NOT LISTED FOR SALE

2 South St Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $630,567 - $685,000

3 Beds
1 Bath
1,616 Sq Ft
$402/Sq Ft Est. Value

About This Home

This home is located at 2 South St, Salem, MA 01970 and is currently estimated at $649,642, approximately $402 per square foot. 2 South St 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
Jul 29, 2005
Sold by
Luszcz Rachel and Luszcz Thomas
Bought by
Reed Francis P and Reed Bridget
Current Estimated Value
$649,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,910
Outstanding Balance
$156,071
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,571
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Reed Francis P $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Francis P $296,910
Previous Owner Reed Francis P $190,000
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 $5,831 $514,200 $219,200 $295,000
2024 $5,633 $484,800 $208,300 $276,500
2023 $5,421 $433,300 $192,300 $241,000
2022 $5,324 $401,800 $185,900 $215,900
2021 $5,233 $379,200 $173,000 $206,200
2020 $5,065 $350,500 $163,400 $187,100
2019 $5,040 $333,800 $155,100 $178,700
2018 $4,886 $317,700 $147,400 $170,300
2017 $4,519 $284,900 $124,300 $160,600
2016 $4,375 $279,200 $118,600 $160,600
2015 $4,268 $260,100 $108,900 $151,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Gallows Hill

2 South St, Salem, MA

Not Listed for Sale

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