31 Summit St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $626,000 - $706,000
3
Beds
3
Baths
1,680
Sq Ft
$403/Sq Ft
Est. Value
About This Home
This home is located at 31 Summit St, Salem, MA 01970 and is currently estimated at $677,317, approximately $403 per square foot. 31 Summit St is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 28, 2022
Sold by
Wallace Pamela A
Bought by
Pamela A Wallace 2022 Ret
Current Estimated Value
Purchase Details
Closed on
Nov 21, 1997
Sold by
Sypropoulos Paul
Bought by
Wallace Famela A and Wallace Robert A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 11, 1997
Sold by
Blasczak Raymond R and Blasczak Deborah L
Bought by
Spyropoulos Paul
Purchase Details
Closed on
Feb 28, 1997
Sold by
Blasczak Jonathan A
Bought by
Spyropoulos Paul
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pamela A Wallace 2022 Ret | -- | None Available | |
| Wallace Famela A | $162,500 | -- | |
| Spyropoulos Paul | $58,500 | -- | |
| Spyropoulos Paul | $19,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spyropoulos Paul | $150,000 | |
| Previous Owner | Spyropoulos Paul | $146,250 |
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 | $7,322 | $645,700 | $234,600 | $411,100 |
| 2024 | $7,058 | $607,400 | $221,400 | $386,000 |
| 2023 | $6,808 | $544,200 | $201,500 | $342,700 |
| 2022 | $6,406 | $483,500 | $185,000 | $298,500 |
| 2021 | $6,304 | $456,800 | $171,800 | $285,000 |
| 2020 | $5,962 | $412,600 | $168,500 | $244,100 |
| 2019 | $5,913 | $391,600 | $158,600 | $233,000 |
| 2018 | $5,691 | $370,000 | $148,000 | $222,000 |
| 2017 | $5,521 | $348,100 | $138,800 | $209,300 |
| 2016 | $5,455 | $348,100 | $138,800 | $209,300 |
| 2015 | $5,115 | $311,700 | $122,200 | $189,500 |
Source: Public Records
Map
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