NOT LISTED FOR SALE

270 Lafayette St Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $478,000 - $532,000

2 Beds
1.5 Baths
1,261 Sq Ft
$350/mo HOA Fee

Last Sold February 29, 2024

Last sale price $469,900 $373 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,454/month

14 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Fireplace in Primary Bedroom
  • Property is near public transit
  • Solid Surface Countertops

About This Home

As of February 2024

Remarkably unique - Large 1st floor condo offering a blend of historic elegance & modern amenities. With 2 bedrooms & 1.5 baths, this converted 1880's Victorian home boasts period architectural woodwork. Elegant & spacious rooms feature decorative columns, high ceilings & natural light from an abundance of oversized windows. New kitchen, w/granite tops & stainless steel appliances, multiple bay & bow windows throughout - along w/charming window bench & cozy reading nook - all provide a warm, inviting appeal. Bonuses include an exclusive use back deck & your own separate entrance. Common laundry in basement (serves 2 of the building's 3 units) & your place comes with 3 off-street parking spaces. Located a short 15 min walk to nearby beaches & Forest River Park, & South to Salem State University & Marblehead's Rail Trail, or North to downtown Salem's Restaurants / Shops / Parks, the Waterfront & the Commuter Rail to Boston.

Last Agent to Sell the Property

The Mitchell Team

Keller Williams Realty Evolution Listed on: 01/10/2024

Keller Williams Realty Evolution

Last Buyer's Agent

Julie Andrews

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,102

Year Built

  • Built in 1880

Lot Details

  • 10,454

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Frame Construction
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,261 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Recessed Lighting
  • Decorative Lighting
  • Insulated Windows
  • Bay Window
  • Insulated Doors
  • Entrance Foyer
  • Sitting Room
  • Dining Area
  • Basement
  • Exterior Basement Entry

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathtub with Shower

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • 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
  • Hot Water Heating System
  • 100 Amp Service

Additional Features

  • Energy-Efficient Thermostat
  • Near Conservation Area

Listing and Financial Details

  • Tax Lot 371
  • Assessor Parcel Number M:33 L:0371 S:801,4078732

Community Details

Overview

  • Association fees include water, sewer, insurance, trash, reserve funds
  • 3 Units
  • The 270 Lafayette Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,102

Year Built

Built in 1880

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1880
  • Entry Level: 1
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Entrance Foyer, Sitting Room
  • Door Features: Insulated Doors
  • Entry Location: Unit Placement(Street)
  • Fireplace Features: Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 2 Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Lighting - Pendant
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
  • Laundry Features: Common Area, In Building
  • Room Living Room Features: Flooring - Hardwood, Wainscoting, Lighting - Pendant
  • Basement: Y
  • Living Area: 1261
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C95098
  • MAIN SO: C95098
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Porch, Deck, Deck - Wood, Rain Gutters
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Wood
  • Roof: Slate, Rubber
  • Waterfront Features: Beach Front, Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Deeded, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Amenities: Hot Water
  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Conservation Area, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:33 L:0371 S:801,4078732
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10502
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5102
  • Tax Lot: 371

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2005
Sold by
Ahern Gail E
Bought by
Labonte Kimberlee and Purtell Lauren
Current Estimated Value
$509,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Outstanding Balance
$125,637
Interest Rate
5.56%
Estimated Equity
$383,930

Purchase Details

Closed on
Feb 28, 2000
Sold by
Newburg Stephen F
Bought by
Ahern Gail E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,175
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Labonte Kimberlee $260,000 --
Ahern Gail E $186,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahern Gail E $247,000
Closed Ahern Gail E $247,000
Previous Owner Ahern Gail E $182,500
Previous Owner Ahern Gail E $177,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/29/2024 02/29/24 Sold $469,900 0.0% $373 / Sq Ft
01/25/2024 01/25/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $469,900 -2.1% $373 / Sq Ft
01/10/2024 01/10/24 For Sale $479,900 +52.3% $381 / Sq Ft
06/01/2017 06/01/17 Sold $315,000 +16.7% $250 / Sq Ft View Prior Sale
04/01/2017 04/01/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $269,900 -- $214 / 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 $5,247 $462,700 $0 $462,700
2024 $5,215 $448,800 $0 $448,800
2023 $5,102 $407,800 $0 $407,800
2022 $5,095 $384,500 $0 $384,500
2021 $4,736 $343,200 $0 $343,200
2020 $4,904 $339,400 $0 $339,400
2019 $4,797 $317,700 $0 $317,700
2018 $4,680 $304,300 $0 $304,300
2017 $4,645 $292,900 $0 $292,900
2016 $4,397 $280,600 $0 $280,600
2015 $4,526 $275,800 $0 $275,800
Source: Public Records

Agents Affiliated with this Home

  • The Mitchell Team

    Seller's Agent in 2024

    The Mitchell Team

    Keller Williams Realty Evolution

    (978) 314-2955

    4 in this area

    72 Total Sales

    The Mitchell Team
    Section Image
  • Julie Andrews

    Buyer's Agent in 2024

    Julie Andrews

    Keller Williams Realty Evolution

    (978) 290-1495

    1 in this area

    39 Total Sales

    Julie Andrews
    Section Image
  • Ryan Guilmartin

    Seller's Agent in 2017

    Ryan Guilmartin

    MerryFox Realty

    (617) 852-0040

    3 in this area

    43 Total Sales

    Ryan Guilmartin
    Section Image

  • J

    Buyer's Agent in 2017

    Judith Toner

    The Proper Nest Real Estate

    (781) 704-6592

    1 in this area

    61 Total Sales

    Judith Toner
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73192280

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000371-000801-000801

Massachusetts Essex County Salem 01970 South Salem

270 Lafayette St Unit 1, Salem, MA

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