NOT LISTED FOR SALE

245 Lafayette St Unit 1C Salem, MA 01970

South Salem Neighborhood

Estimated Value: $320,000 - $369,000

1 Bed
1 Bath
668 Sq Ft
$289/mo HOA Fee

Last Sold January 16, 2020

Last sale price $245,000 $367 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,501/month

9 Days on Market

About This Home

As of January 2020

Centrally located between downtown Salem and Salem State University, this pet friendly 1 bedroom is filled with light, warmth and comfort. Enjoy historic museums, wonderful restaurants, shopping, parks and great beaches. Plenty of commuter options including the train, bus and seasonal water shuttle to Boston. This unit is located on the first floor with elevator access. Features include hardwood floors, walk-in closet, new slider to a sunny private balcony, ceiling fans, air conditioner, deeded parking space, private storage and clean, shared laundry in the lower level. Professionally managed building. This unit will not disappoint!!

Last Listed By

Denise Johnson

Coldwell Banker Realty - Marblehead Listed on: 12/02/2019

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1971

Lot Details

  • 0.55

HOA Fees

  • $289 per month

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,291

Year Built

Built in 1971

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 344.16
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Unit Building: 1C
  • Unit Level: 1
  • Unit Placement: Middle, Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Tile, Vinyl, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Vent Hood
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Closet - Walk-in, Flooring - Hardwood, Main Level
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 4
  • Kitchen: On Level: First Floor, Flooring - Laminate, Main Level, Lighting - Overhead
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Hardwood, Balcony / Deck, Balcony - Exterior, Exterior Access, Open Floor Plan, Slider
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: AN4305
  • Estimated Sq Ft: 668.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Exterior: Brick, Stucco
  • Insulation Feature: Unknown
  • Exterior Unit Features: Deck - Composite

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC, Individual, Unit Control
  • Heating: Hot Water Baseboard, Gas
  • Utility Connections: for Electric Range, Icemaker Connection

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Public School, T-Station, University
  • HOA Fees: 288.88
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: The Continental Condominium

Lot Info

  • Assessments: 171900.00
  • Page: 171
  • Zoning: Res

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 2595.69
  • Assessor Parcel Number: 4341368

Multi Family

  • No Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jan 16, 2020
Sold by
Baker Jane
Bought by
Stastna Jitka
Seller's Agent
Denise Johnson
Coldwell Banker Realty - Marblehead
Buyer's Agent
Connolly Gallo Team
List Price
$229,900
Sold Price
$245,000
Premium/Discount to List
$15,100
6.57%
Total Days on Market
9
Current Estimated Value
$346,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,533
Avg. Annual Appreciation
6.70%
Original Mortgage
$183,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Lafayette Llc
Bought by
Baker Jane and Baker Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Stastna Jitka $245,000 None Available
Baker Jane $169,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stastna Jitka $150,000
Closed Stastna Jitka $183,750
Previous Owner Baker Jane $79,750
Previous Owner Baker Jane $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $245,000 +6.6% $367 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $229,900 -- $344 / 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 $3,291 $290,200 $0 $290,200
2024 $3,258 $280,400 $0 $280,400
2023 $3,074 $245,700 $0 $245,700
2022 $2,785 $210,200 $0 $210,200
2021 $2,752 $199,400 $0 $199,400
2020 $2,695 $186,500 $0 $186,500
2019 $2,596 $171,900 $0 $171,900
2018 $2,259 $146,900 $0 $146,900
2017 $2,166 $136,600 $0 $136,600
2016 $1,847 $117,900 $0 $117,900
2015 $1,859 $113,300 $0 $113,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Denise Johnson

    Coldwell Banker Realty - Marblehead

    1 Total Sale

    Denise Johnson
    Section Image
  • Lise Danforth

    Seller Co-Listing Agent in 2020

    Lise Danforth

    Coldwell Banker Realty - Marblehead

    (978) 853-2228

    2 in this area

    39 Total Sales

    Lise Danforth
    Section Image
  • Connolly Gallo Team

    Buyer's Agent in 2020

    Connolly Gallo Team

    (978) 808-6718

    2 in this area

    94 Total Sales

    Connolly Gallo Team
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72597278

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000803-000803

Massachusetts Essex County Salem 01970 South Salem

245 Lafayette St Unit 1C, Salem, MA

Homes for Sale in Salem, MA

This home is located at 245 Lafayette St Unit 1C, Salem, MA 01970 since 02 December 2019 and is currently estimated at $346,533, approximately $518 per square foot. This property was built in 1971. 245 Lafayette St Unit 1C is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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