NOT LISTED FOR SALE

71 Ocean Ave Unit 5 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $378,000 - $473,000

2 Beds
1 Bath
1,003 Sq Ft
$420/Sq Ft Est. Value

About This Home

This home is located at 71 Ocean Ave Unit 5, Salem, MA 01970 and is currently estimated at $420,815, approximately $419 per square foot. 71 Ocean Ave Unit 5 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
Jun 1, 2006
Sold by
Deutsche Bank
Bought by
Andrews Amanda Elizabet
Current Estimated Value
$420,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Outstanding Balance
$95,889
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,926

Purchase Details

Closed on
Jun 1, 2005
Sold by
Mtg Electronic Reg Sys
Bought by
Deutsche Bank

Purchase Details

Closed on
Jan 29, 2004
Sold by
Hobbs Anne and Stefani Rosemary
Bought by
Oliva Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2001
Sold by
Young Raymond L and Gibney Eileen M
Bought by
Hobbs Anne and Stefani Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

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
Andrews Amanda Elizabet $199,900 --
Deutsche Bank $192,132 --
Oliva Kenneth R $224,900 --
Hobbs Anne $177,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobbs Anne $159,900
Closed Hobbs Anne $40,000
Previous Owner Hobbs Anne $179,900
Previous Owner Hobbs Anne $168,500
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 $3,744 $330,200 $0 $330,200
2024 $3,620 $311,500 $0 $311,500
2023 $3,640 $291,000 $0 $291,000
2022 $3,510 $264,900 $0 $264,900
2021 $3,603 $261,100 $0 $261,100
2020 $3,232 $223,700 $0 $223,700
2019 $3,165 $209,600 $0 $209,600
2018 $2,985 $194,100 $0 $194,100
2017 $2,999 $189,100 $0 $189,100
2016 $2,864 $182,800 $0 $182,800
2015 $2,852 $173,800 $0 $173,800
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

71 Ocean Ave Unit 5, Salem, MA

Homes for Sale in Salem, MA

This home is located at 71 Ocean Ave Unit 5, Salem, MA 01970 and is currently estimated at $420,815, approximately $419 per square foot. 71 Ocean Ave Unit 5 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton 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.

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