NOT LISTED FOR SALE

Estimated Value: $829,000 - $924,305

5 Beds
3 Baths
3,292 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $445,000 $135 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,360/month

8 Days on Market

About This Home

As of July 2013

This home is located at 63 Ocean Ave, Salem, MA 01970 since 16 May 2013 and is currently estimated at $870,326, approximately $264 per square foot. This property was built in 1895. 63 Ocean Ave is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Last Agent to Sell the Property

Elaine Clarke

Sagan Harborside Sotheby's International Realty License #449515534 Listed on: 05/16/2013

Last Buyer's Agent

Merry Fox Team

MerryFox Realty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 31, 2013
Sold by
Mack David C and Zimmt-Mack Stephanie L
Bought by
Johnson Theresa and Bennett Erin
Seller's Agent
Elaine Clarke
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Total Days on Market
8
Current Estimated Value
$870,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,326
Avg. Annual Appreciation
5.81%
Original Mortgage
$356,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2003
Sold by
Fncl Cendant Mobility
Bought by
Mack David C and Zimmt-Mack Stephanie L

Purchase Details

Closed on
Jul 27, 2001
Sold by
Konovalchik Patricia J
Bought by
Desmond Joseph R and Desmond Nicole

Purchase Details

Closed on
May 30, 1996
Sold by
Sherman Terri G
Bought by
Konovalchik Patricia J
Source: Public Records

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Range of Values:

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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
Johnson Theresa $445,000 --
Mack David C $429,000 --
Cendant Mobilit Fncl C $429,000 --
Desmond Joseph R $350,550 --
Konovalchik Patricia J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Erin $100,000
Open Johnson Theresa $348,000
Closed Sherman Terri G $356,000
Previous Owner Sherman Terri G $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $445,000 -4.3% $135 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $465,000 -- $141 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,891 $784,000 $185,200 $598,800
2024 $8,240 $709,100 $175,400 $533,700
2023 $7,961 $636,400 $162,500 $473,900
2022 $7,496 $565,700 $152,700 $413,000
2021 $7,549 $547,000 $152,700 $394,300
2020 $6,974 $482,600 $131,900 $350,700
2019 $6,948 $460,100 $125,400 $334,700
2018 $6,743 $438,400 $119,600 $318,800
2017 $6,312 $398,000 $97,500 $300,500
2016 $6,406 $408,800 $92,300 $316,500
2015 $6,075 $370,200 $83,200 $287,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71526793

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000049