Check Availability

22 Loring Avenue

22 Loring Avenue, Salem, MA 01970
Property in South Salem
Sold Aug 31, 2021
$1,020,000
$816,000 by Fall River Five Cents Savings
Mortgage Due Aug 31, 2051
Sold Nov 21, 2008
$296,000
$292,144 by Bank Of America
Mortgage
22 Loring Avenue in Salem, MA was first built in 1900 and is 124 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 3 floors. There are a total of 12 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 22 Loring Avenue has 5,028 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,317 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of asphalt. For those who need parking, there is a detached garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 31, 2021 for $1,020,000. That's $202.86 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $296,000. 22 Loring Avenue was last assessed in 2024. The total value of the property was assessed at $1,086,800. Specifically, the land the property is located on was valued at $161,000. While improvements on the property were assessed at a total of $925,800. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,629. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Waterfront

Beach Front

Outdoor Space

Garden

Parking

Detached Garage
Garage Parking
Off Street Parking

Condition

Cleared Lot
Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,580
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,317
  • Total Building Area: 5,028
  • Gross Building Area: 7,512
  • Building Area: 5,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,028
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HARTMAN ALEXANDER
  • Current Owner 2: LIEBMANN SARA
  • Previous Owner : REYNOLDS DONALD
  • Previous Owner 2: REYNOLDS KYLIE
  • Owner Before Previous Owner: ES WALLACE KATHERINE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204101

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:32 L:0086
  • Lot: 86
  • Municipality: SALEM
  • Latitude: 42.5039
  • Longitude: -70.8923

    Address

  • Full Address: 22 Loring Ave
  • Address - House Number: 22
  • Address - Street Name: Loring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C028
  • 4-Digit Zip Code: 4536
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $12,629

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 1,189,746
  • High Value: 1,377,551
  • Low Value: 1,001,941

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $816,000
  • First Open Lien Mortgage Lender: FALL RIVER FIVE CENTS SAVINGS
  • First Open Lien Mortgage Recording Date: Aug 31, 2021
  • First Open Lien Mortgage Loan Amount: $816,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Aug 31, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,086,800
  • Assessed Land Value: $161,000
  • Assessed Improvements Value: $925,800

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Aug 31, 2021
  • Current Sale Transaction ID: 11854907669
  • Current Sale Price: $1,020,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20210831008690
  • Previous Sale Recording Date: Nov 21, 2008
  • Previous Sale Amount: $296,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FALL RIVER FIVE CENTS SAVINGS
  • First Mortgage Transaction Date: Aug 31, 2021
  • First Mortgage Loan Amount: $816,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA
  • Previous Mortgage Transaction Date: Nov 21, 2008
  • Previous Mortgage Loan Amount: $292,144
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Salem



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 22 Loring Avenue located in?
The 22 Loring Avenue is a located in the neighborhood of South Salem in South Salem, Salem.
What is the average sales price for listings in 22 Loring Avenue?
The average sales price for units in 22 Loring Avenue is $0 currently.

Quantcast