Estimated Value: $695,000 - $1,340,000
3
Beds
2
Baths
1,856
Sq Ft
$523/Sq Ft
Est. Value
About This Home
This home is located at 78 Federal St, Salem, MA 01970 and is currently estimated at $971,051, approximately $523 per square foot. 78 Federal St is a home located in Essex County with nearby schools including Saltonstall School, Bates Elementary School, and Carlton Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 6, 2020
Sold by
78 Federal St Salem Ma Rt
Bought by
Schaflander Justin
Current Estimated Value
Purchase Details
Closed on
Aug 31, 1998
Sold by
Hoyle David P and Burckart Merrill
Bought by
Alla Victoria R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 30, 1992
Sold by
Gilman Leonard
Bought by
Hoyle David P and Buckart Merrill
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 30, 1990
Sold by
Clark Charles J
Bought by
Gilman Leonard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.16%
Mortgage Type
Purchase Money Mortgage
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 |
---|---|---|---|
Schaflander Justin | -- | None Available | |
Alla Victoria R | $240,000 | -- | |
Hoyle David P | $185,000 | -- | |
Gilman Leonard J | $210,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Gilman Leonard J | $139,900 | |
Previous Owner | Gilman Leonard J | $192,000 | |
Previous Owner | Gilman Leonard J | $175,750 | |
Previous Owner | Gilman Leonard J | $100,000 |
Source: Public Records
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 | $8,809 | $776,800 | $235,200 | $541,600 |
2024 | $8,566 | $737,200 | $218,400 | $518,800 |
2023 | $8,177 | $653,600 | $201,600 | $452,000 |
2022 | $7,737 | $583,900 | $190,400 | $393,500 |
2021 | $7,970 | $577,500 | $190,400 | $387,100 |
2020 | $7,865 | $544,300 | $190,400 | $353,900 |
2019 | $7,789 | $515,800 | $184,800 | $331,000 |
2018 | $7,579 | $492,800 | $176,400 | $316,400 |
2017 | $7,384 | $465,600 | $159,600 | $306,000 |
2016 | $7,296 | $465,600 | $159,600 | $306,000 |
2015 | $6,996 | $426,300 | $148,400 | $277,900 |
Source: Public Records
Map
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