NOT LISTED FOR SALE

331 Lafayette St Unit 1 Salem, MA 01970

South Salem Neighborhood
-- Bed
1 Bath
25,164 Sq Ft
0.82 Acres

About This Home

This home is located at 331 Lafayette St Unit 1, Salem, MA 01970. 331 Lafayette St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2016
Sold by
Lee Family Enterprises
Bought by
331 Lafayette Llc

Purchase Details

Closed on
Jun 28, 2002
Sold by
331 & 3 Lafayette St Nt
Bought by
Lee Family Ent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
331 Lafayette Llc $1,500,000 --
Lee Family Ent $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 331 Lafayette Llc $7,500,000
Previous Owner Lee Family Ent $710,000
Previous Owner Lee Family Ent $600,000
Previous Owner Lee Family Ent $560,000
Source: Public Records

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 $85,384 $3,774,700 $900,600 $2,874,100
2024 $83,311 $3,516,700 $815,300 $2,701,400
2023 $77,720 $3,078,000 $777,400 $2,300,600
2022 $79,985 $3,040,100 $739,500 $2,300,600
2021 $81,285 $2,945,100 $692,100 $2,253,000
2020 $78,016 $2,745,100 $663,600 $2,081,500
2019 $72,749 $2,461,900 $587,800 $1,874,100
2018 $40,600 $1,354,700 $530,900 $823,800
2017 $24,799 $826,900 $416,600 $410,300
2016 $24,435 $826,900 $416,600 $410,300
2015 $24,253 $782,600 $372,000 $410,600
Source: Public Records

Map

Massachusetts Essex County Salem 01970 South Salem

331 Lafayette St Unit 1, Salem, MA

This home is located at 331 Lafayette St Unit 1, Salem, MA 01970. 331 Lafayette St Unit 1 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton Elementary School.

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