NOT LISTED FOR SALE

254 Lafayette St Unit 1F Salem, MA 01970

South Salem Neighborhood

Estimated Value: $551,000 - $613,000

2 Beds
1 Bath
1,145 Sq Ft
0.39 Acres

Last Sold June 30, 2016

Last sale price $289,900 $253 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,667/month

14 Days on Market

About This Home

As of June 2016

Charming condo at the 254 Lafayette Street Renaissance. The Queen Anne style building was renovated in 2007 and has retained many original architectural details. This two bedroom unit features an open floor plan and a private rooftop deck. The granite and stainless kitchen is fully applianced with center island, vaulted ceiling and skylights . There is a 20 foot ceiling in the dining room with walls of custom shelving and could easily function nicely as a library. Recessed lighting,two deeded parking spaces, deeded storage and professionally landscaped common area complete the picture in this well located residence.

Last Listed By

Donna Cohan

Sagan Harborside Sotheby's International Realty License #454000921 Listed on: 05/16/2016

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,731

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Upper, Corner, Front
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Storm Windows, Storm Doors
  • Flooring: Hardwood
  • Interior Amenities: Cable Available
  • Bedroom 2: Third Floor, 11X13
  • Kitchen: Third Floor, 7X12
  • Living Room: Third Floor, 18X11
  • Master Bedroom: Third Floor, 11X13
  • Master Bedroom Description: Closet - Walk-in, Closet, Flooring - Hardwood, Main Level
  • Dining Room: Third Floor, 10X10
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Unit Features: Deck - Roof + Access Rights, Garden Area, Sprinkler System
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Deeded
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heating: Central Heat, Gas, Hot Water Baseboard
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: Essex

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Extra Storage, Garden Area, Reserve Funds
  • Association Security: Intercom
  • Management: Professional - Off Site, Owner Association
  • Pets Allowed: Yes
  • No Units: 6
  • Unit Building: 3F

Fee Information

  • Fee Interval: Monthly

Lot Info

  • Zoning: R3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2012
Closed on
Jun 1, 2012
Sold by
Wixted Michael W
Bought by
Walker Walter W
Seller's Agent
D'Amico Sales Team
Century 21 North East
Buyer's Agent
Tyson Lynch
The Proper Nest Real Estate
List Price
$289,900
Sold Price
$278,000
Premium/Discount to List
-$11,900
-4.1%
Total Days on Market
14
Current Estimated Value
$569,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,724
Avg. Annual Appreciation
5.68%
Original Mortgage
$233,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Hodges Court Re Llc
Bought by
Wixted Michael W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Walker Walter W $278,000 --
Wixted Michael W $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Walter W $200,000
Closed Walker Walter W $238,000
Closed Walker Walter W $100,000
Closed Walker Walter W $215,000
Closed Wixted Michael W $233,000
Previous Owner Wixted Michael W $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $289,900 0.0% $253 / Sq Ft
05/30/2016 05/30/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $289,900 +4.3% $253 / Sq Ft
06/01/2012 06/01/12 Sold $278,000 -4.1% $205 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $289,900 -- $214 / 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 $5,731 $505,400 $0 $505,400
2024 $5,638 $485,200 $0 $485,200
2023 $5,488 $438,700 $0 $438,700
2022 $5,317 $401,300 $0 $401,300
2021 $5,422 $392,900 $0 $392,900
2020 $5,102 $353,100 $0 $353,100
2019 $5,003 $331,300 $0 $331,300
2018 $4,808 $312,600 $0 $312,600
2017 $4,836 $304,900 $0 $304,900
2016 $4,562 $291,100 $0 $291,100
2015 $4,662 $284,100 $0 $284,100
Source: Public Records

Agents Affiliated with this Home

  • Donna Cohan

    Seller's Agent in 2016

    Donna Cohan

    Sagan Harborside Sotheby's International Realty

    Section Image
  • Shari McStay

    Buyer's Agent in 2016

    Shari McStay

    Keller Williams Realty Evolution

    (978) 590-9190

    3 in this area

    152 Total Sales

    Shari McStay
    Section Image

  • D

    Seller's Agent in 2012

    D'Amico Sales Team

    Century 21 North East

  • A

    Seller Co-Listing Agent in 2012

    Adrienne Okeefe

    Century 21 North East

    (617) 331-1732

    5 Total Sales

    Adrienne Okeefe
    Section Image
  • Tyson Lynch

    Buyer's Agent in 2012

    Tyson Lynch

    The Proper Nest Real Estate

    (781) 244-5208

    5 in this area

    75 Total Sales

    Tyson Lynch
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72006735

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000341-000801-000801

Massachusetts Essex County Salem 01970 South Salem

254 Lafayette St Unit 1F, Salem, MA

Homes for Sale in Salem, MA

This home is located at 254 Lafayette St Unit 1F, Salem, MA 01970 since 16 May 2016 and is currently estimated at $569,724, approximately $497 per square foot. This property was built in 1880. 254 Lafayette St Unit 1F is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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