NOT LISTED FOR SALE

245 Lafayette St Unit 3B Salem, MA 01970

South Salem Neighborhood

Estimated Value: $399,000 - $410,000

2 Beds
1 Bath
874 Sq Ft
0.55 Acres

Last Sold May 01, 2020

Last sale price $280,000 $320 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,583/month

1 Day on Market

About This Home

As of May 2020

Well maintained Penthouse unit offers 2 beds, hardwood & laminate floors, living room opens to newly built balcony. The building is professionally managed, equipped with elevators, pet friendly, provides extra storage, and deeded parking (spot #5.) All this and easy access to Boston, trains, shopping, schools, restaurants, and beaches.

Last Listed By

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 03/08/2020

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 1971

Lot Details

  • 0.55

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,979

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Low-Rise
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 319.22
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Unit Building: 3B
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Flooring - Laminate
  • Bedroom 2: On Level: Third Floor, Flooring - Laminate
  • Full Bathrooms: 1
  • No Rooms: 5
  • Dining Room: On Level: Third Floor
  • Kitchen: On Level: Third Floor, Flooring - Hardwood
  • Living Room: On Level: Third Floor, Flooring - Hardwood, Balcony - Exterior
  • No Living Levels: 1
  • Main Lo: C95236
  • Main So: AN4339
  • Estimated Sq Ft: 874.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Stone/Concrete
  • Exterior: Brick, Stucco
  • Exterior Unit Features: Porch, Deck - Composite

Garage/Parking

  • Parking Feature: Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, Private School, Public School, University
  • HOA Fees: 237.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: CONTINENTIAL CONDOMINIUM

Lot Info

  • Assessments: 233800.00
  • Page: 138
  • Zoning: R3
  • Master Book: 18912
  • Master Page: 256

Tax Info

  • Taxes: 3378.41
  • Assessor Parcel Number: 4375068

Multi Family

  • No Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 5, 2020
Sold by
Chephren Llc
Bought by
Comeau Christopher
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Chris Comeau
Real Estate 109
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%
Total Days on Market
1
Current Estimated Value
$404,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,215
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Sep 17, 2012
Sold by
Serluca-Aegerter Sandrine
Bought by
Chephren Llc

Purchase Details

Closed on
Jul 29, 2011
Sold by
Marvakos Carol A
Bought by
Virginie Sandrine A

Purchase Details

Closed on
Sep 16, 2005
Sold by
Siegel Nancy E
Bought by
Mavrakos Carol A

Purchase Details

Closed on
May 30, 2003
Sold by
Lafayette Llc
Bought by
Siegel Nancy E

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in the area

  • 1 Loring Ave Unit 206, Swampscott, MA 01907

    $429,900

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft
    • 1 Loring Ave
    • Unit 206
    • Swampscott, MA

    Welcome to this beautifully maintained single-level living, corner unit offering comfort, style, and convenience. This sun-splashed 2-bedroom, 2-bath home features an open concept layout with wood flooring throughout the living and dining areas, and a private balcony perfect for morning coffee or evening relaxation. The updated kitchen boasts a breakfast bar, ample cabinetry, and a brand-new

    Marcie Gingle William Raveis R.E. & Home Services

    Section Image
  • 245 Lafayette St Unit 1F, Salem, MA 01970

    $367,000

    • 1 Bed
    • 1 Bath
    • 668 Sq Ft
    • 245 Lafayette St
    • Unit 1F
    • Salem, MA

    NEW - Bright and Sunny 1st-floor condo offers one large bedroom, a private balcony and off-street parking. This turn-key home features an expansive living & dining room complete with Hardwood fls & NEW recessed lights thru-out plus access to your private southeast facing balcony. Enjoy entertaining and cooking in your Renovate kitchen complete with a NEW SS appliances, Quartz Counters and NEW

    Zoe Karademos Coldwell Banker Realty - Beverly

    Section Image
  • 2A Hazel St Unit 3, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 820 Sq Ft
    • 2A Hazel St
    • Unit 3
    • Salem, MA

    A Sun Splashed upper unit--Ideally located two blocks off Lafayette Street in South Salem between downtown and Salem State University. Classy and move-in-ready Top Floor Unit features two generously sized bedrooms, hardwood floors, and a private rear deck. The unit comes with deeded off-street parking. Separate Washer and dryer and a good size storage unit in the basement. It is conveniently

    Arian Simaku Simaku Realty, LLC

    Section Image
  • 5 Gardner St Unit 2, Salem, MA 01970

    $459,000

    • 3 Beds
    • 1 Bath
    • 1,228 Sq Ft
    • 5 Gardner St
    • Unit 2
    • Salem, MA

    Tucked on a quiet one-way street, this sun-splashed Salem condo blends timeless charm with thoughtful updates. Soaring ceilings, gleaming hardwood floors, and classic millwork give the home a warm and welcoming feel. The updated kitchen features gas cooking, ample cabinetry, generous prep space, and a breakfast bar that opens to a roomy dining area—perfect for everyday living or entertaining.

