NOT LISTED FOR SALE

193 Lafayette St Unit 1 Salem, MA 01970

The Point Neighborhood

Estimated Value: $526,000 - $609,000

2 Beds
1.5 Baths
1,268 Sq Ft
$250/mo HOA Fee

Last Sold October 10, 2023

Last sale price $519,000 $409 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,668/month

4 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Solid Surface Countertops
  • Property is near public transit
  • Corner Lot
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of October 2023

Distinctive, lovely ground level, condo move-in ready very bright with natural light, high ceilings. 2 bedroom 1 1/2 baths condo with good sized closets. A great chef's kitchen with a vented range, granite countertops, and generous cabinets. A wonderful place to discover your chef skills. Generous sized dining room, adjacent to a generous living room with large windows, and beautiful architectural details. There are two medium sized bedrooms and a back deck that is private. Walking distance to town and train, close to Salem State University. Laundry in basement, not shared. Pets are welcome.For Open Houses PLEASE PARK ON LAFAYETTE ST.

Last Agent to Sell the Property

Andrea Osbon

J. Barrett & Company Listed on: 08/31/2023

Last Buyer's Agent

Jack Brown

RE/MAX Beacon

RE/MAX Beacon

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 1930

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • Basement
  • Laundry in Basement
  • Intercom

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 2135449

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, trash
  • 6 Units
  • Mid-Rise Condominium

Amenities

  • Shops
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,302

Year Built

Built in 1930

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1930
  • Entry Level: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Room Dining Room Features: Flooring - Hardwood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Kitchen Island, Gas Stove
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1268
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4851
  • MAIN SO: AN8171

Exterior Features

  • Exterior Features: Deck
  • Common Walls: Corner
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, T-Station
  • Senior Community YN: No
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Trash

Lot Info

  • Parcel Number: 2135449
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5302

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2019
Closed on
Oct 15, 2019
Sold by
Hurst Megan and Owens Anthony
Bought by
Huang Betty
Seller's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
Buyer's Agent
Dan Bernal
Atlantic Coast Homes,Inc
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$565,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,474
Avg. Annual Appreciation
5.90%
Original Mortgage
$306,000
Outstanding Balance
$268,071
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$297,403

Purchase Details

Closed on
May 15, 2009
Sold by
Emc Mortgage Corp
Bought by
Owens Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,075
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2009
Sold by
Strongin Jacalyn F and Emc Mortgage Corp
Bought by
Emc Mortgage Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,075
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 16, 1998
Sold by
Michaud Paula J
Bought by
Strongin Jacalyn and Posin Sidney

Purchase Details

Closed on
Jan 6, 1992
Sold by
Ox Geoffrey R
Bought by
Boston 5C Sb
Source: Public Records

Range of Values:

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Average Value
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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
Huang Betty $400,000 --
Owens Anthony $155,900 --
Emc Mortgage Corp $168,084 --
Strongin Jacalyn $70,000 --
Boston 5C Sb $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Betty $306,000
Previous Owner Boston 5C Sb $153,075
Previous Owner Boston 5C Sb $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/10/2023 10/10/23 Sold $519,000 0.0% $409 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $519,000 +29.8% $409 / Sq Ft
10/15/2019 10/15/19 Sold $400,000 0.0% $315 / Sq Ft View Prior Sale
09/20/2019 09/20/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $400,000 -- $315 / 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 $5,493 $484,400 $0 $484,400
2024 $5,292 $455,400 $0 $455,400
2023 $5,302 $423,800 $0 $423,800
2022 $5,193 $391,900 $0 $391,900
2021 $5,019 $363,700 $0 $363,700
2020 $4,498 $311,300 $0 $311,300
2019 $3,977 $263,400 $0 $263,400
2018 $3,773 $245,300 $0 $245,300
2017 $3,683 $232,200 $0 $232,200
2016 $3,413 $217,800 $0 $217,800
2015 $3,320 $202,300 $0 $202,300
Source: Public Records

Agents Affiliated with this Home

  • Andrea Osbon

    Seller's Agent in 2023

    Andrea Osbon

    J. Barrett & Company

    (508) 228-3733

    1 in this area

    39 Total Sales

    Andrea Osbon
    Section Image
  • Jack Brown

    Buyer's Agent in 2023

    Jack Brown

    RE/MAX

    (508) 284-5098

    1 in this area

    158 Total Sales

    Jack Brown
    Section Image
  • Jonathan Mathews

    Seller's Agent in 2019

    Jonathan Mathews

    Legacy Realty Advisors LLC

    (781) 853-1765

    78 Total Sales

    Jonathan Mathews
    Section Image
  • Dan Bernal

    Buyer's Agent in 2019

    Dan Bernal

    Atlantic Coast Homes,Inc

    (978) 922-3683

    3 in this area

    50 Total Sales

    Dan Bernal
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73154001

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000044-000801-000801

Massachusetts Essex County Salem 01970 The Point

193 Lafayette St Unit 1, Salem, MA

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