323 Lafayette St Unit 5 Salem, MA 01970
South Salem Neighborhood
2
Beds
1.5
Baths
1,279
Sq Ft
$349/mo
HOA Fee
Highlights
- Marina
- Medical Services
- Open Floorplan
- Golf Course Community
- No Units Above
- 5-minute walk to Forest River Park
About This Home
As of July 2023The address may say Lafayette St but come and step inside to experience the calm and quiet atmosphere of this condo for yourself. Unit 5 is located in the rear building, away from the hustle and bustle but still enjoys the benefit of being centrally located near the new and improved Forest River Park, SSU and just moments from vibrant downtown Salem and Commuter Rail. This penthouse unit is bright with an open floor plan & skylights throughout. Spacious living/dining room with cathedral ceilings and a fireplace. Kitchen was updated not long ago and includes stainless steel appliances, butcher block wood countertops and leads to a newly remodeled half bath. Two spacious bedrooms and a large full bath plus a little corner nook ideal for an office or play area. Bedrooms and hallway were just updated with new Oak hardwood flooring. Plenty of storage in the oversized closets & in the basement. Large, common area yard, 2 car parking & pet friendly!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,987
Year Built
- Built in 1920 | Remodeled
Lot Details
- No Units Above
- Garden
HOA Fees
- $349 Monthly HOA Fees
Home Design
- Garden Home
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,279 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Light Fixtures
- Living Room with Fireplace
- Basement
- Laundry in Basement
Kitchen
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Bathtub with Shower
Parking
- 2 Car Parking Spaces
- Paved Parking
- Open Parking
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Choice Elementary School
- Collins Middle School
- SHS High School
Utilities
- Window Unit Cooling System
- Heating Available
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number M:32 L:0229 S:805,2134325
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, road maintenance, ground maintenance, snow removal, reserve funds
- 7 Units
- Lafayette Street Condominiums Community
Amenities
- Medical Services
- Community Garden
- Common Area
- Shops
- Coin Laundry
- Community Storage Space
Recreation
- Marina
- Golf Course Community
- Community Pool
- Park
- Jogging Path
- Bike Trail
Pet Policy
- Pets Allowed
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: 73118524
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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