NOT LISTED FOR SALE

5 Preston Rd Salem, MA 01970

South Salem Neighborhood

Estimated Value: $722,000 - $750,000

4 Beds
3 Baths
1,890 Sq Ft
$390/Sq Ft Est. Value

About This Home

This home is located at 5 Preston Rd, Salem, MA 01970 and is currently estimated at $736,378, approximately $389 per square foot. 5 Preston Rd is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton 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
$736,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$344,341
Interest Rate
6.78%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$406,047

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

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Delorenzo Janice A -- None Available
Martel Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delorenzo Janice A $350,000
Previous Owner Martel Rt $45,000
Previous Owner Martel Rt $58,000
Previous Owner Martel Rt $50,000
Previous Owner Martel Richard W $311,250
Previous Owner Martel Richard W $160,000
Previous Owner Martel Richard W $85,000
Previous Owner Martel Richard W $40,000
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 $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

Massachusetts Essex County Salem 01970 South Salem

5 Preston Rd, Salem, MA

Homes for Sale in Salem, MA

This home is located at 5 Preston Rd, Salem, MA 01970 and is currently estimated at $736,378, approximately $389 per square foot. 5 Preston Rd is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

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