40 Summit Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $750,000 - $786,000
2
Beds
2
Baths
1,808
Sq Ft
$423/Sq Ft
Est. Value
About This Home
This home is located at 40 Summit Ave, Salem, MA 01970 and is currently estimated at $765,520, approximately $423 per square foot. 40 Summit Ave is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 29, 2005
Sold by
Watson-Felt Helen
Bought by
Barr Derek A
Current Estimated Value
Purchase Details
Closed on
May 31, 1990
Sold by
Sons Of Jacob Salem
Bought by
Felt Helen Watson
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barr Derek A | $250,000 | -- | |
| Felt Helen Watson | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Felt Helen Watson | $211,000 | |
| Closed | Felt Helen Watson | $217,000 |
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 | $7,382 | $651,000 | $218,000 | $433,000 |
| 2024 | $7,193 | $619,000 | $207,200 | $411,800 |
| 2023 | $6,805 | $544,000 | $191,300 | $352,700 |
| 2022 | $6,634 | $500,700 | $184,900 | $315,800 |
| 2021 | $6,551 | $474,700 | $172,100 | $302,600 |
| 2020 | $6,416 | $444,000 | $162,600 | $281,400 |
| 2019 | $6,279 | $415,800 | $154,300 | $261,500 |
| 2018 | $6,072 | $394,800 | $146,600 | $248,200 |
| 2017 | $5,756 | $362,900 | $123,700 | $239,200 |
| 2016 | $5,555 | $354,500 | $117,900 | $236,600 |
| 2015 | $5,446 | $331,900 | $108,400 | $223,500 |
Source: Public Records
Map
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