NOT LISTED FOR SALE

5 Mall St Unit 2 Salem, MA 01970

Salem Common Neighborhood

Estimated Value: $498,000 - $760,000

2 Beds
1 Bath
880 Sq Ft
$678/Sq Ft Est. Value

About This Home

Located in one of the most sought-after historic neighborhoods in Salem, this beautiful 2 bedroom apartment is centrally located just minutes away from the commuter rail, Salem Common, and all the great dining and shopping spots downtown Salem has to offer. Featuring a large kitchen with stainless steel appliances, in unit washer/ dryer, a private deck, and assigned off street parking for one and additional guest parking. Online application fee $41.99 per adult is non-refundable. Available July 15th. Tenant to pay first month’s rent, security deposit and broker fee, each equal to one month’s rent.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2008
Sold by
Petzold Elizabeth M and Petzold Raymond W
Bought by
Petzold Raymond W
Current Estimated Value
$596,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$174,182
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$422,626

Purchase Details

Closed on
Dec 15, 2004
Sold by
Slaughter Nancy Lynn
Bought by
Buchanan Susan L and Schaffnit James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2002
Sold by
Rome Laura E
Bought by
Slaughter Nancy L

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
Petzold Raymond W -- --
Petzold Raymond $330,000 --
Buchanan Susan L $320,000 --
Slaughter Nancy L $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaughter Nancy L $264,000
Closed Slaughter Nancy L $264,000
Previous Owner Slaughter Nancy L $256,000
Previous Owner Slaughter Nancy L $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2023 07/15/23 Rented $2,600 0.0% --
06/07/2023 06/07/23 Under Contract -- -- --
05/26/2023 05/26/23 For Rent $2,600 -- --

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 $5,661 $499,200 $0 $499,200
2024 $5,453 $469,300 $0 $469,300
2023 $5,229 $418,000 $0 $418,000
2022 $5,226 $394,400 $0 $394,400
2021 $5,099 $369,500 $0 $369,500
2020 $4,972 $344,100 $0 $344,100
2019 $4,820 $319,200 $0 $319,200
2018 $4,602 $299,200 $0 $299,200
2017 $4,290 $270,500 $0 $270,500
2016 $4,077 $260,200 $0 $260,200
2015 $4,168 $254,000 $0 $254,000
Source: Public Records

Agents Affiliated with this Home

  • Ann Gray

    Seller's Agent in 2023

    Ann Gray

    Coldwell Banker Realty - Beverly

    (978) 407-4468

    26 Total Sales

    Ann Gray
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Map

Massachusetts Essex County Salem 01970 Salem Common

5 Mall St Unit 2, Salem, MA

Homes for Sale in Salem, MA

This home is located at 5 Mall St Unit 2, Salem, MA 01970 and is currently estimated at $596,808, approximately $678 per square foot. 5 Mall St Unit 2 is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates 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.

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