260 Lafayette St Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $604,000 - $669,000
3
Beds
2
Baths
1,978
Sq Ft
$540/mo
HOA Fee
Highlights
- Marina
- Medical Services
- Wood Flooring
- Golf Course Community
- Property is near public transit
- Tennis Courts
About This Home
As of September 2023This stunning property seamlessly blends the charm of history with modern amenities all while offering convenient access to Salem's rich cultural heritage, shops, restaurants, beaches and University. As you step into Unit 1, you'll immediately be captivated by the unique character and timeless appeal that emanates throughout. The historical elements, such as original fire place, intricate woodwork and elegant crown molding, pay homage to the area's rich past, creating a warm and inviting ambiance. The oversized living room is complimented by a connected wet bar and a dining room with ornate original windows making it perfect for entertaining. A large eat-in kitchen is a chef's dream with loads of storage and counter space. The primary bedroom is a tranquil retreat with a newly appointed en-suite bath, walk-in closet and reading nook. Rounding out this unit are two additional bedrooms, another full bath, in-unit laundry, central AC and 2 parking spots. Move right in and call Salem home!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,833
Year Built
- Built in 1851 | Remodeled
HOA Fees
- $540 Monthly HOA Fees
Home Design
- Garden Home
- Shingle Roof
Interior Spaces
- 1,978 Sq Ft Home
- 1-Story Property
- Wet Bar
- Beamed Ceilings
- Recessed Lighting
- Living Room with Fireplace
- Dining Area
- Basement
- Exterior Basement Entry
Kitchen
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
Outdoor Features
- Patio
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- 1 Cooling Zone
- 1 Heating Zone
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:33 L:0339 S:811,2134917
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
- 16 Units
Amenities
- Medical Services
- Common Area
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2012
Sold by
Barton James and Barton Jay M
Bought by
Palermo Jay M
Total Days on Market
3
Current Estimated Value
Purchase Details
Closed on
Sep 10, 2009
Sold by
Benson Gayle S
Bought by
Barton James
Purchase Details
Closed on
Jul 2, 2004
Sold by
Dw Rt and Weisberg
Bought by
Benson Gayle S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.3%
Purchase Details
Closed on
Jul 16, 1996
Sold by
Daugherty Betty A
Bought by
Colby Mary M
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palermo Jay M | -- | -- | |
| Barton James | $313,500 | -- | |
| Benson Gayle S | $129,000 | -- | |
| Colby Mary M | $71,280 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Elisabeth M Lebrun Ret | $345,000 | |
| Closed | Joyner Joseph | $296,000 | |
| Previous Owner | Colby Mary M | $25,000 | |
| Previous Owner | Colby Mary M | $75,000 | |
| Previous Owner | Colby Mary M | $103,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2023 09/14/23 | Sold | $625,000 | +13.8% | $316 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $549,000 | +48.4% | $278 / Sq Ft |
| 10/10/2017 10/10/17 | Sold | $370,000 | +1.4% | $199 / Sq Ft |
| 09/08/2017 09/08/17 | Pending | -- | -- | -- |
| 09/05/2017 09/05/17 | For Sale | $364,900 | -- | $197 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,672 | $588,400 | $0 | $588,400 |
| 2024 | $6,392 | $550,100 | $0 | $550,100 |
| 2023 | $5,833 | $466,300 | $0 | $466,300 |
| 2022 | $5,569 | $420,300 | $0 | $420,300 |
| 2021 | $5,443 | $394,400 | $0 | $394,400 |
| 2020 | $5,452 | $377,300 | $0 | $377,300 |
| 2019 | $5,330 | $353,000 | $0 | $353,000 |
| 2018 | $5,198 | $338,000 | $0 | $338,000 |
| 2017 | $5,229 | $329,700 | $0 | $329,700 |
| 2016 | $5,166 | $329,700 | $0 | $329,700 |
| 2015 | $5,046 | $307,500 | $0 | $307,500 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Weinand
M
Seller's Agent in 2023
Melissa Weinand
The Proper Nest Real Estate
(781) 254-8669
10 in this area
237 Total Sales
-
Carla Husak
Buyer's Agent in 2023
Carla Husak
Coldwell Banker Realty - Lynnfield
(617) 901-3101
1 in this area
33 Total Sales
-
Dana Bull
Seller's Agent in 2017
Dana Bull
Compass
(978) 501-6971
1 in this area
7 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73138803
APN: SALE-000033-000000-000339-000811-000811
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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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