NOT LISTED FOR SALE

245 Lafayette St Unit 1D Salem, MA 01970

South Salem Neighborhood

Estimated Value: $403,000 - $436,000

2 Beds
1 Bath
881 Sq Ft
$340/mo HOA Fee

Last Sold December 28, 2020

Last sale price $291,200 $331 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,991/month

7 Days on Market

About This Home

As of December 2020

NEW - Bright and Sunny 1st-floor corner unit offers two bedrooms, a private balcony and off-street parking. This turn-key home features an expansive living and dining room complete with hardwood floors, ceiling fan and access to your private southeast facing balcony. Enjoy entertaining and cooking in your fully applianced kitchen complete with a NEW stainless steel stove and microwave! Tranquility welcomes you into your large master bedroom with the cross light exposure and generous sized walk-in closet. Ample second bedroom, great closet space, pet-friendly too. Enjoy living in this non-smoking professionally managed brick building. Conveniently located to Downtown Salem, Historic Waterfront and Salem State University. Additional amenities include elevator access, onsite laundry, exclusive storage and AC. Hot Water included in low condo fee. Move-in and unpack and enjoy all the conveniences of living in the City of Salem! ** Showings start at Open House Dec 5th & 6th

Last Agent to Sell the Property

Zoe Karademos

Coldwell Banker Realty - Beverly Listed on: 12/03/2020

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Catherine St Pierre

Aluxety

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1971

Lot Details

  • 0.55

HOA Fees

  • $340 per month

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood Flooring

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,078

Year Built

Built in 1971

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Low-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 323.38
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Unit Building: 1D
  • Unit Level: 1
  • Unit Placement: Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Hardwood
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 5
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: AN6181
  • Main So: C95180
  • Estimated Sq Ft: 881.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, Marina, T-Station, University
  • HOA Fees: 340.48
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal
  • Condo Association: Yes
  • Management: Professional - Off Site

Lot Info

  • Assessments: 242000.00
  • Page: 322
  • Zoning: R3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3496.90
  • Assessor Parcel Number: 4394878
  • Tax Year: 2020

Multi Family

  • No Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Lausier Philip and Baldwin Catherine
Bought by
P Lausier & C Baldwin Lt
Current Estimated Value
$418,495

Purchase Details

Listed on
Dec 3, 2020
Closed on
Dec 28, 2020
Sold by
Niemy Glen P and Niemy Lesley A
Bought by
Baldwin Catherine and Lausier Philip
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Beverly
Buyer's Agent
Catherine St Pierre
Aluxety
List Price
$284,900
Sold Price
$291,200
Premium/Discount to List
$6,300
2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 10, 2017
Sold by
Blasczak Christopher A and Blasczak Cherry C
Bought by
Niemy Glen P and Niemy Lesley A
Seller's Agent
Chris Blasczak
Liberty Residential Realty, LLC
Buyer's Agent
Chris Blasczak
Liberty Residential Realty, LLC
List Price
$214,900
Sold Price
$225,000
Premium/Discount to List
$10,100
4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$202,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 6, 2016
Sold by
Blasczak Christopher A
Bought by
Blasczak Christopher A and Blasczak Cherry C
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Chris Blasczak
Liberty Residential Realty, LLC
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.76%
Original Mortgage
$146,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 31, 2016
Sold by
Nelson Donald R
Bought by
Blasczak Christopher A
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Chris Blasczak
Liberty Residential Realty, LLC
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2003
Sold by
Lafayette Llc
Bought by
Nellson Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
P Lausier & C Baldwin Lt -- None Available
Baldwin Catherine $291,200 None Available
Niemy Glen P $225,000 --
Blasczak Christopher A -- --
Blasczak Christopher A $195,000 --
Nellson Donald R $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Niemy Glen P $194,000
Previous Owner Niemy Glen P $202,500
Previous Owner Blasczak Christopher A $146,250
Previous Owner Nellson Donald R $145,000
Previous Owner Nellson Donald R $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $291,200 +2.2% $331 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $284,900 +26.6% $323 / Sq Ft
05/10/2017 05/10/17 Sold $225,000 +4.7% $255 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $214,900 +10.2% $244 / Sq Ft
03/31/2016 03/31/16 Sold $195,000 -7.1% $221 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $209,900 -- $238 / 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 $4,078 $359,600 $0 $359,600
2024 $4,048 $348,400 $0 $348,400
2023 $3,896 $311,400 $0 $311,400
2022 $3,525 $266,000 $0 $266,000
2021 $3,483 $252,400 $0 $252,400
2020 $3,497 $242,000 $0 $242,000
2019 $3,363 $222,700 $0 $222,700
2018 $2,924 $190,100 $0 $190,100
2017 $2,714 $171,100 $0 $171,100
2016 $2,313 $147,600 $0 $147,600
2015 $2,329 $141,900 $0 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72763376

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000804-000804