$132,500
SOLD JUL 31, 2014

185 Lafayette St Unit 3 Salem, MA 01970

The Point Neighborhood
1 Bed
1 Bath
840 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

12% Below List Price

96 Days on Market

About This Home

As of August 2023

Spacious one-bedroom condo in a European villa style building minutes from downtown Salem, commuter rail and Salem University. Bright and sunny southern exposure. Hardwood floor throughout, high ceilings, decorative arch separates living and dining rooms. Lots of closets. Additional storage in basement. Deeded garage space. Washer/dryer located in basement remain. Freshly painted. Condo fee includes heat/hot water. New gas furnace and windows for maximum fuel efficiency. Great for investors also as condo can be used as rental. Best value in Salem!

Last Agent to Sell the Property

Andrea Lacroix

Churchill Properties Listed on: 04/10/2014

Last Buyer's Agent

Timothy Knowlton

Beacon Properties

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,251

Year Built

1924

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1924

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Medical Facility, T-Station
  • Flooring: Wood
  • Kitchen: Second Floor, 15X8
  • Laundry Room: Basement
  • Living Room: Second Floor, 10X12
  • Master Bedroom: Second Floor, 9X12
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Hardwood
  • Dining Room: Second Floor, 9X12

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Heat Zones: 1
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: 185 Lafayette Street Condo
  • Association Fee Includes: Heat, Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 4
  • Unit Building: 3

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
$346,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,252
Avg. Annual Appreciation
4.89%
Original Mortgage
$279,000
Outstanding Balance
$274,224
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,814

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

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Condominium Deed $310,000 None Available
Not Resolvable $202,000 --
Deed $142,000 --
Deed $148,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $279,000 Purchase Money Mortgage
Previous Owner $181,800 New Conventional
Previous Owner $106,000 New Conventional
Previous Owner $134,900 Purchase Money Mortgage
Previous Owner $118,400 Purchase Money Mortgage
Previous Owner $13,600 No Value Available
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

  • S

    Seller's Agent in 2023

    Stephen Pereira

    Dell Realty Inc.

    2 in this area

    17 Total Sales

    Stephen Pereira
    Section Image

  • N

    Buyer's Agent in 2023

    Nick Daher

    Broad Sound Real Estate, LLC

    Section Image
  • Andrea Dodge

    Seller's Agent in 2019

    Andrea Dodge

    Coldwell Banker Realty - Marblehead

    (781) 953-4396

    35 Total Sales

    Andrea Dodge
    Section Image
  • Michaela Mahtani

    Buyer's Agent in 2019

    Michaela Mahtani

    Leading Edge Real Estate

    (617) 970-5671

    48 Total Sales

    Michaela Mahtani
    Section Image
  • Andrea Lacroix

    Seller's Agent in 2014

    Andrea Lacroix

    Churchill Properties

    (508) 561-1161

    110 Total Sales

    Andrea Lacroix
    Section Image
  • Timothy Knowlton

    Buyer's Agent in 2014

    Timothy Knowlton

    Beacon Properties

    (781) 589-2300

    6 Total Sales

    Timothy Knowlton
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71659011

MLS Property Information Network (MLS PIN)

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

Massachusetts Essex County Salem 01970 The Point

185 Lafayette St Unit 3, Salem, MA

This home is located at 185 Lafayette St Unit 3, Salem, MA 01970 and is currently priced at $132,500, approximately $157 per square foot. This property was built in 1924. 185 Lafayette St Unit 3 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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