7 Lynn St Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $695,000 - $1,062,000
4
Beds
3
Baths
2,412
Sq Ft
$358/Sq Ft
Est. Value
About This Home
This home is located at 7 Lynn St, Salem, MA 01970 and is currently estimated at $864,097, approximately $358 per square foot. 7 Lynn St is a home located in Essex County with nearby schools including Horace Mann Laboratory, Carlton Elementary School, and Saltonstall School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2005
Sold by
Stevenso Palmer Katherine Wagne and Stevenso Palmer Walter
Bought by
Ansari Odonald Mark Ansari and Ansari Odonald Fariba
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
$361,500
Outstanding Balance
$188,968
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$675,129
Purchase Details
Closed on
Nov 1, 1994
Sold by
Bell Arthur and Bell Robin
Bought by
Atchison Frances M and Milford Elliot
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 |
|---|---|---|---|
| Ansari Odonald Mark Ansari | $484,000 | -- | |
| Atchison Frances M | $153,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Atchison Frances M | $361,500 | |
| Previous Owner | Atchison Frances M | $355,000 | |
| Previous Owner | Atchison Frances M | $50,000 | |
| Previous Owner | Atchison Frances M | $116,000 |
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 | $8,572 | $755,900 | $265,300 | $490,600 |
| 2024 | $8,164 | $702,600 | $246,300 | $456,300 |
| 2023 | $7,918 | $632,900 | $227,400 | $405,500 |
| 2022 | $8,059 | $608,200 | $214,800 | $393,400 |
| 2021 | $7,887 | $571,500 | $214,800 | $356,700 |
| 2020 | $7,927 | $548,600 | $214,800 | $333,800 |
| 2019 | $7,935 | $525,500 | $208,400 | $317,100 |
| 2018 | $7,302 | $474,800 | $199,000 | $275,800 |
| 2017 | $6,964 | $439,100 | $180,000 | $259,100 |
| 2016 | $6,881 | $439,100 | $180,000 | $259,100 |
| 2015 | $6,715 | $409,200 | $167,400 | $241,800 |
Source: Public Records
Map
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