P
Seller's Agent in 2021
Phil O'Donnell
Aluxety
(978) 210-6098
4 in this area
40 Total Sales
5 Summit St Salem, MA 01970
Gallows Hill NeighborhoodEstimated Value: $807,852 - $913,000
5
Beds
4
Baths
2,725
Sq Ft
$320/Sq Ft
Est. Value
About This Home
As of April 2021Large side by side two family home on a nice lot. This home sits on top of a hill in a great residential neighborhood. Close to the highways, minutes to downtown Salem and commuter rail to Boston. The original house was built around 1850 with the second unit added in the 20th century. The front unit has two bedrooms, living room dining area kitchen. The back unit has 3 large bedrooms, dining area, kitchen and living area with hardwood floors.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,432
Year Built
- Built in 1850
Lot Details
- 8,276
Schools
- SHS High School
Utilities
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Enclosed Patio or Porch
- Year Round Access
- Basement
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
Purchase Details
Closed on
Jan 25, 2017
Sold by
Little Douglas
Bought by
Little Douglas and Little Daniel E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2013
Sold by
Fallon George F
Bought by
Lheureux Francis and Lheureux Valerie
Purchase Details
Listed on
Sep 13, 2012
Closed on
Nov 30, 2012
Sold by
Fallon George F
Bought by
Lanzillo Flaminio
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Kathy Sullivan
RE/MAX Beacon
List Price
$349,900
Sold Price
$332,655
Premium/Discount to List
-$17,245
-4.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 | Little Douglas | $108,000 | |
| 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 |
|---|---|---|---|---|
| 04/09/2021 04/09/21 | Sold | $645,000 | +3.2% | $237 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | For Sale | $625,000 | 0.0% | $229 / Sq Ft |
| 01/27/2021 01/27/21 | Pending | -- | -- | -- |
| 01/20/2021 01/20/21 | For Sale | $625,000 | +87.9% | $229 / Sq Ft |
| 10/30/2012 10/30/12 | Sold | $332,655 | -4.9% | $122 / Sq Ft |
| 09/30/2012 09/30/12 | Pending | -- | -- | -- |
| 09/13/2012 09/13/12 | For Sale | $349,900 | -- | $128 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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
-
-
Buyer's Agent in 2021
Ashley Tetreault
Silver Key Homes Realty
(860) 334-1742
1 in this area
14 Total Sales
-
Seller's Agent in 2012
Terryanne St. Pierre
MerryFox Realty
(978) 580-9396
32 Total Sales
-
Buyer's Agent in 2012
Kathy Sullivan
RE/MAX
(781) 771-9949
62 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72776736
APN: SALE-000015-000000-000162
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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