NOT LISTED FOR SALE

185 Lafayette St Unit 3 Salem, MA 01970

The Point Neighborhood

Estimated Value: $308,000 - $367,000

1 Bed
1 Bath
840 Sq Ft
$325/mo HOA Fee

Last Sold August 31, 2023

Last sale price $310,000 $369 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,491/month

6 Days on Market

Highlights

  • 1 Car Detached Garage
  • Baseboard Heating
  • 3-minute walk to Mary Jane Lee Park
  • Window Unit Cooling System

About This Home

As of August 2023

Introducing a fantastic 1-bed, 840 sq ft Condo, ideal for students or remote workers. Well-designed layout with multiple in-home office areas for comfortable studying or working. Enjoy a bright, sunny ambiance with abundant natural light from many windows. Ample storage, fresh harbor breezes, and a Juliette balcony. Deeded garage, 10x12 storage room, and private washer/dryer in basement for added convenience. Multiple units are available for sale in this property! Open Houses Saturday and Sunday 12-2pm. Beginning on 07/29/23.

Last Agent to Sell the Property

Stephen Pereira

Dell Realty Inc. Listed on: 07/25/2023

Last Buyer's Agent

Nick Daher

Broad Sound Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,871

Year Built

  • Built in 1924

Lot Details

  • 5,227

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Open Parking
  • Assigned Parking

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Community Details

  • Association fees include heat, gas, insurance
  • 4 Units
  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number M:34 L:0117 S:803,4168483

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,871

Year Built

Built in 1924

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1924
  • Buyer Agency: 2
  • Entry Level: 2
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: Y
  • Living Area: 840
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN1378
  • LIST PRICE PER Sq Ft: 363.1
  • PRICE PER Sq Ft: 369.05
  • MAIN SO: AN3502

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Gas, Insurance

Lot Info

  • Parcel Number: M:34 L:0117 S:803,4168483
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5314
  • Lot Size Units: Acres
  • PAGE: 366
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2871
  • Tax Book Number: 37997

Multi Family

  • Number Of Units Total: 4
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 31, 2023
Sold by
Oliver Julie L
Bought by
Lambert Alexander
Seller's Agent
Stephen Pereira
Dell Realty Inc.
Buyer's Agent
Nick Daher
Broad Sound Real Estate, LLC
List Price
$305,000
Sold Price
$310,000
Premium/Discount to List
$5,000
1.64%
Views
133
Current Estimated Value
$340,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,272
Avg. Annual Appreciation
3.73%
Original Mortgage
$279,000
Outstanding Balance
$274,224
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$56,876

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 28, 2019
Sold by
Hughes Deborah and Hughes John H
Bought by
Oliver Julie L
Seller's Agent
Andrea Dodge
Coldwell Banker Realty - Marblehead
Buyer's Agent
Michaela Mahtani
Leading Edge Real Estate
List Price
$199,999
Sold Price
$202,000
Premium/Discount to List
$2,001
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$181,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2008
Sold by
Thomson Sarah
Bought by
Moss Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2004
Sold by
Oshaughnessy Tara
Bought by
Thomson Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2002
Sold by
Bridge St Rt and Chilton
Bought by
Oshaughnessy Tara
Source: Public Records

Similar Homes in the area

  • 1 Loring Ave Unit 206, Swampscott, MA 01907

    $429,900

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 1 Loring Ave
    • Unit 206
    • Swampscott, MA

    Welcome to this beautifully maintained single-level living, corner unit offering comfort, style, and convenience. This sun-splashed 2-bedroom, 2-bath home features an open concept layout with wood flooring throughout the living and dining areas, and a private balcony perfect for morning coffee or evening relaxation. The updated kitchen boasts a breakfast bar, ample cabinetry, and a brand-new

    Marcie Gingle William Raveis R.E. & Home Services

    Section Image
  • 18 Ropes St Unit 1L, Salem, MA 01970

    $315,000

    • 2 Beds
    • 1 Bath
    • 742 Sq Ft
    • 18 Ropes St
    • Unit 1L
    • Salem, MA

    Welcome to this inviting 2-bedroom, 1-bathroom condo ideally situated in the heart of downtown Salem! Just a mile from Salem State University, this home offers the perfect blend of comfort and convenience. A spacious bedroom is bathed in natural light from the large windows and features beautiful hardwood floors that flow seamlessly into the dining area. The kitchen is well-appointed with sleek

    Cristina Coppola Lamacchia Realty, Inc.

