$370,000
SOLD OCT 10, 2017

260 Lafayette St Unit 1 Salem, MA 01970

South Salem Neighborhood
3 Beds
2 Baths
1,855 Sq Ft
1851 Built

Recently Sold

$199 Per Sq Ft

1% Above List Price

3 Days on Market

About This Home

As of September 2023

Beautiful unit offered in what has been described as the "Spectacular Wedding Cake Henry M Brooks Cottage" by historian John Goff. High ceilings, paneled walls, gorgeous hardwood floors, diamond-paned windows, coffered ceilings, 2 fireplaces, and beautiful moldings are some of the original detail that you'll find throughout. Spacious at 1,855 square feet, this home has 3 bedrooms, 2 full baths, an eat-in kitchen, in-unit laundry room, central AC, extra storage in basement, and 2 car deeded parking. It checks all the boxes! Fantastic opportunity to live in this Gothic Revival gem located close to the beach, Salem State University, downtown, and the commuter rail.

Last Agent to Sell the Property

Dana Bull

Compass Listed on: 09/05/2017

Compass

Last Buyer's Agent

Melissa Weinand

The Proper Nest Real Estate

The Proper Nest Real Estate

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
$649,859

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
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
Deed -- --
Deed $313,500 --
Deed $129,000 --
Deed $71,280 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 Purchase Money Mortgage
Closed $296,000 New Conventional
Previous Owner $25,000 No Value Available
Previous Owner $75,000 No Value Available
Previous Owner $103,200 Purchase Money Mortgage
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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72222779

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000339-000811-000811