5 Preston Rd Salem, MA 01970
South Salem NeighborhoodEstimated Value: $716,000 - $856,000
4
Beds
3
Baths
1,890
Sq Ft
$405/Sq Ft
Est. Value
About This Home
This home is located at 5 Preston Rd, Salem, MA 01970 and is currently estimated at $765,103, approximately $404 per square foot. 5 Preston Rd is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Witchcraft Heights Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 18, 2023
Sold by
Martel Rt and Martel
Bought by
Delorenzo Janice A and Delorenzo John
Current Estimated Value
Purchase Details
Closed on
May 8, 2007
Sold by
Martel Rt and Martel
Bought by
Martel Donald R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage
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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 |
|---|---|---|---|
| Delorenzo Janice A | -- | None Available | |
| Martel Donald R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Martel Donald R | $311,250 | |
| Previous Owner | Martel Donald R | $160,000 | |
| Previous Owner | Martel Donald R | $85,000 | |
| Previous Owner | Martel Donald R | $40,000 |
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 | $7,339 | $647,200 | $222,200 | $425,000 |
| 2024 | $7,177 | $617,600 | $209,600 | $408,000 |
| 2023 | $6,977 | $557,700 | $190,900 | $366,800 |
| 2022 | $6,441 | $486,100 | $175,200 | $310,900 |
| 2021 | $6,020 | $436,200 | $162,700 | $273,500 |
| 2020 | $6,101 | $422,200 | $159,600 | $262,600 |
| 2019 | $6,064 | $401,600 | $150,200 | $251,400 |
| 2018 | $5,778 | $375,700 | $140,200 | $235,500 |
| 2017 | $5,641 | $355,700 | $131,400 | $224,300 |
| 2016 | $5,574 | $355,700 | $131,400 | $224,300 |
| 2015 | $5,364 | $326,900 | $115,800 | $211,100 |
Source: Public Records
Map
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