5 School St Unit 3 Salem, MA 01970
North Salem NeighborhoodEstimated Value: $455,000 - $543,000
2
Beds
2
Baths
1,134
Sq Ft
$427/Sq Ft
Est. Value
About This Home
This home is located at 5 School St Unit 3, Salem, MA 01970 and is currently estimated at $484,530, approximately $427 per square foot. 5 School St Unit 3 is a home located in Essex County with nearby schools including Bates Elementary School, Saltonstall School, and Carlton Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 2016
Sold by
Sweeney Michele
Bought by
Locke Timothy
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
$208,000
Outstanding Balance
$163,424
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$321,106
Purchase Details
Closed on
Jan 31, 2007
Sold by
Prokopy Martha
Bought by
Sweeney Michele
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 1997
Sold by
Mielcarz Irene
Bought by
Prokopy Martha and Prokopy John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Locke Timothy | $260,000 | -- | |
| Sweeney Michele | $219,900 | -- | |
| Prokopy Martha | $114,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Locke Timothy | $208,000 | |
| Previous Owner | Prokopy Martha | $168,600 | |
| Previous Owner | Prokopy Martha | $175,920 | |
| Previous Owner | Prokopy Martha | $76,000 |
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 | $4,479 | $395,000 | $0 | $395,000 |
| 2024 | $4,317 | $371,500 | $0 | $371,500 |
| 2023 | $4,535 | $362,500 | $0 | $362,500 |
| 2022 | $4,367 | $329,600 | $0 | $329,600 |
| 2021 | $4,255 | $308,300 | $0 | $308,300 |
| 2020 | $4,138 | $286,400 | $0 | $286,400 |
| 2019 | $4,063 | $269,100 | $0 | $269,100 |
| 2018 | $3,868 | $251,500 | $0 | $251,500 |
| 2017 | $3,848 | $242,600 | $0 | $242,600 |
| 2016 | $3,631 | $231,700 | $0 | $231,700 |
| 2015 | $3,640 | $221,800 | $0 | $221,800 |
Source: Public Records
Map
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