NOT LISTED FOR SALE

56 Salem St Unit 3 Salem, MA 01970

The Point Neighborhood

Estimated Value: $821,238 - $860,000

1 Bed
1 Bath
2,295 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 56 Salem St Unit 3, Salem, MA 01970 and is currently estimated at $839,310, approximately $365 per square foot. 56 Salem St Unit 3 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Silverio Arinson
Bought by
Valera Melida
Current Estimated Value
$842,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,750
Outstanding Balance
$558,156
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,154

Purchase Details

Closed on
Nov 7, 2016
Sold by
Pierre Raymond Leo S E
Bought by
Silverio Arinson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,153
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1992
Sold by
Eastern Bank
Bought by
Stpierre Raymond L

Purchase Details

Closed on
Nov 22, 1991
Sold by
Hezekiah J Alan
Bought by
Eastern Bank
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
Valera Melida $695,000 None Available
Silverio Arinson $378,000 --
Stpierre Raymond L $79,000 --
Eastern Bank $86,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valera Melida $590,750
Previous Owner Silverio Arinson $399,000
Previous Owner Silverio Arinson $371,153
Previous Owner Eastern Bank $50,000
Previous Owner Eastern Bank $105,000
Previous Owner Eastern Bank $63,000
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 $7,879 $694,800 $143,700 $551,100
2024 $7,642 $657,700 $143,700 $514,000
2023 $7,415 $592,700 $126,800 $465,900
2022 $7,087 $534,900 $118,300 $416,600
2021 $6,813 $493,700 $110,400 $383,300
2020 $6,034 $417,600 $81,400 $336,200
2019 $5,915 $391,700 $71,800 $319,900
2018 $5,521 $359,000 $71,800 $287,200
2017 $4,869 $307,000 $61,300 $245,700
2016 $4,811 $307,000 $61,300 $245,700
2015 $4,083 $248,800 $52,700 $196,100
Source: Public Records

Map

Massachusetts Essex County Salem 01970 The Point

56 Salem St Unit 3, Salem, MA

This home is located at 56 Salem St Unit 3, Salem, MA 01970 and is currently estimated at $839,310, approximately $365 per square foot. 56 Salem St Unit 3 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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