7 Franklin St Salem, MA 01970
North Salem NeighborhoodEstimated Value: $2,790,228
--
Bed
--
Bath
2,000
Sq Ft
$1,395/Sq Ft
Est. Value
About This Home
This home is located at 7 Franklin St, Salem, MA 01970 and is currently estimated at $2,790,228, approximately $1,395 per square foot. 7 Franklin St is a home located in Essex County with nearby schools including Bates Elementary School, Saltonstall School, and Carlton Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2000
Sold by
Contact Engineering
Bought by
Elphick Ann
Current Estimated Value
Purchase Details
Closed on
Oct 21, 1994
Sold by
National Grand Bank
Bought by
Contract Engineering
Purchase Details
Closed on
Oct 2, 1991
Sold by
Jefferson Bronze Co
Bought by
National Grand Bank
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elphick Ann | $825,000 | -- | |
| Contract Engineering | $120,000 | -- | |
| National Grand Bank | $221,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | National Grand Bank | $600,000 | |
| Closed | National Grand Bank | $455,000 |
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 | $23,611 | $1,043,800 | $594,600 | $449,200 |
| 2024 | $22,558 | $952,200 | $538,300 | $413,900 |
| 2023 | $22,515 | $891,700 | $513,200 | $378,500 |
| 2022 | $22,637 | $860,400 | $488,200 | $372,200 |
| 2021 | $22,690 | $822,100 | $456,900 | $365,200 |
| 2020 | $22,233 | $782,300 | $438,100 | $344,200 |
| 2019 | $21,515 | $728,100 | $388,100 | $340,000 |
| 2018 | $20,694 | $690,500 | $350,500 | $340,000 |
| 2017 | $20,708 | $690,500 | $350,500 | $340,000 |
| 2016 | $20,404 | $690,500 | $350,500 | $340,000 |
| 2015 | $20,531 | $662,500 | $312,900 | $349,600 |
Source: Public Records
Map
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