NOT LISTED FOR SALE

55 Buffum St Salem, MA 01970

North Salem Neighborhood

Estimated Value: $819,000 - $984,000

2 Beds
4 Baths
900 Sq Ft
$976/Sq Ft Est. Value

About This Home

Fully renovated first-floor apartment with modern upgrades in convenient North Salem location less than 1 mile to downtown and the train. - Kitchen: New tile floor, granite countertops, and brand new appliances including a gas range and stainless steel dishwasher. - Windows: Triple-pane high-efficiency windows throughout. - Bathroom: Features a tiled shower and heated floor. - Master Bedroom: Includes an attached bonus room, perfect for an office or game room. - Flooring: Brand new reclaimed hardwood floors throughout. - Heating & Cooling: Mitsubishi Hyperheat mini-splits for efficient heating and air conditioning. - Location: North Salem, just a 15-minute walk to downtown Salem and outside the major traffic zone. - Additional Features: Covered porch and laundry hookups in the basement.Pet Policy: Dogs or cats under 30lb is $60 a month fee each (max 2), pets over 30lb is $100/month per pet. Sorry no restricted breeds unless they have canine good citizen.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2019
Sold by
Naumkeag Rt
Bought by
Mitchell Jamie and Mitchell Roy
Current Estimated Value
$878,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$355,582
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$522,447

Purchase Details

Closed on
Jan 5, 2011
Sold by
Copelas Peter
Bought by
Naumkeag Rt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mitchell Jamie $540,000 --
Naumkeag Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Jamie $405,000
Previous Owner Naumkeag Rt $150,000
Previous Owner Naumkeag Rt $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2024 08/26/24 For Rent $2,800 -- --

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 $8,490 $748,700 $203,200 $545,500
2024 $8,148 $701,200 $193,100 $508,100
2023 $7,894 $631,000 $178,300 $452,700
2022 $7,653 $577,600 $172,300 $405,300
2021 $7,315 $530,100 $160,400 $369,700
2020 $5,865 $405,900 $151,500 $254,400
2019 $5,807 $384,600 $143,800 $240,800
2018 $5,420 $352,400 $136,700 $215,700
2017 $5,050 $318,400 $115,300 $203,100
2016 $4,905 $313,000 $109,900 $203,100
2015 $4,779 $291,200 $101,000 $190,200
Source: Public Records

Map

Massachusetts Essex County Salem 01970 North Salem

55 Buffum St, Salem, MA

Not Listed for Sale

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