S
Seller's Agent in 2020
Stephen O'Connell
MerryFox Realty
(978) 740-0008
1 in this area
12 Total Sales
245 Lafayette St Unit 2G Salem, MA 01970
South Salem NeighborhoodEstimated Value: $373,000 - $422,000
2
Beds
1
Bath
881
Sq Ft
0.55
Acres
About This Home
As of November 2020This spacious two bedroom, one bath condo near Salem State University is one not to miss. The bright second floor unit features beautiful hardwood floors in the living room and dining room, a private balcony, and a laundry hook-up in unit. The large master bedroom has a walk-in-closet and wall to wall carpet. There is plenty of closet space throughout the unit, and additional assigned, secure storage in the lower level. The condo complex is professionally managed, equipped with an elevator, deeded parking space, and is pet friendly. Easy access to MBTA, shopping, parks, restaurants, beach and schools. Open House, Sunday, September 27, 11:00 -12:30. Masks required, and please adhere to all Covid19 safety measures.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,002
Year Built
- Built in 1971
Lot Details
- 0.55
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Schools
- Salem High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Hot Water Baseboard Heater
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Laundry in unit
- Year Round Access
Community Details
Amenities
- Laundry Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2020
Closed on
Nov 6, 2020
Sold by
Cohen James H
Bought by
Simard Linda M and Simard Mark C
Seller's Agent
Stephen O'Connell
MerryFox Realty
Buyer's Agent
Stephen O'Connell
MerryFox Realty
List Price
$283,700
Sold Price
$275,000
Premium/Discount to List
-$8,700
-3.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,755
Avg. Annual Appreciation
7.73%
Original Mortgage
$226,650
Outstanding Balance
$202,048
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$199,707
Purchase Details
Closed on
Sep 20, 2004
Sold by
Lafayette Llc
Bought by
Cohen James H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Simard Linda M | $275,000 | None Available | |
| Cohen James H | $210,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Simard Linda M | $226,650 | |
| Previous Owner | Cohen James H | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2020 11/09/20 | Sold | $275,000 | 0.0% | $312 / Sq Ft |
| 10/04/2020 10/04/20 | Pending | -- | -- | -- |
| 09/24/2020 09/24/20 | Price Changed | $275,000 | -3.1% | $312 / Sq Ft |
| 09/10/2020 09/10/20 | For Sale | $283,700 | -- | $322 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,002 | $352,900 | $0 | $352,900 |
| 2024 | $3,976 | $342,200 | $0 | $342,200 |
| 2023 | $3,847 | $307,500 | $0 | $307,500 |
| 2022 | $3,479 | $262,600 | $0 | $262,600 |
| 2021 | $3,375 | $244,600 | $0 | $244,600 |
| 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 | $2,329 | $141,900 | $0 | $141,900 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen O'Connell
-
Amy Sweeney
A
Seller Co-Listing Agent in 2020
Amy Sweeney
MerryFox Realty
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72724372
APN: SALE-000033-000000-000464-000815-000815
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 4 Willow Ave Unit 2
- 2A Hazel St Unit 3
- 10 Hazel St Unit 2
- 9 Glover St Unit 1
- 16 Leavitt St Unit 2
- 7 Fairfield St
- 9 Lyme St
- 17 Cliff St
- 32 Park St
- 288-292 Washington & 5 Porter St Ct
- 327 Lafayette St Unit 2
- 24 Wisteria St Unit 2
- 25 Perkins St
- 39 1/2 Harbor St Unit 1
- 25 Calabrese St
- 22 Calabrese St
- 57 Endicott St Unit 2
- 86 Wharf St Unit 6
- 263 Jefferson Ave
- 1 Laurent Rd Unit 3
- 245 Lafayette St Unit 3H
- 245 Lafayette St Unit 3G
- 245 Lafayette St Unit 3F
- 245 Lafayette St Unit 3E
- 245 Lafayette St Unit 3D
- 245 Lafayette St Unit 3C
- 245 Lafayette St Unit 3B
- 245 Lafayette St Unit 3A
- 245 Lafayette St Unit 2H
- 245 Lafayette St Unit 2F
- 245 Lafayette St Unit 2E
- 245 Lafayette St Unit 2D
- 245 Lafayette St Unit 2C
- 245 Lafayette St Unit 2B
- 245 Lafayette St Unit 2A
- 245 Lafayette St Unit 1H
- 245 Lafayette St Unit 1G
- 245 Lafayette St Unit 1D
- 245 Lafayette St Unit 1C
- 245 Lafayette St Unit 1B