NOT LISTED FOR SALE

245 Lafayette St Unit 2A Salem, MA 01970

South Salem Neighborhood

Estimated Value: $374,000 - $494,000

2 Beds
1 Bath
864 Sq Ft
0.55 Acres

Last Sold November 09, 2017

Last sale price $250,000 $289 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,577/month

38 Days on Market

About This Home

As of November 2017

Beautiful, Sunny 2- bedroom corner unit. Pristine 2nd floor unit features open living room dining room area with separate kitchen. Bamboo floors throughout. New slider opens to private balcony. Bedrooms features good size closets, 1 is a walk in closet. In unit laundry. Beautifully renovated bathroom 1 year ago. This building is very well professionally managed. Storage unit in basement with common laundry. Deeded parking. Close to public transportation, parks, ocean and University and downtown Salem. Elevator in building and pet- friendly. With low condo fee's.

Last Agent to Sell the Property

Kimberly Paula

EXIT Realty Beatrice Associates License #448554113 Listed on: 08/28/2017

EXIT Realty Beatrice Associates

Last Buyer's Agent

Matthew Quinlan

Classified Realty Group

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,991

Year Built

1971

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Built Description: Unknown/Mixed
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Has Basement: No
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
  • Flooring: Bamboo
  • No Bedrooms: 2
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: BB7126
  • Main So: B95141

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: Balcony
  • Beach Ownership: Public

Garage/Parking

  • Parking: Assigned, Deeded, Paved Driveway, Exclusive Parking
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: SESD

Condo/Co-op/Association

  • Association Fee Includes: Hot Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Air Conditioning
  • Association Security: Intercom
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 24
  • Optional Fee Includes: Snow Removal, Reserve Funds
  • Unit Building: 2A

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: resA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Nov 9, 2017
Sold by
Fidellow Investments L
Bought by
Hichens Kelsey
Seller's Agent
Kimberly Paula
EXIT Realty Beatrice Associates
Buyer's Agent
Matthew Quinlan
Classified Realty Group
List Price
$264,988
Sold Price
$250,000
Premium/Discount to List
-$14,988
-5.66%
Current Estimated Value
$427,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,898
Avg. Annual Appreciation
6.88%
Original Mortgage
$150,000
Outstanding Balance
$125,626
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$302,272

Purchase Details

Listed on
Feb 18, 2016
Closed on
Mar 28, 2016
Sold by
Kelley Jacqueline E
Bought by
Fidellow Investments L
Seller's Agent
Clare White Sullivan
Coldwell Banker Realty - Beverly
Buyer's Agent
Kimberly Paula
EXIT Realty Beatrice Associates
List Price
$209,900
Sold Price
$205,088
Premium/Discount to List
-$4,812
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%

Purchase Details

Closed on
Nov 8, 2011
Sold by
Kelley Jacqueline E and Kelley John R
Bought by
Kelley Jacqueline E

Purchase Details

Closed on
May 26, 2011
Sold by
Gaudette James
Bought by
Kelley Jacqueline E and Kelley John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2005
Sold by
Fincl Cendant Mobility
Bought by
Gaudette James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hichens Kelsey $250,000 --
Fidellow Investments L $205,088 --
Kelley Jacqueline E -- --
Kelley Jacqueline E $149,000 --
Gaudette James $215,000 --
Fincl Cendant Mobility $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hichens Kelsey $150,000
Previous Owner Fincl Cendant Mobility $119,200
Previous Owner Fincl Cendant Mobility $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2017 11/09/17 Sold $250,000 -4.6% $289 / Sq Ft
10/05/2017 10/05/17 Pending -- -- --
09/22/2017 09/22/17 Price Changed $262,088 -0.8% $303 / Sq Ft
09/19/2017 09/19/17 Price Changed $264,088 -0.3% $306 / Sq Ft
09/15/2017 09/15/17 Price Changed $264,888 0.0% $307 / Sq Ft
08/28/2017 08/28/17 For Sale $264,988 +29.2% $307 / Sq Ft
03/28/2016 03/28/16 Sold $205,088 -2.3% $237 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $209,900 -- $243 / 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 $3,991 $351,900 $0 $351,900
2024 $3,965 $341,200 $0 $341,200
2023 $3,847 $307,500 $0 $307,500
2022 $3,479 $262,600 $0 $262,600
2021 $3,377 $244,700 $0 $244,700
2020 $3,389 $234,500 $0 $234,500
2019 $3,259 $215,800 $0 $215,800
2018 $2,831 $184,100 $0 $184,100
2017 $2,714 $171,100 $0 $171,100
2016 $2,313 $147,600 $0 $147,600
2015 $2,330 $142,000 $0 $142,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kimberly Paula

    EXIT Realty Beatrice Associates

    Section Image
  • Matthew Quinlan

    Buyer's Agent in 2017

    Matthew Quinlan

    Classified Realty Group

    (978) 827-8268

    150 Total Sales

    Matthew Quinlan
    Section Image

  • C

    Seller's Agent in 2016

    Clare White Sullivan

    Coldwell Banker Realty - Beverly

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72219771

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000809-000809

Massachusetts Essex County Salem 01970 South Salem

245 Lafayette St Unit 2A, Salem, MA

Not Listed for Sale

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