NOT LISTED FOR SALE

61 Summer St Unit 3 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $640,000 - $761,000

2 Beds
2 Baths
1,650 Sq Ft
$427/Sq Ft Est. Value

About This Home

This home is located at 61 Summer St Unit 3, Salem, MA 01970 and is currently estimated at $704,138, approximately $426 per square foot. 61 Summer 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
Apr 4, 2011
Sold by
Colford Susan E
Bought by
Magnusson Kristen A
Current Estimated Value
$704,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,100
Outstanding Balance
$228,882
Interest Rate
5.04%
Estimated Equity
$475,256

Purchase Details

Closed on
May 31, 2006
Sold by
Schild Herbert and Schild Leanne M
Bought by
Colford Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
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
Magnusson Kristen A $340,000 --
Colford Susan E $379,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colford Susan E $328,100
Previous Owner Colford Susan E $356,000
Previous Owner Colford Susan E $93,000
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 $7,498 $661,200 $0 $661,200
2024 $7,353 $632,800 $0 $632,800
2023 $7,235 $578,300 $0 $578,300
2022 $7,019 $529,700 $0 $529,700
2021 $6,906 $500,400 $0 $500,400
2020 $6,757 $467,600 $0 $467,600
2019 $6,410 $424,500 $0 $424,500
2018 $7,616 $386,700 $0 $386,700
2017 $5,829 $367,500 $0 $367,500
2016 $5,514 $351,900 $0 $351,900
2015 $5,519 $336,300 $0 $336,300
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Downtown Salem

61 Summer St Unit 3, Salem, MA

Not Listed for Sale

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