NOT LISTED FOR SALE

245 Lafayette St Unit 3H Salem, MA 01970

South Salem Neighborhood

Estimated Value: $368,000 - $426,000

2 Beds
1 Bath
1,000 Sq Ft
$399/Sq Ft Est. Value

Last Sold December 17, 2015

Last sale price $195,000 $195 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,564/month

About This Home

As of December 2015

This sunny Penthouse unit at 245 Lafayette Street has been freshly renovated and features hardwood floors, crown molding, granite kitchen with new stainless steel appliances, new bath, designer lights,private veranda, elevator and 2 deeded parking spaces. Walk to transportation, Salem State University, museums, shopping and night life. No smoking, no pets.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2017
Sold by
Merry Betsy
Bought by
Merrymakers Rt
Current Estimated Value
$398,748

Purchase Details

Listed on
Dec 28, 2015
Closed on
Dec 17, 2015
Sold by
Young Raymond L
Bought by
Merry Betsy
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
Sold Price
$1,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$146,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Georgakakis Nikos
Bought by
Young Raymond L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Lafayette Llc
Bought by
Georgakakis Nikos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Merrymakers Rt -- --
Merry Betsy $195,000 --
Young Raymond L $160,000 --
Georgakakis Nikos $200,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merry Betsy $146,250
Previous Owner Georgakakis Nikos $120,000
Previous Owner Georgakakis Nikos $135,600
Previous Owner Georgakakis Nikos $150,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Rented $1,750 0.0% --
08/01/2016 08/01/16 For Rent $1,750 0.0% --
01/19/2016 01/19/16 Rented $1,750 +6.1% --
01/03/2016 01/03/16 Price Changed $1,650 -5.7% $2 / Sq Ft
12/28/2015 12/28/15 For Rent $1,750 0.0% --
12/17/2015 12/17/15 Sold $195,000 -2.5% $222 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
11/09/2015 11/09/15 Price Changed $199,900 -7.0% $227 / Sq Ft
10/08/2015 10/08/15 For Sale $214,900 -- $244 / Sq Ft

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 $3,986 $351,500 $0 $351,500
2024 $3,960 $340,800 $0 $340,800
2023 $3,843 $307,200 $0 $307,200
2022 $3,477 $262,400 $0 $262,400
2021 $3,373 $244,400 $0 $244,400
2020 $3,386 $234,300 $0 $234,300
2019 $3,256 $215,600 $0 $215,600
2018 $2,830 $184,000 $0 $184,000
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

  • M

    Seller's Agent in 2016

    Merry Fox Team

    MerryFox Realty

    23 in this area

    281 Total Sales

    Merry Fox Team
    Section Image
  • Terryanne St. Pierre

    Seller's Agent in 2015

    Terryanne St. Pierre

    MerryFox Realty

    (978) 580-9396

    3 in this area

    31 Total Sales

    Terryanne St. Pierre
    Section Image
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Map

Massachusetts Essex County Salem 01970 South Salem

245 Lafayette St Unit 3H, Salem, MA

Homes for Sale in Salem, MA

This home is located at 245 Lafayette St Unit 3H, Salem, MA 01970 and is currently estimated at $398,748, approximately $398 per square foot. 245 Lafayette St Unit 3H 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.

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