NOT LISTED FOR SALE

47 Ocean Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $933,098

Studio
2 Baths
4,200 Sq Ft
$222/Sq Ft Est. Value

About This Home

This home is located at 47 Ocean Ave, Salem, MA 01970 and is currently estimated at $933,098, approximately $222 per square foot. 47 Ocean 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
Jun 16, 1998
Sold by
South Branch Rt
Bought by
Spalon Llc
Current Estimated Value
$933,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$45,247
Interest Rate
7.11%
Mortgage Type
Commercial
Estimated Equity
$887,851
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Spalon Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spalon Llc $225,000
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 $20,415 $902,500 $429,100 $473,400
2024 $19,606 $827,600 $388,400 $439,200
2023 $20,061 $794,500 $370,400 $424,100
2022 $20,406 $775,600 $352,300 $423,300
2021 $20,783 $753,000 $329,700 $423,300
2020 $20,335 $715,500 $316,200 $399,300
2019 $19,075 $645,500 $280,000 $365,500
2018 $18,533 $618,400 $252,900 $365,500
2017 $18,546 $618,400 $252,900 $365,500
2016 $18,274 $618,400 $252,900 $365,500
2015 $18,324 $591,300 $225,800 $365,500
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

47 Ocean Ave, Salem, MA

Not Listed for Sale

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