NOT LISTED FOR SALE

185 Lafayette St Unit 4 Salem, MA 01970

The Point Neighborhood

Estimated Value: $298,000 - $354,743

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

Last Sold October 20, 2023

Last sale price $300,000 $357 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,376/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 October 2023

Welcome to this fantastic 1-bedroom, 840 sq ft Condominium perfect for students or those working from home. The layout of this 4-room unit is well-designed with several areas that can serve as an in-home office, providing you the flexibility to study or work comfortably. Enjoy a bright, sunny atmosphere with abundant natural light from the many windows that grace the living space. You'll find ample storage with several closets, and the fresh harbor breezes add to the delightful ambiance of the home. Step out onto the Juliette balcony to take in the refreshing air. For added convenience, this condo has a deeded garage and a 10x12 storage room, offering plenty of space to keep your belongings organized. Additionally, you'll have access to your own private washer and dryer in the basement. 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

Ides Figueiredo

Coldwell Banker Realty - Brookline

Coldwell Banker Realty - Brookline

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

Home Design

  • Entry on the 2nd floor

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:804,4191808

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
  • Entry Level: 2
  • 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
  • Basement: Y
  • Living Area: 840
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN1378
  • MAIN SO: AN6181

Exterior Features

  • Home Warranty YN: No
  • Waterfront Features: Beach Front
  • 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
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Gas, Insurance

Lot Info

  • Parcel Number: M:34 L:0117 S:804,4191808
  • Zoning: B1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5314
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2871

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Markwell Cynthia and Markwell Samuel
Bought by
Markwell Samuel
Current Estimated Value
$339,436

Purchase Details

Listed on
Jul 25, 2023
Closed on
Oct 18, 2023
Sold by
Zacchini Donna E
Bought by
Markwell Cynthia and Markwell Samuel
Seller's Agent
Stephen Pereira
Dell Realty Inc.
Buyer's Agent
Ides Figueiredo
Coldwell Banker Realty - Brookline
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Views
184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 19, 2021
Sold by
Blake Taylor E
Bought by
Zacchini Donna E
Seller's Agent
Gary Blattberg
RE/MAX Beacon
Buyer's Agent
Debora Debonis
Cameron Real Estate Group
List Price
$259,000
Sold Price
$239,000
Premium/Discount to List
-$20,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.04%
Original Mortgage
$231,830
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2011
Sold by
Kee Steven B and Kee Van Christiaan
Bought by
Blake Taylor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
4.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2010
Sold by
Choi Maximillian S and Choi Laura E
Bought by
Kee Steven B

Purchase Details

Closed on
Jun 22, 2007
Sold by
Maccarini Christopher
Bought by
Choi Maximillian S and Choi Laura E

Purchase Details

Closed on
Oct 21, 2002
Sold by
Bridge St Rt and Chilton
Bought by
Maccarini Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Markwell Samuel -- None Available
Markwell Samuel -- None Available
Markwell Cynthia $300,000 None Available
Markwell Cynthia $300,000 None Available
Markwell Cynthia $300,000 None Available
Zacchini Donna E $239,000 None Available
Zacchini Donna E $239,000 None Available
Zacchini Donna E $239,000 None Available
Blake Taylor E $126,000 --
Blake Taylor E $126,000 --
Kee Steven B $129,000 --
Kee Steven B $129,000 --
Choi Maximillian S $142,000 --
Choi Maximillian S $142,000 --
Maccarini Christopher $123,000 --
Maccarini Christopher $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zacchini Donna E $231,830
Previous Owner Maccarini Christopher $107,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2023 10/20/23 Sold $300,000 +1.7% $357 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $295,000 +23.4% $351 / Sq Ft
10/19/2021 10/19/21 Sold $239,000 -7.7% $285 / Sq Ft View Prior Sale
09/04/2021 09/04/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $259,000 -- $308 / 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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73140468

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000117-000804-000804