NOT LISTED FOR SALE

7 West Terrace Salem, MA 01970

South Salem Neighborhood

Estimated Value: $709,695 - $751,000

3 Beds
2 Baths
1,759 Sq Ft
$415/Sq Ft Est. Value

About This Home

This home is located at 7 West Terrace, Salem, MA 01970 and is currently estimated at $730,424, approximately $415 per square foot. 7 West Terrace is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Barz Jennifer M and Snell Jeffrey P
Bought by
Bennett Marlene S and Peterson Richard C
Current Estimated Value
$730,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$470,078
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$226,828

Purchase Details

Closed on
Oct 3, 1994
Sold by
Fecteau Raymond E
Bought by
Gianoulis Alexander and Decaro Denise
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bennett Marlene S $600,000 None Available
Gianoulis Alexander $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Marlene S $510,000
Previous Owner Snell Jeffrey P $193,750
Previous Owner Gianoulis Alexander $213,000
Previous Owner Gianoulis Alexander $215,000
Previous Owner Gianoulis Alexander $210,000
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
2025 $6,758 $595,900 $200,300 $395,600
2024 $6,539 $562,700 $190,300 $372,400
2023 $6,331 $506,100 $175,700 $330,400
2022 $6,061 $457,400 $169,800 $287,600
2021 $5,911 $428,300 $158,100 $270,200
2020 $5,634 $389,900 $149,300 $240,600
2019 $5,608 $371,400 $141,700 $229,700
2018 $5,437 $353,500 $134,700 $218,800
2017 $5,074 $319,900 $113,600 $206,300
2016 $4,930 $314,600 $108,300 $206,300
2015 $4,697 $286,200 $99,500 $186,700
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

7 West Terrace, Salem, MA

This home is located at 7 West Terrace, Salem, MA 01970 and is currently estimated at $730,424, approximately $415 per square foot. 7 West Terrace is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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