NOT LISTED FOR SALE

160 Lafayette St Unit 3 Salem, MA 01970

The Point Neighborhood

Estimated Value: $337,000 - $411,000

1 Bed
1 Bath
980 Sq Ft
$251/mo HOA Fee

Last Sold October 25, 2024

Last sale price $368,000 $376 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,539/month

38 Days on Market

Highlights

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

About This Home

As of October 2024

Affordable spacious, one-bedroom unit close to downtown Salem. Freshly painted, this unit is bright and light and offers a generous living room with storage closet, fully applianced, eat-in kitchen, updated bath, and large, sun-lit bedroom with 4 windows and walk-in closet. A separate, in-unit laundry room with newer washer & dryer, replacement windows and hardwood flooring throughout add to the comfort and convenience of this charming unit. Off-street parking, low maintenance fees lots of storage, a pet-friendly association make this a comfortable home and smart investment, and all just steps from the vibrant downtown with easy access to restaurants, shops, cultural and historic venues, the waterfront and public transportation.

Last Agent to Sell the Property

Judith Zissulis

Keller Williams Realty Evolution Listed on: 08/23/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Team Harborside

Sagan Harborside Sotheby's International Realty

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,463

Year Built

  • Built in 1915

Lot Details

  • 5,227

HOA Fees

  • $251 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 3rd floor
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Bay Window
  • Basement

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water

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
  • Baseboard Heating
  • 100 Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 4403613

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal, reserve funds
  • 3 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,463

Year Built

Built in 1915

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1915
  • Entry Level: 3
  • Year Built Details: Actual
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Marble, Hardwood
  • Interior Amenities: High Speed Internet
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Room Master Bedroom Level: Third
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Marble, Window(s) - Bay/Bow/Box, Countertops - Stone/Granite/Solid
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Gas Stove
  • Room Living Room Level: Third
  • Room Living Room Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 980
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • MAIN SO: AN4471

Exterior Features

  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Slate
  • Waterfront Features: Beach Front, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Central, Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 251
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4403613
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3463

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 25, 2024
Sold by
Mellace Holly
Bought by
Purtell Conor J
Seller's Agent
Judith Zissulis
Keller Williams Realty Evolution
Buyer's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
List Price
$369,900
Sold Price
$368,000
Premium/Discount to List
-$1,900
-0.51%
Views
114
Current Estimated Value
$379,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,796
Avg. Annual Appreciation
2.86%
Original Mortgage
$331,200
Outstanding Balance
$327,282
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$52,514

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 3, 2021
Sold by
Santos Robert M and Young Kimberly
Bought by
Mellace Holly
Seller's Agent
Pam McKee
Keller Williams Realty Evolution
Buyer's Agent
Judith Zissulis
Keller Williams Realty Evolution
List Price
$249,000
Sold Price
$252,500
Premium/Discount to List
$3,500
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Listed on
Feb 7, 2014
Closed on
May 27, 2014
Sold by
Pierce Sandra
Bought by
Santos Robert M
Seller's Agent
Amy Wallick
Lamacchia Realty, Inc.
Buyer's Agent
Linda Broughton
Coldwell Banker Realty - Marblehead
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$142,907
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2009
Sold by
Jordan Diane J
Bought by
Pierce Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Purtell Conor J $368,000 None Available
Purtell Conor J $368,000 None Available
Mellace Holly $252,500 None Available
Mellace Holly $252,500 None Available
Mellace Holly $252,500 None Available
Santos Robert M $139,900 --
Pierce Sandra $140,000 --
Pierce Sandra $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purtell Conor J $331,200
Closed Purtell Conor J $331,200
Previous Owner Santos Robert M $142,907
Previous Owner Pierce Sandra $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $368,000 -0.5% $376 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $369,900 +46.5% $377 / Sq Ft
10/04/2021 10/04/21 Sold $252,500 +1.4% $258 / Sq Ft View Prior Sale
08/10/2021 08/10/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $249,000 +78.0% $254 / Sq Ft
05/27/2014 05/27/14 Sold $139,900 0.0% $143 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
02/26/2014 02/26/14 Off Market $139,900 -- --
02/07/2014 02/07/14 For Sale $139,900 -- $143 / 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 $3,549 $313,000 $0 $313,000
2024 $3,463 $298,000 $0 $298,000
2023 $3,348 $267,600 $0 $267,600
2022 $3,242 $244,700 $0 $244,700
2021 $3,191 $231,200 $0 $231,200
2020 $3,149 $217,900 $0 $217,900
2019 $2,984 $197,600 $0 $197,600
2018 $2,695 $175,200 $0 $175,200
2017 $2,638 $166,300 $0 $166,300
2016 $2,427 $154,900 $0 $154,900
2015 $2,360 $143,800 $0 $143,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73281245

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000110-000803-000803