490 Loring Ave Salem, MA 01970
Vinnin Square NeighborhoodEstimated Value: $537,000 - $665,800
4
Beds
2
Baths
1,610
Sq Ft
$385/Sq Ft
Est. Value
About This Home
This home is located at 490 Loring Ave, Salem, MA 01970 and is currently estimated at $620,450, approximately $385 per square foot. 490 Loring Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Witchcraft Heights Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 3, 2003
Sold by
Bigay Amarylis F and Bigay Jose A
Bought by
Decoste Jacqueline and Decoste Steven
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$118,677
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$501,773
Purchase Details
Closed on
Mar 24, 1995
Sold by
Broadbent Herbert and Broadbent Rosemary
Bought by
Bigay Jose and Bigay Amarilys
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.78%
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 |
---|---|---|---|
Decoste Jacqueline | $30,200 | -- | |
Bigay Jose | $125,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Bigay Jose | $275,000 | |
Previous Owner | Bigay Jose | $24,999 | |
Previous Owner | Bigay Jose | $100,000 | |
Previous Owner | Bigay Jose | $100,000 |
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 | $6,350 | $560,000 | $222,100 | $337,900 |
2024 | $6,303 | $542,400 | $222,100 | $320,300 |
2023 | $5,960 | $476,400 | $203,300 | $273,100 |
2022 | $5,786 | $436,700 | $195,800 | $240,900 |
2021 | $5,817 | $421,500 | $184,600 | $236,900 |
2020 | $5,565 | $385,100 | $165,800 | $219,300 |
2019 | $5,370 | $355,600 | $150,800 | $204,800 |
2018 | $5,166 | $335,900 | $140,300 | $195,600 |
2017 | $5,093 | $321,100 | $132,100 | $189,000 |
2016 | $4,618 | $294,700 | $107,300 | $187,400 |
2015 | $4,672 | $284,700 | $107,300 | $177,400 |
Source: Public Records
Map
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