2 Prospect Ave Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $566,000 - $611,000
3
Beds
2
Baths
1,384
Sq Ft
$432/Sq Ft
Est. Value
About This Home
This home is located at 2 Prospect Ave, Salem, MA 01970 and is currently estimated at $597,300, approximately $431 per square foot. 2 Prospect Ave is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 30, 2012
Sold by
Meimeteas Angelo C
Bought by
Silvia Jana and King Randy J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Outstanding Balance
$158,190
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$439,110
Purchase Details
Closed on
Feb 9, 2009
Sold by
Meimeteas Angelo C
Bought by
Copelas Jr Tr Peter E
Purchase Details
Closed on
Feb 7, 2007
Sold by
Turmenne Lorraine E and Stewart Lucille E
Bought by
Meimeteas Angelo C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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 |
---|---|---|---|
Silvia Jana | $240,000 | -- | |
Copelas Jr Tr Peter E | $120,000 | -- | |
Meimeteas Angelo C | $225,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Meimeteas Angelo C | $228,000 | |
Previous Owner | Meimeteas Angelo C | $213,750 | |
Previous Owner | Meimeteas Angelo C | $87,000 | |
Previous Owner | Meimeteas Angelo C | $45,000 |
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 | $5,592 | $493,100 | $197,600 | $295,500 |
2024 | $5,467 | $470,500 | $187,200 | $283,300 |
2023 | $5,272 | $421,400 | $173,400 | $248,000 |
2022 | $5,202 | $392,600 | $163,000 | $229,600 |
2021 | $5,008 | $362,900 | $163,000 | $199,900 |
2020 | $4,839 | $334,900 | $140,800 | $194,100 |
2019 | $4,815 | $318,900 | $133,800 | $185,100 |
2018 | $4,611 | $299,800 | $127,600 | $172,200 |
2017 | $4,238 | $267,200 | $104,000 | $163,200 |
2016 | $4,101 | $261,700 | $98,500 | $163,200 |
2015 | $3,952 | $240,800 | $88,800 | $152,000 |
Source: Public Records
Map
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