5 Ocean Ave Salem, MA 01970
South Salem NeighborhoodEstimated Value: $774,000 - $881,649
4
Beds
2
Baths
1,941
Sq Ft
$426/Sq Ft
Est. Value
About This Home
This home is located at 5 Ocean Ave, Salem, MA 01970 and is currently estimated at $827,162, approximately $426 per square foot. 5 Ocean Ave is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 7, 2007
Sold by
Maes-Keating Nicole and Keating Philip
Bought by
Pabich Jill C
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
$235,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 5, 1998
Sold by
Wood Henry T Est
Bought by
Keating Philip
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Pabich Jill C | $410,000 | -- | |
Keating Philip | $173,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Keating Philip | $231,000 | |
Closed | Keating Philip | $235,000 | |
Previous Owner | Keating Philip | $301,000 |
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 | $8,997 | $793,400 | $218,700 | $574,700 |
2024 | $8,689 | $747,800 | $207,900 | $539,900 |
2023 | $8,394 | $671,000 | $191,900 | $479,100 |
2022 | $7,990 | $603,000 | $185,500 | $417,500 |
2021 | $7,884 | $571,300 | $172,700 | $398,600 |
2020 | $7,478 | $517,500 | $163,100 | $354,400 |
2019 | $7,446 | $493,100 | $154,800 | $338,300 |
2018 | $7,210 | $468,800 | $147,100 | $321,700 |
2017 | $6,959 | $438,800 | $124,100 | $314,700 |
2016 | $6,785 | $433,000 | $118,300 | $314,700 |
2015 | $6,472 | $394,400 | $108,700 | $285,700 |
Source: Public Records
Map
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