    Section Image
  • 24 Cabot St Unit 1, Salem, MA 01970

    $399,000

    • 2 Beds
    • 1 Bath
    • 823 Sq Ft
    • 24 Cabot St
    • Unit 1
    • Salem, MA

    Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated

    Emily Schwartz Centre Realty Group

    Section Image
  • 2A Hazel St Unit 3, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 820 Sq Ft
    • 2A Hazel St
    • Unit 3
    • Salem, MA

    A Sun Splashed upper unit--Ideally located two blocks off Lafayette Street in South Salem between downtown and Salem State University. Classy and move-in-ready Top Floor Unit features two generously sized bedrooms, hardwood floors, and a private rear deck. The unit comes with deeded off-street parking. Separate Washer and dryer and a good size storage unit in the basement. It is conveniently

    Arian Simaku Simaku Realty, LLC

    Section Image
  • 6R Hazel Terrace Unit 6, Salem, MA 01970

    $350,000

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft
    • 6R Hazel Terrace
    • Unit 6
    • Salem, MA

    Charming top-floor condo, just under a mile from vibrant downtown Salem and a half mile from Salem State University. This versatile two-bedroom home, with windows in every room, can easily serve as a spacious one-bedroom. Nestled in a serene setting away from main roads, it features a generous kitchen opening to a back porch—perfect for relaxing or entertaining. Elegant French doors connect the

    Marc Green Coldwell Banker Realty - Marblehead

    Section Image
  • 24 Norman St Unit 101, Salem, MA 01970

    $342,900

    • 1 Bed
    • 1 Bath
    • 637 Sq Ft
    • 24 Norman St
    • Unit 101
    • Salem, MA

    EXPERIENCE LOFT-STYLE LIVING IN THE HEART OF HISTORIC DOWNTOWN SALEM! Step into this beautifully renovated corner loft in one of Salem’s most sought-after buildings. This open-concept condominium features soaring wood-beamed ceilings, exposed brick walls, hardwood floors and oversized windows that flood the space with natural light. Enjoy unbeatable access to Salem’s vibrant downtown—just steps

    Tim Hanlon Commonwealth East

    Section Image
  • 15 Lynde St Unit 18, Salem, MA 01970

    $374,900

    • 1 Bed
    • 1 Bath
    • 651 Sq Ft
    • 15 Lynde St
    • Unit 18
    • Salem, MA

    Exceptional Downtown Salem Value – Renovated Gem with Timeless Charm! Nestled near Salem Station, this sun-filled top-floor condo blends timeless character with fresh, modern updates. The spacious 1-bedroom layout includes a flexible bonus room—ideal for a home office, creative space, or retreat. Maple hardwood floors, a neutral color palette, and upscale finishes create a warm, welcoming

    Shannon Henderson Keller Williams Realty Boston Northwest

    Section Image
  • 16 Bentley St Unit 3, Salem, MA 01970

    $379,900

    • 2 Beds
    • 1 Bath
    • 750 Sq Ft
    • 16 Bentley St
    • Unit 3
    • Salem, MA

    SMARTLY PRICED TWO BEDROOM penthouse condominium NEAR THE SALEM WATERFRONT, offering a BRIGHT AND SUNNY living experience, w/DEEDED ONSITE PARKING. SCHEDULE VIA SHOWINGTIME. Best 8:00AM to 2:00PM MONDAY - FRIDAY. Unit offers an APPEALING, OPEN-CONCEPT DESIGN, TWO BEDROOMS, a large full bath, and ABUNDANT NATURAL LIGHT streaming in from two 4 x 4 foot ROOF SKYLIGHTS. Outstanding location, just

    Paul Marino Paul R. Marino

    Section Image
  • 127 Derby St Unit 1, Salem, MA 01970

    $409,000

    • 1 Bed
    • 1 Bath
    • 763 Sq Ft
    • 127 Derby St
    • Unit 1
    • Salem, MA

    Don’t miss this incredible opportunity to own a piece of Salem’s rich history in one of its most desirable neighborhoods. Located on picturesque and highly sought-after Derby Street, this spacious and inviting first-floor condo offers 763 square feet of thoughtfully designed living space. Featuring one large bedroom and one full bathroom, this unit perfectly blends old-world charm with modern

    Jennifer Crowe Atlantic Coast Homes,Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lambert Alexander $310,000 None Available
Oliver Julie L $202,000 --
Moss Linda J $142,000 --
Thomson Sarah $148,000 --
Oshaughnessy Tara $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Alexander $279,000
Previous Owner Oliver Julie L $181,800
Previous Owner Hughes John H $106,000
Previous Owner Oshaughnessy Tara $134,900
Previous Owner Oshaughnessy Tara $118,400
Previous Owner Oshaughnessy Tara $13,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $310,000 +1.6% $369 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $305,000 +51.0% $363 / Sq Ft
11/04/2019 11/04/19 Sold $202,000 +1.0% $240 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $199,999 +50.9% $238 / Sq Ft
07/31/2014 07/31/14 Sold $132,500 0.0% $158 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/24/2014 06/24/14 Off Market $132,500 -- --
06/16/2014 06/16/14 Price Changed $134,900 -3.6% $161 / Sq Ft
05/01/2014 05/01/14 Price Changed $139,900 -6.7% $167 / Sq Ft
04/10/2014 04/10/14 For Sale $149,900 -- $178 / 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 $3,251 $286,700 $0 $286,700
2024 $3,001 $258,300 $0 $258,300
2023 $2,871 $229,500 $0 $229,500
2022 $2,741 $206,900 $0 $206,900
2021 $2,699 $195,600 $0 $195,600
2020 $2,458 $170,100 $0 $170,100
2019 $2,357 $156,100 $0 $156,100
2018 $2,221 $144,400 $0 $144,400
2017 $2,171 $136,900 $0 $136,900
2016 $2,010 $128,300 $0 $128,300
2015 $2,050 $124,900 $0 $124,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73140472

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000117-000803-000803