NOT LISTED FOR SALE

509 Loring Ave Salem, MA 01970

Vinnin Square Neighborhood

Estimated Value: $686,000 - $763,000

4 Beds
2 Baths
2,600 Sq Ft
$279/Sq Ft Est. Value

About This Home

This home is located at 509 Loring Ave, Salem, MA 01970 and is currently estimated at $725,541, approximately $279 per square foot. 509 Loring Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2001
Sold by
Colangelo Richard N and Colangelo Mary L
Bought by
Soon Wei Hock and Pham Lien K
Current Estimated Value
$725,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Outstanding Balance
$69,094
Interest Rate
6.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$656,447

Purchase Details

Closed on
Jul 7, 1993
Sold by
Ave Fourteen Puritan
Bought by
Colangelo Richard N and Holden Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
7.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Soon Wei Hock $326,000 --
Colangelo Richard N $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colangelo Richard N $176,000
Previous Owner Colangelo Richard N $25,000
Previous Owner Colangelo Richard N $105,500
Previous Owner Colangelo Richard N $113,600
Source: Public Records

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 $6,788 $598,600 $196,500 $402,100
2024 $6,949 $598,000 $196,500 $401,500
2023 $6,772 $541,300 $179,800 $361,500
2022 $6,565 $495,500 $173,200 $322,300
2021 $6,420 $465,200 $163,200 $302,000
2020 $6,446 $446,100 $146,500 $299,600
2019 $6,350 $420,500 $133,200 $287,300
2018 $6,087 $395,800 $123,900 $271,900
2017 $5,857 $369,300 $116,600 $252,700
2016 $5,442 $347,300 $94,600 $252,700
2015 $5,396 $328,800 $94,600 $234,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Vinnin Square

509 Loring Ave, Salem, MA

This home is located at 509 Loring Ave, Salem, MA 01970 and is currently estimated at $725,541, approximately $279 per square foot. 509 Loring Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton 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.

Nearby Homes