NOT LISTED FOR SALE

518 Salem St Wakefield, MA 01880

Montrose Neighborhood

Estimated Value: $2,829,188

1 Bed
2 Baths
1,832 Sq Ft
$1,544/Sq Ft Est. Value

About This Home

This home is located at 518 Salem St, Wakefield, MA 01880 and is currently estimated at $2,829,188, approximately $1,544 per square foot. 518 Salem St is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, Odyssey Day School, and Our Lady Of Assumption School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2007
Sold by
Stratis-Falangas Charles
Bought by
Sao Miguel Ft
Current Estimated Value
$2,829,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$694,091
Interest Rate
6.24%
Mortgage Type
Commercial
Estimated Equity
$1,749,001

Purchase Details

Closed on
Apr 13, 2005
Sold by
Falangas Christine
Bought by
Falangas Charles Stratis
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Sao Miguel Ft $1,400,000 --
Sao Miguel Ft $1,400,000 --
Falangas Charles Stratis -- --
Falangas Charles Stratis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sao Miguel Ft $1,100,000
Closed Falangas Charles Stratis $1,100,000
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 $33,711 $1,549,200 $969,200 $580,000
2024 $33,084 $1,524,600 $969,200 $555,400
2023 $32,390 $1,442,100 $916,300 $525,800
2022 $31,959 $1,344,500 $881,100 $463,400
2021 $32,458 $1,315,700 $861,300 $454,400
2020 $32,787 $1,315,700 $861,300 $454,400
2019 $32,451 $1,290,300 $844,800 $445,500
2018 $32,025 $1,250,500 $826,800 $423,700
2017 $31,817 $1,226,100 $810,600 $415,500
2016 $31,714 $1,173,300 $775,300 $398,000
2015 $31,937 $1,173,300 $775,300 $398,000
2014 $30,588 $1,173,300 $775,300 $398,000
Source: Public Records

Map

Massachusetts Middlesex County Wakefield 01880 Montrose

518 Salem St, Wakefield, MA

This home is located at 518 Salem St, Wakefield, MA 01880 and is currently estimated at $2,829,188, approximately $1,544 per square foot. 518 Salem St is a home located in Middlesex County with nearby schools including Wakefield Memorial High School, Odyssey Day School, and Our Lady Of Assumption School.

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