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1 Orchard Terrace Salem, MA 01970

$294,323
LOW
$330,700 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$367,077
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$330,700Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
Fireplaces
1
Payment Estimate
--
Baths Full
2
Parking
Garage
Rent Estimate
$2,020Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Tax Estimate
$4,259Estimated property taxes paid on an annual basis.
Sq Ft
1,458
 HomeScore
74A 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
60A 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
12/21/2012
Style
Other
Last Sale Price
$255,500
Year Built
1941

1 Orchard Terrace is located in the North Salem area of Salem, MA. At this time, the property has an estimated value of $330,700 and yearly taxes of $4,259. This home has 3 bedrooms, 2½ bathrooms, and approximately 1,458 sqft of living space. The property was built in 1941. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $325,000.

Property History

DateEventSourcePrice

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
99
Very Healthy

50

$357,400

62

1

Median Sales Price
$360,000
+7.5%
Sales (30 Days)
48
+14.3%

Recent Sales Like 1 Orchard Terrace

25
$334k
22
$328k
2%

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Salem Public Schools

A child living at 1 Orchard Terrace, Salem, MA would typically attend one of the following public schools: Bates, Bentley, Carlton, Horace Mann Laboratory, Nathaniel Bowditch, Saltonstall School, Witchcraft Heights, Collins Middle School, or Salem High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

North Salem REAL ESTATE NEWS

Over the last 30 days, a new upward trend of new sellers coming into the Salem market continued, with 39 listings in this week's report. Meanwhile, sales remained flat, with 48 homes selling during th... Read More »

With home sales in the Salem market already below average, in this week's report they slid 4.0% to 48 homes sold over the last 30 days. On the other hand, close-by Lynn registered 57 homes sold in the... Read More »

This week in the Salem market, sales rose to 47 homes sold over the last 30 days, even with a prolonged downward trend in price reductions, with 14 in the same time frame. Prices are falling in Salem,... Read More »

1 Orchard Terrace Map

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1 Orch Ter, Salem, MA 01970US
1 Orch Ter is located in the North Salem area of Salem, MA. At this time, the property has an estimated value of $330,700 and yearly taxes of $4,259. This home has 3 bedrooms, 2½ bathrooms, and approximately 1,458 sqft of living space. The property was built in 1941. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $325,000. Lisa Scourtas, Betty Slatko, and Damon DiVozzi are Homesnap Local Experts in and around North Salem.
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