7 Elm Ave Salem, MA 01970
Vinnin Square NeighborhoodEstimated Value: $623,000 - $668,459
3
Beds
2
Baths
1,568
Sq Ft
$409/Sq Ft
Est. Value
Highlights
- Deck
- Fenced Yard
- Garden
- Wood Flooring
- Porch
- Storage Shed
About This Home
As of July 2018Classic New England Center Entrance Colonial on a lovely, tree lined street. Large open living room offers hardwood floors & wood burning stove w/ hearth perfect for family gatherings. Original French doors lead to the dining room & a newer set of French doors lead out to a large maintenance free deck. Spacious kitchen w/ breakfast bar seating for 4. A newer half bath includes 1st floor laundry! Upstairs you will find 3 generous sized bedrooms & a large full bath. Other features include high ceilings, original millwork, hardwood floors throughout, great sized fenced in yard w/ storage shed, small 1 car garage, patio, garden areas, newer roof, new windows, newer kitchen appliances (Electrolux induction range) & large basement great for a workshop. Super South Salem location on the Marblehead/Swampscott line minutes from the great shops at Vinnin Square, restaurants, Marblehead YMCA, beaches, parks, bike trails, & commuter rail. Group showings by appointment Sat & Sun, 5/19 & 5/20.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,748
Year Built
- Built in 1923
Lot Details
- Fenced Yard
- Garden
- Property is zoned R1
Parking
- 1 Car Garage
Flooring
- Wood
- Tile
- Vinyl
Outdoor Features
- Deck
- Storage Shed
- Porch
Utilities
- Hot Water Baseboard Heater
- Heating System Uses Gas
- Water Holding Tank
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2018
Closed on
Jul 9, 2018
Sold by
Giarratani Nicholas and Giarratani Sumiko
Bought by
Buschle Kent M
Seller's Agent
Melissa Dias Lopes
J. Barrett & Company
Buyer's Agent
Natalie Luca Fiore
Keller Williams Realty Evolution
List Price
$415,000
Sold Price
$435,000
Premium/Discount to List
$20,000
4.82%
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,865
Avg. Annual Appreciation
6.25%
Original Mortgage
$391,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2009
Sold by
Story Craig M and Story Kelly A
Bought by
Giarratani Nicholas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 20, 1999
Sold by
Lebeau Mark C
Bought by
Story Craig M and Story Kelly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,100
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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 |
|---|---|---|---|
| Buschle Kent M | $435,000 | -- | |
| Giarratani Nicholas | $315,000 | -- | |
| Story Craig M | $187,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Buschle Kent M | $200,000 | |
| Open | Buschle Kent M | $390,000 | |
| Closed | Buschle Kent M | $394,200 | |
| Closed | Buschle Kent M | $391,500 | |
| Previous Owner | Lebaeu Mark C | $299,250 | |
| Previous Owner | Lebaeu Mark C | $179,600 | |
| Previous Owner | Lebaeu Mark C | $176,600 | |
| Previous Owner | Lebaeu Mark C | $178,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2018 07/09/18 | Sold | $435,000 | +4.8% | $277 / Sq Ft |
| 05/23/2018 05/23/18 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | For Sale | $415,000 | -- | $265 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,748 | $595,100 | $208,300 | $386,800 |
| 2024 | $6,582 | $566,400 | $197,900 | $368,500 |
| 2023 | $6,295 | $503,200 | $182,700 | $320,500 |
| 2022 | $6,001 | $452,900 | $176,600 | $276,300 |
| 2021 | $6,017 | $436,000 | $164,400 | $271,600 |
| 2020 | $5,796 | $401,100 | $155,300 | $245,800 |
| 2019 | $5,682 | $376,300 | $147,400 | $228,900 |
| 2018 | $5,512 | $358,400 | $140,100 | $218,300 |
| 2017 | $5,213 | $328,700 | $118,100 | $210,600 |
| 2016 | $5,066 | $323,300 | $112,700 | $210,600 |
| 2015 | $4,836 | $294,700 | $103,500 | $191,200 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Dias Lopes
Seller's Agent in 2018
Melissa Dias Lopes
J. Barrett & Company
(617) 835-2394
142 Total Sales
-
Natalie Luca Fiore
N
Buyer's Agent in 2018
Natalie Luca Fiore
Keller Williams Realty Evolution
(978) 590-8081
27 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72329497
APN: SALE-000021-000000-000194
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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