NOT LISTED FOR SALE

5 Summit St Unit 2 Salem, MA 01970

Gallows Hill Neighborhood

Estimated Value: $763,000 - $891,000

3 Beds
2 Baths
1,485 Sq Ft
$557/Sq Ft Est. Value

About This Home

Real nice 3 bedroom 2 baths in Gallows Hill area of Salem. Available Sept 1, 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2023
Sold by
Fallon George F
Bought by
Coelho George M and Coelho Marie T
Current Estimated Value
$827,427

Purchase Details

Closed on
Jan 25, 2017
Sold by
Little Douglas
Bought by
Little Douglas and Little Daniel E

Purchase Details

Closed on
May 9, 2013
Sold by
Fallon George F
Bought by
Lheureux Francis and Lheureux Valerie

Purchase Details

Closed on
Nov 30, 2012
Sold by
Fallon George F
Bought by
Lanzillo Flaminio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,629
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2007
Sold by
Young Minerva A
Bought by
Young William A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Coelho George M -- None Available
Little Douglas -- --
Lheureux Francis -- --
Lanzillo Flaminio $99,900 --
Young William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okoh Susan I $40,700
Previous Owner Okoh Susan I $623,473
Previous Owner Little Daniel E $120,000
Previous Owner Young Minerva A $326,629
Previous Owner Young Minerva A $180,000
Previous Owner Young Minerva A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Rented $2,250 +25.0% --
08/28/2017 08/28/17 Under Contract -- -- --
04/15/2014 04/15/14 Rented $1,800 0.0% --
04/15/2014 04/15/14 For Rent $1,800 -- --

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 $8,432 $743,600 $229,600 $514,000
2024 $8,062 $693,800 $216,700 $477,100
2023 $7,819 $625,000 $197,300 $427,700
2022 $7,197 $543,200 $181,100 $362,100
2021 $6,854 $496,700 $168,200 $328,500
2020 $6,829 $472,600 $164,900 $307,700
2019 $6,759 $447,600 $155,200 $292,400
2018 $6,138 $399,100 $144,900 $254,200
2017 $5,943 $374,700 $135,800 $238,900
2016 $5,872 $374,700 $135,800 $238,900
2015 $5,627 $342,900 $119,600 $223,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Phil O'Donnell

    Aluxety

    (978) 210-6098

    4 in this area

    38 Total Sales

    Phil O'Donnell
    Section Image
  • Jim Armstrong

    Buyer's Agent in 2014

    Jim Armstrong

    Aluxety

    (978) 394-6736

    3 in this area

    65 Total Sales

    Jim Armstrong
    Section Image
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Map

Massachusetts Essex County Salem 01970 Gallows Hill

5 Summit St Unit 2, Salem, MA

This home is located at 5 Summit St Unit 2, Salem, MA 01970 and is currently estimated at $827,427, approximately $557 per square foot. 5 Summit St Unit 2 is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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