254 Lafayette St Unit 2F Salem, MA 01970
South Salem Neighborhood
2
Beds
1
Bath
1,241
Sq Ft
$367/mo
HOA Fee
Highlights
- Medical Services
- Property is near public transit
- 1 Fireplace
- 0.39 Acre Lot
- Wood Flooring
- Tennis Courts
About This Home
As of May 2023Welcome to this Victorian home featuring an updated 2 bedroom condominium ready for its next owners to move right in! Walk in the front door to an oversized entry hall with room for mudroom set up. Newly updated large eat in kitchen with white cabinetry, ss appliances, quartz counters and large peninsula with bar seating. Hardwood floors throughout entire unit...two generously sized bedrooms (one inside turret!) with good closet space and an updated bath with timeless stained glass window. Laundry within unit, excess storage in the lower level of home, 2 off street deeded parking spots and an HOA that is pet friendly! This condo is conveniently located near all that you could need - commuter rail, shopping, dining and all of the amenities that downtown Salem has to offer!! Come live the good life in this wonderful condo!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,943
Year Built
- Built in 1880
HOA Fees
- $367 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,241 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Entryway
- Wood Flooring
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- Window Unit Cooling System
- Heating System Uses Natural Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:33 L:0341 S:803,4694577
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal
- 6 Units
- Mid-Rise Condominium
- Renaissance Condominium Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
Pet Policy
- Pets Allowed
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%
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
$46,974
Avg. Annual Appreciation
4.22%
Original Mortgage
$446,500
Outstanding Balance
$435,097
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$80,675
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
5.98%
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
Similar Homes in Salem, MA
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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 |
|---|---|---|---|
| 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 | Unknown | |
| 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 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 | $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
Agents Affiliated with this Home
-
Seller's Agent in 2023
Krissy Ventura
RE/MAX
(978) 808-4399
1 in this area
69 Total Sales
-
Buyer's Agent in 2023
Michelle Mineo
Coldwell Banker Realty - Beverly
(978) 471-9178
1 in this area
67 Total Sales
-
K
Seller's Agent in 2022
Kristen Barsanti
Chinatti Realty Group, Inc.
(617) 686-3463
3 in this area
46 Total Sales
-
Buyer's Agent in 2022
Brian Reardon
Five Mark Realty Group LLC
(978) 750-6275
2 in this area
14 Total Sales
-
Seller's Agent in 2021
David Cody
Orchard Park Realty
(617) 862-2040
15 Total Sales
-
Buyer's Agent in 2021
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
(617) 365-6316
2 in this area
25 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73087799
APN: SALE-000033-000000-000341-000803-000803
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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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