NOT LISTED FOR SALE

7 Summit Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $803,000 - $904,000

3 Beds
3 Baths
2,000 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $357,000 $178 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,434/month

32 Days on Market

About This Home

As of November 2013

Be the first to call this newly constructed Colonial your home. Nicely appointed throughout, this home offers a large living room with wood floors, kitchen with granite and stainless, island and french doors to deck and yard. The formal dining room with coffered ceilings and wainscotting is open to the kitchen and a great space for Holiday get togethers. There is also a half bath with laundry hook up on this level. The second level includes a large master bedroom with full bath and two additional bedrooms as well as a second full bath. There are many extra details you do not find in most new construction. This is a great house and is ready for its new owners now!

Last Listed By

Terryanne St. Pierre

MerryFox Realty Listed on: 09/16/2013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,553

Year Built

2013

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows
  • Flooring: Wood, Tile
  • Insulation: Full
  • Interior Amenities: Cable Available
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Second Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - 3/4, Flooring - Hardwood
  • Dining Room: First Floor
  • No Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Lo: C86500
  • Main So: C95279
  • Estimated Sq Ft: 2000.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood
  • Foundation: Poured Concrete
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 1
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD

Schools

  • Elementary School: First Choice
  • Middle School: Collins
  • High School: Salem

Lot Info

  • Zoning: R2
  • Acre: 0.23
  • Lot Size: 9976.00

Multi Family

  • Foundation: 28x36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Oppenheim Reeva
Bought by
Eastmen Llc
Total Days on Market
32
Current Estimated Value
$847,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$463,216
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,354

Purchase Details

Closed on
Mar 29, 2022
Sold by
Oppenheim Reeva
Bought by
Eastmen Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$463,216
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$388,354

Purchase Details

Listed on
Sep 16, 2013
Closed on
Nov 22, 2013
Sold by
Lanzillo Flaminio
Bought by
Mercier Candice L and Fontas Mark D
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$369,900
Sold Price
$357,000
Premium/Discount to List
-$12,900
-3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$326,922
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 8, 2003
Sold by
Dubour Michael
Bought by
Oppenheim Reeva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2000
Sold by
Grieci Cesare
Bought by
Dubour Michael

Purchase Details

Closed on
Feb 15, 1990
Sold by
Gleason Joseph
Bought by
Grieci Cesare

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Salem, MA

  • 10 Eden St, Salem, MA 01970

    $699,000

    • 4 Beds
    • 2 Baths
    • 1,780 Sq Ft
    • 10 Eden St
    • Salem, MA

    Welcome to 10 Eden Street, a charming 1915 stucco colonial located in the desirable Forest River Park area of Salem. This spacious 1,780 sq ft home features 4 inviting bedrooms and 2 fully renovated bathrooms, seamlessly blending classic elements with modern updates. As you enter, you are greeted by a welcoming foyer adorned with a stunning feature wall with custom trim work, leading to a

    Kate Richard J. Barrett & Company

    Section Image
  • 26 Linden St, Salem, MA 01970

    $749,900

    • 4 Beds
    • 3 Baths
    • 2,656 Sq Ft
    • 26 Linden St
    • Salem, MA

    Love Salem? Welcome to your new home! This large family home will suit a variety of needs. Two of the three bedrooms along with the accessory apartment have egress to the outside offering convenience to adult family members. Or, Air B&B the private bedroom and bath, or accessory apt. New stainless appliances in kitchen with beautiful farmhouse double sink with gooseneck faucet. Fantastic

    Barbie Wallis MLSMOVES

    Section Image
  • 1 Shore Ave, Salem, MA 01970

    $999,000

    • 2 Beds
    • 2 Baths
    • 1,756 Sq Ft
    • 1 Shore Ave
    • Salem, MA

    Direct expansive water views from this home feel like living on a boat! Open and bright throughout, the first floor offers ocean views from the living room with working fireplace and custom built-ins as well as a new updated gourmet kitchen where you can gaze out at the water while you cook and entertain. Easy flow into the large dining room or outside to sit on the screened porch to watch the

    Merry Fox Team MerryFox Realty

    Section Image
  • 16 Horton St Unit 2, Salem, MA 01970

    $649,900

    • 4 Beds
    • 3 Baths
    • 1,693 Sq Ft
    • 16 Horton St
    • Unit 2
    • Salem, MA

    Located in the Castle Hill area close to Salem State University, Salem Hospital, and downtown, this beautifully remodeled townhouse offers the space and comfort of a single-family home with the ease of condo living! Step inside and be greeted by a sun-drenched, expansive 24'x18' living/dining room combo – perfect for entertaining or relaxing. The heart of the home is the large eat-in kitchen,

    Jim Armstrong Aluxety

    Section Image
  • 16 Raymond Rd, Salem, MA 01970

    $674,900

    • 3 Beds
    • 2.5 Baths
    • 1,725 Sq Ft
    • 16 Raymond Rd
    • Salem, MA

    Classic and character-rich 3-bedroom, 2.5-bath Colonial located in South Salem, just minutes from Salem State University, downtown Salem, and Salem Harbor. This home offers the perfect mix of period details and updates, including a new oil heating system (2021) and a new roof (2022). Inside, a warm and inviting kitchen with cherry cabinets, granite countertops and plenty of storage. Well-designed

