NOT LISTED FOR SALE

3 Spring St Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $431,000 - $498,000

1 Bed
1 Bath
1,183 Sq Ft
$400/Sq Ft Est. Value

About This Home

This home is located at 3 Spring St Unit 2, Salem, MA 01970 and is currently estimated at $473,667, approximately $400 per square foot. 3 Spring St Unit 2 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Range of Values:

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Value Increase
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Percent Increase
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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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Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Bought by
Current Estimated Value
$473,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Outstanding Balance
$670,561
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$196,894

Purchase Details

Closed on
Dec 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,325,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Salem Common, MA

  • Tyson Lynch Real Estate Agent - The Proper Nest Real Estate

    Tyson Lynch

    Responds Quickly

    The Proper Nest Real Estate

    (351) 666-4531

    53 Total Sales

    7 in Salem Common

    $300K - $1.4M Price Range

    Tyson Lynch
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  • JS

    Jeffrey Sill

    Reliant Real Estate, Inc.

    (781) 556-6758

    30 Total Sales

    1 in Salem Common

    $701,000 Price

    Jeffrey Sill
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  • David Brown Real Estate Agent - Coldwell Banker Realty - Beverly

    David Brown

    Coldwell Banker Realty - Beverly

    (339) 666-1240

    62 Total Sales

    1 in Salem Common

    $616,000 Price

    David Brown
     Section Image
  • Jeremy McElwain Real Estate Agent - Coldwell Banker Realty - Manchester

    Jeremy McElwain

    Responds Quickly

    Coldwell Banker Realty - Manchester

    (857) 930-2852

    52 Total Sales

    1 in Salem Common

    $548,500 Price

    Jeremy McElwain
     Section Image
  • Donald Hardy Real Estate Agent - eXp Realty LLC

    Donald Hardy

    Responds Quickly

    eXp Realty LLC

    (857) 567-4302

    16 Total Sales

    1 in Salem Common

    $750,000 Price

    Donald Hardy
     Section Image
  • Dianna Vredenburgh Real Estate Agent - Compass

    Dianna Vredenburgh

    Responds Quickly

    Compass

    (978) 778-2223

    50 Total Sales

    4 in Salem Common

    $451K - $648K Price Range

    Dianna Vredenburgh
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$860,000 None Available
$1,000,000 None Available
$5,525,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $688,000
Previous Owner $700,000
Previous Owner $700,000
Previous Owner $500,000
Previous Owner $12,325,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,944 $347,800 $0 $347,800
2024 $3,868 $332,900 $0 $332,900
2023 $3,766 $301,000 $0 $301,000
2022 $3,653 $275,700 $0 $275,700
2021 $3,595 $260,500 $0 $260,500
2020 $3,276 $226,700 $0 $226,700
2019 $3,109 $205,900 $0 $205,900
2018 $2,756 $179,200 $0 $179,200
2017 $2,701 $170,300 $0 $170,300
2016 $2,556 $163,100 $0 $163,100
2015 $2,558 $155,900 $0 $155,900
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Salem Common

3 Spring St Unit 2, Salem, MA

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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