42 Summit Ave, Salem, MA 01970

8 beds3.5 baths4,346 sqft Edit

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Sold: $470,000
Sold on 03/28/13
Zestimate®: $532,079
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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

My Notes

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Stately 3 family.Great opport. for an investment or owner occupied over 4300 sq ft. Newer roof, 3 Spacious,bright&beautiful apts, ss counters, original hardwood floors, 3 cedar closets, 3 Fireplaces (1 faux), grand front porch,2 screened back porches&roof deck with composite decking. All Separate utilities. Family owned house for over 70 years, rents are not market value... tenants are family members. 2 car garage with electric doors and a newer rubber roof. Walk to Forest River and Salem State

Facts

  • Lot: 7,500 sqft
  • Multi Family
  • Built in 1890
  • Views: 390 all time views
  • Heating: Other
  • Last sold: Mar 2013 for $470,000
  • Last sale price/sqft: $108

Features

  • Fireplace
  • Parking: Garage - Detached

    Construction

    • Exterior material: Metal
    • Roof type: Asphalt
    • Room count: 16
    • Stories: 3
    • Unit count: 3

    Other

    • Floor size: 4,346 sqft
    • Parcel #: M:33 L:0421
    • Zillow Home ID: 56123210

    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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    $532,079
    -$5,087 Last 30 days
    $479K
    $569K
    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
    $2,102/mo
    +$59 Last 30 days
    $820
    $4.2K
    Zestimate range
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    Popularity on Zillow

    390 all-time views
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    Comparable Homes

    Homes like this sold for $360-540K.

    $310K
    $590K

    Mortgages

    Neighborhood

    Market guide

    Zillow predicts 01970 home values will increase 0.2% next year, compared to a 0.3% rise for Salem as a whole. Among 01970 homes, this home is valued 84.1% more than the midpoint (median) home, but is valued 43.5% 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 2.9% higher than in Salem, and 66.7% 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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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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