31 Hancock St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $915,622 - $1,057,000
6
Beds
3
Baths
3,828
Sq Ft
$262/Sq Ft
Est. Value
About This Home
This home is located at 31 Hancock St, Salem, MA 01970 and is currently estimated at $1,002,656, approximately $261 per square foot. 31 Hancock St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2021
Sold by
Vbk Holdings Llc
Bought by
31-33 Hancock Street Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$656,658
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$345,998
Purchase Details
Closed on
Oct 26, 2021
Sold by
Rochna Pamela S and Rochna Rhett B
Bought by
Vbk Holdings Llc
Purchase Details
Closed on
Mar 31, 1997
Sold by
Ella Rt
Bought by
Rochna Rhett B and Noel Pamela S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 31-33 Hancock Street Llc | $750,000 | None Available | |
| Vbk Holdings Llc | $689,000 | None Available | |
| Rochna Rhett B | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 31-33 Hancock Street Llc | $712,500 | |
| Previous Owner | Rochna Rhett B | $328,000 | |
| Previous Owner | Rochna Rhett B | $262,000 | |
| Previous Owner | Rochna Rhett B | $108,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,014 | $794,900 | $165,300 | $629,600 |
| 2024 | $8,271 | $711,800 | $156,600 | $555,200 |
| 2023 | $6,805 | $544,000 | $145,000 | $399,000 |
| 2022 | $6,389 | $482,200 | $136,300 | $345,900 |
| 2021 | $6,229 | $451,400 | $136,300 | $315,100 |
| 2020 | $6,003 | $415,400 | $117,700 | $297,700 |
| 2019 | $5,939 | $393,300 | $111,900 | $281,400 |
| 2018 | $5,468 | $355,500 | $106,700 | $248,800 |
| 2017 | $5,067 | $319,500 | $87,000 | $232,500 |
| 2016 | $4,933 | $314,800 | $82,300 | $232,500 |
| 2015 | $4,780 | $291,300 | $74,200 | $217,100 |
Source: Public Records
Map
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