55 Summit St Salem, MA 01970
Witchcraft Heights NeighborhoodEstimated Value: $540,000 - $705,000
3
Beds
1
Bath
1,283
Sq Ft
$471/Sq Ft
Est. Value
About This Home
This home is located at 55 Summit St, Salem, MA 01970 and is currently estimated at $604,554, approximately $471 per square foot. 55 Summit St is a home located in Essex County with nearby schools including Witchcraft Heights Elementary School, Horace Mann Laboratory, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2025
Sold by
Beals David
Bought by
Klagh & P Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,750
Outstanding Balance
$454,366
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$154,586
Purchase Details
Closed on
Dec 19, 2005
Sold by
Raney Donald R and Raney Joan P
Bought by
Doherty Gayle and Beals David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Klagh & P Llc | $515,000 | -- | |
Doherty Gayle | $349,900 | -- | |
Doherty Gayle | $349,900 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Klagh & P Llc | $454,750 | |
Closed | Klagh & P Llc | $454,750 | |
Previous Owner | Beals David J | $394,026 | |
Previous Owner | Beals David J | $393,964 | |
Previous Owner | Beals David | $391,635 | |
Previous Owner | Beals David J | $389,193 | |
Previous Owner | Beals David J | $318,400 | |
Previous Owner | Doherty Gayle | $55,000 | |
Previous Owner | Doherty Gayle | $334,000 | |
Previous Owner | Doherty Gayle | $279,200 |
Source: Public Records
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 | $6,061 | $534,500 | $217,500 | $317,000 |
2024 | $6,062 | $521,700 | $205,300 | $316,400 |
2023 | $5,837 | $466,600 | $186,900 | $279,700 |
2022 | $5,471 | $412,900 | $171,600 | $241,300 |
2021 | $5,302 | $384,200 | $159,300 | $224,900 |
2020 | $5,318 | $368,000 | $156,300 | $211,700 |
2019 | $5,262 | $348,500 | $147,100 | $201,400 |
2018 | $5,028 | $326,900 | $137,300 | $189,600 |
2017 | $4,815 | $303,600 | $128,700 | $174,900 |
2016 | $4,757 | $303,600 | $128,700 | $174,900 |
2015 | $4,368 | $266,200 | $113,400 | $152,800 |
Source: Public Records
Map
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