NOT LISTED FOR SALE

71 Ocean Ave Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $283,000 - $395,000

1 Bed
1 Bath
673 Sq Ft
$504/Sq Ft Est. Value

About This Home

This home is located at 71 Ocean Ave Unit 2, Salem, MA 01970 and is currently estimated at $338,958, approximately $503 per square foot. 71 Ocean Ave Unit 2 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
Dec 15, 2003
Sold by
Redeker Steve J and Redeker Steven J
Bought by
Huff Susan A
Current Estimated Value
$338,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Outstanding Balance
$74,801
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,157

Purchase Details

Closed on
Nov 7, 2001
Sold by
Young Raymond L
Bought by
Redeker Steve J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Huff Susan A $201,500 --
Redeker Steve J $166,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redeker Steve J $161,200
Previous Owner Redeker Steve J $91,500
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 $3,074 $271,100 $0 $271,100
2024 $2,965 $255,200 $0 $255,200
2023 $2,899 $231,700 $0 $231,700
2022 $2,813 $212,300 $0 $212,300
2021 $2,887 $209,200 $0 $209,200
2020 $2,811 $194,500 $0 $194,500
2019 $2,754 $182,400 $0 $182,400
2018 $2,601 $169,100 $0 $169,100
2017 $2,614 $164,800 $0 $164,800
2016 $2,542 $162,200 $0 $162,200
2015 $2,534 $154,400 $0 $154,400
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

71 Ocean Ave Unit 2, Salem, MA

Not Listed for Sale

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