NOT LISTED FOR SALE

7 Lorraine Ave Salem, NH 03079

Depot Village Neighborhood

Estimated Value: $967,681 - $1,232,000

4 Beds
3 Baths
2,502 Sq Ft
$430/Sq Ft Est. Value

About This Home

This home is located at 7 Lorraine Ave, Salem, NH 03079 and is currently estimated at $1,075,920, approximately $430 per square foot. 7 Lorraine Ave is a home with nearby schools including Mary A. Fisk Elementary School, Woodbury School, and Salem High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Cedar Crest Dev Llc
Bought by
Mcginnity Ft and Mcginnity
Current Estimated Value
$1,075,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$387,997
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$687,923
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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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
Mcginnity Ft $930,000 None Available
Mcginnity Ft $930,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcginnity Ft $400,000
Closed Mcginnity Ft $400,000
Source: Public Records

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
2024 $11,276 $640,700 $220,800 $419,900
2023 $10,737 $633,100 $220,800 $412,300
2022 $2,751 $171,400 $161,400 $10,000
2021 $2,579 $161,400 $161,400 $0
Source: Public Records

Map

New Hampshire Rockingham County Salem 03079 Depot Village

7 Lorraine Ave, Salem, NH

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