$400,000
SOLD OCT 15, 2019

193 Lafayette St Unit 1 Salem, MA 01970

The Point Neighborhood
2 Beds
2 Baths
1,268 Sq Ft
1930 Built

Recently Sold

$315 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • Electric Baseboard Heater
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of October 2023

*** Last chance to own this immaculate sun drenched unit! Offers due 9/10. Includes beautiful period architectural details, bay window, high ceilings and a stately brick facade. Fully renovated to respect the integrity of the historic character, while upgraded with many modern amenities. Flowing layout perfect for entertaining. Tremendous gourmet kitchen includes farmer's sink, center island with extra wide gas range, stainless steel appliances and granite counter tops. Warm your feet on the heated marble tile bathroom floor. Cedar-lined closet in master bedroom. Enjoy the Summer breeze from your private deck. This fully owner occupied building includes designated off street parking, private laundry, ample storage with a large private basement workshop. Easy walk to the Salem Waterfront, Forest River Park, and some of Salem's most exciting restaurants. Care free 30 Minute train ride to North Station Boston, seasonal commuter ferry.

Last Agent to Sell the Property

Jonathan Mathews

Legacy Realty Advisors LLC Listed on: 09/01/2019

Last Buyer's Agent

Dan Bernal

Atlantic Coast Homes,Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,493

Year Built

  • Built in 1930

Flooring

  • Wood Flooring

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Basement

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,493

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 315.46
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1930

Interior Features

  • Flooring: Hardwood
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Dimension: 15X15
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: BB5522
  • Main So: C95243
  • Estimated Sq Ft: 1268.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: Unknown
  • Construction: Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Electric Baseboard, Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • HOA Fees: 250.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance
  • Condo Association: Yes

Lot Info

  • Assessments: 263400.00
  • Page: 97
  • Zoning: Res

Tax Info

  • Taxes: 3977.00

Multi Family

  • No Units: 6
  • No Units Owner Occ: 6

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
$562,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,544
Avg. Annual Appreciation
6.14%
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

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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 $400,000 --
Deed $155,900 --
Foreclosure Deed $168,084 --
Deed $70,000 --
Foreclosure Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,200 Purchase Money Mortgage
Closed $110,000 Credit Line Revolving
Closed $306,000 New Conventional
Previous Owner $45,000 Credit Line Revolving
Previous Owner $145,700 No Value Available
Previous Owner $153,075 FHA
Previous Owner $195,000 No Value Available
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72557064

MLS Property Information Network (MLS PIN)

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