NOT LISTED FOR SALE

310 Lafayette St Salem, MA 01970

South Salem Neighborhood

Estimated Value: $823,000 - $1,086,000

3 Beds
2 Baths
2,762 Sq Ft
$333/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $432,500 $157 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,544/month

155 Days on Market

About This Home

As of June 2014

Gracious colonial home in Salem's Historic District with Chiropractic office for approx 35 years on first level. Corner lot with ample off street parking. Stones throw from Salem State University and all that downtown Salem has to offer. Great income potential with current use. Rent for 1st floor chiropractic office is $2,000 per month. Tenants at will. First floor has a beautiful waiting room area, three good size exam rooms, a physical therapy room with sink, an office and a half bath and numerous built-ins. There is a fireplace and central air conditioning for this level. Beautiful HW floors on second level. Property has newer separate electrical and huge walk-up attic. Basement has two entrances and a finished room. Call for a private showing. R-3 zoning.

Last Agent to Sell the Property

Michele Meadows

Keller Williams Realty Evolution Listed on: 12/18/2013

Keller Williams Realty Evolution

Last Buyer's Agent

Fredrick Mattei

Pradium Realty License #454005639

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,616

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Easements
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 11
  • Amenities: Public Transportation, Public School, T-Station, University
  • Electric: Circuit Breakers
  • Basement: Full
  • Bedroom 2: Second Floor
  • Bedroom 3: Second Floor
  • Kitchen: Second Floor
  • Living Room: Second Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Flooring - Wood

Exterior Features

  • Construction: Frame
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling Zones: 1

Condo/Co-op/Association

  • HOA: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2013
Closed on
Jun 6, 2014
Sold by
Green Nt
Bought by
Leisey Kenneth W and Leisey Monica R
Seller's Agent
Michele Meadows
Keller Williams Realty Evolution
Buyer's Agent
Fredrick Mattei
Pradium Realty
List Price
$499,000
Sold Price
$432,500
Premium/Discount to List
-$66,500
-13.33%
Current Estimated Value
$920,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,704
Avg. Annual Appreciation
6.80%
Original Mortgage
$478,225
Outstanding Balance
$369,072
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$551,132
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leisey Kenneth W $432,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leisey Kenneth W $478,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $432,500 0.0% $157 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
03/27/2014 03/27/14 Off Market $432,500 -- --
03/19/2014 03/19/14 Price Changed $465,000 -1.0% $168 / Sq Ft
02/02/2014 02/02/14 Price Changed $469,900 -5.8% $170 / Sq Ft
12/18/2013 12/18/13 For Sale $499,000 -- $181 / 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 $8,616 $759,800 $205,400 $554,400
2024 $8,371 $720,400 $196,100 $524,300
2023 $10,226 $817,400 $361,200 $456,200
2022 $9,763 $736,800 $343,600 $393,200
2021 $9,772 $708,100 $321,500 $386,600
2020 $9,533 $659,700 $308,300 $351,400
2019 $9,069 $600,600 $273,100 $327,500
2018 $6,484 $421,600 $246,700 $174,900
2017 $6,591 $415,600 $246,700 $168,900
2016 $6,512 $415,600 $246,700 $168,900
2015 $6,147 $374,600 $220,200 $154,400
Source: Public Records

Agents Affiliated with this Home

  • Michele Meadows

    Seller's Agent in 2014

    Michele Meadows

    Keller Williams Realty Evolution

    (617) 968-1884

    13 Total Sales

    Michele Meadows
    Section Image

  • F

    Buyer's Agent in 2014

    Fredrick Mattei

    Pradium Realty

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71617412

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000402

Massachusetts Essex County Salem 01970 South Salem

310 Lafayette St, Salem, MA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes