7 Derby Square Unit 2 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $494,000 - $626,000
2
Beds
1
Bath
1,462
Sq Ft
$372/Sq Ft
Est. Value
About This Home
This home is located at 7 Derby Square Unit 2, Salem, MA 01970 and is currently estimated at $543,720, approximately $371 per square foot. 7 Derby Square Unit 2 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 28, 1997
Sold by
Wheatley Marian E
Bought by
Martinez Sylvia M
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
$78,750
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 7, 1994
Sold by
B&M Rt and Gauthier Robert
Bought by
Wheatley Marian E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.54%
Mortgage Type
Purchase Money Mortgage
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 |
---|---|---|---|
Martinez Sylvia M | $105,000 | -- | |
Wheatley Marian E | $105,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Martinez Sylvia M | $100,000 | |
Open | Wheatley Marian E | $257,500 | |
Closed | Wheatley Marian E | $275,000 | |
Closed | Wheatley Marian E | $78,750 | |
Previous Owner | Wheatley Marian E | $84,000 |
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 | $5,445 | $480,200 | $0 | $480,200 |
2024 | $5,380 | $463,000 | $0 | $463,000 |
2023 | $5,305 | $424,100 | $0 | $424,100 |
2022 | $5,716 | $431,400 | $0 | $431,400 |
2021 | $5,545 | $401,800 | $0 | $401,800 |
2020 | $5,380 | $372,300 | $0 | $372,300 |
2019 | $5,302 | $351,100 | $0 | $351,100 |
2018 | $5,040 | $327,700 | $0 | $327,700 |
2017 | $4,942 | $311,600 | $0 | $311,600 |
2016 | $4,568 | $291,500 | $0 | $291,500 |
2015 | $4,536 | $276,400 | $0 | $276,400 |
Source: Public Records
Map
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