NOT LISTED FOR SALE

8 1/2 Allen St Salem, MA 01970

Derby Street Neighborhood

Estimated Value: $923,000 - $1,089,000

4 Beds
2 Baths
1,586 Sq Ft
$626/Sq Ft Est. Value

About This Home

This home is located at 8 1/2 Allen St, Salem, MA 01970 and is currently estimated at $993,127, approximately $626 per square foot. 8 1/2 Allen St is a home located in Essex County with nearby schools including Carlton Elementary School, Saltonstall School, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2018
Sold by
Hamze Ibrahim M
Bought by
Moak Capital Llc
Current Estimated Value
$993,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Outstanding Balance
$399,724
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$593,403

Purchase Details

Closed on
May 27, 2010
Sold by
Stone Elaine E
Bought by
Smith Lacey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,459
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2009
Sold by
Us Bank Na Tr
Bought by
Stone Elaine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2009
Sold by
Claar 3Rd Charles E
Bought by
Us Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2006
Sold by
Mill Brook Rt
Bought by
Hamze Ibrahim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
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
Moak Capital Llc $599,000 --
Smith Lacey N $258,900 --
Stone Elaine E $73,000 --
Us Bk $204,000 --
Hamze Ibrahim M $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moak Capital Llc $449,250
Previous Owner Hamze Ibrahim M $255,459
Previous Owner Hamze Ibrahim M $110,000
Previous Owner Hamze Ibrahim M $243,750
Previous Owner Hamze Ibrahim M $20,000
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 $9,088 $801,400 $186,600 $614,800
2024 $8,387 $721,800 $177,300 $544,500
2023 $8,189 $654,600 $163,700 $490,900
2022 $7,922 $597,900 $158,200 $439,700
2021 $7,593 $550,200 $147,300 $402,900
2020 $7,092 $490,800 $139,100 $351,700
2019 $6,700 $443,700 $132,000 $311,700
2018 $6,209 $403,700 $125,500 $278,200
2017 $5,825 $367,300 $105,900 $261,400
2016 $5,677 $362,300 $100,900 $261,400
2015 $5,535 $337,300 $92,800 $244,500
Source: Public Records

Map

Massachusetts Essex County Salem 01970 Derby Street

8 1/2 Allen St, Salem, MA

Not Listed for Sale

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