NOT LISTED FOR SALE

4 Central St Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $2,570,947

16 Beds
18 Baths
20,000 Sq Ft
$129/Sq Ft Est. Value

About This Home

This home is located at 4 Central St, Salem, MA 01970 and is currently priced at $2,570,947, approximately $128 per square foot. 4 Central 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
May 30, 2025
Sold by
1805 Customs House Rt and Bulter
Bought by
Salem Custom House Llc
Current Estimated Value
$2,570,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,750,000
Outstanding Balance
$3,733,926
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1994
Sold by
Pasquanna Dev Inc
Bought by
1805 Customs House Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,500
Interest Rate
8.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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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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
Salem Custom House Llc $5,000,000 None Available
Salem Custom House Llc $5,000,000 None Available
Salem Custom House Llc $5,000,000 None Available
1805 Customs House Rt $665,000 --
1805 Customs House Rt $665,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Custom House Llc $3,750,000
Closed Salem Custom House Llc $3,750,000
Previous Owner 1805 Customs House Rt $671,000
Previous Owner 1805 Customs House Rt $528,500
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 $49,320 $4,349,200 $1,368,500 $2,980,700
2024 -- $3,869,600 $1,241,000 $2,628,600
2023 $0 $3,669,900 $1,122,000 $2,547,900
2022 $0 $3,385,700 $1,020,000 $2,365,700
2021 $0 $3,215,700 $850,000 $2,365,700
2020 $0 $3,008,800 $850,000 $2,158,800
2019 $0 $2,838,800 $680,000 $2,158,800
2018 $0 $2,489,700 $612,000 $1,877,700
2017 $0 $2,387,500 $612,000 $1,775,500
2016 -- $2,387,500 $612,000 $1,775,500
2015 -- $2,147,000 $216,200 $1,930,800
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Downtown Salem

4 Central St, Salem, MA

Not Listed for Sale

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