$415,000
SOLD MAY 14, 2021

270 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood
2 Beds
2 Baths
1,209 Sq Ft
$250/mo HOA Fee

Recently Sold

$343 Per Sq Ft

4% Above List Price

13 Days on Market

Highlights

  • Harbor Views
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • Wood Flooring

About This Home

As of October 2023

This spacious two bedroom penthouse is rich in character, charm, and beauty. From it’s 1800’s elegance, to it’s modern and chic kitchen, this home offers a healthy balance of new and old. The living room boasts a soaring cathedral ceiling which looks out to the Salem Harbor. The kitchen has been tastefully renovated with custom cabinetry, granite countertops, and stainless steel appliances. Step outside and rarely will you find yourself getting into your car. Walking distance to the commuter rail, harbor, restaurants, shops and Salem State University, this location has it all. Low condo fee, FHA approved, two parking spaces, and priced to sell, there isn’t much not to like about this home. Come see for yourself, this Sunday at the Open House from 1:00pm to 3:00pm.

Last Agent to Sell the Property

Nick Daher

Broad Sound Real Estate, LLC

Last Buyer's Agent

Button and Co.

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,145

Year Built

  • Built in 1880

HOA Fees

  • $250 per month

Property Views

  • Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0371 S:803

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,145

Year Built

Built in 1880

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 330.77
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Dimension: 12X15, Flooring - Hardwood
  • Bedroom 2: On Level: First Floor, Dimension: 14X14, Flooring - Hardwood
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 6X6, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: First Floor, Flooring - Stone/Ceramic Tile
  • No Rooms: 5
  • Dining Room: On Level: First Floor, Dimension: 9X11, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 9X15, Ceiling - Cathedral, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Dimension: 9X12, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled
  • Laundry Features: Common, In Building
  • Living Room: On Level: First Floor, Dimension: 9X15, Flooring - Hardwood
  • Basement: Y
  • No Living Levels: 3
  • Main Lo: AN3502
  • Main So: AN1199
  • Estimated Sq Ft: 1209.00

Exterior Features

  • Beachfront Flag: Yes
  • Waterview Features: Harbor
  • Waterview Flag: Yes
  • Roof Material: Slate
  • Exterior: Vinyl
  • Exterior Unit Features: Porch

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Cooling Zones: 1
  • Heating: Forced Air, Gas
  • Heat Zones: 1
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, T-Station, University
  • HOA Fees: 250.00
  • Association Fee Includes: Hot Water, Water, Sewer, Master Insurance, Exterior Maintenance, Reserve Funds
  • Condo Association: Yes
  • Management: Owner Association

Lot Info

  • Assessments: 316700.00
  • Acre: 0.24
  • Lot Size: 10502.00
  • Page: 145
  • Parcel Number: M:33 L:0371 S:803
  • Zoning: R3

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4576.00
  • Assessor Parcel Number: 4078732
  • Tax Year: 2020

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 14, 2021
Sold by
Lambert Alexander F
Bought by
Bryant Andrew and Morgan Lindsey R
Seller's Agent
Nick Daher
Broad Sound Real Estate, LLC
Buyer's Agent
Button and Co.
LAER Realty Partners
List Price
$399,900
Sold Price
$415,000
Premium/Discount to List
$15,100
3.78%
Total Days on Market
13
Current Estimated Value
$495,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,447
Avg. Annual Appreciation
4.49%
Original Mortgage
$402,550
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 10, 2019
Closed on
Nov 13, 2019
Sold by
Hoppe Dustin and Mayorga Marcela
Bought by
Lambert Alexander F
Seller's Agent
Team Harborside
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Gordon Thornton
AA Premier Properties, LLC
List Price
$349,900
Sold Price
$322,000
Premium/Discount to List
-$27,900
-7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%
Original Mortgage
$316,167
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 2005
Sold by
Mannion Gina and Mannion Sean
Bought by
Demirbilek Ahmet Tansu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2004
Sold by
Johansson Shirley A and Webber Shirley
Bought by
Mannion Sean and Pitale Gina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,400
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2001
Sold by
Newburg Stephen F
Bought by
Webber Shirley

Map

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Condominium Deed $415,000 None Available
Condominium Deed $322,000 --
Deed $279,000 --
Deed $279,500 --
Deed $182,049 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $446,200 Purchase Money Mortgage
Closed $402,550 Purchase Money Mortgage
Previous Owner $316,167 FHA
Previous Owner $239,200 New Conventional
Previous Owner $193,375 Stand Alone Refi Refinance Of Original Loan
Previous Owner $223,200 Purchase Money Mortgage
Previous Owner $27,900 No Value Available
Previous Owner $223,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $460,000 -1.1% $380 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/18/2023 09/18/23 Price Changed $464,900 -2.1% $385 / Sq Ft
09/06/2023 09/06/23 For Sale $474,900 +14.4% $393 / Sq Ft
05/14/2021 05/14/21 Sold $415,000 +3.8% $343 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $399,900 +24.2% $331 / Sq Ft
12/02/2019 12/02/19 Sold $322,000 -0.9% $266 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $324,900 -7.1% $269 / Sq Ft
09/10/2019 09/10/19 For Sale $349,900 +17.0% $289 / Sq Ft
05/30/2017 05/30/17 Sold $299,000 +3.5% $247 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $289,000 0.0% $239 / Sq Ft
09/30/2015 09/30/15 Rented $1,750 0.0% --
09/25/2015 09/25/15 Under Contract -- -- --
09/14/2015 09/14/15 Price Changed $1,750 -2.8% $1 / Sq Ft
08/04/2015 08/04/15 For Rent $1,800 0.0% --
09/25/2014 09/25/14 Rented $1,800 -5.3% --
08/26/2014 08/26/14 Under Contract -- -- --
08/13/2014 08/13/14 For Rent $1,900 -- --
Source: MLS Property Information Network (MLS PIN)

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 $5,145 $453,700 $0 $453,700
2024 $5,199 $447,400 $0 $447,400
2023 $5,044 $403,200 $0 $403,200
2022 $5,042 $380,500 $0 $380,500
2021 $4,419 $320,200 $0 $320,200
2020 $4,576 $316,700 $0 $316,700
2019 $4,477 $296,500 $0 $296,500
2018 $4,368 $284,000 $0 $284,000
2017 $4,255 $268,300 $0 $268,300
2016 $4,030 $257,200 $0 $257,200
2015 $4,147 $252,700 $0 $252,700
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72793753

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000371-000803-000803