$550,000
SOLD JUN 17, 2025
2 Beds
2 Baths
1,947 Sq Ft
9,021 Sq Ft Lot

Recently Sold

$282 Per Sq Ft

3% Below List Price

25 Days on Market

Highlights

  • Cape Cod Architecture
  • Wood Flooring
  • 2 Fireplaces
  • Property is near public transit
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of June 2025

504 Loring Ave delivers the space, flexibility, and location today’s buyers are looking for. With hardwood floors and warm natural light, the main living level offers two bedrooms, a full bath, a formal dining area, and a welcoming front living room. Downstairs, the partially finished lower level features a second kitchen, full bath, and multiple bonus rooms—perfect for extended living, in-law potential, or a private work-from-home suite. A walk-up attic provides future expansion or storage. Ample off-street parking completes the package. Set on a generous lot near Vinnin Square, this home is moments from shops, restaurants, and the Swampscott Commuter Rail. Property to be sold as-is. Whether you're a first-time buyer, investor, or planning your next chapter, this classic Salem home offers room to grow, reimagine, and make your own. Open House Thursday April 17 5:30 to 7pm. No Parking in driveway on Loring Ave

Last Agent to Sell the Property

Tyson Lynch

The Proper Nest Real Estate Listed on: 04/15/2025

Last Buyer's Agent

Ivanka Roberts

Keller Williams Pinnacle Central

Keller Williams Pinnacle Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Year Built

  • Built in 1953

Lot Details

  • 9,021 Sq Ft Lot
  • Sloped Lot
  • Property is zoned R1

Home Design

  • Cape Cod Architecture
  • Block Foundation

Interior Spaces

  • 2 Fireplaces
  • Sitting Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Laundry in Basement

Parking

  • 8 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 200+ Amp Service

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Property is near public transit

Community Details

  • No Home Owners Association
  • Shops

Listing and Financial Details

  • Assessor Parcel Number M:21 L:0021,2129838

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1953
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood, Carpet
  • Interior Amenities: Sitting Room, Accessory Apt.
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Area: 159.180555
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 175.451388
  • Master Bathroom Features: No
  • Bathroom 1 Area: 68.458333
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Basement
  • Bathroom 2 Area: 58.770833
  • Room Dining Room Level: First
  • Room Dining Room Area: 116.805555
  • Room Family Room Level: Basement
  • Room Family Room Area: 216.041666
  • Room Kitchen Level: First
  • Room Kitchen Area: 166.840277
  • Laundry Features: In Basement
  • Room Living Room Level: First
  • Room Living Room Area: 263.375
  • Basement: Partially Finished, Walk-Out Access, Interior Entry
  • Above Grade Finished Sq Ft: 1307
  • Below Grade Sq Ft: 640
  • Living Area: 1947
  • Spa YN: No
  • MAIN LO: AN6899
  • LIST PRICE PER Sq Ft: 290.19
  • PRICE PER Sq Ft: 282.49
  • MAIN SO: AN8160

Exterior Features

  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:21 L:0021,2129838
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Features: Sloped
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9021
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 401

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 6552
  • Tax Book Number: 37584

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2025
Closed on
Jun 17, 2025
Sold by
Snow Bryan E
Bought by
Nebesna Veronika and Toporovych Volodymyr
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Ivanka Roberts
Keller Williams Pinnacle Central
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Views
1238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.84%
Original Mortgage
$515,000
Outstanding Balance
$515,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,308

Purchase Details

Closed on
Apr 19, 2019
Sold by
Snow Mary E
Bought by
Snow Bryan E and Snow Mary E
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Deed $550,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,000 Purchase Money Mortgage
Previous Owner $35,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 Sold $550,000 -2.7% $282 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $565,000 -- $290 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,552 $577,800 $194,800 $383,000
2024 $6,526 $561,600 $194,800 $366,800
2023 $6,358 $508,200 $178,300 $329,900
2022 $6,160 $464,900 $171,700 $293,200
2021 $5,748 $416,500 $161,800 $254,700
2020 $5,601 $387,600 $145,300 $242,300
2019 $5,481 $363,000 $132,100 $230,900
2018 $5,188 $337,300 $122,800 $214,500
2017 $5,053 $318,600 $115,600 $203,000
2016 $4,651 $296,800 $93,800 $203,000
2015 $4,649 $283,300 $93,800 $189,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73359859

MLS Property Information Network (MLS PIN)

APN: SALE-000021-000000-000021