8 Elm Ave Salem, MA 01970
Vinnin Square NeighborhoodEstimated Value: $670,000 - $809,930
4
Beds
2
Baths
3,094
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Enclosed patio or porch
- Central Air
- Wood Flooring
About This Home
As of December 2020Welcome home to this 3,047 sq ft home sitting on one of South Salem’s most desirable locations. With its charming ranch style aesthetic and recent updates, this listing will certainly not last. This home offers 4 spacious bedrooms with a beautifully stunning oversized master room. The kitchen is equipped with marvelous maple cabinets and granite appliances The open layout and sky view window in dining room provides a perfect outlet for natural light and contrasts perfectly with the home's natural tones and gleaming hardwood floors. The great room is yet another appealing asset to this home, once a 3 season now fully insulated and converted into a 4 season greets you with cathedral ceiling and slate floors, fireplace stove, that compliment the open style beautifully to ensure a spacious yet home feel vibe, perfect for gatherings and quality family time. The outdoor scene is complemented with a fenced in private patio that houses a beautiful in-ground pool which was resurfaced in 2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,997
Year Built
- Built in 1951
Lot Details
- Property is zoned R1
Parking
- 1 Car Garage
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Outdoor Features
- In Ground Pool
- Enclosed patio or porch
Utilities
- Central Air
- Hot Water Baseboard Heater
- Heating System Uses Oil
- Water Holding Tank
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:21 L:0204
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2020
Closed on
Feb 26, 2021
Sold by
Cruz-Lopez Roberto C
Bought by
Cruz-Lopez Roberto C and Cruz-Cillanueva Arely
Seller's Agent
Esther Summersett
Hadassah Homes, Inc.
Buyer's Agent
Benilton Silva
Benny's Realty Group
List Price
$529,999
Sold Price
$560,000
Premium/Discount to List
$30,001
5.66%
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,733
Avg. Annual Appreciation
7.49%
Purchase Details
Listed on
Oct 27, 2020
Closed on
Dec 14, 2020
Sold by
Lopez Mabelyn
Bought by
Cruz-Lopez Roberto
Seller's Agent
Esther Summersett
Hadassah Homes, Inc.
Buyer's Agent
Benilton Silva
Benny's Realty Group
List Price
$529,999
Sold Price
$560,000
Premium/Discount to List
$30,001
5.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,653
Interest Rate
2.7%
Mortgage Type
FHA
Purchase Details
Listed on
Feb 3, 2016
Closed on
Apr 22, 2016
Sold by
Fnma
Bought by
Lopez Mabelyn
Seller's Agent
Melody Roloff
Kody & Company, Inc.
Buyer's Agent
Paul Nameche
Jebb Realty, LLC
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$343,660
Interest Rate
3.68%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 15, 2016
Sold by
Sherifi Vasilika
Bought by
Fnma
Purchase Details
Closed on
Sep 20, 2007
Sold by
Paul Agnes V and Paul Chester M
Bought by
Sherifi Mem and Sherifi Vasilika
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 11, 2006
Sold by
Marrs Kathy B
Bought by
Paul Chester M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2006
Sold by
Edward J Marrs Irt
Bought by
Paul Chester M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,400
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Salem, MA
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 |
|---|---|---|---|
| Cruz-Lopez Roberto C | -- | None Available | |
| Cruz-Lopez Roberto C | -- | None Available | |
| Cruz-Lopez Roberto | $560,000 | None Available | |
| Lopez Mabelyn | $350,000 | -- | |
| Fnma | $348,100 | -- | |
| Sherifi Mem | $350,000 | -- | |
| Paul Chester M | -- | -- | |
| Paul Chester M | $329,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cruz-Lopez Roberto | $549,653 | |
| Previous Owner | Lopez Mabelyn | $368,000 | |
| Previous Owner | Lopez Mabelyn | $101,587 | |
| Previous Owner | Lopez Mabelyn | $343,660 | |
| Previous Owner | Marrs Edward J | $315,000 | |
| Previous Owner | Marrs Edward J | $313,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/31/2020 12/31/20 | Sold | $560,000 | +5.7% | $181 / Sq Ft |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- |
| 10/27/2020 10/27/20 | For Sale | $529,999 | +51.4% | $171 / Sq Ft |
| 04/22/2016 04/22/16 | Sold | $350,000 | -5.4% | $113 / Sq Ft |
| 02/24/2016 02/24/16 | Pending | -- | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $369,900 | -- | $120 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,997 | $617,000 | $208,300 | $408,700 |
| 2024 | $7,038 | $605,700 | $197,900 | $407,800 |
| 2023 | $6,699 | $535,500 | $182,700 | $352,800 |
| 2022 | $6,103 | $460,600 | $176,600 | $284,000 |
| 2021 | $5,900 | $427,500 | $164,400 | $263,100 |
| 2020 | $5,495 | $380,300 | $155,300 | $225,000 |
| 2019 | $5,376 | $356,000 | $147,400 | $208,600 |
| 2018 | $5,237 | $340,500 | $140,100 | $200,400 |
| 2017 | $4,974 | $313,600 | $118,100 | $195,500 |
| 2016 | $4,829 | $308,200 | $112,700 | $195,500 |
| 2015 | $4,580 | $279,100 | $103,500 | $175,600 |
Source: Public Records
Agents Affiliated with this Home
-
Esther Summersett
Seller's Agent in 2020
Esther Summersett
Hadassah Homes, Inc.
(781) 309-2010
1 in this area
23 Total Sales
-
Hazel Santana
Seller Co-Listing Agent in 2020
Hazel Santana
Hadassah Homes, Inc.
(781) 600-4996
1 in this area
57 Total Sales
-
Benilton Silva
Buyer's Agent in 2020
Benilton Silva
Benny's Realty Group
(617) 817-1024
1 in this area
54 Total Sales
-
Melody Roloff
Seller's Agent in 2016
Melody Roloff
Kody & Company, Inc.
(617) 794-3101
12 Total Sales
-
Paul Nameche
P
Buyer's Agent in 2016
Paul Nameche
Jebb Realty, LLC
17 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72749916
APN: SALE-000021-000000-000204
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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