$460,000
SOLD OCT 27, 2023

270 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood
2 Beds
2 Baths
1,209 Sq Ft
$350/mo HOA Fee

Recently Sold

$380 Per Sq Ft

3% Below List Price

20 Days on Market

Highlights

  • Ocean View
  • Open Floorplan
  • Property is near public transit
  • Medical Services
  • Custom Closet System
  • Vaulted Ceiling

About This Home

As of October 2023

1st OPEN HOUSE- NEW PRICE Thursday Sept 21 @ 5-7 P.M. . This charming Victorian penthouse condominium offers a unique blend of historic elegance & modern convenience. The warm & inviting space seamlessly marry the charm of the late 1800’s with a chic, renovated kitchen. An open floor plan, beautiful hardwood floors, well-appointed kitchen & intriguing living spaces make it a delightful home. Two bedrooms & 2 full baths add to its appeal. The octagonal living room with its dramatic turreted ceiling also offers water view glimpses of Salem Harbor. Multiple built-ins & abundant closet storage along with 2 car off street parking (assigned) & shared outdoor space add practical functionality. This Unit also features central AC, all new windows, a new dishwasher and a new hot water heater. A sought after location near Salem's waterfront Forest River Park, downtown restaurants, historic sites & shops as well as the commuter rail T station to Boston make this a must see home!

Last Agent to Sell the Property

The Mitchell Team

Keller Williams Realty Evolution Listed on: 09/06/2023

Keller Williams Realty Evolution

Last Buyer's Agent

Sadie Guichard

EXIT Assurance Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 1880

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Ocean
  • Harbor

Home Design

  • Frame Construction
  • Blown Fiberglass Insulation
  • Batts Insulation
  • Slate Roof
  • Rubber Roof

Interior Spaces

  • 1,209 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Insulated Windows
  • French Doors
  • Center Hall
  • Basement
  • Laundry in Basement
  • Washer and Electric Dryer Hookup

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • Custom Closet System
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Home Security

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Outdoor Storage
  • 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
  • Individual Controls for Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service

Listing and Financial Details

  • Assessor Parcel Number 4078732

Community Details

Overview

  • Association fees include water, sewer, insurance, trash, reserve funds
  • 3 Units

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Community Pool
  • Park

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,044

Year Built

Built in 1880

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1880
  • Buyer Agency: 2.0
  • Entry Level: 3
  • Transaction Broker: 2.0
  • 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: 3

Interior Features

  • Flooring: Wood, Vinyl, Laminate, Hardwood, Flooring - Hardwood
  • Interior Amenities: Center Hall
  • Door Features: French Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Wine Refrigerator, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom2 Area: 223.611111
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 268.75
  • Bathroom 1 Area: 34.756944
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Bathroom 2 Area: 37.472222
  • Bathroom 2 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Dining Room Level: Third
  • Room Dining Room Area: 174.166666
  • Room Family Room Level: Third
  • Room Family Room Features: Flooring - Hardwood, Open Floorplan
  • Room Family Room Area: 187.888888
  • Room Kitchen Level: Third
  • Room Kitchen Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Stainless Steel Appliances
  • Room Kitchen Area: 223.833333
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement, Common Area, In Building
  • Room Living Room Level: Third
  • Room Living Room Area: 108.506944
  • Room Living Room Features: Vaulted Ceiling(s), Flooring - Hardwood, Open Floorplan
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1209
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Skylight(s), Insulated Windows, Storm Window(s)
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 384.53
  • PRICE PER Sq Ft: 380.48
  • MAIN SO: G80004
  • Insulation: Partial, Fiberglass, Unknown, Fiberglass - Batts

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Assigned, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Central Air, Unit Control
  • Heating: Forced Air, Natural Gas, Unit Control
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 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, Highway Access, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 4078732
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10502
  • Lot Size Units: Acres
  • PAGE: 275
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5044
  • Tax Book Number: 39878

Multi Family

  • Number Of Units Total: 3
  • Basement Included Sq Ft: No
  • Waterview: Harbor, Ocean, Walk to

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%
Current Estimated Value
$510,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,536
Avg. Annual Appreciation
5.12%
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
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
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 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 $5,145 $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

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73155787

MLS Property Information Network (MLS PIN)

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