When was property at 462 Loring Avenue built and last sold?

The property at 462 Loring Avenue was built in 1920 and last sold on May 11, 2023 for $580,000.

How much is this home worth?

The estimated value of the home located at 462 Loring Avenue is $536,454.

What are some comparable homes to 462 Loring Avenue?

There are currently no comparable homes to 462 Loring Avenue.

Salem

01970

South Salem

462 Loring Avenue

$580,000

● House - Off Market

462 Loring Avenue

Salem, MA 01970

4 Beds

2 Baths

1,302 Ft²

$531,507

RealtyHop Estimate

0.47%

Since Jun 1, 2023

MA-Boston

Primary Model

About This Property

Back on Market and now this SOLID HOME is YOUR OPPORTUNITY! Outstanding home in highly desirable south-Salem is the one you've been waiting for!! Adored and meticulously cared for by the same family for 35 years now awaits you. Flexible floor plan shows a lot larger than the listed square footage, featuring four great-sized bedrooms with optional first floor bedroom for easy one- level living. GLEAMING Hardwood flooring throughout, High ceilings, INCREDIBLE STORAGE with multiple Walk- In Closets, great sized walk- out basement, a lovely backyard with multiple gardening areas and a detached garage rounds off this exceptional property. Recent Updates include: New hot water tank 2023, New oil tank, New composite side porch. Newer roof (2015). See agent for additional information. *Schedule your showing. No public open houses*

Unit Size

1,302 Ft²

Days on Market

Land Size

0.12 acres

Price per sqft

$406

Property Type

House

Property Taxes

$449

HOA Dues

Year Built

1920

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (MLSPIN #73086172)

Price History

Date / Event	Date	Event
May 15, 2023	Sold	Premium
Sold
Mar 30, 2023	In contract	-
In contract
Mar 21, 2023	Relisted	$529,000
Relisted
Mar 13, 2023	In contract	-
In contract
Mar 9, 2023	Listed by Coldwell Banker Realty - Marblehead	$529,000
Listed by Coldwell Banker Realty - Marblehead
Apr 24, 1987	Sold	Premium
Sold

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1920

Effective Year Built: 1920
Building Count: 1
Total Rooms: 7
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 3
Building Quality: 0
Construction Type: 6
Building Style: 4
Exterior Walls Type: 19
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 7
Basement Area: 868
Garage Type: 4
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,249

Total Building Area: 1,302
Gross Building Area: 2,934
Building Area: 1,302
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 10
Heated Square Feet: 1,302
Heating Fuel Type: 6

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000121
Standard Land Use Code: 1001
County Land Use Code: 101

Neighborhood

School District Name: Salem School District

School Tax School District: SALEM SD
Census Tract: 204102

Zoning

Zoning: R1

Geography

Parcel: SALE M:21 L:0159

Lot: 159
Municipality: SALEM
Latitude: 42.4898
Longitude: -70.8972

Address

Full Address: 462 Loring Ave

Address - House Number: 462
Address - Street Name: Loring
Address - Suffix Type: Ave
State: MA
City Name: Salem
Carrier Code: C026
4-Digit Zip Code: 4214
Zip Code: 01970

Valuation

Tax

Tax Year: 2024

Tax Amount: $609,500

Appraisal Valuation

Standard Deviation: 0.1802

Valuation Date: Mar 06, 2024
Confidence Score: 76
Final Value: 594,081
High Value: 701,120
Low Value: 487,042

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Assessments Valuation

Assessed Year: 2024

Assessed Total Value: $524,500
Assessed Land Value: $178,100
Assessed Improvements Value: $346,400

Sales

Current Sale Contract Date: May 11, 2023

Current Sale Recording Date: May 15, 2023
Current Sale Price:

Premium
Current Sale Document Type: O
Current Sale Input Document Number: 20230515002360
Previous Sale Recording Date: Apr 24, 1987
Previous Sale Amount: $129,900
Previous Sale Document Type: 27

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About South Salem

Stats & Trends

Median Asking:

$616,750

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

Average Home Size

2060 ft²

Average Home Age

82.7 years

Currently For Sale

38 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73086172

462 Loring Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About South Salem

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions