See Home Value
$550,000
● House - Off Market

504 Loring Ave

Salem, MA 01970
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,947 Ft²
$3,321
Est. Monthly
4.36%
Cap Rate

About This Property

504 Loring Ave delivers the space, flexibility, and location today's buyers are looking for. With hardwood floors and warm natural light, the main living level offers two bedrooms, a full bath, a formal dining area, and a welcoming front living room. Downstairs, the partially finished lower level features a second kitchen, full bath, and multiple bonus rooms-perfect for extended living, in-law potential, or a private work-from-home suite. A walk-up attic provides future expansion or storage. Ample off-street parking completes the package. Set on a generous lot near Vinnin Square, this home is moments from shops, restaurants, and the Swampscott Commuter Rail. Property to be sold as-is. Whether you're a first-time buyer, investor, or planning your next chapter, this classic Salem home offers room to grow, reimagine, and make your own. Open House Thursday April 17 5:30 to 7pm. No Parking in driveway on Loring Ave
Unit Size
1,947 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$290
Property Type
House
Property Taxes
$546
HOA Dues
-
Year Built
1953

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Last updated: 2 years ago (MLSPIN #73359859)

Price History

Date / Event Date Event Price
Jun 17, 2025 Sold
Sold
May 10, 2025 In contract -
In contract
Apr 15, 2025 Listed $565,000
Listed

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,354
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,021
  • Total Building Area: 1,836
  • Gross Building Area: 4,140
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000207
  • 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:0021
  • Lot: 21
  • Municipality: SALEM
  • Latitude: 42.4879
  • Longitude: -70.8997

    Address

  • Full Address: 504 Loring Ave
  • Address - House Number: 504
  • Address - Street Name: Loring
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C026
  • 4-Digit Zip Code: 4220
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $652,600

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 699,407
  • High Value: 809,881
  • Low Value: 588,932

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $561,600
  • Assessed Land Value: $194,800
  • Assessed Improvements Value: $366,800
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Salem


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Frequently Asked Questions

When was property at 504 Loring Avenue built and last sold?
The property at 504 Loring Avenue was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 504 Loring Avenue is $579,394.
What are some comparable homes to 504 Loring Avenue?
There are currently no comparable homes to 504 Loring Avenue.