NOT LISTED FOR SALE

327 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $327,000 - $384,000

1 Bed
1 Bath
758 Sq Ft
7,754 Sq Ft Lot

Last Sold August 20, 2021

Last sale price $290,000 $383 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,209/month

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Deck
  • Community Pool
  • Park

About This Home

As of June 2024

This is a great one bedroom apartment located walking distance to everything Salem has to offer including Salem State, the train, Forest River Park, and all of the shops and restaurants. There is a large private deck with space for gardening. The bedroom and living room both get great light and have cute built ins and great storage space. The kitchen and bath have both been recently updated. There are two assigned parking spaces.

Last Agent to Rent the Property

Maggie Slavet

RE/MAX Beacon Listed on: 06/01/2024

RE/MAX Beacon

Last Renter's Agent

Maggie Slavet

RE/MAX Beacon Listed on: 06/01/2024

RE/MAX Beacon

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 1920

Lot Details

  • 7,754

Parking

  • 2 Car Parking Spaces

Home Design

  • 758 Sq Ft Home
  • Entry on the 3rd floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • High Speed Internet

Additional Features

  • Laundry in unit
  • Deck

Listing and Financial Details

  • Security Deposit $1,800
  • Property Available on 7/1/24
  • Rent includes water, sewer, trash collection, snow removal, gardener, laundry facilities
  • 12 Month Lease Term
  • Assessor Parcel Number M:32 L:0230 S:803,4557526

Community Details

Overview

  • Property has a Home Owners Association
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,527

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2024-07-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: No
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 1800

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 1920
  • Entry Level: 3
  • Year Built Details: Actual
  • Year Round: Yes
  • CoOp Comp: tenant
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: No
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: In Unit
  • Room Living Room Level: Third
  • Accessibility Features: No
  • Living Area: 758
  • Spa YN: No
  • MAIN LO: AN8171
  • MAIN SO: AN8171

Exterior Features

  • Exterior Features: Deck - Roof
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof
  • Waterfront Features: 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Laundry Facilities
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:32 L:0230 S:803,4557526
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Aug 20, 2021
Sold by
Matkevicius Justin
Bought by
Hannigan Kathyleen
Seller's Agent
Susan Keenan
RE/MAX 360
Buyer's Agent
Maria Dicenso
Chinatti Realty Group, Inc.
List Price
$249,900
Sold Price
$290,000
Premium/Discount to List
$40,100
16.05%
Current Estimated Value
$363,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,743
Avg. Annual Appreciation
5.42%
Original Mortgage
$246,500
Outstanding Balance
$224,145
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,598

Purchase Details

Closed on
Apr 25, 2019
Sold by
Matkevicius Dawna L and Matkevicius Mark D
Bought by
Matkevicius Justin and Matul Elida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2013
Closed on
Dec 13, 2013
Sold by
Phillips Joyce A Est
Bought by
Matkevicius Mark D and Matkevicius Dawna L
Seller's Agent
Alison Lules-Cuccio
Don Baker Real Estate
Buyer's Agent
Susan Keenan
RE/MAX 360
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Nemirovsky Frederick and Nemirovsky Lidia
Bought by
Phillips Thomas N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Hannigan Kathyleen $290,000 None Available
Matkevicius Justin $114,700 --
Matkevicius Mark D $85,000 --
Phillips Thomas N $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannigan Kathyleen $246,500
Previous Owner Matkevicius Justin $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Rented $1,800 0.0% --
06/02/2024 06/02/24 Under Contract -- -- --
06/01/2024 06/01/24 For Rent $1,800 0.0% --
08/20/2021 08/20/21 Sold $290,000 +16.0% $392 / Sq Ft View Prior Sale
07/29/2021 07/29/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $249,900 +194.0% $338 / Sq Ft
12/13/2013 12/13/13 Sold $85,000 -14.6% $112 / Sq Ft View Prior Sale
10/08/2013 10/08/13 Pending -- -- --
08/14/2013 08/14/13 Price Changed $99,500 -0.3% $131 / Sq Ft
08/05/2013 08/05/13 Price Changed $99,750 -0.1% $132 / Sq Ft
07/18/2013 07/18/13 Price Changed $99,800 -0.1% $132 / Sq Ft
07/09/2013 07/09/13 Price Changed $99,890 0.0% $132 / Sq Ft
06/19/2013 06/19/13 Price Changed $99,895 0.0% $132 / Sq Ft
05/22/2013 05/22/13 Price Changed $99,899 0.0% $132 / Sq Ft
03/06/2013 03/06/13 For Sale $99,900 -- $132 / 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 $3,527 $311,000 $0 $311,000
2024 $3,417 $294,100 $0 $294,100
2023 $3,318 $265,200 $0 $265,200
2022 $3,017 $227,700 $0 $227,700
2021 $2,864 $207,500 $0 $207,500
2020 $2,787 $192,900 $0 $192,900
2019 $2,671 $176,900 $0 $176,900
2018 $2,565 $166,800 $0 $166,800
2017 $2,580 $162,700 $0 $162,700
2016 $2,352 $150,100 $0 $150,100
2015 $2,338 $142,500 $0 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73245744

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000230-000803-000803