NOT LISTED FOR SALE

328 Lafayette St Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $324,000 - $386,000

1 Bed
1 Bath
674 Sq Ft
$160/mo HOA Fee

Last Sold December 20, 2021

Last sale price $290,000 $430 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,431/month

4 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • French Doors
  • Wood Flooring

About This Home

As of December 2021

Great one bedroom, one bath condominium that checks off a lot of the boxes. Well located near Salem State University and a short distance to town, train, restaurants and two blocks from Forest River Park which offers two beaches and lovely ocean views. This unit is located on the first level and has an eat-in-kitchen with abundant cabinet space, new flooring, French doors to a large private deck, over looking a lovely fenced in yard for three season enjoyment. The living room offers a decorative fireplace with marble mantle, lots of windows for great light and newly refinished hardwood floors. The bedroom also has hard wood floors, great light from the many windows and a double closet. Along with all these wonderful features there is 2 car off street parking accessed from a quiet residential street, washer/dryer in unit, ample basement storage, PET FRIENDLY and low condo fee. Take the time to see this one as it will be well worth it!

Last Agent to Sell the Property

Terryanne St. Pierre

MerryFox Realty Listed on: 11/03/2021

Last Buyer's Agent

Robin O'donnell

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,531

Year Built

  • 1870

Lot Details

  • 6,970

HOA Fees

  • $160 per month

Interior Spaces

  • French Doors
  • Exterior Basement Entry
  • Washer and Electric Dryer Hookup

Kitchen

  • Stove
  • Stainless Steel Appliances

Flooring

  • Wood
  • Vinyl

Additional Features

  • Deck
  • 1 Heating Zone

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,531

Year Built

1870

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Directions: Lafayette near Salem State College
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Garden, Attached
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1870

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Entry Location: Unit Placement(Street)
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Room Kitchen Level: Main
  • Room Kitchen Features: Flooring - Vinyl, French Doors, Cabinets - Upgraded, Deck - Exterior, Dryer Hookup - Electric, Exterior Access, Stainless Steel Appliances, Washer Hookup, Gas Stove
  • Room Living Room Level: Main
  • Room Living Room Features: Flooring - Hardwood
  • MAIN LO: C95279
  • LIST PRICE PER Sq Ft: 355.93
  • PRICE PER Sq Ft: 430.27
  • MAIN SO: C95098
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile, Hardwood
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle, Slate, Rubber
  • Construction Type: Frame
  • Disclosures: Sellers Have Never Occupied The Property, Dishwasher And Washing Machine To Be Replaced Priorto Closing. Fee Does Not Include Yard Or Snow Removal Which They Currently Share Responsibility
  • Patio And Porch Features: Deck
  • Waterfront Features: Beach Front, Harbor, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • SEWAGE DISTRICT: SESD
  • HEAT ZONES: 1
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Main Level, Electric Dryer Hookup, Washer Hookup, First Floor
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • UNIT BUILDING: 1
  • MANAGEMENT: Owner Association
  • Association Fee: 160
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access
  • Pets Allowed: Yes

Fee Information

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

Schools

  • Elementary School: First Choice
  • High School: Salem
  • Middle Or Junior School: Collins

Lot Info

  • LOT SIZE: 6839
  • PAGE: 375
  • OUTDOOR SPACE AVAILABLE: Yes - Private
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6969.6
  • Zoning: R2

Multi Family

  • NO UNITS OWNER OCC: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2831.76
  • Tax Book Number: 35380
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Dec 20, 2021
Sold by
Poppe Ft
Bought by
Nunn Lynde T and Nunn Thomas D
Seller's Agent
Terryanne St. Pierre
MerryFox Realty
Buyer's Agent
Robin O'donnell
Keller Williams Realty Evolution
List Price
$239,900
Sold Price
$290,000
Premium/Discount to List
$50,100
20.88%
Total Days on Market
4
Current Estimated Value
$352,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,320
Avg. Annual Appreciation
6.19%
Original Mortgage
$232,000
Outstanding Balance
$216,371
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$140,440

Purchase Details

Closed on
Oct 25, 2016
Sold by
Poppe James W and Poppe Pamela J
Bought by
Poppe Ft
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 Buyer Sale Price Title Company
Nunn Lynde T $290,000 None Available
Poppe Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunn Lynde T $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $290,000 +20.9% $430 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $239,900 -- $356 / 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 $3,531 $311,400 $0 $311,400
2024 $3,413 $293,700 $0 $293,700
2023 $3,220 $257,400 $0 $257,400
2022 $2,878 $217,200 $0 $217,200
2021 $2,832 $205,200 $0 $205,200
2020 $2,799 $193,700 $0 $193,700
2019 $2,661 $176,200 $0 $176,200
2018 $2,412 $156,800 $0 $156,800
2017 $2,365 $149,100 $0 $149,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72915588

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000214-000801-000801