NOT LISTED FOR SALE

7 Summit Ave Salem, MA 01970

South Salem Neighborhood

Estimated Value: $789,000 - $990,000

3 Beds
3 Baths
2,000 Sq Ft
$436/Sq Ft Est. Value

Last Sold November 22, 2013

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

Est. 145% increase in value since last sale

Current estimated payment $5,310/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 Agent to Sell the Property

Terryanne St. Pierre

MerryFox Realty Listed on: 09/16/2013

Last Buyer's Agent

Maggie Gibson

MerryFox Realty

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

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
Mar 29, 2022
Sold by
Oppenheim Reeva
Bought by
Eastmen Llc
Current Estimated Value
$872,966

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
$458,730
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$414,236

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
7.72%
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Grieci Cesare $282,000
Previous Owner Grieci Cesare $329,600
Previous Owner Grieci Cesare $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

    25 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

    28 Total Sales

    Maggie Gibson
    Section Image
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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

Not Listed for Sale

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