NOT LISTED FOR SALE

154 Lafayette St Unit 2 Salem, MA 01970

The Point Neighborhood

Estimated Value: $523,000 - $652,000

3 Beds
2 Baths
1,977 Sq Ft
$302/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $460,000 $233 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,886/month

45 Days on Market

Highlights

  • Waterfront
  • Deck
  • Wood Flooring
  • Custom Closet System
  • Property is near public transit
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of August 2021

MUST SEE townhouse just minutes to exciting Downtown Salem! This home offers SO much-with nearly 2000 sq ft of living area on two floors. On the super spacious main level you'll find vintage hardwood floors throughout, with high ceilings, bay windows and Victorian details, including a stunning glazed tile & mahogany fireplace mantle. The living room boasts French doors and access to the private front porch while a stunning built-in china cabinet is the highlight of the dining room. The kitchen has stainless appliances and a Fabulous pantry with original cabinetry offering tons of storage. Two bedrooms share a beautifully renovated full bath with subway and penny tile. Upstairs is the main bedroom suite with walk-through office/sitting room, skylights, storage areas and the second fully renovated 3/4 bath with marble tile and vanity! But Wait, there's more: a second deck, basement storage and a 2-car Garage w/opener & extra spot behind! Pet friendly & Healthy Owner Occupied association!

Last Agent to Sell the Property

Pam McKee

Keller Williams Realty Evolution Listed on: 06/09/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Henry Matos

Coldwell Banker Realty - Salem

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 1916

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Bay Window
  • French Doors
  • Home Office
  • Laundry in Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4604115

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal
  • 4 Units

Amenities

  • Shops
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,504

Year Built

Built in 1916

Lot Details

0

HOA Fees

$302 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1916
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
  • Interior Amenities: Ceiling Fan(s), Closet, Office
  • Door Features: French Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Skylight, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Second
  • Bathroom 2 Level: Third
  • Bathroom 2 Features: Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Skylight, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Pantry, Stainless Steel Appliances
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Balcony - Exterior, French Doors
  • Room Office Level: Third
  • Room Office Features: Skylight, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Living Area: 1977
  • Stories Total: 2
  • Window Features: Skylight(s), Insulated Windows
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 227.11
  • PRICE PER Sq Ft: 232.68
  • MAIN SO: G61700

Exterior Features

  • Common Walls: End Unit
  • Construction Materials: Frame
  • Patio And Porch Features: Deck - Wood, Covered
  • Roof: Shingle
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Detached, Garage Door Opener, Tandem
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: sesd

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 302
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, T-Station
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: 4604115
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4504.32
  • Tax Book Number: 37881

Multi Family

  • Number Of Units Total: 4
  • NO UNITS OWNER OCC: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 16, 2021
Sold by
Ascenso Lenia and Ascenso Michelle B
Bought by
Cole Meghan E and Luscombe James R
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Henry Matos
Coldwell Banker Realty - Salem
List Price
$449,000
Sold Price
$460,000
Premium/Discount to List
$11,000
2.45%
Current Estimated Value
$596,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,100
Avg. Annual Appreciation
6.09%
Original Mortgage
$391,000
Outstanding Balance
$358,595
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,611

Purchase Details

Closed on
May 16, 2006
Sold by
Contrada Joseph
Bought by
Baran Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cole Meghan E $460,000 None Available
Baran Derek $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Meghan E $391,000
Previous Owner Ascenso Lenia $252,750
Previous Owner Baran Derek $228,000
Previous Owner Baran Derek $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $460,000 +2.4% $233 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $449,000 0.0% $227 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $449,000 0.0% $227 / Sq Ft
10/29/2019 10/29/19 Rented $2,700 0.0% --
10/16/2019 10/16/19 Under Contract -- -- --
10/04/2019 10/04/19 For Rent $2,700 0.0% --
09/27/2019 09/27/19 Sold $337,000 -0.6% $199 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $339,000 -- $200 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,237 $461,800 $0 $461,800
2024 $5,162 $444,200 $0 $444,200
2023 $5,044 $403,200 $0 $403,200
2022 $4,789 $361,400 $0 $361,400
2021 $4,504 $326,400 $0 $326,400
2020 $3,998 $276,700 $0 $276,700
2019 $3,801 $251,700 $0 $251,700
2018 $3,534 $229,800 $0 $229,800
2017 $3,467 $218,600 $0 $218,600
2016 $3,283 $209,500 $0 $209,500
2015 $3,287 $200,300 $0 $200,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72846161

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000112-000804-000804