelle
Bought by
Williams Richard J and Williams Marianne T
Current Estimated Value
$463,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,490
Outstanding Balance
$149,062
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$314,793

Purchase Details

Closed on
Dec 29, 2010
Sold by
Shore Alan
Bought by
Alvino Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,492
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2005
Sold by
Reekie George
Bought by
Shore Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
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

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First American

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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
Williams Richard J $217,000 --
Alvino Michelle $197,500 --
Shore Alan $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shore Alan $210,490
Previous Owner Shore Alan $192,492
Previous Owner Shore Alan $80,000
Previous Owner Shore Alan $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 $4,524 $398,900 $0 $398,900
2024 $4,399 $378,600 $0 $378,600
2023 $4,172 $333,500 $0 $333,500
2022 $4,052 $305,800 $0 $305,800
2021 $3,987 $288,900 $0 $288,900
2020 $3,941 $272,700 $0 $272,700
2019 $3,784 $250,600 $0 $250,600
2018 $3,517 $228,700 $0 $228,700
2017 $3,451 $217,600 $0 $217,600
2016 $3,266 $208,400 $0 $208,400
2015 $3,269 $199,200 $0 $199,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Downtown Salem

185 Federal St Unit 2, Salem, MA

Not Listed for Sale

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