254 Lafayette St Unit 2F Salem, MA 01970
South Salem Neighborhood
2
Beds
1
Bath
1,241
Sq Ft
$238/mo
HOA Fee
Highlights
- Medical Services
- Property is near public transit
- Community Pool
- Waterfront
- Wood Flooring
- Tennis Courts
About This Home
As of May 2023Magnificent 2 bedroom Victorian with one bedroom in a turret! This sunny designer unit features an open floor plan, high ceilings, hardwood floors, gas fireplace, large granite/stainless kitchen, period windows (one stained glass!), in-unit laundry, gas heat and range, basement storage, shared yard and deeded parking for 2 cars. Convenient to Salem State University, commuter rail and ferry, beaches, walking/biking paths, parks, restaurants, shops, museums, North Shore Medical Center, and everything else that Salem has to offer! Pet friendly. Open house on SATURDAY, April 19, 11:30-1:00
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,913
Year Built
- Built in 1880
Lot Details
- Waterfront
- Two or More Common Walls
HOA Fees
- $238 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 1,241 Sq Ft Home
- 1-Story Property
- Bay Window
- Living Room with Fireplace
- Intercom
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- 1 Full Bathroom
- Bathtub
Laundry
- Laundry on upper level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- No Cooling
- 1 Heating Zone
- Heating System Uses Natural Gas
- Baseboard Heating
- 100 Amp Service
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 4701403
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
- 6 Units
- Renaissance Condominium Community
Amenities
- Medical Services
- Common Area
- Shops
- Community Storage Space
Recreation
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2023
Closed on
May 5, 2023
Sold by
Femino Nicole
Bought by
Olivier Richard and Olivier Donna
Seller's Agent
Krissy Ventura
RE/MAX Bentley's
Buyer's Agent
Michelle Mineo
Coldwell Banker Realty - Beverly
List Price
$460,000
Sold Price
$470,000
Premium/Discount to List
$10,000
2.17%
Total Days on Market
82
Views
90
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,505
Avg. Annual Appreciation
4.23%
Original Mortgage
$446,500
Outstanding Balance
$436,495
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$75,179
Purchase Details
Closed on
Dec 11, 2015
Sold by
Balentine John M
Bought by
John M Balentine T
Purchase Details
Listed on
Mar 10, 2014
Closed on
Jun 20, 2014
Sold by
Dupell Janet
Bought by
Balentine John M
Seller's Agent
Jill Jorgenson
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Matthew Hanson
StartPoint Realty
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$243,000
Interest Rate
4.21%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 29, 2011
Closed on
May 4, 2012
Sold by
Smarsh Bonnie J and Hungler Joseph C
Bought by
Dupell Janet
Seller's Agent
Paul Herrick
Herrick Lutts Realty Partners
Buyer's Agent
Jill Jorgenson
Coldwell Banker Realty - Lynnfield
List Price
$269,900
Sold Price
$253,000
Premium/Discount to List
-$16,900
-6.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%
Original Mortgage
$202,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 17, 2009
Sold by
Hodges Court Re Llc
Bought by
Smarsh Bonnie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Map
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $470,000 | None Available | |
| Deed | -- | -- | |
| Deed | $270,000 | -- | |
| Deed | $253,000 | -- | |
| Deed | $257,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,500 | Purchase Money Mortgage | |
| Previous Owner | $348,000 | Purchase Money Mortgage | |
| Previous Owner | $330,000 | New Conventional | |
| Previous Owner | $212,250 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $243,000 | New Conventional | |
| Previous Owner | $202,000 | New Conventional | |
| Previous Owner | $205,600 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2023 05/08/23 | Sold | $470,000 | +2.2% | $379 / Sq Ft |
| 03/19/2023 03/19/23 | Pending | -- | -- | -- |
| 03/15/2023 03/15/23 | For Sale | $460,000 | +5.7% | $371 / Sq Ft |
| 06/01/2022 06/01/22 | Sold | $435,000 | +9.0% | $351 / Sq Ft |
| 04/26/2022 04/26/22 | Pending | -- | -- | -- |
| 04/21/2022 04/21/22 | For Sale | $399,000 | 0.0% | $322 / Sq Ft |
| 06/04/2021 06/04/21 | Rented | $2,500 | 0.0% | -- |
| 06/01/2021 06/01/21 | Under Contract | -- | -- | -- |
| 05/23/2021 05/23/21 | For Rent | $2,500 | 0.0% | -- |
| 11/23/2020 11/23/20 | Sold | $370,000 | 0.0% | $298 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 10/01/2020 10/01/20 | Price Changed | $369,900 | 0.0% | $298 / Sq Ft |
| 09/16/2020 09/16/20 | For Sale | $370,000 | +37.0% | $298 / Sq Ft |
| 06/20/2014 06/20/14 | Sold | $270,000 | 0.0% | $218 / Sq Ft |
| 05/31/2014 05/31/14 | Pending | -- | -- | -- |
| 05/13/2014 05/13/14 | Off Market | $270,000 | -- | -- |
| 04/10/2014 04/10/14 | For Sale | $279,900 | +3.7% | $226 / Sq Ft |
| 03/25/2014 03/25/14 | Off Market | $270,000 | -- | -- |
| 03/19/2014 03/19/14 | Price Changed | $279,900 | -1.8% | $226 / Sq Ft |
| 03/10/2014 03/10/14 | For Sale | $284,900 | +12.6% | $230 / Sq Ft |
| 05/04/2012 05/04/12 | Sold | $253,000 | -2.7% | $204 / Sq Ft |
| 04/05/2012 04/05/12 | Pending | -- | -- | -- |
| 03/21/2012 03/21/12 | Price Changed | $259,950 | -1.9% | $209 / Sq Ft |
| 02/23/2012 02/23/12 | Price Changed | $264,900 | -1.9% | $213 / Sq Ft |
| 12/29/2011 12/29/11 | For Sale | $269,900 | -- | $217 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $5,115 | $451,100 | $0 | $451,100 |
| 2024 | $5,073 | $436,600 | $0 | $436,600 |
| 2023 | $4,943 | $395,100 | $0 | $395,100 |
| 2022 | $4,753 | $358,700 | $0 | $358,700 |
| 2021 | $4,847 | $351,200 | $0 | $351,200 |
| 2020 | $4,745 | $328,400 | $0 | $328,400 |
| 2019 | $4,648 | $307,800 | $0 | $307,800 |
| 2018 | $4,217 | $274,200 | $0 | $274,200 |
| 2017 | $4,239 | $267,300 | $0 | $267,300 |
| 2016 | $3,997 | $255,100 | $0 | $255,100 |
| 2015 | $4,086 | $249,000 | $0 | $249,000 |
Source: Public Records
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71642732
APN: SALE-000033-000000-000341-000803-000803
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