NOT LISTED FOR SALE

486 Loring Ave Salem, MA 01970

Vinnin Square Neighborhood

Estimated Value: $634,000 - $702,000

4 Beds
2 Baths
2,131 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 01, 2012

Last sale price $301,000 $141 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,168/month

43 Days on Market

About This Home

As of August 2012

Spread out in this Salem 4BR! You won't believe the size of the upstairs rooms, and when you add in the finished basement there's space for work, for play, for friends and family. This well-maintained home flows beautifully between public and private spaces, with a central kitchen to pull it all together. Relax in the two-level fully-fenced back yard while enjoying the security of both off-street and garage parking. And the amenities of Vinnin Square are right there!

Last Agent to Sell the Property

Mark Dirksen

Keller Williams Realty Evolution License #454004962 Listed on: 03/14/2012

Last Buyer's Agent

Donn Heath

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,687

Year Built

1950

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers, 100 Amps
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bedroom 4: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Oil

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2012
Closed on
Aug 1, 2012
Sold by
Hibbs Christina K
Bought by
Deldotto Joshua J and Deldotto Sarah L
Seller's Agent
Mark Dirksen
Keller Williams Realty Evolution
Buyer's Agent
Donn Heath
Coldwell Banker Realty - Lexington
List Price
$299,900
Sold Price
$301,000
Premium/Discount to List
$1,100
0.37%
Current Estimated Value
$681,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,090
Avg. Annual Appreciation
6.38%
Original Mortgage
$240,800
Outstanding Balance
$167,050
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$514,040

Purchase Details

Closed on
Dec 15, 1998
Sold by
Demirchian Mkrtich and Demirchian Jirair
Bought by
Hibbs Christina K
Source: Public Records

Range of Values:

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Average Value
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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
Deldotto Joshua J $301,000 --
Hibbs Christina K $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hibbs Christina K $240,800
Previous Owner Hibbs Christina K $44,245
Previous Owner Hibbs Christina K $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2012 08/01/12 Sold $301,000 +0.4% $141 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $299,900 -- $141 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,687 $589,700 $179,200 $410,500
2024 $6,627 $570,300 $179,200 $391,100
2023 $6,346 $507,300 $164,000 $343,300
2022 $6,000 $452,800 $158,000 $294,800
2021 $6,003 $435,000 $148,800 $286,200
2020 $5,666 $392,100 $133,700 $258,400
2019 $5,463 $361,800 $121,500 $240,300
2018 $5,257 $341,800 $113,000 $228,800
2017 $5,185 $326,900 $106,300 $220,600
2016 $4,809 $306,900 $86,300 $220,600
2015 $4,843 $295,100 $86,300 $208,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mark Dirksen

    Keller Williams Realty Evolution

  • D

    Buyer's Agent in 2012

    Donn Heath

    Coldwell Banker Realty - Lexington

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71351445

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000142

Massachusetts Essex County Salem 01970 Vinnin Square

486 Loring Ave, Salem, MA

This home is located at 486 Loring Ave, Salem, MA 01970 since 14 March 2012 and is currently estimated at $681,090, approximately $319 per square foot. This property was built in 1950. 486 Loring Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Witchcraft Heights Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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