NOT LISTED FOR SALE

254 Lafayette St Unit 3R Salem, MA 01970

South Salem Neighborhood

Estimated Value: $453,000 - $509,000

2 Beds
1 Bath
1,014 Sq Ft
0.39 Acres

Last Sold March 27, 2014

Last sale price $262,000 $258 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,061/month

29 Days on Market

About This Home

As of March 2014

A wise man once said "To live in a house with a Turret is to live a charmed life" (or something like that). Regardless of the quote, you can live a charmed life in this Queen Anne Style Victorian condo featuring beautiful details inside in out. Enjoy the privacy of Penthouse living with no adjoining walls to other units and obviously no-one making noise above you. Light and airiness define the feel of this oasis in the sky, with each room featuring a different architectural focal point. 2 car parking, private deck, hard wood floors, walk-in closet, in-unit laundry.....the list goes on and on.

Last Listed By

Merry Fox Team

MerryFox Realty Listed on: 01/22/2014

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,689

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 3
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 5
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Wood
  • Insulation: Full
  • Bedroom 2: Third Floor
  • Bathroom #1: Third Floor
  • Kitchen: Third Floor
  • Laundry Room: Third Floor
  • Living Room: Third Floor
  • Master Bedroom: Third Floor
  • Dining Room: Third Floor

Exterior Features

  • Construction: Frame
  • Exterior Unit Features: Deck

Garage/Parking

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

Utilities

  • Heat Zones: 1

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Management: Professional - Off Site
  • No Units: 6
  • Unit Building: 3R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2014
Closed on
Mar 27, 2014
Sold by
Bailey Joseph
Bought by
Bowker Barbara
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
James Vipperman
Coldwell Banker Realty - Marblehead
List Price
$269,000
Sold Price
$262,000
Premium/Discount to List
-$7,000
-2.6%
Total Days on Market
29
Current Estimated Value
$476,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,934
Avg. Annual Appreciation
5.27%
Original Mortgage
$195,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Hodges Court Re Llc
Bought by
Bailey Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
5.75%
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
Bowker Barbara $262,000 --
Bowker Barbara $262,000 --
Bailey Joseph $255,000 --
Bailey Joseph $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chester Jeannine N $441,750
Closed Chester Jeannine N $441,750
Closed Bowker Barbara $195,000
Previous Owner Bailey Joseph $228,300
Previous Owner Bailey Joseph $242,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2014 03/27/14 Sold $262,000 0.0% $258 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/05/2014 02/05/14 Off Market $262,000 -- --
01/22/2014 01/22/14 For Sale $269,000 -- $265 / 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 $4,689 $413,500 $0 $413,500
2024 $4,653 $400,400 $0 $400,400
2023 $4,525 $361,700 $0 $361,700
2022 $4,367 $329,600 $0 $329,600
2021 $4,452 $322,600 $0 $322,600
2020 $4,362 $301,900 $0 $301,900
2019 $4,273 $283,000 $0 $283,000
2018 $4,154 $270,100 $0 $270,100
2017 $4,178 $263,400 $0 $263,400
2016 $3,941 $251,500 $0 $251,500
2015 $4,029 $245,500 $0 $245,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Merry Fox Team

    MerryFox Realty

    23 in this area

    281 Total Sales

    Merry Fox Team
    Section Image

  • J

    Buyer's Agent in 2014

    James Vipperman

    Coldwell Banker Realty - Marblehead

    (781) 476-0760

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71625155

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000341-000806-000806

Massachusetts Essex County Salem 01970 South Salem

254 Lafayette St Unit 3R, Salem, MA

Homes for Sale in Salem, MA

This home is located at 254 Lafayette St Unit 3R, Salem, MA 01970 since 22 January 2014 and is currently estimated at $476,934, approximately $470 per square foot. This property was built in 1880. 254 Lafayette St Unit 3R is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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