NOT LISTED FOR SALE

271 Lafayette St Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $458,000 - $651,000

3 Beds
1 Bath
1,747 Sq Ft
0.33 Acres

Last Sold October 08, 2015

Last sale price $331,000 $189 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,449/month

26 Days on Market

About This Home

As of October 2015

Come see this grand condo in a beautiful Victorian off of Lafayette in South Salem. Great location equal distance to Downtown Salem and Salem State University. This truly expansive 2nd floor condo provides opportunity for 2-4 bedrooms with eat-in kitchen, foyer, dining room, living room and deeded access to two gigantic porches. Ample storage space in the basement along with your own laundry and 2 deeded parking right outside the back door. Exclusive use yard space perfect for summer grilling or gardening. Gorgeous architectural and period details throughout including built ins, fireplace and refinished hardwood floors. Tastefully updated, ornate tile bathroom and modern kitchen with stainless appliances, maple cabinets and granite counters. Pet friendly. This gem is a must see -- it has the largest front porch on Lafayette!

Last Agent to Sell the Property

Blake Sherwood

Compass Listed on: 09/02/2015

Compass

Last Buyer's Agent

Cookie Melanson

Century 21 North East

Century 21 North East

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,675

Year Built

1910

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Middle
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1910

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Public School, University
  • Flooring: Wood
  • Interior Amenities: Cable Available
  • Laundry Room: Basement

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Porch, Deck - Wood, Garden Area

Garage/Parking

  • Parking: Off-Street, Deeded, Improved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Hot Water Baseboard, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal, Reserve Funds
  • Association Pool: No
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 3
  • Unit Building: 2

Lot Info

  • Assessor Parcel Number: M:33 L:0443 S:802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Oct 8, 2015
Sold by
271 Lafayette Place Ll
Bought by
271 Lafayette U2 Rt
Seller's Agent
Blake Sherwood
Compass
Buyer's Agent
Cookie Melanson
Century 21 North East
List Price
$340,000
Sold Price
$331,000
Premium/Discount to List
-$9,000
-2.65%
Current Estimated Value
$563,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,486
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Jul 20, 2011
Sold by
Haynsworth William
Bought by
271 Lafayette Place Ll

Purchase Details

Closed on
Jun 23, 2011
Sold by
Fnma
Bought by
Haynsworth William

Purchase Details

Closed on
Apr 9, 2010
Sold by
Leider Matthew T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 16, 2010
Sold by
Newburg Richard F and Newburg Stephen F
Bought by
Case Richard L

Purchase Details

Closed on
Aug 20, 2003
Sold by
Con Joseph Simon House
Bought by
Case Richard L
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
271 Lafayette U2 Rt $331,000 --
271 Lafayette Place Ll -- --
Haynsworth William $150,000 --
Federal National Mortgage Association $278,879 --
Case Richard L -- --
Case Richard L $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Case Richard L $312,200
Previous Owner Case Richard L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $331,000 0.0% $189 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
09/05/2015 09/05/15 Off Market $331,000 -- --
09/02/2015 09/02/15 For Sale $340,000 0.0% $195 / Sq Ft
05/20/2013 05/20/13 Rented $1,900 0.0% --
04/20/2013 04/20/13 Under Contract -- -- --
04/04/2013 04/04/13 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 $5,675 $500,400 $0 $500,400
2024 $5,538 $476,600 $0 $476,600
2023 $5,484 $438,400 $0 $438,400
2022 $5,308 $400,600 $0 $400,600
2021 $5,223 $378,500 $0 $378,500
2020 $5,151 $356,500 $0 $356,500
2019 $4,880 $323,200 $0 $323,200
2018 $4,402 $286,200 $0 $286,200
2017 $4,306 $271,500 $0 $271,500
2016 $3,960 $252,700 $0 $252,700
2015 $3,850 $234,600 $0 $234,600
Source: Public Records

Agents Affiliated with this Home

  • Blake Sherwood

    Seller's Agent in 2015

    Blake Sherwood

    Compass

    (617) 833-0036

    3 in this area

    108 Total Sales

    Blake Sherwood
    Section Image
  • Cookie Melanson

    Buyer's Agent in 2015

    Cookie Melanson

    Century 21 North East

    (978) 375-4199

    1 in this area

    26 Total Sales

    Cookie Melanson
    Section Image

  • C

    Seller's Agent in 2013

    Christina Bolton

    Stuart St James, Inc.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71898133

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000443-000802-000802

Massachusetts Essex County Salem 01970 South Salem

271 Lafayette St Unit 2, Salem, MA

This home is located at 271 Lafayette St Unit 2, Salem, MA 01970 since 02 September 2015 and is currently estimated at $563,486, approximately $322 per square foot. This property was built in 1910. 271 Lafayette St Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

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MLS Property Information Network (MLS PIN) 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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