7 Taft Rd Salem, MA 01970
South Salem NeighborhoodEstimated Value: $587,000 - $658,669
4
Beds
1
Bath
1,608
Sq Ft
$391/Sq Ft
Est. Value
Highlights
- Medical Services
- Cape Cod Architecture
- Property is near public transit
- Open Floorplan
- Deck
- 3-minute walk to Pickman Park
About This Home
As of February 2023This lovely Cape in desirable Salem welcomes you w/ beautiful HW floors, abundant natural light, and plenty of space that makes all for a cozy home! This features a fresh and bright living room with lovely large windows and a decorative fireplace. The tastefully combined kitchen/dining area is designed for dinners and entertaining, equipped with appliances, and has lots of storage space in cabinets & shelves. This has the convenience of a 1st floor main and second bedroom and another 2BR upstairs with skylight and has easy access to the attic, each with ample closet space. The full basement has a family room that is perfect for relaxing and playing with everyone, as well as a laundry area. Fantastic value! New electric heat pump & water heater. Plenty of privacy and space to host a BBQ party with family and friends while taking in a view of the day & night sky at the fenced-in yard with storage shed and a wooden swing! **All Offers Due for Seller Review by Tuesday 1/17 by 1pm**
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,751
Year Built
- Built in 1950
Lot Details
- 4,591 Sq Ft Lot
- Fenced
- Garden
- Property is zoned R1
Home Design
- Cape Cod Architecture
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,608 Sq Ft Home
- Open Floorplan
- Living Room with Fireplace
- Dining Area
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
- Linen Closet In Bathroom
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Location
- Property is near public transit
Schools
- Salem High School
Utilities
- Forced Air Heating and Cooling System
- 1 Heating Zone
Listing and Financial Details
- Assessor Parcel Number M:31 L:0122,2133864
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2023
Closed on
Feb 17, 2023
Sold by
R & Elaine Blanchette Ft
Bought by
Homan Kristen and Maillett Jeffrey
Seller's Agent
The Quail Group
eXp Realty
Buyer's Agent
Michelle Bettencourt
Nina-Soto Realty, LLC
List Price
$525,000
Sold Price
$567,000
Premium/Discount to List
$42,000
8%
Total Days on Market
5
Views
826
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,417
Avg. Annual Appreciation
5.13%
Original Mortgage
$538,650
Outstanding Balance
$525,603
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$109,861
Purchase Details
Closed on
Jun 9, 2020
Sold by
Blanchette Elaine A and Blanchette Ronald L
Bought by
Ronald & E Blanchette Ft
Purchase Details
Closed on
Jan 1, 1978
Bought by
Blanchette Ronald L and Blanchette Elaine A
Similar Homes in Salem, MA
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 |
|---|---|---|---|
| Homan Kristen | $567,000 | None Available | |
| Ronald & E Blanchette Ft | -- | None Available | |
| Blanchette Ronald L | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Homan Kristen | $538,650 | |
| Closed | R & Elaine Blanchette Ft | $400,000 | |
| Previous Owner | Blanchette Ronald L | $50,000 | |
| Previous Owner | Blanchette Ronald L | $45,000 | |
| Previous Owner | Blanchette Ronald L | $30,000 | |
| Previous Owner | Blanchette Ronald L | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/17/2023 02/17/23 | Sold | $567,000 | +8.0% | $353 / Sq Ft |
| 01/17/2023 01/17/23 | Pending | -- | -- | -- |
| 01/11/2023 01/11/23 | For Sale | $525,000 | -- | $326 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,314 | $556,800 | $210,800 | $346,000 |
| 2024 | $6,157 | $529,900 | $199,000 | $330,900 |
| 2023 | $6,006 | $480,100 | $181,100 | $299,000 |
| 2022 | $5,751 | $434,000 | $166,300 | $267,700 |
| 2021 | $5,339 | $386,900 | $154,400 | $232,500 |
| 2020 | $5,440 | $376,500 | $151,400 | $225,100 |
| 2019 | $5,391 | $357,000 | $142,500 | $214,500 |
| 2018 | $5,111 | $332,300 | $133,000 | $199,300 |
| 2017 | $4,971 | $313,400 | $124,700 | $188,700 |
| 2016 | $4,911 | $313,400 | $124,700 | $188,700 |
| 2015 | $4,570 | $278,500 | $109,900 | $168,600 |
Source: Public Records
Agents Affiliated with this Home
-
The Quail Group
T
Seller's Agent in 2023
The Quail Group
eXp Realty
(978) 406-9294
10 in this area
260 Total Sales
-
Michelle Bettencourt
Buyer's Agent in 2023
Michelle Bettencourt
Nina-Soto Realty, LLC
(508) 843-7708
4 in this area
36 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73069820
APN: SALE-000031-000000-000122
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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.
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