NOT LISTED FOR SALE

323 Lafayette St Unit 7 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $417,000 - $462,000

2 Beds
1 Bath
1,253 Sq Ft
$354/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $330,000 $263 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,846/month

7 Days on Market

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • 5-minute walk to Forest River Park

About This Home

As of October 2020

Fabulous 2 bedroom townhouse with home office space! This sunny unit has 2 deeded parking spaces, private over-sized deck with sliders, leading into the living room. The beautiful dining room leads to a home office nook in the corner. Large kitchen space and a full bathroom complete this level. 2 bedrooms upstairs with ample storage and skylight. 100'% owner-occupied association!

Last Agent to Sell the Property

Jenny May

J. Barrett & Company Listed on: 09/02/2020

Last Buyer's Agent

Erin Lamb

RE/MAX 360

RE/MAX 360

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1920

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Basement

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,298

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 1.50
  • Restrictions: Rentals
  • Year Built Description: Actual
  • List Price Per Sq Ft: 239.35
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Unit Building: 7
  • Unit Level: 2
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Third Floor, Skylight, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Third Floor, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Bathroom - Full, Flooring - Vinyl
  • No Rooms: 5
  • Dining Room: On Level: Second Floor, Closet, Flooring - Laminate
  • Kitchen: On Level: Second Floor, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Laminate, Deck - Exterior, Slider
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: C95243
  • Main So: AN4305
  • Estimated Sq Ft: 1253.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Unit Features: Deck - Wood

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Wall AC, 2 Units
  • Heating: Forced Air, Gas
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Public School, University
  • HOA Fees: 284.02
  • Association Fee Includes: Water, Sewer, Master Insurance, Landscaping, Snow Removal
  • Condo Association: Yes
  • Management: Owner Association

Association/Amenities

  • Condominium Name: Lafayette Street Condominium

Lot Info

  • Assessments: 254800.00
  • Page: 20
  • Zoning: R2

Tax Info

  • Taxes: 3681.00
  • Assessor Parcel Number: 2134324
  • Tax Year: 2020

Multi Family

  • No Units: 7
  • No Units Owner Occ: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 28, 2020
Sold by
Munroe John W and Munroe Marsha S
Bought by
Abbot Bailey J and Stewart Aria A
Seller's Agent
Jenny May
J. Barrett & Company
Buyer's Agent
Erin Lamb
RE/MAX 360
List Price
$299,000
Sold Price
$330,000
Premium/Discount to List
$31,000
10.37%
Total Days on Market
7
Current Estimated Value
$443,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,264
Avg. Annual Appreciation
6.61%
Original Mortgage
$264,000
Outstanding Balance
$237,587
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,677

Purchase Details

Closed on
Jul 5, 2005
Sold by
Labbe Vanessa M
Bought by
Munroe John W and Munroe Marsha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2000
Sold by
Culver Edward A and Culver Edilbes
Bought by
Elashkar Emad M and Elashkar Jill F
Source: Public Records

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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
Abbot Bailey J $330,000 None Available
Munroe John W $265,000 --
Elashkar Emad M $147,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbot Bailey J $264,000
Previous Owner Culver Edward A $222,000
Previous Owner Culver Edward A $245,000
Previous Owner Culver Edward A $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $330,000 +10.0% $263 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/03/2020 09/03/20 Price Changed $299,900 +0.3% $239 / Sq Ft
09/02/2020 09/02/20 For Sale $299,000 -- $239 / 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 $4,298 $379,000 $0 $379,000
2024 $3,693 $317,800 $0 $317,800
2023 $4,143 $331,200 $0 $331,200
2022 $3,998 $301,700 $0 $301,700
2021 $3,785 $274,300 $0 $274,300
2020 $3,682 $254,800 $0 $254,800
2019 $3,547 $234,900 $0 $234,900
2018 $3,387 $220,200 $0 $220,200
2017 $3,267 $206,000 $0 $206,000
2016 $2,896 $184,800 $0 $184,800
2015 $2,823 $172,000 $0 $172,000
Source: Public Records

Agents Affiliated with this Home

  • Jenny May

    Seller's Agent in 2020

    Jenny May

    J. Barrett & Company

    (978) 828-4142

    5 in this area

    51 Total Sales

    Jenny May
    Section Image
  • Erin Lamb

    Buyer's Agent in 2020

    Erin Lamb

    RE/MAX 360

    (978) 771-7083

    4 in this area

    54 Total Sales

    Erin Lamb
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72720105

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000229-000807-000807

Massachusetts Essex County Salem 01970 South Salem

323 Lafayette St Unit 7, Salem, MA

This home is located at 323 Lafayette St Unit 7, Salem, MA 01970 since 02 September 2020 and is currently estimated at $443,264, approximately $353 per square foot. This property was built in 1920. 323 Lafayette St Unit 7 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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