RENTED OCT 1, 2025

25 Lafayette Place Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $645,000 - $902,000

3 Beds
1 Bath
1,005 Sq Ft
$762/Sq Ft Est. Value

Highlights

  • Custom Closet System
  • Wood Flooring
  • Sun or Florida Room
  • Property is near public transit
  • 1 Fireplace
  • No HOA

About This Home

As of October 2025

Spacious, three Bedroom (1st Floor) seven total room apartment. Handsome hardwood floors, Period trim and details. Updated kitchen with stainless-steel appliances and Cherry cabinets. Located in a quiet family neighborhood near Salem Harbor and Forest River park. Off street parking and one garage space. Heat is included and laundry available in the basement. Near Downtown Salem, SSU and Bus service.

Last Agent to Rent the Property

Douglas Desrocher

Desrocher Real Estate Listed on: 09/04/2025

Last Renter's Agent

Douglas Desrocher

Desrocher Real Estate Listed on: 09/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,606

Year Built

  • Built in 1915

Lot Details

  • 4,000

Parking

  • 1 Car Garage

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Chair Railings
  • Light Fixtures
  • 1 Fireplace
  • Sun or Florida Room
  • Laundry in Basement
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Stainless Steel Appliances

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Custom Closet System
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil

Additional Features

  • 4,000 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,750
  • Property Available on 10/15/25
  • Rent includes heat
  • 12 Month Lease Term
  • Assessor Parcel Number 2135119

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,606

Year Built

Built in 1915

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-10-15
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2750

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1915
  • Entry Level: 1
  • Year Built Details: Approximate
  • Year Round: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Sun Room, Single Living Level
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Level: First
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Chair Rail, Lighting - Overhead
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Stainless Steel Appliances, Lighting - Overhead
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood
  • Above Grade Finished Sq Ft: 1005
  • Living Area: 1005
  • Spa YN: No
  • MAIN LO: C27000
  • MAIN SO: C27000

Exterior Features

  • Exterior Features: Porch, Patio
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Waterfront Features: 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 1

Utilities

  • Heating: Oil
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Park, Walk/Jog Trails
  • Rent Includes: Heat
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2135119
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4000
  • Lot Size Units: Acres
  • Property Attached YN: Yes

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 1993
Sold by
Collins Ann R and Collins John
Bought by
Gomez Nelson A
Current Estimated Value
$766,059

Purchase Details

Closed on
Jun 30, 1987
Sold by
Dickson Neil A
Bought by
Collins Ann R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gomez Nelson A $158,000 --
Collins Ann R $234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Ann R $109,000
Closed Collins Ann R $123,000
Closed Collins Ann R $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Rented $2,750 0.0% --
09/04/2025 09/04/25 For Rent $2,750 +5.8% --
04/25/2023 04/25/23 Rented $2,600 0.0% --
04/14/2023 04/14/23 Under Contract -- -- --
03/27/2023 03/27/23 For Rent $2,600 -7.1% --
03/01/2022 03/01/22 Rented -- -- --
02/14/2022 02/14/22 Under Contract -- -- --
12/22/2021 12/22/21 For Rent $2,800 -- --
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 $7,606 $670,700 $252,500 $418,200
2024 $7,224 $621,700 $234,500 $387,200
2023 $7,004 $559,900 $216,500 $343,400
2022 $7,121 $537,400 $204,400 $333,000
2021 $6,962 $504,500 $204,400 $300,100
2020 $7,005 $484,800 $204,400 $280,400
2019 $7,003 $463,800 $198,400 $265,400
2018 $6,535 $424,900 $189,400 $235,500
2017 $6,217 $392,000 $171,400 $220,600
2016 $6,143 $392,000 $171,400 $220,600
2015 $5,981 $364,500 $159,300 $205,200
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2025

    Douglas Desrocher

    Desrocher Real Estate

    (978) 764-4167

    4 in this area

    20 Total Sales

    Douglas Desrocher
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73426236

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000505

Massachusetts Essex County Salem 01970 South Salem

25 Lafayette Place Unit 1, Salem, MA

Not Listed for Sale

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