61 Wharf St Unit 1 Salem, MA 01970
Downtown Salem NeighborhoodEstimated 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
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
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 |
---|---|---|---|
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
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
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