245 Lafayette St Unit 2F Salem, MA 01970
South Salem Neighborhood
1
Bed
1
Bath
668
Sq Ft
0.55
Acres
About This Home
As of May 2021Conveniently located one bedroom condo in well run Salem building. This pet friendly unit features, gleaming hardwood floors, an abundance of light, exclusive outdoor space, and off street parking. The well run association is ideal for owner occupant or investor alike. Conveniently located between downtown Salem and Salem State University. Showings begin at open houses on Wednesday April 19 5:30pm to 7pm and Saturday April 22 12pm to 2pm. Any offers will be reviewed on Sunday April 23 at 6PM. Please allow 48hrs for a response. Sale subject to seller finding suitable housing.
Last Buyer's Agent
William Mcclory
Dream Seekers Realty, LLC
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2022
Sold by
Olguin-Gallardo Alfredo and Gannon Ella M
Bought by
Gallardo Alfredo O
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,707
Outstanding Balance
$153,250
Interest Rate
3.13%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$186,467
Purchase Details
Listed on
Mar 24, 2021
Closed on
May 20, 2021
Sold by
Macphee Gregory C
Bought by
Olguin-Gallardo Alfredo and Peterson Elena
Seller's Agent
Henry Pizzo
Aluxety
Buyer's Agent
Shari McGuirk
Sagan Harborside Sotheby's International Realty
List Price
$229,000
Sold Price
$267,000
Premium/Discount to List
$38,000
16.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$167,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Apr 17, 2017
Closed on
Jun 16, 2017
Sold by
Cahill Ryan E
Bought by
Macphee Gregory C
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
William Mcclory
Dream Seekers Realty, LLC
List Price
$199,900
Sold Price
$199,000
Premium/Discount to List
-$900
-0.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%
Original Mortgage
$189,050
Interest Rate
4.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2011
Sold by
Mcelhiney William and Mcelhiney Paula
Bought by
Cahill Ryan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,853
Interest Rate
3.98%
Purchase Details
Closed on
Apr 15, 2004
Sold by
Hayes Philip A
Bought by
Mcelhiney William and Mcelhiney Paula F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 2003
Sold by
Lafayette Llc
Bought by
Hayes Philip A
Map
Property Details
Home Type
Condominium
Est. Annual Taxes
$3,263
Year Built
1971
Lot Details
0
Listing Details
- Unit Level: 2
- Unit Placement: Upper, Middle
- Property Type: Condominium/Co-Op
- CC Type: Condo
- Style: Mid-Rise
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1971
Interior Features
- Has Basement: Yes
- Number of Rooms: 4
- Electric: Circuit Breakers, 100 Amps
- Flooring: Hardwood
- Bathroom #1: First Floor
- Kitchen: First Floor
- Laundry Room: Basement
- Living Room: First Floor, 12X16
- Master Bedroom: First Floor, 12X13
- Master Bedroom Description: Closet
- Dining Room: First Floor, 13X9
- No Bedrooms: 1
- Full Bathrooms: 1
- No Living Levels: 3
- Main Lo: C95243
- Main So: C95263
Exterior Features
- Exterior: Brick
- Exterior Unit Features: Deck - Wood
Garage/Parking
- Parking: Off-Street, Deeded
- Parking Spaces: 1
Utilities
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: Continental Condominiums
- Association Fee Includes: Water, Sewer, Master Insurance, Security, Laundry Facilities, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
- Association Security: Intercom
- Management: Professional - Off Site
- Pets Allowed: Yes
- No Units: 24
- Unit Building: 2F
Fee Information
- Fee Interval: Monthly
Lot Info
- Assessor Parcel Number: M:33 L:0464 S:814
- Zoning: R3
- Acre: 0.55
- Lot Size: 24000.00
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | -- | None Available | |
| Not Resolvable | $267,000 | None Available | |
| Not Resolvable | $199,000 | -- | |
| Deed | $131,500 | -- | |
| Deed | $161,000 | -- | |
| Deed | $157,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $161,707 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $167,000 | Purchase Money Mortgage | |
| Previous Owner | $189,050 | New Conventional | |
| Previous Owner | $4,853 | No Value Available | |
| Previous Owner | $101,255 | Purchase Money Mortgage | |
| Previous Owner | $26,300 | No Value Available | |
| Previous Owner | $128,800 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2023 12/18/23 | Rented | $1,969 | -1.6% | -- |
| 12/15/2023 12/15/23 | Under Contract | -- | -- | -- |
| 10/17/2023 10/17/23 | For Rent | $2,000 | 0.0% | -- |
| 05/20/2021 05/20/21 | Sold | $267,000 | +16.6% | $400 / Sq Ft |
| 03/31/2021 03/31/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $229,000 | +15.1% | $343 / Sq Ft |
| 06/16/2017 06/16/17 | Sold | $199,000 | -0.5% | $298 / Sq Ft |
| 04/25/2017 04/25/17 | Pending | -- | -- | -- |
| 04/17/2017 04/17/17 | For Sale | $199,900 | -- | $299 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $3,263 | $287,700 | $0 | $287,700 |
| 2024 | $3,233 | $278,200 | $0 | $278,200 |
| 2023 | $3,060 | $244,600 | $0 | $244,600 |
| 2022 | $2,772 | $209,200 | $0 | $209,200 |
| 2021 | $2,691 | $195,000 | $0 | $195,000 |
| 2020 | $2,705 | $187,200 | $0 | $187,200 |
| 2019 | $2,605 | $172,500 | $0 | $172,500 |
| 2018 | $2,267 | $147,400 | $0 | $147,400 |
| 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
About the Listing Agent
Tyson Lynch - North Shore Real Estate Expert | REALTOR® & Trusted Advocate
Looking to buy or sell a home on the North Shore of Massachusetts? Meet Tyson Lynch, a top-producing REALTOR® with a proven track record of over 250 successful home sales. Combining his legal background and real estate expertise, Tyson delivers exceptional results while making the home-buying or selling process seamless.
Nationally Recognized REALTOR® & Local Market Leader
Selected as one of just 20
Tyson's Other Listings
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72146452
APN: SALE-000033-000000-000464-000814-000814
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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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