5 West Cir Salem, MA 01970
South Salem NeighborhoodEstimated Value: $717,000 - $787,000
3
Beds
2
Baths
1,885
Sq Ft
$402/Sq Ft
Est. Value
Highlights
- Ocean View
- Fenced Yard
- Garden
- Wood Flooring
- French Doors
- 2-minute walk to Forest River Park
About This Home
As of March 2021Welcome to 5 West Circle! Located on a quiet dead end street, this house is full of character and charm! The interior of this three bedroom sun-filled home boasts gleaming hardwood floors, fresh paint, and a generous sized master bedroom. There is also a perfect space for an office for all of your work from home needs! Abutting the ocean-front Forest River Park, your back gate leads to over 30 acres of public recreation space featuring a beach, large pool, baseball field, basketball court, tennis courts, walking trails and so much more to explore with your family, friends, and pets! This home has a detached garage, fenced in backyard, low maintenance siding, and potential in the basement for additional finished space. Don’t miss your opportunity to live in this highly desirable spot in Salem! First showings at open houses Saturday(2/13) and Sunday(2/14) from 11AM-1PM and will be first come first serve. All COVID-19 protocols to be followed. Appointments allowed after first open house.
Last Agent to Sell the Property
Michael Shea
Shea Real Estate Listed on: 02/09/2021
Last Buyer's Agent
Jane Beader
LAER Realty Partners
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,448
Year Built
- Built in 1935
Lot Details
- Fenced Yard
- Garden
- Property is zoned R1
Parking
- 1 Car Garage
Interior Spaces
- French Doors
- Wood Flooring
- Ocean Views
- Basement
Kitchen
- Range
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Schools
- Salemhigh/Acad School
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Heating System Uses Oil
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number M:32 L:0266
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 9, 2021
Closed on
Mar 19, 2021
Sold by
Martin Kerry
Bought by
Beader Lauren and Makofsky Harrison
Seller's Agent
Michael Shea
Shea Real Estate
Buyer's Agent
Jane Beader
LAER Realty Partners
List Price
$549,900
Sold Price
$612,000
Premium/Discount to List
$62,100
11.29%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,607
Avg. Annual Appreciation
5.37%
Original Mortgage
$520,200
Outstanding Balance
$472,637
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$290,436
Purchase Details
Closed on
Aug 2, 2017
Sold by
Martin Bradford
Bought by
Martin Kerry
Purchase Details
Closed on
Dec 24, 2003
Sold by
Norton Allison and Norton Kenneth
Bought by
Martin Bradford
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,140
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 15, 1997
Sold by
George David Allen and Shaw-George Pamela
Bought by
Norton Kenneth A and Norton Allison S
Similar Homes in Salem, MA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Beader Lauren | $612,000 | None Available | |
| Martin Kerry | -- | -- | |
| Martin Bradford | $321,200 | -- | |
| Norton Kenneth A | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Beader Lauren | $520,200 | |
| Previous Owner | Martin Bradford | $269,242 | |
| Previous Owner | George David A | $268,300 | |
| Previous Owner | George David A | $35,000 | |
| Previous Owner | George David A | $305,140 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $612,000 | +11.3% | $325 / Sq Ft |
| 02/16/2021 02/16/21 | Pending | -- | -- | -- |
| 02/09/2021 02/09/21 | For Sale | $549,900 | -- | $292 / 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 | $7,448 | $656,800 | $205,000 | $451,800 |
| 2024 | $7,207 | $620,200 | $194,900 | $425,300 |
| 2023 | $7,056 | $564,000 | $179,900 | $384,100 |
| 2022 | $6,137 | $463,200 | $173,900 | $289,300 |
| 2021 | $5,310 | $384,800 | $161,900 | $222,900 |
| 2020 | $5,121 | $354,400 | $152,900 | $201,500 |
| 2019 | $5,093 | $337,300 | $145,100 | $192,200 |
| 2018 | $4,932 | $320,700 | $137,900 | $182,800 |
| 2017 | $4,574 | $288,400 | $116,300 | $172,100 |
| 2016 | $4,435 | $283,000 | $110,900 | $172,100 |
| 2015 | -- | $264,100 | $101,900 | $162,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Michael Shea
Shea Real Estate
(978) 548-7203
11 in this area
54 Total Sales
-
Buyer's Agent in 2021
Jane Beader
Laer Realty
(508) 826-1118
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72783784
APN: SALE-000032-000000-000266
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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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