47 Hancock St Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $1,049,082 - $1,181,000
3
Beds
1
Bath
1,250
Sq Ft
$877/Sq Ft
Est. Value
About This Home
This home is located at 47 Hancock St Unit 1, Salem, MA 01970 and is currently estimated at $1,096,521, approximately $877 per square foot. 47 Hancock St Unit 1 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
Nov 13, 2023
Sold by
Hoang Hien T and Hoang Nhan K
Bought by
Hoang Property Llc
Current Estimated Value
Purchase Details
Closed on
Nov 25, 2019
Sold by
Smith Judith E and Smith Wayne R
Bought by
Hoang Hien T and Hoang Nhan K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2001
Sold by
Viel Jean George
Bought by
Smith Wayne R and Smith Judith E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
7.18%
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 |
|---|---|---|---|
| Hoang Property Llc | -- | None Available | |
| Hoang Hien T | $675,000 | -- | |
| Smith Wayne R | $289,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hoang Hien T | $506,250 | |
| Previous Owner | Smith Wayne R | $25,000 | |
| Previous Owner | Smith Wayne R | $320,000 | |
| Previous Owner | Smith Wayne R | $314,650 | |
| Previous Owner | Smith Wayne R | $310,000 |
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 | $10,571 | $932,200 | $167,500 | $764,700 |
| 2024 | $9,660 | $831,300 | $158,700 | $672,600 |
| 2023 | $9,401 | $751,500 | $146,900 | $604,600 |
| 2022 | $8,995 | $678,900 | $138,100 | $540,800 |
| 2021 | $8,724 | $632,200 | $138,100 | $494,100 |
| 2020 | $7,325 | $506,900 | $119,300 | $387,600 |
| 2019 | $7,257 | $480,600 | $113,400 | $367,200 |
| 2018 | $6,687 | $434,800 | $108,100 | $326,700 |
| 2017 | $6,258 | $394,600 | $88,200 | $306,400 |
| 2016 | $6,110 | $389,900 | $83,500 | $306,400 |
| 2015 | $5,940 | $362,000 | $75,200 | $286,800 |
Source: Public Records
Map
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