NOT LISTED FOR SALE

193 Lafayette St Unit 1 Salem, MA 01970

The Point Neighborhood

Estimated Value: $549,000 - $608,000

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 $3,857/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

  • 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
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 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
  • Total Bathrooms: 1.5
  • 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
  • LIST PRICE PER Sq Ft: 409.31
  • PRICE PER Sq Ft: 409.31
  • 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
  • UNIT BUILDING: 1
  • 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
  • PAGE: 240
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5302
  • Tax Book Number: 37932

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
$565,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,258
Avg. Annual Appreciation
6.28%
Original Mortgage
$306,000
Interest Rate
3.5%
Mortgage Type
New Conventional

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

Similar Homes in Salem, MA

  • 15 Cabot St Unit 3, Salem, MA 01970

    $470,000

    • 2 Beds
    • 1 Bath
    • 934 Sq Ft
    • 15 Cabot St
    • Unit 3
    • Salem, MA

    This stylish and sun-filled top-floor 2 bed, 1 bath condo is beautifully updated and well maintained. The building was fully renovated in 2019 (including the addition of a sprinkler system) and all major systems and appliances are approximately five years old. The home features central AC, a spacious full bath, and in-unit full-size washer and dryer. The open-concept living area includes dark

    Rita Lu Keller Williams Realty Boston-Metro | Back Bay

    Section Image
  • 12 Summit Ave Unit 1, Salem, MA 01970

    $484,900

    • 2 Beds
    • 1 Bath
    • 1,170 Sq Ft
    • 12 Summit Ave
    • Unit 1
    • Salem, MA

    A few blocks from Forest River Park, this spacious single-level two-bedroom condominium is a true surprise when you enter. You are greeted by an open layout, high ceilings, large windows, and a huge kitchen! Hardwood floors, stainless appliances, and plenty of counter and cabinet space plus a mudroom/laundry room make this space perfect for real life and entertaining! The primary bedroom has a

    Merry Fox Team MerryFox Realty

    Section Image
  • 101 Leach St Unit 3, Salem, MA 01970

    $659,900

    • 2 Beds
    • 2 Baths
    • 1,115 Sq Ft
    • 101 Leach St
    • Unit 3
    • Salem, MA

    Top floor PENTHOUSE unit with spectacular OCEANFRONT views! Enjoy breathtaking coastal views everyday from your kitchen and private deck plus abundant natural sunlight pouring through high ceilings and large windows. The dream worthy kitchen is equipped with island, ss appliances, sleek quartz counters & pantry with beautiful hardwood floors throughout. Living/dining room is picturesque with

    The Lucci Witte Team William Raveis R.E. & Home Services

    Section Image
  • 51 Lafayette St Unit 304, Salem, MA 01970

    $589,000

    • 2 Beds
    • 2 Baths
    • 1,620 Sq Ft
    • 51 Lafayette St
    • Unit 304
    • Salem, MA

    Fabulous sunny, southeast side, corner unit with water views! Experience modern luxury living at its finest at the Derby Lofts Condos located on Lafayette Street in beautiful historic Salem. Enjoy easy living with two bedrooms, two bathrooms in an open layout with new appliances and an updated primary bath. Walls of glass and picture window overlook Derby Street and the South River Canal. The

    Sophie Soman LandVest, Inc., Manchester -by-the-Sea

    Section Image
  • 27 Ocean Ave Unit 1, Salem, MA 01970

    $499,000

    • 2 Beds
    • 1 Bath
    • 1,125 Sq Ft
    • 27 Ocean Ave
    • Unit 1
    • Salem, MA

    Charming,1st floor unit boasts sun filled rooms & space for a home office.One level living at it's best! This spacious unit is on a side street a few blocks from the vibrant downtown Salem restaurant scene. 1 block from Salem Harbor. 2 pets allowed. Salem dog park is a short drive away. Salem commuter rail w/ plenty of parking. Less than 1/2 hour ride to North Station, Boston. Many recent updates

    Nancy Hughes Conway - Swampscott

    Section Image
  • 20 Central St Unit 405, Salem, MA 01970

    $589,900

    • 2 Beds
    • 2 Baths
    • 1,387 Sq Ft
    • 20 Central St
    • Unit 405
    • Salem, MA

    Welcome to this updated PH unit in the desirable Central Plaza complex located in the heart of downtown Salem. Unit is in close proximity to public trans., MBTA, shops, restaurants, Salem waterfront, inc. the ferry to Boston & all downtown Salem has to offer. Unit features 2 BR with ceiling fans, 2 fully renovated baths w/an open concept kitchen/LR & DR area. Kitchen has a large walk in pantry,

    Catherine Ratcliffe Homesmart Success Realty

    Section Image
  • 20 Central St Unit 402, Salem, MA 01970

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,395 Sq Ft
    • 20 Central St
    • Unit 402
    • Salem, MA

    Updated penthouse unit in desirable building with Westerly views across the city of historic Derby Square and Old Town Hall. Located in the heart of Salem, steps from shops, restaurants, museums, harbor, the Salem Common and the Commuter Rail, this unit has it all. Renovations by the current owners resulted in a spacious gourmet kitchen with newly installed quartz countertops and tile floors as

    Amanda Armstrong Compass

    Section Image
  • 140 Washington St Unit 1C, Salem, MA 01970

    $619,000

    • 2 Beds
    • 2 Baths
    • 1,210 Sq Ft
    • 140 Washington St
    • Unit 1C
    • Salem, MA

    Modern, loft style condominium now available in the heart of downtown Salem! Stop renting now and enjoy the pride of ownership or become a landlord and take advantage of a solid property with a strong rental history. This gorgeous home has soaring ceilings, HUGE windows, exposed brick walls, natural post beams, and its drenched in natural light. There are two generous bedrooms, two full baths, a

    Joe Firicano Boston Hub Real Estate

    Section Image
  • 99 Washington St Unit 23, Salem, MA 01970

    $659,000

    • 2 Beds
    • 2 Baths
    • 1,492 Sq Ft
    • 99 Washington St
    • Unit 23
    • Salem, MA

    Downtown living at its best! Peer out at the action of downtown Salem through the huge windows and across the open living area, which give this single-level condominium a loft-like feel. Situated in the heart of downtown, take the convenient elevator out to instant access to dining and shops. When you aren't busy watching the hustle and bustle of downtown, enjoy the living room with built-in

    Merry Fox Team MerryFox Realty

    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
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 Kang Sunghyun $415,200
Closed Huang Betty $110,000
Closed Huang Betty $306,000
Previous Owner Hurst Megan $45,000
Previous Owner Owens Anthony $145,700
Previous Owner Boston 5C Sb $153,075
Previous Owner Boston 5C Sb $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73154001

MLS Property Information Network (MLS PIN)

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