NOT LISTED FOR SALE

255 Lafayette St Unit 7 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $369,000 - $439,000

1 Bed
1 Bath
840 Sq Ft
$470/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $195,000 $232 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,548/month

About This Home

As of April 2015

Stunning one bedroom rental in fantastic Salem location. This unit features huge floor to ceiling windows, hardwood floors, high ceilings, on-site laundry facilities, & garage parking for one car. Easy commute to downtown Salem, Salem State University, ocean, and Forest River Park. No pets. Credit check & verification of income and references required. Prospective tenants to provide current credit report with application. First months rent ($1750) and security deposit ($1200) and half broker fee ($875) required upon lease signing. Unit can be delivered furnished or unfurnished.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2015
Closed on
Apr 30, 2015
Sold by
Lague Jessica
Bought by
Ribaya Maria D
Seller's Agent
Tyson Lynch
The Proper Nest Real Estate
Buyer's Agent
Ronn Huth
Buyers Choice Realty
List Price
$199,000
Sold Price
$195,000
Premium/Discount to List
-$4,000
-2.01%
Current Estimated Value
$395,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,126
Avg. Annual Appreciation
7.26%
Original Mortgage
$185,250
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2009
Sold by
Hamel Melinda A
Bought by
Lague Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.19%

Purchase Details

Closed on
Aug 29, 2005
Sold by
Mckee Pamela B
Bought by
Hamel Melinda A

Purchase Details

Closed on
Apr 26, 2005
Sold by
Grace Freddie G
Bought by
Mckee Pamela B

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sullivan Angela and Grace Nigel
Bought by
Grace Freddie G

Purchase Details

Closed on
Nov 30, 2004
Sold by
Legoff Florence O
Bought by
Grace Nigel J

Purchase Details

Closed on
Sep 30, 1997
Sold by
Stauffer Jane C and Cappuccio Jane C
Bought by
Legoff Florence O

Purchase Details

Closed on
Apr 28, 1989
Sold by
Gregory Nan J
Bought by
Cappuccio Jane C

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Ribaya Maria D $195,000 --
Lague Jessica $196,000 --
Hamel Melinda A $229,000 --
Mckee Pamela B $229,000 --
Grace Freddie G -- --
Grace Nigel J $212,500 --
Legoff Florence O $88,000 --
Cappuccio Jane C $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ribaya Maria D $150,000
Closed Ribaya Maria D $185,250
Previous Owner Cappuccio Jane C $36,816
Previous Owner Cappuccio Jane C $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2018 07/22/18 Rented $1,750 0.0% --
07/16/2018 07/16/18 Under Contract -- -- --
07/06/2018 07/06/18 For Rent $1,750 0.0% --
06/14/2018 06/14/18 Off Market $1,750 -- --
06/11/2018 06/11/18 For Rent $1,750 +9.4% --
06/05/2017 06/05/17 Rented $1,600 0.0% --
05/29/2017 05/29/17 Under Contract -- -- --
05/23/2017 05/23/17 Price Changed $1,600 -11.1% $2 / Sq Ft
05/15/2017 05/15/17 For Rent $1,800 0.0% --
04/30/2015 04/30/15 Sold $195,000 0.0% $232 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/25/2015 03/25/15 Off Market $195,000 -- --
03/12/2015 03/12/15 For Sale $199,000 0.0% $237 / Sq Ft
03/08/2014 03/08/14 Rented $1,300 0.0% --
03/08/2014 03/08/14 For Rent $1,300 +4.0% --
03/01/2013 03/01/13 Rented $1,250 0.0% --
01/30/2013 01/30/13 Under Contract -- -- --
01/25/2013 01/25/13 For Rent $1,250 +8.7% --
11/02/2012 11/02/12 Rented $1,150 0.0% --
10/03/2012 10/03/12 Under Contract -- -- --
10/01/2012 10/01/12 For Rent $1,150 -- --

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 $4,039 $356,200 $0 $356,200
2024 $3,932 $338,400 $0 $338,400
2023 $3,956 $316,200 $0 $316,200
2022 $3,852 $290,700 $0 $290,700
2021 $3,980 $288,400 $0 $288,400
2020 $3,890 $269,200 $0 $269,200
2019 $3,769 $249,600 $0 $249,600
2018 $3,562 $231,600 $0 $231,600
2017 $2,910 $183,500 $0 $183,500
2016 $2,769 $176,700 $0 $176,700
2015 $2,895 $176,400 $0 $176,400
Source: Public Records

Agents Affiliated with this Home

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