7 Beach Ave Salem, MA 01970
Salem Willows NeighborhoodEstimated Value: $1,510,000 - $1,674,000
5
Beds
2
Baths
3,500
Sq Ft
$454/Sq Ft
Est. Value
About This Home
This home is located at 7 Beach Ave, Salem, MA 01970 and is currently estimated at $1,588,554, approximately $453 per square foot. 7 Beach Ave is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 26, 2019
Sold by
Atkins Geraldine S and Savoy Richard E
Bought by
Savoy Richard E
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
$822,000
Outstanding Balance
$718,523
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$870,031
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Savoy Richard E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Savoy Richard E | $822,000 |
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 | $15,117 | $1,333,100 | $579,000 | $754,100 |
| 2024 | $14,214 | $1,223,200 | $552,000 | $671,200 |
| 2023 | $13,982 | $1,117,700 | $511,600 | $606,100 |
| 2022 | $13,417 | $1,012,600 | $484,700 | $527,900 |
| 2021 | $13,455 | $975,000 | $471,300 | $503,700 |
| 2020 | $13,301 | $920,500 | $471,300 | $449,200 |
| 2019 | $13,585 | $899,700 | $471,300 | $428,400 |
| 2018 | $13,210 | $858,900 | $451,100 | $407,800 |
| 2017 | $12,596 | $794,200 | $403,900 | $390,300 |
| 2016 | $11,919 | $760,600 | $370,300 | $390,300 |
| 2015 | $11,917 | $726,200 | $370,300 | $355,900 |
Source: Public Records
Map
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