NOT LISTED FOR SALE

22 Ocean Ave Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $718,000 - $775,000

2 Beds
1 Bath
1,436 Sq Ft
$520/Sq Ft Est. Value

About This Home

This home is located at 22 Ocean Ave Unit 1, Salem, MA 01970 and is currently estimated at $747,154, approximately $520 per square foot. 22 Ocean Ave Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2003
Sold by
22 Ocean Avenue Rt
Bought by
Lyness John M
Current Estimated Value
$747,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2000
Sold by
22 Ocean Ave Rt
Bought by
Lyness John M and Lyness Marybeth B

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Lyness John M -- --
Lyness John M -- --
Lyness John M $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyness John M $170,000
Closed Lyness John M $35,000
Closed Lyness John M $172,500
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 $7,246 $639,000 $210,300 $428,700
2024 $7,006 $602,900 $199,900 $403,000
2023 $6,699 $535,500 $184,500 $351,000
2022 $6,576 $496,300 $178,400 $317,900
2021 $6,476 $469,300 $166,100 $303,200
2020 $6,244 $432,100 $156,800 $275,300
2019 $6,209 $411,200 $148,800 $262,400
2018 $6,015 $391,100 $141,500 $249,600
2017 $5,618 $354,200 $119,300 $234,900
2016 $5,464 $348,700 $113,800 $234,900
2015 $5,355 $326,300 $104,600 $221,700
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

22 Ocean Ave Unit 1, Salem, MA

Homes for Sale in Salem, MA

This home is located at 22 Ocean Ave Unit 1, Salem, MA 01970 and is currently estimated at $747,154, approximately $520 per square foot. 22 Ocean Ave Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

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