NOT LISTED FOR SALE

40 Salem St Salem, MA 01970

The Point Neighborhood

Estimated Value: $198,000 - $470,000

1 Bed
1 Bath
480 Sq Ft
$664/Sq Ft Est. Value

About This Home

This home is located at 40 Salem St, Salem, MA 01970 and is currently estimated at $318,724, approximately $664 per square foot. 40 Salem 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
Dec 29, 1999
Sold by
Gagnon Richard A and Gagnon Marion A
Bought by
Macarthur Demetrius
Current Estimated Value
$318,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,750
Outstanding Balance
$9,564
Interest Rate
7.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$306,747

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
Macarthur Demetrius $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macarthur Demetrius $27,750
Closed Macarthur Demetrius $7,400
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 $1,517 $133,800 $83,200 $50,600
2024 $1,555 $133,800 $83,200 $50,600
2023 $1,432 $114,500 $73,400 $41,100
2022 $1,371 $103,500 $68,500 $35,000
2021 $1,333 $96,600 $63,900 $32,700
2020 $1,113 $77,000 $47,100 $29,900
2019 $1,051 $69,600 $41,600 $28,000
2018 $1,081 $70,300 $41,600 $28,700
2017 $1,007 $63,500 $35,500 $28,000
2016 $995 $63,500 $35,500 $28,000
2015 $848 $51,700 $30,500 $21,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 The Point

40 Salem St, Salem, MA

Homes for Sale in Salem, MA

This home is located at 40 Salem St, Salem, MA 01970 and is currently estimated at $318,724, approximately $664 per square foot. 40 Salem St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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