NOT LISTED FOR SALE

245 Lafayette St Unit 2H Salem, MA 01970

South Salem Neighborhood

Estimated Value: $372,000 - $406,000

2 Beds
1 Bath
891 Sq Ft
0.55 Acres Lot

Sale Details

Date Sold: June 4, 2020

Last sale price $260,000 $292 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,414 / mo

90 Days on Market

About This Home

As of June 2020

Buyer lost financing. Come check out this great 2 bedroom condo in the heart of Salem. Close to downtown Salem, Salem University, and public transportation. This sunny home has hardwood flooring in living areas, a private balcony, 2 spacious bedrooms, and in-unit laundry. This building is professionally managed, has elevators, is pet-friendly, and comes with a deeded parking spot. Don't miss your chance to live in the historic town of Salem which offers shopping, dining, museums, and beautiful beaches.

Last Agent to Sell the Property

Shane Small

Compass Listed on: 01/22/2020

Compass

Last Buyer's Agent

Gail Tyrrell

Churchill Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • 0.55

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

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

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0464 S:816

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0.55 Acres

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Year Built Description: Actual
  • List Price Per Sq Ft: 308.53
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Unit Building: 2H
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Interior Amenities: Cable Available
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Dimension: 11X18, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Dimension: 10X15, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 9X5, Bathroom - Full, Bathroom - With Tub & Shower
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Dimension: 7X11, Flooring - Hardwood
  • Kitchen: On Level: Second Floor, Dimension: 8X11, Flooring - Vinyl
  • Laundry: On Level: Second Floor
  • Living Room: On Level: Second Floor, Dimension: 17X13, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: NB3534
  • Main So: NB5012
  • Estimated Sq Ft: 891.00

Exterior Features

  • Roof Material: Rubber
  • 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
  • Cooling: Wall AC
  • Cooling Zones: 1
  • Heating: Hot Water Baseboard, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility
  • HOA Fees: 237.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Park
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: The Continental Condominium

Lot Info

  • Assessments: 216400.00
  • Acre: 0.55
  • Lot Size: 23958.00
  • Page: 219
  • Parcel Number: M:33 L:0464 S:816
  • Zoning: R3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 3268.00
  • Assessor Parcel Number: 4330900

Multi Family

  • No Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2020
Sold by
Phillip R Mccarthy Sr Rt and Tran
Bought by
Leccia Laurence
Current Estimated Value
$390,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jul 28, 2017
Sold by
Polansky Robert
Bought by
Tran Sang and Tran Don
Seller's Agent
Zoe Karademos
Coldwell Banker Realty - Marblehead
Buyer's Agent
Zoe Karademos
Coldwell Banker Realty - Marblehead
List Price
$239,900
Sold Price
$252,000
Premium/Discount to List
$12,100
5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$160,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2017
Sold by
Andrews Janet
Bought by
Polansky Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Lafayette Llc
Bought by
Andrews Janet
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Leccia Laurence $260,000 None Available
Leccia Laurence F $260,000 None Available
Tran Sang $252,000 --
Polansky Robert $175,000 --
Andrews Janet $211,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Leccia Laurence F $195,000
Previous Owner Tran Sang $160,000
Previous Owner Polansky Robert $131,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2020 06/04/20 Sold $260,000 -5.4% $292 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $274,900 0.0% $309 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $274,900 +9.1% $309 / Sq Ft
07/28/2017 07/28/17 Sold $252,000 +5.0% $287 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $239,900 -- $273 / 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 $4,000 $352,700 $0 $352,700
2024 $3,974 $342,000 $0 $342,000
2023 $3,857 $308,300 $0 $308,300
2022 $3,489 $263,300 $0 $263,300
2021 $3,385 $245,300 $0 $245,300
2020 $3,397 $235,100 $0 $235,100
2019 $3,268 $216,400 $0 $216,400
2018 $2,839 $184,600 $0 $184,600
2017 $2,712 $171,000 $0 $171,000
2016 $2,311 $147,500 $0 $147,500
2015 $2,327 $141,800 $0 $141,800
Source: Public Records

Agents Affiliated with this Home

  • Shane Small

    Seller's Agent in 2020

    Shane Small

    Compass

    (781) 521-9025

    29 Total Sales

    Shane Small
    Section Image
  • Gail Tyrrell

    Buyer's Agent in 2020

    Gail Tyrrell

    Churchill Properties

    (781) 760-0670

    16 Total Sales

    Gail Tyrrell
    Section Image
  • Zoe Karademos

    Seller's Agent in 2017

    Zoe Karademos

    Coldwell Banker Realty - Marblehead

    (781) 405-7122

    11 in this area

    60 Total Sales

    Zoe Karademos
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72610698

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000816-000816

Massachusetts Essex County Salem 01970 South Salem

245 Lafayette St Unit 2H, Salem, MA

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MLS Property Information Network (MLS PIN) 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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