$120,000
SOLD JUL 18, 2012

323 Lafayette St Unit 5 Salem, MA 01970

South Salem Neighborhood
2 Beds
1.5 Baths
1,150 Sq Ft
1920 Built

Recently Sold

$104 Per Sq Ft

14% Below List Price

235 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Skylights
  • Property is near public transit
  • Community Garden
  • 5-minute walk to Forest River Park

About This Home

As of July 2023

Price reduced for quick sale...best deal in town...2 bedrooms 1.5 baths...built in bookcases... fireplace, good closet space......2 car parking...laundry in building... nice wide staircase....storage , big yard

Last Agent to Sell the Property

Susan Keenan

RE/MAX 360 License #454000607 Listed on: 08/31/2011

RE/MAX 360

Last Buyer's Agent

Susan Keenan

RE/MAX 360 License #454000607 Listed on: 08/31/2011

RE/MAX 360

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,539

Year Built

  • Built in 1920

Lot Details

  • Waterfront
  • Security Fence
  • Garden

Home Design

  • Garden Home
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Insulated Windows
  • Living Room with Fireplace
  • Library

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • 220 Volts
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:32 L:0229 S:805,2134325

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash
  • 7 Units
  • Mid-Rise Condominium
  • Lafayette Condominiums Community

Amenities

  • Community Garden
  • Shops
  • Community Storage Space

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,539

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Library
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Room Bedroom2 Area: 120
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 132
  • Master Bathroom Features: No
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Area: 88
  • Room Living Room Level: Third
  • Room Living Room Area: 460
  • Room Living Room Features: Skylight, Flooring - Hardwood
  • Accessibility Features: No
  • Living Area: 1150
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: C58300
  • LIST PRICE PER Sq Ft: 104.26
  • PRICE PER Sq Ft: 104.35
  • MAIN SO: C58300

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Security
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public, City/Town Water
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association Amenities: Storage, Garden Area
  • Association Fee: 248
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No
  • UNIT BUILDING: 5
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel Number: M:32 L:0229 S:805,2134325
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 198
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2539
  • Tax Book Number: 24297

Multi Family

  • Number Of Units Total: 7
  • NO UNITS OWNER OCC: 7

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
$465,194

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
5.43%
Original Mortgage
$372,000
Outstanding Balance
$364,935
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$103,430

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
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 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

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 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71281072

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000229-000805-000805