$260,000
SOLD MAY 31, 2017

255 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood
1 Bed
1 Bath
850 Sq Ft
1900 Built

Recently Sold

$306 Per Sq Ft

4% Below List Price

82 Days on Market

About This Home

As of May 2022

Elegant first floor (REAR) one bedroom condo with ARCHITECUTAL detail and charm. Built in the 1800s, the tenth mayor of Salem owned and lived at this property. Gorgeous hardwood floors and high ceilings. Large windows allow a lot of natural light to come in. Spacious living room with dining area. Recently updated bathroom is a must see with natural QUARTZITE countertop and tumbled MARBLE floor. NEW countertops, sink and faucet in kitchen with eat-in area. NEW hot water heater. Plenty of closets with own storage unit in basement. 1-CAR GARAGE!! Walk to Forest River Park, the Train "T", downtown shops and restaurants, and Salem State University. Beautiful Common Porch/Portico in between the buildings. Loads of PRIDE of ownership in this elegant Condo Community.

Last Agent to Sell the Property

Gail Tyrrell

Churchill Properties Listed on: 01/22/2017

Last Buyer's Agent

Mark Wade

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,182

Year Built

1900

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street, End, Middle, Corner, Back
  • Property Type: Condominium/Co-Op
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1900

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Yes
  • Number of Rooms: 3
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Wood
  • No Living Levels: 3

Exterior Features

  • Roof: Slate
  • Construction: Frame
  • Exterior: Wood
  • Beach Ownership: Public

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 0

Utilities

  • Heating: Steam, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: LAFAYETTE COURT CONDIMINIUM
  • Association Fee Includes: Water, Sewer, Master Insurance, Laundry Facilities, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal
  • Association Security: Other (See Remarks)
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 11
  • Unit Building: 3

Lot Info

  • Assessor Parcel Number: M:33 L:0467 S:803
  • Zoning: res

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
$410,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,532
Avg. Annual Appreciation
6.00%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $260,000 --
Deed $220,000 --
Deed $109,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 Purchase Money Mortgage
Closed $188,000 Stand Alone Refi Refinance Of Original Loan
Closed $195,000 New Conventional
Previous Owner $135,000 No Value Available
Previous Owner $165,131 No Value Available
Previous Owner $176,000 Purchase Money Mortgage
Previous Owner $33,000 No Value Available
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: 72111138

MLS Property Information Network (MLS PIN)

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