NOT LISTED FOR SALE

245 Lafayette St Unit 3E Salem, MA 01970

South Salem Neighborhood

Estimated Value: $406,000 - $423,000

2 Beds
1 Bath
881 Sq Ft
$237/mo HOA Fee

Last Sold February 28, 2019

Last sale price $269,000 $305 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,867/month

9 Days on Market

About This Home

As of February 2019

Ok, So This Is The One You Were Holding Out For...Stunning Views From This Top Floor Corner Penthouse Home Overlooking The Heart Of Beautiful Salem! Easy Living And Walking Distance To Some Wonderful Restaurants, Shopping, Salem State College, Train Depot And...Just Down The Road A Piece To Take In Some Gorgeous Harbor Views! Salem Is The Place To Call Home. Situated Nicely, This Corner Unit Features Amazing Views Of Salem From The Brand New Slider. Bright & Drenched In Sunshine,This 2 Bedroom Home Offers Luxurious Living At It's Best And...At A Very Affordable Price Tag - Tremendous Opportunity Whether You're Buying This Home To Live In Or Perhaps An Investment Opportunity - This One Is Sure To Please - Along With A Low Condo Fee - Makes This Home A Keeper! Professionally Managed, Deeded Off Street Parking, Elevator, All Appliances Included Along With Washer & Dryer Combo - Plus An Additional Storage Space - Come See!! Seller is a licensed real estate agent in the state of NH.

Last Listed By

Kevin Gettings

Keller Williams Gateway Realty Listed on: 01/08/2019

Keller Williams Gateway Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,081

Year Built

  • Built in 1971

Lot Details

  • 0.55

HOA Fees

  • $237 per month

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Washer and Dryer
  • Year Round Access

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0464 S:821

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,081

Year Built

Built in 1971

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, High-Rise
  • Other Agent: 2.00
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 305.33
  • Comp Based On: Net Sale Price
  • Year Built: 1971
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3E
  • Unit Level: 3
  • Unit Placement: Upper, Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Hardwood
  • Appliances: Range, Dishwasher, Refrigerator, Washer / Dryer Combo
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Closet - Walk-in
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full
  • No Rooms: 5
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Living Room: On Level: First Floor
  • No Living Levels: 3
  • Main Lo: BB4909
  • Main So: BB9036
  • Estimated Sq Ft: 881.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC
  • Heating: Hot Water Baseboard, Oil
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Public School
  • HOA Fees: 237.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds
  • Condo Association: Yes

Lot Info

  • Assessments: 184100.00
  • Acre: 0.55
  • Lot Size: 24000.00
  • Page: 450
  • Parcel Number: M:33 L:0464 S:821
  • Zoning: R3

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2831.00
  • Assessor Parcel Number: 4359443

Multi Family

  • No Units: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Feb 28, 2019
Sold by
Bunnell Mark D
Bought by
Briggs Barbara
Seller's Agent
Kevin Gettings
Keller Williams Gateway Realty
Buyer's Agent
Kelly Hiraldo
BLC Real Estate, LLC
List Price
$269,000
Sold Price
$269,000
Total Days on Market
9
Current Estimated Value
$411,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,088
Avg. Annual Appreciation
6.88%
Original Mortgage
$139,000
Outstanding Balance
$123,674
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$283,532

Range of Values:

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Average Value
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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
Briggs Barbara $269,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briggs Barbara $139,000
Previous Owner Bunnell Mark D $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $269,000 0.0% $305 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $269,000 -- $305 / 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 $4,081 $359,900 $0 $359,900
2024 $4,051 $348,600 $0 $348,600
2023 $3,899 $311,700 $0 $311,700
2022 $3,528 $266,300 $0 $266,300
2021 $3,424 $248,100 $0 $248,100
2020 $3,438 $237,900 $0 $237,900
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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72438448

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000821-000821