NOT LISTED FOR SALE

8 Summit Ave Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $459,000 - $645,383

5 Beds
1 Bath
1,765 Sq Ft
$324/Sq Ft Est. Value

About This Home

This home is located at 8 Summit Ave Unit 2, Salem, MA 01970 and is currently estimated at $571,846, approximately $323 per square foot. 8 Summit Ave Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2015
Sold by
Hinchey Charles and Dickinson Andree
Bought by
Charles Hinchey Ret
Current Estimated Value
$571,846

Purchase Details

Closed on
Mar 18, 2013
Sold by
Andree Dickinson Ret and Hinchey Charles
Bought by
Hinchey Charles and Dickinson Andree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
Hinchey Charles T and Dickinson Andree
Bought by
Andree Dickinson Ret and Dickinson Andree

Purchase Details

Closed on
Jul 2, 1986
Bought by
Hinchey Charles Ret

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Charles Hinchey Ret -- --
Hinchey Charles -- --
Andree Dickinson Ret -- --
Hinchey Charles Ret $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinchey Charles $270,750
Previous Owner Hinchey Charles Ret $209,000
Previous Owner Hinchey Charles Ret $225,000
Previous Owner Hinchey Charles Ret $124,000
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 $6,170 $544,100 $0 $544,100
2024 $6,069 $522,300 $0 $522,300
2023 $5,898 $471,500 $0 $471,500
2022 $5,723 $431,900 $0 $431,900
2021 $5,630 $408,000 $0 $408,000
2020 $5,510 $381,300 $0 $381,300
2019 $5,228 $346,200 $0 $346,200
2018 $4,849 $315,300 $0 $315,300
2017 $4,753 $299,700 $0 $299,700
2016 $4,497 $287,000 $0 $287,000
2015 $4,501 $274,300 $0 $274,300
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

8 Summit Ave Unit 2, Salem, MA

Homes for Sale in Salem, MA

This home is located at 8 Summit Ave Unit 2, Salem, MA 01970 and is currently estimated at $571,846, approximately $323 per square foot. 8 Summit Ave Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates 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.

Nearby Homes