343 Lafayette St Unit 1 Salem, MA 01970
South Salem NeighborhoodEstimated Value: $425,000 - $478,000
3
Beds
1
Bath
1,221
Sq Ft
$210/mo
HOA Fee
About This Home
As of February 2022Blazing sunshine sparkles throughout this sprawling floor-through three bedroom condominium with garage parking in bustling Salem! Perfectly positioned between the beautiful campus of Salem State University and Forest River Park! The large living room has gleaming hardwood floors and incredible natural light! All three spacious bedrooms will appeal to owner occupants as well as investors looking to take advantage of the high demand rental market! The eat-in kitchen is fully equipped with stainless steel appliances and ample closet & counter space. There is also a laundry room which provides additional storage space. To complete the unit, residents will enjoy using the oversized sun room as well as a common yard! Fantastic investment property with a strong rental history or perfect starter home! Don't miss out on this opportunity!
Last Agent to Sell the Property
Gibson Sotheby's International Realty Listed on: 08/23/2021
Last Buyer's Agent
Emmanuel Paul
Redfin Corp.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,916
Year Built
- 1890
Lot Details
- 4,792
HOA Fees
- $210 per month
Parking
- 1
Community Details
Amenities
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2021
Closed on
Feb 25, 2022
Sold by
Fennessey David
Bought by
Little Tariana V and Meyer Jonas
Seller's Agent
Frank Celeste
Gibson Sotheby's International Realty
Buyer's Agent
Emmanuel Paul
Redfin Corp.
List Price
$379,000
Sold Price
$340,000
Premium/Discount to List
-$39,000
-10.29%
Total Days on Market
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,243
Avg. Annual Appreciation
8.24%
Original Mortgage
$272,000
Outstanding Balance
$255,434
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,809
Purchase Details
Listed on
Apr 11, 2019
Closed on
Apr 19, 2019
Sold by
343 Lafayette Llc
Bought by
Fennessey David
Seller's Agent
Ben Kovacs
Byrnes Real Estate Group LLC
Buyer's Agent
Ben Kovacs
Byrnes Real Estate Group LLC
Sold Price
$2,400
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$247,500
Interest Rate
4.4%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Little Tariana V | $340,000 | None Available | |
| Fennessey David | $330,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Little Tariana V | $272,000 | |
| Previous Owner | Fennessey David | $247,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $340,000 | -10.3% | $278 / Sq Ft |
| 01/14/2022 01/14/22 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $379,000 | 0.0% | $310 / Sq Ft |
| 06/01/2020 06/01/20 | Rented | $2,200 | 0.0% | -- |
| 04/26/2020 04/26/20 | Under Contract | -- | -- | -- |
| 04/13/2020 04/13/20 | Price Changed | $2,200 | -8.3% | $2 / Sq Ft |
| 02/26/2020 02/26/20 | For Rent | $2,400 | 0.0% | -- |
| 06/18/2019 06/18/19 | Rented | $2,400 | 0.0% | -- |
| 06/06/2019 06/06/19 | Off Market | $2,400 | -- | -- |
| 04/22/2019 04/22/19 | Sold | $330,000 | 0.0% | $275 / Sq Ft |
| 04/11/2019 04/11/19 | For Rent | $2,400 | 0.0% | -- |
| 03/13/2019 03/13/19 | Pending | -- | -- | -- |
| 02/22/2019 02/22/19 | For Sale | $330,000 | 0.0% | $275 / Sq Ft |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- |
| 02/12/2019 02/12/19 | Price Changed | $330,000 | -5.7% | $275 / Sq Ft |
| 01/30/2019 01/30/19 | For Sale | $350,000 | -- | $292 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $3,916 | $345,300 | $0 | $345,300 |
| 2024 | $3,823 | $329,000 | $0 | $329,000 |
| 2023 | $4,615 | $368,900 | $0 | $368,900 |
| 2022 | $4,476 | $337,800 | $0 | $337,800 |
| 2021 | $4,412 | $319,700 | $0 | $319,700 |
| 2020 | $4,358 | $301,600 | $0 | $301,600 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Celeste
Seller's Agent in 2022
Frank Celeste
Gibson Sothebys International Realty
(617) 872-3227
1 in this area
496 Total Sales
-
Buyer's Agent in 2022
Emmanuel Paul
Redfin Corp.
(617) 877-9560
-
Ben Kovacs
B
Seller's Agent in 2020
Ben Kovacs
Byrnes Real Estate Group LLC
(774) 217-2268
67 Total Sales
-
Tyson Lynch
Seller's Agent in 2019
Tyson Lynch
The Proper Nest Real Estate
(781) 244-5208
5 in this area
75 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72885211
APN: 32-0324-801
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 16 Loring Ave
- 14 Forest Ave
- 1 Shore Ave
- 275 Lafayette St
- 106 Broadway
- 106 Broadway Unit 3
- 106 Broadway Unit 2
- 106 Broadway Unit 1
- 26 Linden St
- 13 Raymond Rd
- 21 Laurel St
- 10 Eden St
- 6R Hazel Terrace Unit 6
- 6R Hazel Terrace Unit 8
- 71 Leach St Unit 3
- 2A Hazel St Unit 3
- 101 Leach St Unit 3
- 393 Jefferson Ave
- 73 Lawrence St
- 23 Pinecliff Dr
- 343 Lafayette St
- 343 Lafayette St Unit 3
- 343 Lafayette St Unit 2
- 343 Lafayette St Unit 1
- 339 Lafayette St
- 345 Lafayette St
- 6 West Ave
- 6 West Ave
- 6 West Ave
- 349 Lafayette St
- 8 West Ave
- 10 West Ave
- 4 Belleau Rd
- 335 Lafayette St
- 6 Belleau Rd
- 331 Lafayette St Unit 1
- 331 Lafayette St
- 333 Lafayette St
- 8 Belleau Rd
- 11 West Ave Unit 2