    Jenna Lovely The Lovely Advisory LLC

    Section Image
  • 40 Station Rd, Salem, MA 01970

    $799,900

    • 3 Beds
    • 2.5 Baths
    • 2,190 Sq Ft
    • 40 Station Rd
    • Salem, MA

    Nestled on a peaceful cul-de-sac in Salem's most coveted neighborhood bordering Swampscott! Step inside this 3-bedroom Colonial and discover gleaming hardwood floors throughout. You'll love the large front-to-back fireplaced living room with ample space for your sectional. Holiday gatherings await in the formal dining room. The eat-in kitchen boasts a professional range, upgraded cabinets, and

    Joanne Rodrigues Redfin Corp.

    Section Image
  • 52 Forrester St Unit 1, Salem, MA 01970

    $859,900

    • 4 Beds
    • 2.5 Baths
    • 2,000 Sq Ft
    • 52 Forrester St
    • Unit 1
    • Salem, MA

    Welcome to 52 Forrester Street. A stunning 4 bedroom, 2.5 bath home boasting 2,000 square ft of living space. Complete renovation of a classic Salem Victorian, this home features brand new electrical, plumbing, HVAC, insulation, and windows, ensuring energy efficiency and peace of mind for years to come. The open concept main level showcases a designer kitchen with quartz countertops, shaker

    Herrick Lutts Realty Partners Herrick Lutts Realty Partners

    Section Image
  • 52 Forrester St Unit 2, Salem, MA 01970

    $899,900

    • 3 Beds
    • 2.5 Baths
    • 2,060 Sq Ft
    • 52 Forrester St
    • Unit 2
    • Salem, MA

    Welcome to 52 Forrester Street. A stunning 3 bedroom, 2.5 bath home boasting over 2,000 square ft of living space. This newly constructed townhome features brand new electrical, plumbing, HVAC, insulation, and windows, ensuring energy efficiency and peace of mind for years to come. The open concept main level showcases a designer kitchen with quartz countertops, shaker cabinets, and SS

    Herrick Lutts Realty Partners Herrick Lutts Realty Partners

    Section Image
  • 20 Andrew St, Salem, MA 01970

    $949,000

    • 3 Beds
    • 2.5 Baths
    • 1,978 Sq Ft
    • 20 Andrew St
    • Salem, MA

    Welcome to 20 Andrew Street—where timeless charm meets modern living in the heart of historic Salem! Nestled on one of the city’s most picturesque streets and just a block from Salem Common and Collins Cove, this captivating 3-bedroom, 2.5-bath single-family home is a rare gem. Step inside to find beautifully preserved wide pine floors, four cozy fireplaces, exposed brick accents, pocket windows,

    Sean Connelly William Raveis R.E. & Home Services

    Section Image
See All Homes in Salem

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
Eastmen Llc $650,000 None Available
Mercier Candice L $357,000 --
Oppenheim Reeva $412,000 --
Dubour Michael $241,000 --
Grieci Cesare $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastmen Llc $487,500
Previous Owner Mercier Candice L $326,922
Previous Owner Gleason Joseph J $282,000
Previous Owner Gleason Joseph J $329,600
Previous Owner Gleason Joseph J $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $357,000 0.0% $179 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
10/12/2013 10/12/13 Off Market $357,000 -- --
09/16/2013 09/16/13 For Sale $369,900 -- $185 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $8,553 $754,200 $199,600 $554,600
2024 $8,045 $692,300 $189,700 $502,600
2023 $8,284 $662,200 $175,100 $487,100
2022 $8,256 $623,100 $169,300 $453,800
2021 $7,823 $566,900 $157,600 $409,300
2020 $7,580 $524,600 $148,800 $375,800
2019 $7,508 $497,200 $141,200 $356,000
2018 $6,926 $450,300 $134,200 $316,100
2017 $6,493 $409,400 $113,200 $296,200
2016 $6,334 $404,200 $108,000 $296,200
2015 $5,983 $364,600 $99,200 $265,400
Source: Public Records

Agents Affiliated with this Home

  • Terryanne St. Pierre

    Seller's Agent in 2013

    Terryanne St. Pierre

    MerryFox Realty

    (978) 580-9396

    3 in this area

    31 Total Sales

    Terryanne St. Pierre
    Section Image
  • Maggie Gibson

    Buyer's Agent in 2013

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    3 in this area

    31 Total Sales

    Maggie Gibson
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71583930

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000602

Massachusetts Essex County Salem 01970 South Salem

7 Summit Ave, Salem, MA

Homes for Sale in Salem, MA

This home is located at 7 Summit Ave, Salem, MA 01970 since 16 September 2013 and is currently estimated at $847,296, approximately $423 per square foot. This property was built in 2013. 7 Summit Ave is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes