NOT LISTED FOR SALE

38 Salem St Unit 2 Reading, MA 01867

Estimated Value: $799,548 - $931,000

3 Beds
2 Baths
2,378 Sq Ft
$351/Sq Ft Est. Value

About This Home

This home is located at 38 Salem St Unit 2, Reading, MA 01867 and is currently estimated at $834,137, approximately $350 per square foot. 38 Salem St Unit 2 is a home located in Middlesex County with nearby schools including J. Warren Killam Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Mcelhiney John and Santoro Christina
Bought by
Das Soumen and Das Patralekha
Current Estimated Value
$834,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$532,306
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,831

Purchase Details

Closed on
Oct 26, 2017
Sold by
Ward Priscilla and Ward Aaron
Bought by
Mcelhiney 3Rd John and Santoro Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2010
Sold by
Cerullo Bruce A
Bought by
Ward Priscilla and Ward Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2007
Sold by
Tremblay Diane A and Tremblay Mark
Bought by
Cerullo Bruce A
Source: Public Records

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
Das Soumen $660,000 None Available
Mcelhiney 3Rd John $505,000 --
Ward Priscilla $400,000 --
Ward Priscilla $400,000 --
Cerullo Bruce A $415,000 --
Cerullo Bruce A $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Das Soumen $585,000
Previous Owner Mcelhiney 3Rd John $454,500
Previous Owner Ward Priscilla $392,755
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 $7,974 $700,100 $0 $700,100
2024 $7,835 $668,500 $0 $668,500
2023 $8,017 $636,800 $0 $636,800
2022 $7,590 $569,400 $0 $569,400
2021 $7,572 $548,300 $0 $548,300
2020 $7,479 $536,100 $0 $536,100
2019 $6,994 $491,500 $0 $491,500
2018 $6,355 $458,200 $0 $458,200
2017 $6,180 $440,500 $0 $440,500
2016 $6,112 $421,500 $0 $421,500
2015 $5,999 $408,100 $0 $408,100
2014 $5,675 $385,000 $0 $385,000
Source: Public Records

Map

Massachusetts Middlesex County Reading 01867

38 Salem St Unit 2, Reading, MA

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