$210,000
SOLD SEP 1, 2017

245 Lafayette St Unit 3C Salem, MA 01970

South Salem Neighborhood
1 Bed
1 Bath
668 Sq Ft
0.55 Acres

Recently Sold

$314 Per Sq Ft

5% Above List Price

5 Days on Market

About This Home

As of March 2023

Conveniently located between downtown and Salem State, you are going to love your fantastic one bedroom condo at The Continental. You'll love your sun splashed private balcony. You'll love the hardwood floors throughout. Clean, bright and efficient; if you are looking to downsize or buying your first home, this fantastic unit is waiting for you. Looking for convenience? How about two parking spaces?! Sick of stairs? Enjoy the elevator! Need more room? Additional private storage in the basement! Pet friendly! You'll have it all!

Last Agent to Sell the Property

Daniel Meegan

J. Barrett & Company Listed on: 08/03/2017

Last Buyer's Agent

Maggie Gibson

MerryFox Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,275

Year Built

1971

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, T-Station, University
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor, 5X8
  • Kitchen: First Floor, 7X10
  • Laundry Room: Basement
  • Living Room: First Floor, 12X17
  • Master Bedroom: First Floor, 12X12
  • Master Bedroom Description: Ceiling Fan(s), Flooring - Wall to Wall Carpet
  • Dining Room: First Floor, 7X9
  • No Bedrooms: 1
  • Full Bathrooms: 1
  • No Living Levels: 1
  • Main Lo: C95243
  • Main So: C95279

Exterior Features

  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking: Assigned
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: The Continental
  • Association Fee Includes: Water, Sewer, Master Insurance, Security, Laundry Facilities, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage
  • Management: Professional - Off Site
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 24
  • Unit Building: 3C

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Choice
  • Middle School: Choice
  • High School: Salem High

Lot Info

  • Assessor Parcel Number: M:33 L:0464 S:819
  • Zoning: R3
  • Acre: 0.55
  • Lot Size: 24000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 7, 2020
Sold by
Shiloh Ft
Bought by
White David and White Karen
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Leonette Strout
Keller Williams Realty Evolution
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%
Current Estimated Value
$351,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,816
Avg. Annual Appreciation
7.07%
Original Mortgage
$189,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2018
Sold by
Shiloh Azriel
Bought by
Shiloh Ft 2018

Purchase Details

Listed on
Aug 3, 2017
Closed on
Sep 8, 2017
Sold by
Deforrest Sharon A
Bought by
Shiloh Azriel
Seller's Agent
Daniel Meegan
J. Barrett & Company
Buyer's Agent
Maggie Gibson
MerryFox Realty
List Price
$199,900
Sold Price
$210,000
Premium/Discount to List
$10,100
5.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$170,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Higby John P
Bought by
Deforrest Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2003
Sold by
Lafayette Llc
Bought by
Higby John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $252,000 None Available
Quit Claim Deed -- --
Not Resolvable $210,000 --
Deed $147,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,000 Purchase Money Mortgage
Closed $189,000 New Conventional
Previous Owner $170,000 New Conventional
Previous Owner $102,900 Purchase Money Mortgage
Previous Owner $148,000 No Value Available
Previous Owner $24,000 No Value Available
Previous Owner $169,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $295,000 -6.3% $442 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/14/2023 02/14/23 Price Changed $315,000 -3.1% $472 / Sq Ft
02/02/2023 02/02/23 For Sale $325,000 +29.0% $487 / Sq Ft
12/09/2020 12/09/20 Sold $252,000 +0.8% $377 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $249,900 +19.0% $374 / Sq Ft
09/01/2017 09/01/17 Sold $210,000 +5.1% $314 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $199,900 -- $299 / 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 $3,275 $288,800 $0 $288,800
2024 $3,243 $279,100 $0 $279,100
2023 $3,158 $252,400 $0 $252,400
2022 $2,866 $216,300 $0 $216,300
2021 $2,738 $198,400 $0 $198,400
2020 $2,753 $190,500 $0 $190,500
2019 $2,650 $175,500 $0 $175,500
2018 $2,259 $146,900 $0 $146,900
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

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Leonette Strout

    Keller Williams Realty Evolution

    (978) 376-4589

    4 in this area

    26 Total Sales

    Section Image
  • Jose Zambrano

    Buyer's Agent in 2023

    Jose Zambrano

    RE/MAX 360

    (781) 322-2622

    2 in this area

    148 Total Sales

    Section Image
  • Joyce Sullivan

    Seller's Agent in 2020

    Joyce Sullivan

    Keller Williams Realty Evolution

    (978) 852-5388

    5 in this area

    95 Total Sales

    Section Image
  • Daniel Meegan

    Seller's Agent in 2017

    Daniel Meegan

    J. Barrett & Company

    (617) 388-8500

    2 in this area

    73 Total Sales

    Section Image
  • Maggie Gibson

    Buyer's Agent in 2017

    Maggie Gibson

    MerryFox Realty

    (978) 852-1566

    3 in this area

    30 Total Sales

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72208032

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000819-000819

Massachusetts Essex County Salem 01970 South Salem

245 Lafayette St Unit 3C, Salem, MA

This home is located at 245 Lafayette St Unit 3C, Salem, MA 01970 and is currently priced at $210,000, approximately $314 per square foot. This property was built in 1971. 245 Lafayette St Unit 3C 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.

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