18 Lafayette Place Unit 2 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $659,000 - $767,975
3
Beds
2
Baths
2,092
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- Sauna
- Forced Air Heating and Cooling System
- ENERGY STAR Qualified Dryer
- Wood Flooring
About This Home
As of February 2020Incredibly spacious and light-filled townhouse located steps away from the waterfront and Forest River Park, and minutes from downtown shopping, restaurants, museums and Commuter Rail into Boston. This three bedroom, two bathroom unit features a sprawling open floor plan perfect for living and entertaining, gleaming hardwood floors throughout, and three private decks boasting garden and water views. The main floor features a generous fireplaced living room leading into a formal dining room, kitchen with stainless appliances, two large bedrooms and an office with plenty of built-in storage. The top floor features an enormous master bedroom and en-suite bath, steam shower, whirlpool tub and a large walk-in closet. Brand new roof and newly-painted siding. Beautiful outdoor patio and garden area with a gas grill and outdoor fireplace to entertain and enjoy. All in a pet friendly, low-maintenance building, with two garage parking spots and plenty of additional off-street parking.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $7,002
Year Built
- Built in 1920
Lot Details
- Year Round Access
Parking
- 1 Car Garage
Interior Spaces
- Sauna
- Wood Flooring
- Basement
Kitchen
- Oven
- Cooktop
- Microwave
- ENERGY STAR Qualified Refrigerator
- ENERGY STAR Qualified Dishwasher
Laundry
- ENERGY STAR Qualified Dryer
- ENERGY STAR Qualified Washer
Utilities
- Forced Air Heating and Cooling System
- Radiator
- Heating System Uses Gas
- Natural Gas Water Heater
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2019
Closed on
Feb 28, 2020
Sold by
Ramsey Lincoln A
Bought by
Roche James and Townsend Sara
Seller's Agent
Jenna Lovely
The Lovely Advisory LLC
Buyer's Agent
James Roche
Red Tree Real Estate
List Price
$489,900
Sold Price
$485,000
Premium/Discount to List
-$4,900
-1%
Total Days on Market
135
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,744
Avg. Annual Appreciation
8.93%
Original Mortgage
$455,750
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2015
Sold by
Ramsey Lincoln A and Ramsey Tracy A
Bought by
Ramsey Lincoln A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 25, 1987
Sold by
Batson Suzanne U
Bought by
Ramsey Lincoln A
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roche James | $485,000 | None Available | |
| Ramsey Lincoln A | -- | -- | |
| Ramsey Lincoln A | $229,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Roche James | $454,000 | |
| Closed | Roche James | $455,750 | |
| Previous Owner | Ramsey Lincoln A | $285,000 | |
| Previous Owner | Ramsey Lincoln A | $292,000 | |
| Previous Owner | Ramsey Lincoln A | $331,000 | |
| Previous Owner | Ramsey Lincoln A | $350,000 | |
| Previous Owner | Ramsey Lincoln A | $349,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $485,000 | -1.0% | $232 / Sq Ft |
| 01/26/2020 01/26/20 | Pending | -- | -- | -- |
| 01/22/2020 01/22/20 | For Sale | $489,900 | 0.0% | $234 / Sq Ft |
| 01/11/2020 01/11/20 | Pending | -- | -- | -- |
| 11/04/2019 11/04/19 | Price Changed | $489,900 | -2.0% | $234 / Sq Ft |
| 09/13/2019 09/13/19 | For Sale | $499,900 | -- | $239 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,002 | $617,500 | $0 | $617,500 |
| 2024 | $6,877 | $591,800 | $0 | $591,800 |
| 2023 | $6,744 | $539,100 | $0 | $539,100 |
| 2022 | $6,410 | $483,800 | $0 | $483,800 |
| 2021 | $6,311 | $457,300 | $0 | $457,300 |
| 2020 | $5,043 | $349,000 | $0 | $349,000 |
| 2019 | $4,790 | $317,200 | $0 | $317,200 |
| 2018 | $4,449 | $289,300 | $0 | $289,300 |
| 2017 | $4,365 | $275,200 | $0 | $275,200 |
| 2016 | $4,131 | $263,600 | $0 | $263,600 |
| 2015 | $4,135 | $252,000 | $0 | $252,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jenna Lovely
Seller's Agent in 2020
Jenna Lovely
The Lovely Advisory LLC
(978) 729-6311
14 in this area
36 Total Sales
-
James Roche
Buyer's Agent in 2020
James Roche
Red Tree Real Estate
1 in this area
14 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72564849
APN: SALE-000033-000000-000493-000802-000802
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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