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1 Raymond Road Salem, MA 01970

$357,244
LOW
$415,400 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$473,600
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$415,400Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
8
Fireplaces
1
Payment Estimate
--
Baths Full
2
Parking
Garage
Rent Estimate
$1,780Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Tax Estimate
$5,601Estimated property taxes paid on an annual basis.
Sq Ft
2,828
 HomeScore
73A 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
59A 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
08/29/2014
Style
--
Last Sale Price
$377,000
Year Built
1915

1 Raymond Road is located in the South Salem area of Salem, MA. At this time, the property has an estimated value of $415,400 and yearly taxes of $5,601. This townhome has 8 bedrooms, 2 bathrooms, and approximately 2,828 sqft of living space. The property was built in 1915. Similar townhomes nearby have 8 bedrooms, 2 baths and sell for around $425,000.

Property History

DateEventSourcePrice
8/1/2000SoldTax Records$225,900

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
93
Very Healthy

53

$349,900

75

1

Median Sales Price
$331,000
+6.4%
Sales (30 Days)
54
-8.5%

South Salem REAL ESTATE NEWS

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 »

Salem has a cost of living adjustment score of 133.4, which is average when compared to others in Massachusetts. Also, the area is considered less affluent than average with a median income of $55,879... Read More »

1 Raymond Road Map

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1 Raymond Rd, Salem, MA 01970US
1 Raymond Rd is located in the South Salem area of Salem, MA. At this time, the property has an estimated value of $415,400 and yearly taxes of $5,601. This townhome has 8 bedrooms, 2 bathrooms, and approximately 2,828 sqft of living space. The property was built in 1915. Similar townhomes nearby have 8 bedrooms, 2 baths and sell for around $425,000. Lisa Scourtas, Cynthia Nina-Soto, and Damon DiVozzi are Homesnap Local Experts in and around South Salem.
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