245 Lafayette St Unit 3H Salem, MA 01970
South Salem Neighborhood
2
Beds
1
Bath
879
Sq Ft
0.55
Acres
About This Home
As of December 2015This top floor 2 bedroom condominium is conveniently located between town and Salem Sate University. The kitchen with new granite and new stainless steel appliances opens to the dining and living areas. Hard wood floors and a newly painted interior make this ready for you to move into. Besides the convenient location this unit has RARE TWO CAR PARKING close to front entry, and the elevator make this perfect for all ages.
Property Details
Home Type
Condominium
Est. Annual Taxes
$3,986
Year Built
1971
Lot Details
0
Listing Details
- Unit Level: 3
- Unit Placement: Top/Penthouse
- 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: No
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
- Flooring: Tile, Hardwood, Wood Laminate
- Bedroom 2: Third Floor
- Bathroom #1: Third Floor
- Kitchen: Third Floor
- Laundry Room: Third Floor
- Living Room: Third Floor
- Master Bedroom: Third Floor
- Master Bedroom Description: Flooring - Hardwood
- Dining Room: Third Floor
- No Bedrooms: 2
- Full Bathrooms: 1
- No Living Levels: 1
- Main Lo: C86500
- Main So: C95279
Exterior Features
- Construction: Frame, Brick, Stone/Concrete
- Exterior: Wood, Brick, Stucco
- Exterior Unit Features: Balcony
- Beach Ownership: Public
Garage/Parking
- Garage Parking: Deeded
- Parking: Off-Street, Deeded
- Parking Spaces: 2
Utilities
- Cooling Zones: 3
- Heat Zones: 1
- Utility Connections: for Electric Range
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: SESD
Condo/Co-op/Association
- HOA Fees: 237.00
- Condominium Name: Continental Condominiums
- Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Laundry Facilities, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Reserve Funds
- Association Security: Intercom
- Management: Professional - Off Site
- Pets Allowed: Yes w/ Restrictions
- No Units: 24
- Unit Building: 3H
Fee Information
- Fee Interval: Monthly
Schools
- Elementary School: First Choice
- Middle School: Collins
- High School: Salem
Lot Info
- Zoning: R3
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
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
8.35%
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
Similar Home in Salem, MA
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Not Resolvable | $195,000 | -- | |
| Deed | $160,000 | -- | |
| Deed | $200,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $146,250 | New Conventional | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $135,600 | No Value Available | |
| Previous Owner | $150,500 | Purchase Money Mortgage |
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 |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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
20 in this area
269 Total Sales
-
Seller's Agent in 2015
Terryanne St. Pierre
MerryFox Realty
(978) 580-9396
3 in this area
32 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71916371
APN: SALE-000033-000000-000464-000824-000824
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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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