NOT LISTED FOR SALE

245 Lafayette St Unit 3B Salem, MA 01970

South Salem Neighborhood

Estimated Value: $378,000 - $445,000

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. 47% increase in value since last sale

Current estimated payment $2,503/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 Agent to Sell the Property

Joyce Sullivan

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

Keller Williams Realty Evolution

Last Buyer's Agent

Chris Comeau

Real Estate 109

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%
Current Estimated Value
$412,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,387
Avg. Annual Appreciation
7.16%

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
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

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 List to Sale Price per Sq Ft
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

    4 in this area

    107 Total Sales

    Joyce Sullivan
    Section Image

  • C

    Buyer's Agent in 2020

    Chris Comeau

    Real Estate 109

    (978) 766-5046

    2 in this area

    34 Total Sales

    Chris Comeau
    Section Image
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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

Not Listed for Sale

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