323 Lafayette St Unit 5 Salem, MA 01970
South Salem Neighborhood
2
Beds
2
Baths
1,279
Sq Ft
1920
Built
About This Home
As of July 2023Don't let the address fool you....this condo is tucked back from the street in a quiet, private spot. Penthouse unit with beamed, cathedral ceilings, open concept living room and dining area with fireplace and skylights providing great natural lighting. Bonus nook that was previously used as an office but could be a play area, meditation spot or library. Updated kitchen with butcher block counters, stainless steel appliances and half bath. Two generously sized bedrooms plus full bath and tons of storage, in unit and in the basement. Two assigned parking spots plus large, shared yard with patio plus a brand new roof. Convenient location close to Downtown Salem, Commuter Rail, Rt 1A and Salem State and pet friendly! Seller has paid the condo fees through the end of 2019 as a gift to the buyer.
Last Buyer's Agent
Samnang Tith Hutton
Redfin Corp. License #449592525
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,550
Year Built
- Built in 1920
Utilities
- Cooling System Mounted In Outer Wall Opening
- Electric Baseboard Heater
- Electric Water Heater
Additional Features
- Laminate Flooring
- Year Round Access
- Basement
Community Details
- Pets Allowed
Listing and Financial Details
- Assessor Parcel Number M:32 L:0229 S:805
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Jul 14, 2023
Sold by
Ericsson Vera P
Bought by
Carlson Julia
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Shannon Sisk
Compass
List Price
$419,000
Sold Price
$420,000
Premium/Discount to List
$1,000
0.24%
Views
248
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,194
Avg. Annual Appreciation
5.29%
Original Mortgage
$372,000
Outstanding Balance
$363,856
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,929
Purchase Details
Listed on
Sep 12, 2019
Closed on
Oct 24, 2019
Sold by
Spaziano Christine and Stanley Anne M
Bought by
Ericsson Vera P
Seller's Agent
Sarah Myles-Lennox
MerryFox Realty
Buyer's Agent
Samnang Tith Hutton
Redfin Corp.
List Price
$269,900
Sold Price
$272,000
Premium/Discount to List
$2,100
0.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$258,400
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2005
Sold by
Rogers Ingrid and Abrams Thomas
Bought by
Mcmillan Timea and Thompson Edward E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 2, 2003
Sold by
Labonte Patricia C
Bought by
Abrams Thomas and Rogers Ingrid J
Purchase Details
Closed on
Mar 13, 2001
Sold by
Cabot Jennifer R
Bought by
Labonte Patricia C
Purchase Details
Closed on
Dec 29, 1989
Sold by
Sherman Scott
Bought by
K A M Rt
Similar Homes in Salem, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $420,000 | None Available | |
| Condominium Deed | $272,000 | -- | |
| Deed | $245,000 | -- | |
| Deed | $195,000 | -- | |
| Deed | $127,000 | -- | |
| Deed | $115,000 | -- | |
| Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,000 | Purchase Money Mortgage | |
| Previous Owner | $258,700 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $258,400 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $96,000 | New Conventional | |
| Previous Owner | $220,500 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $420,000 | +0.2% | $328 / Sq Ft |
| 06/17/2023 06/17/23 | Pending | -- | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $419,000 | +54.0% | $328 / Sq Ft |
| 10/24/2019 10/24/19 | Sold | $272,000 | +0.8% | $213 / Sq Ft |
| 09/17/2019 09/17/19 | Pending | -- | -- | -- |
| 09/12/2019 09/12/19 | For Sale | $269,900 | +28.5% | $211 / Sq Ft |
| 10/28/2016 10/28/16 | Sold | $210,000 | +2.4% | $183 / Sq Ft |
| 08/17/2016 08/17/16 | Pending | -- | -- | -- |
| 08/08/2016 08/08/16 | For Sale | $205,000 | +70.8% | $178 / Sq Ft |
| 07/18/2012 07/18/12 | Sold | $120,000 | +0.1% | $104 / Sq Ft |
| 04/21/2012 04/21/12 | Pending | -- | -- | -- |
| 04/13/2012 04/13/12 | Price Changed | $119,900 | -2.4% | $104 / Sq Ft |
| 03/30/2012 03/30/12 | Price Changed | $122,900 | -1.6% | $107 / Sq Ft |
| 03/26/2012 03/26/12 | Price Changed | $124,900 | -3.8% | $109 / Sq Ft |
| 03/16/2012 03/16/12 | Price Changed | $129,900 | -7.1% | $113 / Sq Ft |
| 02/27/2012 02/27/12 | For Sale | $139,900 | +16.6% | $122 / Sq Ft |
| 02/16/2012 02/16/12 | Off Market | $120,000 | -- | -- |
| 11/15/2011 11/15/11 | Price Changed | $139,900 | -3.5% | $122 / Sq Ft |
| 08/30/2011 08/30/11 | For Sale | $144,900 | -- | $126 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $4,550 | $401,200 | $0 | $401,200 |
| 2024 | $3,921 | $337,400 | $0 | $337,400 |
| 2023 | $3,987 | $318,700 | $0 | $318,700 |
| 2022 | $3,846 | $290,300 | $0 | $290,300 |
| 2021 | $3,643 | $264,000 | $0 | $264,000 |
| 2020 | $3,578 | $247,600 | $0 | $247,600 |
| 2019 | $3,447 | $228,300 | $0 | $228,300 |
| 2018 | $3,210 | $208,700 | $0 | $208,700 |
| 2017 | $3,259 | $205,500 | $0 | $205,500 |
| 2016 | $2,692 | $171,800 | $0 | $171,800 |
| 2015 | $2,553 | $155,600 | $0 | $155,600 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Myles-Lennox
S
Seller's Agent in 2023
Sarah Myles-Lennox
MerryFox Realty
(857) 523-9733
3 in this area
36 Total Sales
-
Shannon Sisk
Buyer's Agent in 2023
Shannon Sisk
Compass
(781) 667-2770
1 in this area
49 Total Sales
-
S
Buyer's Agent in 2019
Samnang Tith Hutton
Redfin Corp.
-
S
Seller's Agent in 2016
Sarah Navarro
MyHomeRE, LLC
-
Merry Fox Team
M
Buyer's Agent in 2016
Merry Fox Team
MerryFox Realty
21 in this area
268 Total Sales
-
S
Seller's Agent in 2012
Susan Keenan
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72563730
APN: SALE-000032-000000-000229-000805-000805
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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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