5 Cypress St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $464,000 - $585,000
3
Beds
2
Baths
988
Sq Ft
$542/Sq Ft
Est. Value
About This Home
This home is located at 5 Cypress St, Salem, MA 01970 and is currently estimated at $535,390, approximately $541 per square foot. 5 Cypress St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 30, 1996
Sold by
Jacobs Thomas and Gardner Sharon
Bought by
Mcinnes Kristin M
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
$103,000
Outstanding Balance
$9,900
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$525,202
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Mcinnes Kristin M | $110,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Jacobs Thomas | $103,000 | |
Previous Owner | Jacobs Thomas | $89,250 | |
Previous Owner | Jacobs Thomas | $18,500 |
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 | $5,369 | $473,500 | $157,100 | $316,400 |
2024 | $5,188 | $446,500 | $148,800 | $297,700 |
2023 | $5,045 | $403,300 | $137,800 | $265,500 |
2022 | $4,779 | $360,700 | $129,500 | $231,200 |
2021 | $4,834 | $350,300 | $129,500 | $220,800 |
2020 | $4,419 | $305,800 | $111,900 | $193,900 |
2019 | $4,402 | $291,500 | $106,400 | $185,100 |
2018 | $4,269 | $277,600 | $101,400 | $176,200 |
2017 | $3,946 | $248,800 | $82,700 | $166,100 |
2016 | $3,830 | $244,400 | $78,300 | $166,100 |
2015 | $3,618 | $220,500 | $70,600 | $149,900 |
Source: Public Records
Map
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