NOT LISTED FOR SALE

193 Lafayette St Unit 2 Salem, MA 01970

The Point Neighborhood

Estimated Value: $486,000 - $538,000

2 Beds
1.5 Baths
1,311 Sq Ft
$250/mo HOA Fee

Last Sold November 15, 2023

Last sale price $450,000 $343 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,470/month

10 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Home Office
  • Deck
  • Wood Flooring
  • 3-minute walk to Mary Jane Lee Park

About This Home

As of November 2023

Welcome to this charming 2+ bedroom condo with an additional room that can serve as an office or den. Nestled in a prime location, this home offers the convenience of being a short distance from vibrant downtown Salem, Salem State University, and public transportation. As you step inside, you'll be greeted by the elegance of period details throughout and the warmth of hardwood floors. The spacious eat-in kitchen, separate dining room, and inviting living room provide ample space for relaxation and entertainment. Step out onto your private deck to enjoy tranquil moments outdoors. With the added convenience of one deeded parking spot, the freedom to have pets, and a non-smoking policy within the unit/common areas, this condo offers a harmonious blend of comfort, style, and convenience. Embrace the quintessential Salem lifestyle in this delightful home!

Last Agent to Sell the Property

Stephanie Curran

William Raveis R.E. & Home Services Listed on: 09/25/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Timothy Kotkowski

The Proper Nest Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,409

Year Built

  • Built in 1930

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,311 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Intercom
  • Basement

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2135448

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, trash
  • 6 Units
  • 193 195 Lafayette Street Condominium Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,409

Year Built

Built in 1930

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1930
  • Buyer Agency: 2.5
  • Entry Level: 2
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Flooring - Wood
  • Interior Amenities: Home Office
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Dishwasher,Disposal,Countertop Range,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Flooring - Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Flooring - Wood
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Features: Flooring - Wood
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile
  • Laundry Features: In Building
  • Room Living Room Features: Flooring - Wood
  • Room Office Features: Flooring - Wood
  • Basement: Y
  • Living Area: 1311
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 343.25
  • PRICE PER Sq Ft: 343.25
  • MAIN SO: AN6899

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Hot Water
  • 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, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 2135448
  • Zoning: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 66
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4409
  • Tax Book Number: 21590

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2003
Sold by
Richardson Karen L
Bought by
Mcdonald Arthur J
Current Estimated Value
$504,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1995
Sold by
Rodenhiser David and Rodenhiser Albert
Bought by
Pickett Hahns

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 1988
Sold by
Ds & T Rt
Bought by
Rodenhiser Albert E
Source: Public Records

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Range of Values:

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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
Mcdonald Arthur J $214,500 --
Pickett Hahns $72,000 --
Rodenhiser Albert E $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bannister-Davis Pamela $427,500
Closed Rodenhiser Albert E $100,000
Previous Owner Rodenhiser Albert E $168,000
Previous Owner Rodenhiser Albert E $110,000
Previous Owner Rodenhiser Albert E $68,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $450,000 0.0% $343 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $450,000 -7.2% $343 / Sq Ft
09/25/2023 09/25/23 For Sale $485,000 -- $370 / 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 $4,923 $434,100 $0 $434,100
2024 $4,534 $390,200 $0 $390,200
2023 $4,535 $362,500 $0 $362,500
2022 $4,435 $334,700 $0 $334,700
2021 $4,288 $310,700 $0 $310,700
2020 $4,159 $287,800 $0 $287,800
2019 $4,021 $266,300 $0 $266,300
2018 $3,813 $247,900 $0 $247,900
2017 $3,721 $234,600 $0 $234,600
2016 $3,447 $220,000 $0 $220,000
2015 $3,354 $204,400 $0 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73163209

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000044-000802-000802