8 Summit Ave Unit 2 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $514,000 - $670,222
5
Beds
1
Bath
1,765
Sq Ft
$333/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 $587,556, approximately $332 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
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
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 |
|---|---|---|---|
| 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 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
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
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