NOT LISTED FOR SALE

254 Lafayette St Unit 1R Salem, MA 01970

South Salem Neighborhood

Estimated Value: $449,000 - $578,000

2 Beds
1 Bath
1,113 Sq Ft
$425/mo HOA Fee

Last Sold April 12, 2024

Last sale price $540,000 $485 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,575/month

4 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Sun or Florida Room
  • Medical Services
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of April 2024

Charming sun drenched Queen Anne Victorian boasts coffered ceilings, original mahogany woodwork, stain glassed windows, gas fireplace, Central air conditioning, 2 car deeded parking spaces and in unit washer and dryer enhance this restored Victorian the original home of William H. Gove. The Commuter Train, Salem Ferry and Bus Lines are a short distance away. Welcome to vibrant Salem. Offers due Sunday February 4th. at 6:00pm

Last Agent to Sell the Property

Joshua Molk

John E. Murphy Listed on: 01/31/2024

Co-Listed By

Jeanette Molk

John E. Murphy

Last Buyer's Agent

Thomas Beauregard

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 1880

Lot Details

  • 0.39

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Blown Fiberglass Insulation
  • Shingle Roof

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Wainscoting
  • Stained Glass
  • Bay Window
  • Picture Window
  • French Doors
  • Living Room with Fireplace
  • Sun or Florida Room
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 4701403

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, reserve funds
  • 6 Units

Amenities

  • Medical Services
  • Shops
  • Community Storage Space

Recreation

  • Marina
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,914

Year Built

Built in 1880

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1880
  • Buyer Agency: 2
  • Entry Level: 1
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Hardwood, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Sun Room
  • Door Features: French Doors
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Area: 42
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Stained Glass
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Picture, Window(s) - Stained Glass, Wainscoting, Crown Molding
  • Basement: Y
  • Living Area: 1113
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: NB2812
  • LIST PRICE PER Sq Ft: 440.25
  • PRICE PER Sq Ft: 485.18
  • MAIN SO: C95098
  • Insulation: Fiberglass

Exterior Features

  • Exterior Features: Porch
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Hot Water, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 425.43
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Marina, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 1R
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds

Lot Info

  • Parcel Number: 4701403
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 183
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4914.06
  • Tax Book Number: 28121

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Mar 20, 2024
Sold by
White Jaclyn E
Bought by
Huang Chihchen
Seller's Agent
Joshua Molk
John E. Murphy
Buyer's Agent
Thomas Beauregard
Keller Williams Realty Evolution
List Price
$489,999
Sold Price
$540,000
Premium/Discount to List
$50,001
10.2%
Views
115
Current Estimated Value
$518,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,295
Avg. Annual Appreciation
-1.62%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Hodges Court Re Llc
Bought by
White Jaclyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Huang Chihchen $540,000 None Available
Huang Chihchen $540,000 None Available
White Jaclyn E $280,000 --
White Jaclyn E $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Jaclyn E $181,000
Previous Owner White Jaclyn E $200,000
Previous Owner White Jaclyn E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $540,000 +10.2% $485 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
01/31/2024 01/31/24 For Sale $489,999 -- $440 / 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 $4,922 $434,000 $0 $434,000
2024 $4,877 $419,700 $0 $419,700
2023 $4,786 $382,600 $0 $382,600
2022 $4,623 $348,900 $0 $348,900
2021 $4,714 $341,600 $0 $341,600
2020 $4,621 $319,800 $0 $319,800
2019 $4,532 $300,100 $0 $300,100
2018 $4,251 $276,400 $0 $276,400
2017 $4,273 $269,400 $0 $269,400
2016 $4,030 $257,200 $0 $257,200
2015 $4,119 $251,000 $0 $251,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Joshua Molk

    John E. Murphy

    (508) 864-0296

    1 in this area

    27 Total Sales

    Joshua Molk
    Section Image
  • Jeanette Molk

    Seller Co-Listing Agent in 2024

    Jeanette Molk

    John E. Murphy

    (978) 618-2904

    1 in this area

    25 Total Sales

    Jeanette Molk
    Section Image
  • Thomas Beauregard

    Buyer's Agent in 2024

    Thomas Beauregard

    Keller Williams Realty Evolution

    (781) 690-3837

    2 in this area

    32 Total Sales

    Thomas Beauregard
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73198091

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000341-000802-000802

Massachusetts Essex County Salem 01970 South Salem

254 Lafayette St Unit 1R, Salem, MA

This home is located at 254 Lafayette St Unit 1R, Salem, MA 01970 since 31 January 2024 and is currently estimated at $518,705, approximately $466 per square foot. This property was built in 1880. 254 Lafayette St Unit 1R 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.

MLS Property Information Network (MLS PIN) 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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