271 Lafayette St Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $663,886
3
Beds
1
Bath
1,771
Sq Ft
$375/Sq Ft
Est. Value
About This Home
This home is located at 271 Lafayette St Unit 1, Salem, MA 01970 and is currently estimated at $663,886, approximately $374 per square foot. 271 Lafayette St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2008
Sold by
1918 Rt Llc
Bought by
271 Lafayette U1 Rt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Outstanding Balance
$157,412
Interest Rate
6.07%
Mortgage Type
Commercial
Estimated Equity
$506,474
Purchase Details
Closed on
Nov 15, 2004
Sold by
Newburg Richard F and Newburg Stephen F
Bought by
1918 Rt Llc
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 271 Lafayette U1 Rt | $305,000 | -- | |
| 1918 Rt Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1918 Rt Llc | $244,000 | |
| Previous Owner | 1918 Rt Llc | $20,600 |
Source: Public Records
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 | $11,932 | $527,500 | $0 | $527,500 |
| 2024 | $11,862 | $500,700 | $0 | $500,700 |
| 2023 | $11,655 | $461,600 | $0 | $461,600 |
| 2022 | $11,071 | $420,800 | $0 | $420,800 |
| 2021 | $10,979 | $397,800 | $0 | $397,800 |
| 2020 | $10,567 | $371,800 | $0 | $371,800 |
| 2019 | $9,979 | $337,700 | $0 | $337,700 |
| 2018 | $9,225 | $307,800 | $0 | $307,800 |
| 2017 | $8,778 | $292,700 | $0 | $292,700 |
| 2016 | $8,286 | $280,400 | $0 | $280,400 |
| 2015 | $8,312 | $268,200 | $0 | $268,200 |
Source: Public Records
Map
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