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1 Purchase Street Salem, MA 01970

$288,660
LOW
$339,600 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$390,540
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$339,600Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
6
Payment Estimate
--
Baths Full
2
Rent Estimate
$1,720Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$5,008Estimated property taxes paid on an annual basis.
Sq Ft
2,252
 HomeScore
72A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
58A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Last Sale Date
06/01/1987
Style
--
Last Sale Price
$183,000
Year Built
1915

1 Purchase Street is located in the South Salem area of Salem, MA. At this time, the property has an estimated value of $339,600 and yearly taxes of $5,008. This townhome has 6 bedrooms, 2 bathrooms, and approximately 2,252 sqft of living space. The property was built in 1915. Similar townhomes nearby have 6 bedrooms, 2 baths and sell for around $350,000.

Salem Market Trends

Check out Salem homes for sale, read the Salem real estate news or review the Salem real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
94
Very Healthy

57

$369,000

73

1.1

Median Sales Price
$327,450
-2.0%
Sales (30 Days)
52
+4.0%

Recent Sales Like 1 Purchase Street

25
$448k
55
$489k
16%

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South Salem REAL ESTATE NEWS

Sales fell to 52 homes sold in the Salem market over the last 30 days. Furthermore, a recent downturn in the number of pending transactions continued, with 34 completed in the same period. The median... Read More »

Over the last 30 days, 39 homes went under contract in the Salem market, the lowest amount since last January. As the market appears to be nearing a low, there were 54 homes sold over the same period.... Read More »

Home sales in the Salem market dipped below its average sales volume for the prior 12-month period. In this week's report, they dropped 9.4% to 58 homes sold over the last 30 days. Meanwhile, close-by... Read More »

1 Purchase Street Map

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Conway - Swampscott
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1 Purchase St, Salem, MA 01970US
1 Purchase St is located in the South Salem area of Salem, MA. At this time, the property has an estimated value of $339,600 and yearly taxes of $5,008. This townhome has 6 bedrooms, 2 bathrooms, and approximately 2,252 sqft of living space. The property was built in 1915. Similar townhomes nearby have 6 bedrooms, 2 baths and sell for around $350,000. Lisa Scourtas, Cynthia Nina-Soto, and Yelena Zavodskov are Homesnap Local Experts in and around South Salem.
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