NOT LISTED FOR SALE

255 Lafayette St Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $456,000 - $487,000

2 Beds
2 Baths
1,060 Sq Ft
$444/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $340,000 $321 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,944/month

Highlights

  • Landscaped Professionally
  • Patio
  • Garden
  • Porch

About This Home

As of July 2021

This unit has beautiful architectural detail, high ceilings, hardwood floors, large windows, a working fireplace in the living room & GARAGE PARKING! Professionally cared for common areas both outside and in. Housed on the 1st floor of a Mansard Victorian built for a 19th century Salem Mayor, this two-bedroom apartment blends period details w/modern amenities. This unit features two spacious bedrooms, high ceilings, large windows, hardwood floors, a fireplace, and additional storage space. The recently added half bathroom adds a modern convenience that is unique to this unit in this development. Enjoy the benefits of the exclusive detached garage parking, a rarity for Salem. Located along the scenic Lafayette Street Historic District and in the sought-after & well-maintained Lafayette Court Condominiums, this unit is within minutes from Forest River Park, Salem State University, public transportation to Boston, restaurants, nightlife, & the many of Salem’s cultural sites

Last Agent to Rent the Property

Kevin Mccafferty

RyVal Homes Listed on: 06/16/2021

Last Renter's Agent

Kevin Mccafferty

RyVal Homes Listed on: 06/16/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,618

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Landscaped Professionally
  • Garden

Parking

  • 1 Car Garage

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Schools

  • Salem High School

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0467 S:801

Property Details

Property Type

Other

Est. Annual Taxes

$4,618

Year Built

Built in 1900

Lot Details

0

Parking

1

Rental Info

  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Date Available: 07/08/2021
  • Rent Fee Includes: Water, Refuse Removal, Snow Removal, Grounds Maintenance, Extra Storage, Garden Area, Laundry Facilities, Parking
  • Sec Deposit: 1100.00

Listing Details

  • Property Type: Residential Rental
  • Rental Type: Apartment
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 2.08
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1900

Interior Features

  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Vent Hood
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 15X15
  • Bedroom 2: On Level: First Floor, Dimension: 13X14
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Dimension: 15X10, V,K,2
  • Kitchen: On Level: First Floor, Dimension: 6X15, K,2,47
  • Laundry: On Level: Basement
  • Laundry Features: Common, In Building
  • Basement: Y
  • Main Lo: NB9147
  • Main So: NB9147
  • Estimated Sq Ft: 1060.00

Exterior Features

  • Beach Miles To: 3/10 to 1/2 Mile
  • Exterior Features: Porch, Patio, Gutters, Professional Landscaping, Garden Area

Garage/Parking

  • Garage Spaces: 1

Utilities

  • Heating: Gas, Hot Water Baseboard

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School, T-Station, University
  • Condo Association: Yes

Schools

  • Elementary School: Saltonstall
  • Middle School: Collins
  • High School: Salem

Lot Info

  • Parcel Number: M:33 L:0467 S:801

Tax Info

  • Assessor Parcel Number: 2135072

MLS Schools

  • Grade School: Saltonstall
  • High School: Salem
  • Middle School: Collins

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Mar 10, 2020
Sold by
Riveri Y Hornos Rt
Bought by
Santoro Todd A and Santoro Toni L
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Kevin Mccafferty
RyVal Homes
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$470,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,520
Avg. Annual Appreciation
6.12%
Original Mortgage
$255,000
Outstanding Balance
$226,324
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$244,196

Purchase Details

Closed on
Sep 2, 2014
Sold by
Hornos Belen R
Bought by
Rivero Y Hornos Rt and Hornos Belen R

Purchase Details

Listed on
Sep 24, 2013
Closed on
Mar 26, 2014
Sold by
Deschene Rosemary F
Bought by
Hornos Belen R
Seller's Agent
Lindsay Konos
Keller Williams Realty Evolution
Buyer's Agent
Chuck Carey
Coldwell Banker Realty - Marblehead
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$105,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1994
Sold by
Tina Joy V and Kasper Joy
Bought by
Deschene Rosemary and Deschene Edward
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
Santoro Todd A $340,000 None Available
Rivero Y Hornos Rt -- --
Hornos Belen R $175,000 --
Deschene Rosemary $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santoro Todd A $255,000
Previous Owner Hornos Belen R $105,000
Previous Owner Kasper Joy $123,000
Previous Owner Kasper Joy $121,000
Previous Owner Kasper Joy $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2021 07/15/21 Rented $2,300 +4.5% --
07/13/2021 07/13/21 Under Contract -- -- --
06/16/2021 06/16/21 For Rent $2,200 0.0% --
03/16/2020 03/16/20 Sold $340,000 -2.8% $321 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $349,900 0.0% $330 / Sq Ft
06/26/2018 06/26/18 Rented $2,050 0.0% --
06/19/2018 06/19/18 Under Contract -- -- --
05/17/2018 05/17/18 Price Changed $2,050 -4.7% $2 / Sq Ft
04/26/2018 04/26/18 For Rent $2,150 +19.4% --
05/31/2016 05/31/16 Rented $1,800 0.0% --
05/15/2016 05/15/16 Price Changed $1,800 +5.9% $2 / Sq Ft
03/26/2016 03/26/16 For Rent $1,700 0.0% --
03/26/2014 03/26/14 Sold $175,000 0.0% $165 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
01/21/2014 01/21/14 Off Market $175,000 -- --
12/08/2013 12/08/13 For Sale $189,900 +8.5% $179 / Sq Ft
10/26/2013 10/26/13 Off Market $175,000 -- --
09/24/2013 09/24/13 For Sale $189,900 -- $179 / 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 $4,618 $407,200 $0 $407,200
2024 $4,493 $386,700 $0 $386,700
2023 $4,457 $356,300 $0 $356,300
2022 $4,347 $328,100 $0 $328,100
2021 $4,491 $325,400 $0 $325,400
2020 $4,393 $304,000 $0 $304,000
2019 $4,060 $268,900 $0 $268,900
2018 $3,837 $249,500 $0 $249,500
2017 $2,983 $188,100 $0 $188,100
2016 $2,838 $181,100 $0 $181,100
2015 $3,179 $193,700 $0 $193,700
Source: Public Records

Agents Affiliated with this Home

  • Kevin Mccafferty

    Landlord's Agent in 2021

    Kevin Mccafferty

    RyVal Homes

    (978) 869-4584

    2 in this area

    56 Total Sales

    Kevin Mccafferty
    Section Image
  • Tyson Lynch

    Seller's Agent in 2020

    Tyson Lynch

    The Proper Nest Real Estate

    (781) 244-5208

    6 in this area

    70 Total Sales

    Tyson Lynch
    Section Image
  • Chuck Carey

    Seller's Agent in 2016

    Chuck Carey

    Coldwell Banker Realty - Marblehead

    (781) 631-9511

    12 Total Sales

    Chuck Carey
    Section Image

  • C

    Buyer's Agent in 2016

    Clare White Sullivan

    Coldwell Banker Realty - Beverly

    Section Image

  • L

    Seller's Agent in 2014

    Lindsay Konos

    Keller Williams Realty Evolution

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72850740

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000467-000801-000801

Massachusetts Essex County Salem 01970 South Salem

255 Lafayette St Unit 1, Salem, MA

This home is located at 255 Lafayette St Unit 1, Salem, MA 01970 since 16 June 2021 and is currently priced at $470,520. This property was built in 1900. 255 Lafayette St Unit 1 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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