2 Downing St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $877,000 - $978,000
3
Beds
4
Baths
2,689
Sq Ft
$343/Sq Ft
Est. Value
About This Home
This home is located at 2 Downing St, Salem, MA 01970 and is currently estimated at $922,000, approximately $342 per square foot. 2 Downing St is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 30, 2012
Sold by
Gagnon Thomas R and Gagnon Theresa A
Bought by
Chase Rt
Current Estimated Value
Purchase Details
Closed on
Apr 25, 2012
Sold by
Chase Rt
Bought by
Gagnon Thomas R and Gagnon Theresa A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,800
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2003
Sold by
Chase Rt
Bought by
Gagnon Thomas R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 1986
Bought by
Chase Rt
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chase Rt | -- | -- | |
| Gagnon Thomas R | -- | -- | |
| Gagnon Thomas R | -- | -- | |
| Chase Rt | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chase Rt | $196,800 | |
| Previous Owner | Chase Rt | $111,500 | |
| Previous Owner | Chase Rt | $111,000 |
Source: Public Records
Tax History Compared to Growth
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 | $8,151 | $718,800 | $197,500 | $521,300 |
| 2024 | $7,818 | $672,800 | $187,700 | $485,100 |
| 2023 | $7,601 | $607,600 | $173,300 | $434,300 |
| 2022 | $7,558 | $570,400 | $167,500 | $402,900 |
| 2021 | $7,267 | $526,600 | $155,900 | $370,700 |
| 2020 | $6,898 | $477,400 | $147,300 | $330,100 |
| 2019 | $6,849 | $453,600 | $139,800 | $313,800 |
| 2018 | $6,375 | $414,500 | $132,800 | $281,700 |
| 2017 | $5,989 | $377,600 | $112,000 | $265,600 |
| 2016 | $5,837 | $372,500 | $106,900 | $265,600 |
| 2015 | $5,702 | $347,500 | $98,200 | $249,300 |
Source: Public Records
Map
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