Seller's Agent in 2022
Luciano Leone Team
RE/MAX 360
2 in this area
187 Total Sales
450 Loring Ave Salem, MA 01970
Vinnin Square NeighborhoodEstimated Value: $707,000 - $852,000
4
Beds
2
Baths
2,466
Sq Ft
$308/Sq Ft
Est. Value
Highlights
- Golf Course Community
- 0.34 Acre Lot
- Property is near public transit and schools
- Medical Services
- Open Floorplan
- Family Room with Fireplace
About This Home
As of September 2022Enjoy summer breezes in this airy, bright and well-loved ranch! Located on the edge of South Salem, it's a commuter's dream at the intersection of all Salem, Swampscott, and Marblehead have to offer! A multitude of Vinnin Square shops & restaurants are at your doorstep & easily accessible, along w/local highways, public transportation, several nearby parks & schools! This home is perfectly set up for indoor/outdoor entertaining. After admiring the expansive 1/3 acre lot w/lush landscaping, plentiful driveway parking, and the cutest covered back porch, come inside! Greeting you is a fireplaced living room w/brand new carpet and huge bay window! Eat in kitchen w/plenty of counters & cabinetry, and access to a huge breezeway perfect for relaxing! 4 generous bedrooms and full bathroom round out main level. Head upstairs for an enormous bonus space w/tons of potential! Mostly finished basement adds a 2nd bathroom, expansive family room w/wet bar, laundry room, workshop, and tons of storage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,144
Year Built
- Built in 1953
Lot Details
- 0.34 Acre Lot
- Gentle Sloping Lot
- Wooded Lot
- Property is zoned R1
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Ranch Style House
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,466 Sq Ft Home
- Open Floorplan
- Wet Bar
- Beamed Ceilings
- Ceiling Fan
- Skylights
- Light Fixtures
- Bay Window
- Mud Room
- Family Room with Fireplace
- 2 Fireplaces
- Great Room
- Living Room with Fireplace
- Dining Area
- Bonus Room
- Attic Access Panel
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Concrete
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Sump Pump
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Bulkhead
- Separate Outdoor Workshop
- Outdoor Storage
- Breezeway
- Rain Gutters
- Porch
Location
- Property is near public transit and schools
Schools
- Horace Mann Elementary School
- Collins Middle School
- Salem High School
Utilities
- Window Unit Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Oil
- Baseboard Heating
- Water Heater
Listing and Financial Details
- Tax Lot 0053
- Assessor Parcel Number 2133701
Community Details
Overview
- Near Conservation Area
Amenities
- Medical Services
- Shops
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2022
Closed on
Sep 14, 2022
Sold by
Brophy Martha S
Bought by
Fuanjia Lovelyn
Seller's Agent
Luciano Leone Team
RE/MAX 360
Buyer's Agent
Olasunkanmi Oladoja
Citipoint Realty Services, LLC
List Price
$559,900
Sold Price
$620,000
Premium/Discount to List
$60,100
10.73%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,040
Avg. Annual Appreciation
6.27%
Original Mortgage
$506,000
Outstanding Balance
$481,691
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,349
Purchase Details
Closed on
Jul 25, 2008
Sold by
Jeffery Marie Anne Est and Breen
Bought by
Brophy Martha S and Mannion Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.35%
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 |
|---|---|---|---|
| Fuanjia Lovelyn | $620,000 | None Available | |
| Brophy Martha S | $340,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fuanjia Lovelyn | $506,000 | |
| Previous Owner | Brophy Martha S | $286,500 | |
| Previous Owner | Brophy Martha S | $295,000 | |
| Previous Owner | Brophy Martha S | $502,500 | |
| Previous Owner | Brophy Martha S | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/14/2022 09/14/22 | Sold | $620,000 | +10.7% | $251 / Sq Ft |
| 08/03/2022 08/03/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $559,900 | -- | $227 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,911 | $609,400 | $221,300 | $388,100 |
| 2024 | $7,057 | $607,300 | $221,300 | $386,000 |
| 2023 | $7,051 | $563,600 | $202,500 | $361,100 |
| 2022 | $7,144 | $539,200 | $195,000 | $344,200 |
| 2021 | $6,678 | $483,900 | $183,800 | $300,100 |
| 2020 | $6,526 | $451,600 | $165,000 | $286,600 |
| 2019 | $6,395 | $423,500 | $150,000 | $273,500 |
| 2018 | $6,063 | $394,200 | $139,500 | $254,700 |
| 2017 | $5,914 | $372,900 | $131,300 | $241,600 |
| 2016 | $5,455 | $348,100 | $106,500 | $241,600 |
| 2015 | $5,312 | $323,700 | $106,500 | $217,200 |
Source: Public Records
Agents Affiliated with this Home
-
Luciano Leone Team
-
Luciano Leone
Seller Co-Listing Agent in 2022
Luciano Leone
RE/MAX 360
(617) 905-8359
1 in this area
16 Total Sales
-
Olasunkanmi Oladoja
Buyer's Agent in 2022
Olasunkanmi Oladoja
Citipoint Realty Services, LLC
(857) 928-5082
1 in this area
68 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73017915
APN: SALE-000030-000000-000053
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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