4 Central St Salem, MA 01970
Downtown Salem NeighborhoodEstimated 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
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
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