NOT LISTED FOR SALE

20 Forest Ave Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $351,000 - $427,000

2 Beds
1 Bath
1,066 Sq Ft
$366/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $185,000 $174 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,521/month

About This Home

As of February 2016

Beautiful freshly painted 2 bedroom apartment available immediately. Quiet apartment features immaculate hardwood floors through out, butler pantry, large eat in kitchen, open dining room into the living room and stylish light fixtures. Close to Salem State University. UPDATE: NO BROKER FEE. Non-refundable $25 application fee required paid by tenant. Will go fast, so don't wait to set up your showing!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Feb 3, 2016
Sold by
Card Matthew and Card Sara E
Bought by
Cabral Robert
Seller's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
Buyer's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
Sold Price
$1,600
Current Estimated Value
$390,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,992
Avg. Annual Appreciation
9.05%
Original Mortgage
$138,750
Outstanding Balance
$113,316
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$301,682

Purchase Details

Closed on
Oct 17, 2006
Sold by
Young Cynthia Lb and Young William D
Bought by
Card Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2003
Sold by
Howard David S and Chee Terri H
Bought by
Young Cynthia L B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2000
Sold by
Ahearn Janice M
Bought by
Howard David S

Purchase Details

Closed on
Feb 1, 1989
Sold by
Hyland Property Man
Bought by
Ahearn Janice M
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cabral Robert $185,000 --
Card Matthew $206,000 --
Young Cynthia L B $189,900 --
Howard David S $125,000 --
Ahearn Janice M $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabral Robert $138,750
Previous Owner Ahearn Janice M $206,000
Previous Owner Ahearn Janice M $179,900
Previous Owner Ahearn Janice M $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2016 03/27/16 Rented $1,600 0.0% --
03/24/2016 03/24/16 Under Contract -- -- --
02/05/2016 02/05/16 For Rent $1,600 0.0% --
02/03/2016 02/03/16 Sold $185,000 0.0% $174 / Sq Ft
01/31/2016 01/31/16 Off Market $185,000 -- --
11/13/2015 11/13/15 Pending -- -- --
10/30/2015 10/30/15 Price Changed $189,000 -5.0% $177 / Sq Ft
08/19/2015 08/19/15 Price Changed $199,000 -9.1% $187 / Sq Ft
07/10/2015 07/10/15 For Sale $219,000 0.0% $205 / Sq Ft
08/01/2013 08/01/13 Rented $1,275 -5.6% --
07/02/2013 07/02/13 Under Contract -- -- --
06/08/2013 06/08/13 For Rent $1,350 -- --

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 $4,011 $353,700 $0 $353,700
2024 $3,935 $338,600 $0 $338,600
2023 $3,837 $306,700 $0 $306,700
2022 $3,722 $280,900 $0 $280,900
2021 $3,663 $265,400 $0 $265,400
2020 $3,584 $248,000 $0 $248,000
2019 $3,399 $225,100 $0 $225,100
2018 $3,153 $205,000 $0 $205,000
2017 $3,091 $194,900 $0 $194,900
2016 $2,924 $186,600 $0 $186,600
2015 $2,926 $178,300 $0 $178,300
Source: Public Records

Agents Affiliated with this Home

  • Michelle Bettencourt

    Seller's Agent in 2016

    Michelle Bettencourt

    Nina-Soto Realty, LLC

    (508) 843-7708

    4 in this area

    36 Total Sales

    Michelle Bettencourt
    Section Image

  • T

    Seller's Agent in 2016

    Team Harborside

    Sagan Harborside Sotheby's International Realty

    (617) 816-1909

    7 in this area

    146 Total Sales

    Team Harborside
    Section Image
  • Maria Van

    Buyer's Agent in 2016

    Maria Van

    Nersa Realty Services

    Section Image
  • Daniel Devan

    Seller's Agent in 2013

    Daniel Devan

    Gibson Sotheby's International Realty

    (978) 526-0243

    25 Total Sales

    Daniel Devan
    Section Image
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Map

Massachusetts Essex County Salem 01970 South Salem

20 Forest Ave Unit 2, Salem, MA

This home is located at 20 Forest Ave Unit 2, Salem, MA 01970 and is currently estimated at $390,592, approximately $366 per square foot. 20 Forest Ave Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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