NOT LISTED FOR SALE

61 Wharf St Unit 1 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $465,000 - $548,223

2 Beds
1 Bath
1,131 Sq Ft
$464/Sq Ft Est. Value

About This Home

This home is located at 61 Wharf St Unit 1, Salem, MA 01970 and is currently estimated at $525,056, approximately $464 per square foot. 61 Wharf St Unit 1 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
Nov 7, 2016
Sold by
Young Raymond L
Bought by
Kurti Mervin and Kurti Eljonida
Current Estimated Value
$525,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Outstanding Balance
$155,861
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$373,792

Purchase Details

Closed on
May 4, 2007
Sold by
Young Mary S and Paul Young R
Bought by
Young R Paul

Purchase Details

Closed on
Jan 3, 1997
Sold by
Pike Toni Ann and Fusco Toni Ann
Bought by
Young R Paul and Young Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1987
Sold by
Freedman Brian W
Bought by
Rusco Ralph
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
Kurti Mervin $257,000 --
Young R Paul -- --
Young R Paul $110,000 --
Rusco Ralph $159,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurti Mervin $50,000
Open Kurti Mervin $192,750
Previous Owner Rusco Ralph $81,500
Previous Owner Rusco Ralph $82,500
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 $5,396 $475,800 $0 $475,800
2024 $5,255 $452,200 $0 $452,200
2023 $4,718 $377,100 $0 $377,100
2022 $4,248 $320,600 $0 $320,600
2021 $3,769 $273,100 $0 $273,100
2020 $3,874 $268,100 $0 $268,100
2019 $3,663 $242,600 $0 $242,600
2018 $3,377 $219,600 $0 $219,600
2017 $3,394 $214,000 $0 $214,000
2016 $3,436 $219,300 $0 $219,300
2015 $3,502 $213,400 $0 $213,400
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Downtown Salem

61 Wharf St Unit 1, Salem, MA

This home is located at 61 Wharf St Unit 1, Salem, MA 01970 and is currently estimated at $525,056, approximately $464 per square foot. 61 Wharf St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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