NOT LISTED FOR SALE

255 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $376,000 - $467,000

1 Bed
1 Bath
850 Sq Ft
$277/mo HOA Fee

Last Sold May 18, 2022

Last sale price $360,000 $424 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,870/month

8 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of May 2022

OPEN HOUSE Saturday April 9th & Sunday April 10th from 11 - 1. Come see this amazing Victorian Mansard! Immaculate first floor rear corner unit. Quiet & private w/amazing woodwork & architectural detail throughout this beautiful condo. Well-run owner association that clearly prides itself on impeccable maintenance! Gorgeous hardwood floors flow throughout this single level unit, dramatic high ceilings, large oversized windows allow tons of natural light to fill every room. BRAND NEW custom kitchen, Cherry cabinets, GE induction stove, Bosch speed over, quartz countertops, porcelain tile backsplash, lighting & hood! Oversized living room, great for entertaining! Deeded garage w/electricity & remote door, complimentary laundry use, lush landscaping. Just a stone’s throw to Downtown Salem & all it has to offer all while being just a few blocks away from the Salem harbor, Newly Renovated Forest River Park, & SSC. Own a piece of history, the 10th mayor of Salem owned & lived here!

Last Agent to Sell the Property

Kevin Mccafferty

RyVal Homes Listed on: 04/04/2022

Last Buyer's Agent

Sima Rotenberg

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,907

Year Built

  • Built in 1900

Lot Details

  • Waterfront
  • Landscaped Professionally

HOA Fees

  • $277 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Slate Roof
  • Stone

Interior Spaces

  • 850 Sq Ft Home
  • 3-Story Property
  • Entrance Foyer
  • Home Office
  • Laundry in Basement

Kitchen

  • Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0467 S:803,2135070

Community Details

Overview

  • Association fees include sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 11 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,907

Year Built

Built in 1900

Lot Details

0

HOA Fees

$277 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Office, Foyer
  • Entry Location: Unit Placement(Back,Ground,Walkout)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,ENERGY STAR Qualified Refrigerator,Range Hood,Cooktop,Oven - ENERGY STAR, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 166.38
  • Master Bathroom Features: No
  • Bathroom 1 Area: 43.05
  • Bathroom 1 Level: First
  • Room Kitchen Level: First
  • Room Kitchen Area: 95.2
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Area: 297.003999
  • Room Office Level: First
  • Room Office Area: 43.4
  • Living Area: 850
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: NB9147
  • LIST PRICE PER Sq Ft: 411.65
  • PRICE PER Sq Ft: 423.53
  • MAIN SO: AN4305

Exterior Features

  • Exterior Features: Professional Landscaping
  • Common Walls: Corner
  • Construction Materials: Frame, Stone
  • Patio And Porch Features: Covered
  • Roof: Slate
  • Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Deeded, Off Street, Driveway, Paved

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Window Unit(s)
  • Heating: Steam, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage
  • Association Fee: 277
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Public School, T-Station, University
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: M:33 L:0467 S:803,2135070
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 130

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3907
  • Tax Book Number: 35907

Multi Family

  • Number Of Units Total: 11
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
May 31, 2017
Sold by
Buckley Christine M
Bought by
Scholten Robert D and Merchant Ali A
Seller's Agent
Gail Tyrrell
Churchill Properties
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$424,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,803
Avg. Annual Appreciation
5.89%
Original Mortgage
$195,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Buckley Mary T and Forward Maura T
Bought by
Buckley Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Ciesinski Wanda M Est
Bought by
Buckley Mary T and Forward Maura T
Source: Public Records

Range of Values:

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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
Scholten Robert D $260,000 --
Buckley Christine M $220,000 --
Buckley Mary T $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zappulla Elizabeth M $324,000
Closed Merchant Ali A $188,000
Closed Scholten Robert D $195,000
Previous Owner Buckley Mary T $135,000
Previous Owner Buckley Mary T $165,131
Previous Owner Buckley Mary T $176,000
Previous Owner Buckley Mary T $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2022 05/18/22 Sold $360,000 +2.9% $424 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $349,900 +34.6% $412 / Sq Ft
05/31/2017 05/31/17 Sold $260,000 0.0% $306 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/31/2017 03/31/17 Price Changed $259,900 -3.7% $306 / Sq Ft
01/22/2017 01/22/17 For Sale $269,900 -- $318 / 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 $4,182 $368,800 $0 $368,800
2024 $4,066 $349,900 $0 $349,900
2023 $4,046 $323,400 $0 $323,400
2022 $3,907 $294,900 $0 $294,900
2021 $4,037 $292,500 $0 $292,500
2020 $3,946 $273,100 $0 $273,100
2019 $3,823 $253,200 $0 $253,200
2018 $3,614 $235,000 $0 $235,000
2017 $2,955 $186,300 $0 $186,300
2016 $2,811 $179,400 $0 $179,400
2015 $2,941 $179,200 $0 $179,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72961552

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000467-000803-000803