253 Loring Ave, Salem, MA 01970

3 beds1.5 baths2,048 sqft

Sold: $280,000
Sold on 01/16/14
Zestimate®: $322,698
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My Notes

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Don't waste another cent paying your landlord when you can OWN this home for close to what you're paying in rent! Get into this home for only 3.5% down, and be settled in time for the holidays. Corner Lot on Quiet Side Street and Loring Ave in convenient South Salem area. Features 3 generous bedrooms and 2 updated baths. Bright, open concept kitchen/dining area leads to spacious living room with gleaming hardwood floors. Partially finished basement with bonus playroom and tons of storage space. BONUS: Seller will leave approximately $600 of oil as a closing gift.

Facts

  • Lot: 5,488 sqft
  • Single Family
  • Built in 1905
  • Heating: Forced air
  • Last sold: Jan 2014 for $280,000
  • Price/sqft: $137

Features

  • Attic
  • Cable Ready
  • Deck
  • Fenced Yard
  • Flooring: Hardwood, Tile
  • Parking: Off street
  • Partial basement, 440 sqft
  • Patio

Additional Features

  • Living room, Parking Type: Off Street, Stainless steel appliances

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Mud room
  • Recreation room

Construction

  • Exterior material: Vinyl
  • Roof type: Asphalt
  • Room count: 6
  • # Stories: 2.0
  • Unit count: 1

Other

  • Floor size: 2,048 sqft
  • Laundry: In Unit
  • Parcel #: M:31 L:0142
  • Zillow Home ID: 56122298

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$322,698
+$6,079 Last 30 days
$307K
$339K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,972/mo
+$37 Last 30 days
$1.7K
$2.3K
Zestimate range
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5,466 all-time views
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307 forecasted views of this home
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Neighborhood

Market guide

Zillow predicts 01970 home values will rise 1.1% next year, compared to a 1% increase for Salem as a whole. Among 01970 homes, this home is valued 7.8% more than the midpoint (median) home, but is valued 32.3% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 01970, the number of foreclosures waiting to be sold is 0.4% greater than in Salem, and 45.5% lower than the national average. This higher local number may prevent 01970 home values from rising as quickly as other regions in Salem.

Learn more about forecast calculations or 01970 home values.
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    Nearby Schools in Salem

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