NOT LISTED FOR SALE

2 Laurent Rd Unit 5 Salem, MA 01970

Castle Hill Neighborhood

Estimated Value: $363,000 - $399,000

2 Beds
1 Bath
788 Sq Ft
$364/mo HOA Fee

Last Sold January 20, 2022

Last sale price $297,000 $377 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,685/month

51 Days on Market

About This Home

As of January 2022

HEAT+HOT WATER ARE INCLUDED IN CONDO FEE! Professionally painted! --- Meticulously maintained kitchen with granite counters, new backsplash. Kitchen has stainless appliances (Dishwasher, stove, microwave, Fridge). In-unit Washer/dryer combo! Large living room space w/ in-wall AC. 2 spacious bedrooms with ample closet space. Meticulously maintained hardwood floors throughout! 2 parking spaces (one-behind the other). Jacuzzi tub. Close proximity to shopping & downtown Salem.

Last Agent to Sell the Property

Daniel DelloIacono

Commonwealth Residential Realty, LLC License #449547849 Listed on: 10/21/2021

Last Buyer's Agent

Shamir Tyler

Lamacchia Realty, Inc. License #449595823

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,581

Year Built

1973

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • Directions: GPS
  • Garage Yn: No
  • Structure Type: Low-Rise
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Utility Connections for Electric Range
  • Total Bathrooms: 1
  • MAIN LO: AN1183
  • LIST PRICE PER Sq Ft: 380.71
  • PRICE PER Sq Ft: 376.9
  • MAIN SO: AN2314
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile
  • Stories: 1

Exterior Features

  • Disclosures: Listing Agent Is The Owner's Spouse. Management Company, Condo Association Is Planning On Replacing The Front Stairs Soon.
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 5
  • Amenities: Hot Water
  • Association Fee: 363.73
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • PAGE: 37743
  • Farm Land Area Units: Square Feet
  • Zoning: 000000000

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 3082.92
  • Tax Book Number: 339
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Jan 20, 2022
Sold by
Delloiacono Danielle M
Bought by
Abdellaoui Manel
Seller's Agent
Daniel DelloIacono
Commonwealth Residential Realty, LLC
Buyer's Agent
Shamir Tyler
Lamacchia Realty, Inc.
List Price
$310,000
Sold Price
$297,000
Premium/Discount to List
-$13,000
-4.19%
Current Estimated Value
$381,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,592
Avg. Annual Appreciation
7.01%
Original Mortgage
$190,000
Outstanding Balance
$175,823
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,769

Purchase Details

Closed on
Feb 4, 2021
Sold by
Morse Dan and Morse Danielle
Bought by
Morse Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
2.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jul 29, 2019
Sold by
Maciver Rachel and Maciver Richard C
Bought by
Morse Dan and Morse Danielle
Seller's Agent
Daniel DelloIacono
Commonwealth Residential Realty, LLC
Buyer's Agent
S.Michael Palazzolo
Charlesgate Realty Group, llc
List Price
$259,900
Sold Price
$245,000
Premium/Discount to List
-$14,900
-5.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$195,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Laurent Rd S Llc
Bought by
Maciver Richard C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,800
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Abdellaoui Manel $297,000 None Available
Morse Danielle M -- None Available
Morse Dan $245,000 --
Maciver Richard C $229,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdellaoui Manel $190,000
Previous Owner Morse Danielle M $217,000
Previous Owner Morse Dan $195,000
Previous Owner Maciver Richard C $229,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $297,000 -4.2% $377 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $310,000 +26.5% $393 / Sq Ft
08/09/2019 08/09/19 Sold $245,000 -2.0% $311 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/09/2019 05/09/19 Price Changed $249,900 -3.8% $317 / Sq Ft
04/01/2019 04/01/19 For Sale $259,900 0.0% $330 / Sq Ft
12/11/2017 12/11/17 Rented $1,800 0.0% --
12/07/2017 12/07/17 For Rent $1,800 -- --
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 $3,581 $315,800 $0 $315,800
2024 $3,440 $296,000 $0 $296,000
2023 $3,528 $282,000 $0 $282,000
2022 $3,254 $245,600 $0 $245,600
2021 $3,083 $223,400 $0 $223,400
2020 $3,134 $216,900 $0 $216,900
2019 $2,935 $194,400 $0 $194,400
2018 $2,816 $183,300 $0 $183,300
2017 $2,761 $174,100 $0 $174,100
2016 $2,595 $165,600 $0 $165,600
2015 $2,548 $155,300 $0 $155,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel DelloIacono

    Commonwealth Residential Realty, LLC

    Section Image

  • S

    Buyer's Agent in 2022

    Shamir Tyler

    Lamacchia Realty, Inc.

    Section Image
  • S.Michael Palazzolo

    Buyer's Agent in 2019

    S.Michael Palazzolo

    Charlesgate Realty Group, llc

    (617) 820-8039

    5 Total Sales

    S.Michael Palazzolo
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72911565

MLS Property Information Network (MLS PIN)

APN: SALE-000024-000000-000057-000805-000805

Massachusetts Essex County Salem 01970 Castle Hill

2 Laurent Rd Unit 5, Salem, MA

This home is located at 2 Laurent Rd Unit 5, Salem, MA 01970 since 21 October 2021 and is currently estimated at $381,592, approximately $484 per square foot. This property was built in 1973. 2 Laurent Rd Unit 5 is a home located in Essex County with nearby schools including Horace Mann Laboratory, Saltonstall School, and Carlton Elementary School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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