NOT LISTED FOR SALE

5 Albion St Unit 2 Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $621,000 - $830,000

3 Beds
1 Bath
1,750 Sq Ft
$414/Sq Ft Est. Value

About This Home

This home is located at 5 Albion St Unit 2, Salem, MA 01970 and is currently estimated at $724,364, approximately $413 per square foot. 5 Albion St Unit 2 is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2020
Sold by
Belleau Ernest R and Dunleavy June C
Bought by
Arias Xiomara E and Medrano Ana L
Current Estimated Value
$724,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$431,476
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$292,888

Purchase Details

Closed on
Apr 30, 2002
Sold by
Giannaros Nart Abb
Bought by
Dunleavy June C and Belleau Ernest R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Arias Xiomara E $500,000 None Available
Dunleavy June C $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Xiomara E $490,943
Previous Owner Dunleavy June C $68,000
Previous Owner Dunleavy June C $242,000
Previous Owner Dunleavy June C $196,000
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 $6,354 $560,300 $209,700 $350,600
2024 $6,106 $525,500 $199,300 $326,200
2023 $5,932 $474,200 $184,000 $290,200
2022 $6,249 $471,600 $177,800 $293,800
2021 $6,127 $444,000 $165,600 $278,400
2020 $6,017 $416,400 $156,400 $260,000
2019 $5,963 $394,900 $148,400 $246,500
2018 $5,541 $360,300 $141,000 $219,300
2017 $5,150 $324,700 $119,000 $205,700
2016 $5,000 $319,100 $113,400 $205,700
2015 $4,852 $295,700 $104,200 $191,500
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Gallows Hill

5 Albion St Unit 2, Salem, MA

This home is located at 5 Albion St Unit 2, Salem, MA 01970 and is currently estimated at $724,364, approximately $413 per square foot. 5 Albion St Unit 2 is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.

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