NOT LISTED FOR SALE

5 Read St Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $572,000 - $670,000

6 Beds
2 Baths
2,140 Sq Ft
$298/Sq Ft Est. Value

About This Home

This home is located at 5 Read St, Salem, MA 01970 and is currently estimated at $637,032, approximately $297 per square foot. 5 Read St 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
Dec 15, 2009
Sold by
Collett James B
Bought by
10 Meadow Street Llc
Current Estimated Value
$637,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Outstanding Balance
$103,033
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$533,999

Purchase Details

Closed on
Oct 7, 2009
Sold by
Aurora Loan Svcs Llc
Bought by
Collett James B

Purchase Details

Closed on
Feb 3, 2009
Sold by
Drinkwater John F
Bought by
Aurora Loan Svcs Llc

Purchase Details

Closed on
Jun 1, 1989
Sold by
Palm Richard
Bought by
Palm Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.84%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
10 Meadow Street Llc -- --
Collett James B $185,000 --
Aurora Loan Svcs Llc $242,000 --
Palm Eric $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Eric $157,000
Previous Owner Palm Eric $100,000
Previous Owner Palm Eric $175,000
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 $6,088 $536,900 $195,000 $341,900
2024 $5,890 $506,900 $185,300 $321,600
2023 $5,661 $452,500 $171,100 $281,400
2022 $5,572 $420,500 $165,400 $255,100
2021 $5,481 $397,200 $154,000 $243,200
2020 $5,253 $363,500 $145,400 $218,100
2019 $5,219 $345,600 $138,000 $207,600
2018 $5,049 $328,300 $131,100 $197,200
2017 $4,693 $295,900 $110,600 $185,300
2016 $4,557 $290,800 $105,500 $185,300
2015 $4,454 $271,400 $96,900 $174,500
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Castle Hill

5 Read St, Salem, MA

Not Listed for Sale

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