NOT LISTED FOR SALE

247 Jefferson Ave Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $663,525

2 Beds
2 Baths
2,232 Sq Ft
$297/Sq Ft Est. Value

About This Home

This home is located at 247 Jefferson Ave, Salem, MA 01970 and is currently estimated at $663,525, approximately $297 per square foot. 247 Jefferson Ave is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Lako Elvana and Lako Gentian
Bought by
Beach Rental Probably 2 L
Current Estimated Value
$663,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$496,014
Interest Rate
6.72%
Mortgage Type
Commercial
Estimated Equity
$167,511

Purchase Details

Closed on
Mar 1, 2021
Sold by
247 Jefferson Ave Rt and Deorio
Bought by
Lako Elvana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
Beach Rental Probably 2 L -- None Available
Beach Rental Probably 2 L -- None Available
Beach Rental Probably 2 L -- None Available
Lako Elvana $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beach Rental Probably 2 L $500,000
Closed Beach Rental Probably 2 L $500,000
Previous Owner Lako Elvana $350,000
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 $6,333 $607,300 $278,900 $328,400
2024 $6,333 $557,800 $252,900 $304,900
2023 $6,333 $506,200 $241,700 $264,500
2022 $5,829 $439,900 $184,500 $255,400
2021 $5,568 $403,500 $175,500 $228,000
2020 $5,433 $376,000 $166,600 $209,400
2019 $5,409 $358,200 $148,800 $209,400
2018 $4,849 $315,300 $130,900 $184,400
2017 $4,856 $306,200 $130,900 $175,300
2016 $4,798 $306,200 $130,900 $175,300
2015 $4,601 $280,400 $114,200 $166,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Castle Hill

247 Jefferson Ave, Salem, MA

Not Listed for Sale

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