$455,000
SOLD JUN 30, 2023

160 Lafayette St Unit 2 Salem, MA 01970

The Point Neighborhood
2 Beds
1 Bath
1,330 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$342 Per Sq Ft

1% Above List Price

17 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Golf Course Community
  • Property is near public transit
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of August 2024

Centrally located in Salem's thriving downtown this sunny, modern, updated and large 2 bed 1 bath boasts a 97 walkscore ("walker's paradise"). Less than a mile to the Commuter Rail and a 5 minute walk to all of downtown's restaurants, museums, shops and bars, you won't find a more convenient in-town location. Off street parking for 1 car keeps you safely off busy Lafayette St while you have easy access to Vinnin Sq shopping, Salem State University, multiple routes in and out of Salem, Beverly, Peabody, beeches in Marblehead & Swampscott and everything the North Shore has to offer. Salem's newly redeveloped Forest River Park w/ public pool is less than a mile away. Easy to show.

Last Agent to Sell the Property

Dan Bernal

Atlantic Coast Homes,Inc Listed on: 05/08/2023

Last Buyer's Agent

Adam Shulman

Leading Edge Real Estate

Leading Edge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1915

Lot Details

  • Near Conservation Area
  • Two or More Common Walls

Home Design

  • Frame Construction
  • Slate Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • French Doors
  • Wood Flooring
  • Laundry in unit
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Balcony

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Central Heating
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 0110
  • Assessor Parcel Number 4421203

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance
  • 3 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,808

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1915
  • Buyer Agency: 2.5
  • Entry Level: 2
  • Transaction Broker: 1
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Hardwood
  • Door Features: French Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Refrigerator, Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Basement: Y
  • Living Area: 1330
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 337.59
  • PRICE PER Sq Ft: 342.11
  • MAIN SO: BB9927

Exterior Features

  • Exterior Features: Balcony
  • Common Walls: 2+ Common Walls
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Slate
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Central, Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 306.12
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds

Lot Info

  • Parcel Number: 4421203
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 99
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3808
  • Tax Book Number: 37799
  • Tax Lot: 0110
  • Tax Map Number: 34

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 19, 2019
Sold by
Rodriguez Amy
Bought by
Bird & Fish Realty Llc
Seller's Agent
Natasha Ragusa
Coldwell Banker Realty - Beverly
Buyer's Agent
Natasha Ragusa
Coldwell Banker Realty - Beverly
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$530,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,496
Avg. Annual Appreciation
16.36%
Original Mortgage
$142,500
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2010
Sold by
Burgos Francisco and Burgos Celia
Bought by
Rodriguez Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,073
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2002
Sold by
Fisher Rose
Bought by
Burgos Francisco and Burgos Celia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $215,000 --
Deed $145,000 --
Deed $145,000 --
Deed $290,000 --
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $40,000 Stand Alone Refi Refinance Of Original Loan
Open $270,000 Purchase Money Mortgage
Closed $270,000 Stand Alone Refi Refinance Of Original Loan
Open $409,500 Purchase Money Mortgage
Closed $409,500 Purchase Money Mortgage
Closed $142,500 New Conventional
Previous Owner $140,000 No Value Available
Previous Owner $143,073 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Sold $515,000 +3.0% $387 / Sq Ft
07/16/2024 07/16/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $500,000 +9.9% $376 / Sq Ft
06/30/2023 06/30/23 Sold $455,000 +1.3% $342 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $449,000 0.0% $338 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $449,000 +108.8% $338 / Sq Ft
08/29/2019 08/29/19 Sold $215,000 -6.1% $162 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $229,000 -- $172 / 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 $4,408 $388,700 $0 $388,700
2024 $4,037 $347,400 $0 $347,400
2023 $3,951 $315,800 $0 $315,800
2022 $3,808 $287,400 $0 $287,400
2021 $3,748 $271,600 $0 $271,600
2020 $3,740 $258,800 $0 $258,800
2019 $3,547 $234,900 $0 $234,900
2018 $3,204 $208,300 $0 $208,300
2017 $3,136 $197,700 $0 $197,700
2016 $2,886 $184,200 $0 $184,200
2015 $2,808 $171,100 $0 $171,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73108653

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000110-000802-000802