NOT LISTED FOR SALE

48 Summit Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $727,705 - $843,000

4 Beds
3 Baths
1,984 Sq Ft
$392/Sq Ft Est. Value

About This Home

This home is located at 48 Summit Ave, Salem, MA 01970 and is currently estimated at $777,176, approximately $391 per square foot. 48 Summit Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2011
Sold by
Norton Eleanore J
Bought by
Griffin Michael D and Griffin Erika C
Current Estimated Value
$751,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$149,945
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$627,231
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

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Quantarium

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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
Griffin Michael D $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Michael D $220,000
Previous Owner Griffin Michael D $40,000
Previous Owner Griffin Michael D $75,000
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 $6,975 $615,100 $210,300 $404,800
2024 $6,835 $588,200 $199,900 $388,300
2023 $6,546 $523,300 $184,500 $338,800
2022 $6,220 $469,400 $178,400 $291,000
2021 $6,247 $452,700 $166,100 $286,600
2020 $6,030 $417,300 $156,800 $260,500
2019 $5,922 $392,200 $148,800 $243,400
2018 $5,764 $374,800 $141,500 $233,300
2017 $5,478 $345,400 $119,300 $226,100
2016 $5,326 $339,900 $113,800 $226,100
2015 $5,325 $324,500 $104,600 $219,900
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

48 Summit Ave, Salem, MA

Not Listed for Sale

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