40 Cabot St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $888,821 - $999,000
6
Beds
3
Baths
3,189
Sq Ft
$299/Sq Ft
Est. Value
About This Home
This home is located at 40 Cabot St, Salem, MA 01970 and is currently estimated at $954,205, approximately $299 per square foot. 40 Cabot 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 1, 2018
Sold by
Kiley Elaina M and Kiley Michael P
Bought by
Sone Tania C
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
$503,500
Outstanding Balance
$433,929
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$520,276
Purchase Details
Closed on
Mar 5, 2013
Sold by
Kiley Michael P and Kiley Elaina M
Bought by
Kiley Michael P
Purchase Details
Closed on
Nov 16, 2005
Sold by
Vallis Donna M and Vallis Ray C
Bought by
Kiley Michael P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 26, 2003
Sold by
Martel Rachel P
Bought by
Vallis Ray C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.09%
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 |
|---|---|---|---|
| Sone Tania C | $530,000 | -- | |
| Kiley Michael P | -- | -- | |
| Kiley Michael P | -- | -- | |
| Kiley Michael P | $460,000 | -- | |
| Vallis Ray C | $380,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sone Tania C | $503,500 | |
| Previous Owner | Vallis Ray C | $368,000 | |
| Previous Owner | Vallis Ray C | $342,000 | |
| Previous Owner | Vallis Ray C | $33,000 |
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 | $8,139 | $717,700 | $167,600 | $550,100 |
| 2024 | $7,513 | $646,600 | $158,800 | $487,800 |
| 2023 | $7,276 | $581,600 | $147,000 | $434,600 |
| 2022 | $7,195 | $543,000 | $138,200 | $404,800 |
| 2021 | $7,035 | $509,800 | $138,200 | $371,600 |
| 2020 | $6,524 | $451,500 | $119,400 | $332,100 |
| 2019 | $5,427 | $359,400 | $113,500 | $245,900 |
| 2018 | $5,035 | $327,400 | $108,200 | $219,200 |
| 2017 | $4,663 | $294,000 | $88,200 | $205,800 |
| 2016 | $4,533 | $289,300 | $83,500 | $205,800 |
| 2015 | $4,398 | $268,000 | $75,300 | $192,700 |
Source: Public Records
Map
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