Financial
Distress signals
Property profile

198 Loring Ave Salem, MA 01970

OFF-MARKET
Investment properties
Property ID
US38-0817581
2,432 SF 0.17 ac lot Built 1900
Last sale Apr 2022 · $558,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2024$540k
Assessed land$187k
Assessed improvement$353k

Value estimate

· Sep 2026
$480k
$432k – $528k
AI approach$525k
Sales comparison$466k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$146 – $523
Qualifying comparables15

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R1
The Intent of this To promote Residential One Family Uses
General categoryRESIDENTIAL
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.8
Kitchen & Bath10.6
Electrical Service9.9

Location

198 Loring Ave Salem, MA 01970-4352
County assessor Recorded deeds · 4 transfers 15 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
197 Lafayette, Salem, MA 01970-4739 $575,000 Mar 2024 2,248 SF
542 Loring, Salem, MA 01970-4259 $2,500,000 Dec 2023 2,434 SF
124 Boston, Salem, MA 01970-1406 $700,000 Jul 2023 1,981 SF
13 Raymond, Salem, MA 01970-5324 $320,000 Apr 2023 2,470 SF
82 Derby, Salem, MA 01970-5808 $1,000,000 Jun 2022 3,875 SF
98 Nn, Salem, MA 01970-7426 $625,000 Apr 2021 3,754 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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