NOT LISTED FOR SALE

20 Federal St Unit 7 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $788,000 - $962,000

3 Beds
3 Baths
2,635 Sq Ft
$327/Sq Ft Est. Value

About This Home

This home is located at 20 Federal St Unit 7, Salem, MA 01970 and is currently estimated at $862,445, approximately $327 per square foot. 20 Federal St Unit 7 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2016
Sold by
Nichols Arthur A
Bought by
Karelitz-Laaff Ann
Current Estimated Value
$862,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$183,262
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$637,672

Purchase Details

Closed on
Nov 8, 2013
Sold by
Schaffer Donald J and Schaffer Patricia D
Bought by
Nichols Arthur A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2005
Sold by
Eliezer Janet A and Eliezer Sandra A
Bought by
Schaffer Donald J and Schaffer Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2001
Sold by
Hopkins Roger C
Bought by
Eliezer Sandra A and Eliezer Janet A

Purchase Details

Closed on
Oct 19, 2000
Sold by
Hiner Ronald L and Hiner Mary Lynn
Bought by
Hopkins Roger C

Purchase Details

Closed on
Feb 19, 1999
Sold by
Est Reid Robert V and Reid Sheila W
Bought by
Hiner Ronald and Hiner Mary Lynn
Source: Public Records

Range of Values:

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
Karelitz-Laaff Ann $555,000 --
Nichols Arthur A $410,000 --
Schaffer Donald J $375,000 --
Eliezer Sandra A $280,000 --
Hopkins Roger C $234,900 --
Hiner Ronald $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karelitz-Laaff Ann $225,000
Previous Owner Nichols Arthur A $160,000
Previous Owner Hiner Ronald $125,000
Previous Owner Hiner Ronald $20,000
Previous Owner Hiner Ronald $260,000
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 $8,151 $718,800 $0 $718,800
2024 $8,043 $692,200 $0 $692,200
2023 $8,295 $663,100 $0 $663,100
2022 $7,939 $599,200 $0 $599,200
2021 $7,807 $565,700 $0 $565,700
2020 $7,913 $547,600 $0 $547,600
2019 $7,695 $509,600 $0 $509,600
2018 $7,341 $477,300 $0 $477,300
2017 $7,056 $444,900 $0 $444,900
2016 $5,950 $379,700 $0 $379,700
2015 $6,022 $367,000 $0 $367,000
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Downtown Salem

20 Federal St Unit 7, Salem, MA

This home is located at 20 Federal St Unit 7, Salem, MA 01970 and is currently estimated at $862,445, approximately $327 per square foot. 20 Federal St Unit 7 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

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