NOT LISTED FOR SALE

33 Lafayette Place Unit 1 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $514,000 - $608,000

2 Beds
1 Bath
1,176 Sq Ft
4,792 Sq Ft Lot

Last Sold October 28, 2021

Last sale price $430,000 $366 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,293/month

5 Days on Market

About This Home

As of October 2021

Spacious first floor condominium located on a quiet and charming street just steps away from historic downtown Salem and the Marina: high ceilings, crown moldings, hardwood floors, fireplace, plenty of light and windows, and architectural details. Large eat-in granite kitchen with island, stainless steel appliances, and a walk-in pantry. Formal dining room currently being used as a second living room and can easily accommodate all your dining guests. Year round sun-room or use it as your office. Enjoy your weekends in the landscaped, fenced backyard. This home also offers tons of extra storage and your own laundry in the full basement, off-street parking and a private garage space. New boiler installed in 2016 and newer windows. Minutes to the ocean, parks, bike paths, the commuter rail, fabulous restaurants, seasonal farmers market, Salem State and the world-class PEM. Open House Saturday 1-3 and Sunday 1130-1

Last Agent to Sell the Property

Cesar Mancebo

Nina-Soto Realty, LLC License #454007550 Listed on: 09/07/2021

Last Buyer's Agent

Ethan Forrest

The Aland Realty Group LLC

The Aland Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,286

Year Built

  • 1917

Lot Details

  • 4,792

Parking

  • 1

Utilities

  • 1 Heating Zone

Community Details

  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,286

Year Built

1917

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Carport Y N: No
  • Directions: lafayette st to Lafayette Pl
  • Garage Yn: Yes
  • Structure Type: 2/3 Family
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1917

Interior Features

  • Appliances: Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Entry Location: Unit Placement(Street)
  • Master Bathroom Features: No
  • MAIN LO: AN6324
  • MAIN SO: AN2383
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Interior Amenities: Sun Room
  • Stories: 2
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden
  • Construction Type: Stone
  • Disclosures: No Association Fee; Bills Are Split 50/50 With Unit 2
  • Fencing: Fenced
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Detached, Common, Off Street, Deeded, Paved
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Window Unit(s)
  • Heating: Natural Gas
  • HEAT ZONES: 1
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating Yn: Yes
  • Laundry Features: In Building
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Park
  • Pets Allowed: Yes

Lot Info

  • LOT SIZE: 4835
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4862
  • Tax Book Number: 35624
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Oct 28, 2021
Sold by
Wilson George R
Bought by
Brett Baker Bourgeois Lt and Brenon
Seller's Agent
Cesar Mancebo
Nina-Soto Realty, LLC
Buyer's Agent
Ethan Forrest
The Aland Realty Group LLC
List Price
$389,000
Sold Price
$430,000
Premium/Discount to List
$41,000
10.54%
Current Estimated Value
$541,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,555
Avg. Annual Appreciation
5.83%
Original Mortgage
$387,000
Outstanding Balance
$352,141
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$189,414

Purchase Details

Closed on
Aug 19, 2019
Sold by
Wilson George R and Wilson Margaret
Bought by
Wilson George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 20, 2017
Sold by
Wenninger Stephan and Wenninger Sarah
Bought by
Wilson George R and Wilson Margaret
Seller's Agent
Jodie Salasny
Buyer's Agent
Cesar Mancebo
Nina-Soto Realty, LLC
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$270,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2004
Sold by
Johnson
Bought by
Wenninger Stephan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,600
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brett Baker Bourgeois Lt $430,000 None Available
Wilson George R -- --
Wilson George R $300,000 --
Wenninger Stephan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brett Baker Bourgeois Lt $387,000
Previous Owner Wilson George R $260,000
Previous Owner Wilson George R $270,000
Previous Owner Wenninger Stephan $56,100
Previous Owner Wenninger Stephan $225,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2021 10/28/21 Sold $430,000 +10.5% $366 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $389,000 +29.7% $331 / Sq Ft
01/20/2017 01/20/17 Sold $300,000 0.0% $255 / Sq Ft View Prior Sale
11/26/2016 11/26/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $300,000 -- $255 / 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 $5,286 $466,100 $0 $466,100
2024 $5,177 $445,500 $0 $445,500
2023 $5,107 $408,200 $0 $408,200
2022 $4,940 $372,800 $0 $372,800
2021 $4,862 $352,300 $0 $352,300
2020 $4,725 $327,000 $0 $327,000
2019 $4,485 $297,000 $0 $297,000
2018 $4,162 $270,600 $0 $270,600
2017 $4,079 $257,200 $0 $257,200
2016 $3,861 $246,400 $0 $246,400
2015 $3,866 $235,600 $0 $235,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cesar Mancebo

    Nina-Soto Realty, LLC

    Section Image
  • Ethan Forrest

    Buyer's Agent in 2021

    Ethan Forrest

    The Aland Realty Group LLC

    (978) 239-6418

    1 in this area

    70 Total Sales

    Ethan Forrest
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890740

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000507-000801-000801

Massachusetts Essex County Salem 01970 South Salem

33 Lafayette Place Unit 1, Salem, MA

Not Listed for Sale

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