NOT LISTED FOR SALE

245 Lafayette St Unit 2C Salem, MA 01970

South Salem Neighborhood

Estimated Value: $320,000 - $356,000

1 Bed
1 Bath
668 Sq Ft
$201/mo HOA Fee

Last Sold January 25, 2019

Last sale price $206,000 $308 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,383/month

28 Days on Market

About This Home

As of January 2019

Bright sunny 1-bedroom unit close to University, park and ocean, convenient to Salem restaurants, PEM and train depot. This impeccable 2nd floor unit features spacious closet in bedroom, living room with hardwood floors and sliders to delightful sunny private balcony. Professionally Managed building, deeded on-site parking, elevator, additional unit storage and shared laundry in basement. You will love this modern pet-friendly building. Fantastic value, excellent location 10 minutes walk to downtown Salem.

Last Listed By

Clare White Sullivan

Coldwell Banker Realty - Beverly License #454007168 Listed on: 11/15/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 1971

Lot Details

  • Year Round Access

HOA Fees

  • $201 per month

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

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

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0464 S:811

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,281

Year Built

Built in 1971

Lot Details

0

HOA Fees

$201 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 327.84
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 2C
  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Rooms: 4
  • Laundry: On Level: Basement
  • Living Room: Flooring - Hardwood, Balcony - Exterior
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: K95001
  • Main So: AN2888
  • Estimated Sq Ft: 668.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame, Brick, Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, House of Worship, Public School, T-Station, University
  • HOA Fees: 201.00
  • 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: Continental Condominium Association

Lot Info

  • Assessments: 146900.00
  • Acre: 0.55
  • Lot Size: 24000.00
  • Page: 308
  • Parcel Number: M:33 L:0464 S:811
  • Zoning: R3

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2259.00
  • Assessor Parcel Number: 4407663

Multi Family

  • No Units: 24
  • No Units Owner Occ: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jan 10, 2019
Sold by
Buckley Mary T and Forward Maura T
Bought by
Croteau Chantal
Seller's Agent
Clare White Sullivan
Coldwell Banker Realty - Beverly
Buyer's Agent
Richmond Dawson
Cameron Real Estate Group
List Price
$219,000
Sold Price
$206,000
Premium/Discount to List
-$13,000
-5.94%
Total Days on Market
28
Current Estimated Value
$341,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,146
Avg. Annual Appreciation
8.33%
Original Mortgage
$191,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Sawulski Charles and Sawulski Paula J
Bought by
Buckley Mary T and Forward Maura T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2003
Sold by
Mullins Craig J
Bought by
Sawulski Charles and Sawulski Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage

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
Croteau Chantal $206,000 --
Buckley Mary T $190,000 --
Sawulski Charles $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Croteau Chantal $190,000
Closed Croteau Chantal $191,000
Previous Owner Sawulski Charles $65,000
Previous Owner Sawulski Charles $45,000
Previous Owner Sawulski Charles $137,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $206,000 -5.9% $308 / Sq Ft
12/13/2018 12/13/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $219,000 0.0% $328 / Sq Ft
11/19/2018 11/19/18 Pending -- -- --
11/15/2018 11/15/18 For Sale $219,000 -- $328 / 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 $3,281 $289,300 $0 $289,300
2024 $3,249 $279,600 $0 $279,600
2023 $3,062 $244,800 $0 $244,800
2022 $2,776 $209,500 $0 $209,500
2021 $2,695 $195,300 $0 $195,300
2020 $2,709 $187,500 $0 $187,500
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72424483

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000811-000811