262 Lafayette St Unit 1 Salem, MA 01970
South Salem Neighborhood
2
Beds
3
Baths
1,763
Sq Ft
1868
Built
About This Home
As of April 2020"You Can Always Get What You Want!" The Bates House Condominium offers all the Charm and Spirit of Historic Salem along with Sizzling Stylish Kitchen and Baths with a sought after First Floor Layout and Bonus Mega Storage in Private Basement. This Mid-19th Century Victorian won Awards for Best Historic Renovation at the Condominiums Onset has been Updated and Upgraded with Impeccable Taste. Newly Renovated Kitchen includes Honed Granite Countertops, Painted White Oak Cabinets and Built-in Bar Area with Wine Chiller, and Gorgeous Brazilian Cherry Hardwood Floors. Stay Cool with Central Air and Warm with FHW BB by Gas. Its a Short Distance to Downtown and Waterfront, and Minutes to Beautiful Forest River Park. If you like the Grandeur of Stately Victorian with all the Amenities you Deserve, You'll want to make this Condo Your New Home!
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,763
Year Built
1868
Lot Details
0
Listing Details
- Unit Level: 1
- Unit Placement: Street
- Special Features: None
- Property Sub Type: Condos
- Year Built: 1868
Interior Features
- Has Basement: Yes
- Fireplaces: 3
- Number of Rooms: 5
- Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course
- Energy: Storm Windows, Prog. Thermostat
- Flooring: Wood, Tile
- Interior Amenities: Central Vacuum, Security System
- Bedroom 2: First Floor, 14X14
- Bathroom #1: First Floor
- Bathroom #2: First Floor
- Bathroom #3: Basement
- Kitchen: First Floor, 25X15
- Laundry Room: First Floor
- Living Room: First Floor, 15X15
- Master Bedroom: First Floor, 14X14
- Master Bedroom Description: Flooring - Hardwood
- Dining Room: First Floor, 15X15
- Family Room: Basement
Exterior Features
- Construction: Frame
- Exterior: Clapboard, Wood
- Exterior Unit Features: Porch, Deck - Wood
Garage/Parking
- Parking: Off-Street, Tandem
- Parking Spaces: 2
Utilities
- Cooling Zones: 1
- Heat Zones: 1
- Hot Water: Natural Gas, Tank
- Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
Condo/Co-op/Association
- Condominium Name: Bates House Condominium
- Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
- Management: Owner Association
- Pets Allowed: Yes
- No Units: 3
- Unit Building: 1
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 25, 2020
Closed on
Mar 31, 2020
Sold by
Armsden Mary and Armsden William L
Bought by
Kouyoumjian Derek L and Kouyoumjian Sarita A
Seller's Agent
Jeremy McElwain
Keller Williams Realty Evolution
Buyer's Agent
William Raye
William Raveis R.E. & Home Services
List Price
$430,000
Sold Price
$470,000
Premium/Discount to List
$40,000
9.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,492
Avg. Annual Appreciation
6.10%
Original Mortgage
$446,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 15, 2016
Closed on
Sep 23, 2016
Sold by
Werthman Michael D and Mccrea-Bounty Emma
Bought by
Armsden William L
Seller's Agent
Kate Richard
J. Barrett & Company
Buyer's Agent
Jeremy McElwain
Keller Williams Realty Evolution
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$312,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 9, 2014
Closed on
Mar 2, 2015
Sold by
Lawrence Michael D and Lawrence Una M
Bought by
Bounty Emma M
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Kate Richard
J. Barrett & Company
List Price
$364,900
Sold Price
$364,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$346,650
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2009
Sold by
Lawrence Michael D
Bought by
Lawrence Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 30, 2008
Sold by
Waldinger James W and Perrone-Walding Siobhan M
Bought by
Lawrence Michael D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 23, 2003
Sold by
Piepgras Colin and Piepgras Leah
Bought by
Waldinger Siobhan Perrone
Purchase Details
Closed on
Sep 15, 1999
Sold by
Roberts Gail A and Roberts Brian H
Bought by
Piepgras Colin
Purchase Details
Closed on
Sep 1, 1992
Sold by
Santry Stephen W
Bought by
Fhlmc
Purchase Details
Closed on
Dec 16, 1987
Sold by
Paul A Langford
Bought by
Santry Stephen W
Similar Homes in Salem, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $470,000 | None Available | |
| Not Resolvable | $390,000 | -- | |
| Not Resolvable | $364,900 | -- | |
| Deed | -- | -- | |
| Deed | $359,900 | -- | |
| Deed | $330,000 | -- | |
| Deed | $235,000 | -- | |
| Foreclosure Deed | $194,177 | -- | |
| Deed | $230,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $440,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $446,500 | New Conventional | |
| Previous Owner | $312,000 | New Conventional | |
| Previous Owner | $346,650 | New Conventional | |
| Previous Owner | $326,400 | Purchase Money Mortgage | |
| Previous Owner | $287,920 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2020 04/09/20 | Sold | $470,000 | +9.3% | $267 / Sq Ft |
| 03/03/2020 03/03/20 | Pending | -- | -- | -- |
| 02/25/2020 02/25/20 | For Sale | $430,000 | +10.3% | $244 / Sq Ft |
| 09/23/2016 09/23/16 | Sold | $390,000 | -1.0% | $221 / Sq Ft |
| 08/11/2016 08/11/16 | Pending | -- | -- | -- |
| 08/06/2016 08/06/16 | Price Changed | $394,000 | -0.3% | $223 / Sq Ft |
| 06/28/2016 06/28/16 | For Sale | $395,000 | 0.0% | $224 / Sq Ft |
| 06/22/2016 06/22/16 | Pending | -- | -- | -- |
| 06/15/2016 06/15/16 | For Sale | $395,000 | +8.2% | $224 / Sq Ft |
| 03/02/2015 03/02/15 | Sold | $364,900 | 0.0% | $207 / Sq Ft |
| 01/20/2015 01/20/15 | Pending | -- | -- | -- |
| 01/04/2015 01/04/15 | Off Market | $364,900 | -- | -- |
| 09/09/2014 09/09/14 | For Sale | $364,900 | -- | $207 / 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 | $6,763 | $596,400 | $0 | $596,400 |
| 2024 | $6,568 | $565,200 | $0 | $565,200 |
| 2023 | $6,314 | $504,700 | $0 | $504,700 |
| 2022 | $6,132 | $462,800 | $0 | $462,800 |
| 2021 | $6,196 | $449,000 | $0 | $449,000 |
| 2020 | $6,581 | $455,400 | $0 | $455,400 |
| 2019 | $6,771 | $448,400 | $0 | $448,400 |
| 2018 | $6,170 | $401,200 | $0 | $401,200 |
| 2017 | $6,055 | $381,800 | $0 | $381,800 |
| 2016 | $5,729 | $365,600 | $0 | $365,600 |
| 2015 | $5,606 | $341,600 | $0 | $341,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy McElwain
Seller's Agent in 2020
Jeremy McElwain
Keller Williams Realty Evolution
(617) 413-6519
3 in this area
59 Total Sales
-
William Raye
Buyer's Agent in 2020
William Raye
William Raveis R.E. & Home Services
(617) 953-7959
4 in this area
21 Total Sales
-
Kate Richard
Seller's Agent in 2016
Kate Richard
J. Barrett & Company
(978) 252-0322
5 in this area
69 Total Sales
-
Ted Richard
Seller's Agent in 2015
Ted Richard
J. Barrett & Company
(978) 921-1117
4 in this area
65 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71740547
APN: SALE-000033-000000-000374-000801-000801
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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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