$290,000
SOLD AUG 20, 2021

327 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood
1 Bed
1 Bath
740 Sq Ft
$140/mo HOA Fee

Recently Sold

$392 Per Sq Ft

16% Above List Price

8 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Golf Course Community
  • Waterfront
  • Property is near public transit

About This Home

As of August 2021

Welcome to the vibrant city of Salem by the sea. Charming one-bedroom condominium, private 14x13 rooftop deck, great for cooking out, pot planting, and get-togethers.Cute little alcoves and built-ins. Close to ocean and forest river park. Salem State University is nearby. Quiet neighborhood. One mile to downtown are and T ( Express train into Boston) and the renowned Peabody Essex Museum. Two car parking. Laundry. Shared yard with patio and firepit. Low condo fee $140.00 a month. Appointments start Friday@ 5:00 PM July 23, 2021

Last Agent to Sell the Property

Susan Keenan

RE/MAX 360 License #454000607 Listed on: 07/21/2021

RE/MAX 360

Last Buyer's Agent

Maria Dicenso

Chinatti Realty Group, Inc.

Chinatti Realty Group, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,864

Year Built

  • Built in 1920

Lot Details

  • Waterfront
  • Near Conservation Area
  • Garden

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 740 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laundry in Basement
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 4559533

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure
  • 4 Units
  • Mid-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,864

Year Built

Built in 1920

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Mid-Rise
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Vinyl, Laminate
  • Interior Amenities: Internet Available - Broadband
  • Fireplace YN: No
  • Appliances: Range,Refrigerator, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: No
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Third
  • Living Area: 740
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN4305
  • LIST PRICE PER Sq Ft: 337.7
  • PRICE PER Sq Ft: 391.89
  • MAIN SO: BB3875

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Patio And Porch Features: Deck, Deck - Roof, Deck - Wood
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Laundry
  • Association Fee: 140
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University
  • UNIT BUILDING: 3
  • MANAGEMENT: Owner Association

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure

Lot Info

  • Parcel Number: 4559533
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 104

Rental Info

  • Pets Allowed: Breed Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2863.5
  • Tax Book Number: 37463

Multi Family

  • Number Of Units Total: 4
  • NO UNITS OWNER OCC: 4

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
$360,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,860
Avg. Annual Appreciation
5.72%
Original Mortgage
$246,500
Outstanding Balance
$227,026
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$133,834

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
13.25%

Purchase Details

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

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Range of Values:

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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 $290,000 None Available
Condominium Deed $114,700 --
Deed $85,000 --
Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $246,500 Purchase Money Mortgage
Previous Owner $20,000 Credit Line Revolving
Previous Owner $86,000 New Conventional
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: 72869320

MLS Property Information Network (MLS PIN)

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