    Henry Pizzo Aluxety

    Section Image
  • 24 Cabot St Unit 1, Salem, MA 01970

    $429,000

    • 2 Beds
    • 1 Bath
    • 823 Sq Ft
    • 24 Cabot St
    • Unit 1
    • Salem, MA

    Welcome to 24 Cabot Street #1 — a beautifully maintained and thoughtfully updated first-floor condo just moments from vibrant downtown Salem and the MBTA Commuter Rail. This spacious 2-bedroom, 1-bath home perfectly blends historic charm with modern conveniences. Soaring ceilings, rich hardwood floors, and original architectural details offer warmth and character in every room, while the updated

    Emily Schwartz Centre Realty Group

    Section Image
  • 18 Ropes St Unit 1L, Salem, MA 01970

    $330,000

    • 2 Beds
    • 1 Bath
    • 742 Sq Ft
    • 18 Ropes St
    • Unit 1L
    • Salem, MA

    Welcome to this inviting 2-bedroom, 1-bathroom condo ideally situated in the heart of downtown Salem! Just a mile from Salem State University, this home offers the perfect blend of comfort and convenience. A spacious bedroom is bathed in natural light from the large windows and features beautiful hardwood floors that flow seamlessly into the dining area. The kitchen is well-appointed with sleek

    Cristina Coppola Lamacchia Realty, Inc.

    Section Image
  • 42 Broad St Unit 5, Salem, MA 01970

    $479,000

    • 2 Beds
    • 2 Baths
    • 1,020 Sq Ft
    • 42 Broad St
    • Unit 5
    • Salem, MA

    Welcome to your dream home in the heart of the McIntire Historic District! This charming 2-bedroom, 2-bathroom single-level condo blends historic elegance with modern comforts. The updated kitchen is a chef's delight, featuring expansive stone countertops, sleek stainless steel appliances, and convenient access to your private deck through stylish sliding glass doors—perfect for al fresco dining

    David Wise Compass

    Section Image
  • 9 Kosciusko St Unit 3, Salem, MA 01970

    $379,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 9 Kosciusko St
    • Unit 3
    • Salem, MA

    SUPER charming condo featuring ocean views from the skylights, exposed beams, hardwood floors and a pellet stove!! WOW location just off historic Derby Street with downtown Salem, Pickering Wharf and the water shuttle to Boston just minutes away. You'll love the open concept layout with cathedral ceilings, beautifully refinished hardwood floors and lots of natural light. The gorgeous and spacious

    Pam McKee Keller Williams Realty Evolution

    Section Image
  • 11 Church St Unit 506, Salem, MA 01970

    $465,000

    • 2 Beds
    • 2 Baths
    • 969 Sq Ft
    • 11 Church St
    • Unit 506
    • Salem, MA

    Bright, spacious, and move-in ready 2-bed, 2-bath condo in the highly desirable Essex building in downtown Salem! This updated condo features an open-concept layout with French doors leading to Juliet balcony, a modern kitchen with built-in wine bar, custom walk-in mudroom closet, in-unit laundry, custom closet organizers throughout, new carpet in both bedrooms and large windows with charming

    Scott Saulnier Liberty Residential Realty, LLC

    Section Image
See All Homes in Salem

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
Comeau Christopher $280,000 None Available
Chephren Llc -- --
Virginie Sandrine A $143,000 --
Mavrakos Carol A $222,000 --
Siegel Nancy E $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siegel Nancy E $56,172
Previous Owner Siegel Nancy E $50,975
Previous Owner Siegel Nancy E $22,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $280,000 +0.4% $320 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $279,000 -- $319 / 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 $3,979 $350,900 $0 $350,900
2024 $3,953 $340,200 $0 $340,200
2023 $3,836 $306,600 $0 $306,600
2022 $3,469 $261,800 $0 $261,800
2021 $3,366 $243,900 $0 $243,900
2020 $3,378 $233,800 $0 $233,800
2019 $3,250 $215,200 $0 $215,200
2018 $2,824 $183,600 $0 $183,600
2017 $2,706 $170,600 $0 $170,600
2016 $2,307 $147,200 $0 $147,200
2015 $2,322 $141,500 $0 $141,500
Source: Public Records

Agents Affiliated with this Home

  • Joyce Sullivan

    Seller's Agent in 2020

    Joyce Sullivan

    Keller Williams Realty Evolution

    (978) 852-5388

    6 in this area

    92 Total Sales

    Joyce Sullivan
    Section Image

  • C

    Buyer's Agent in 2020

    Chris Comeau

    Real Estate 109

    (978) 766-5046

    2 in this area

    29 Total Sales

    Chris Comeau
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72630214

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000818-000818

Massachusetts Essex County Salem 01970 South Salem

245 Lafayette St Unit 3B, Salem, MA

Homes for Sale in Salem, MA

This home is located at 245 Lafayette St Unit 3B, Salem, MA 01970 since 08 March 2020 and is currently estimated at $404,215, approximately $462 per square foot. This property was built in 1971. 245 Lafayette St Unit 3B is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

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.

Nearby Homes