$330,000
SOLD APR 22, 2019

343 Lafayette St Unit 1 Salem, MA 01970

South Salem Neighborhood
3 Beds
1 Bath
1,200 Sq Ft
$200/mo HOA Fee

Recently Sold

$275 Per Sq Ft

42 Days on Market

About This Home

As of February 2022

Newly converted spacious Salem Condo. This first floor unit features gleaming hardwood floors, and an abundance of light. The updated stainless steel kitchen with quartz counter tops will be any cook's delight. With three ample sized bedrooms, renovated bathroom, freshly installed high efficient gas boiler, In-unit laundry, garage parking, and, common garden area, living in this unit is a dream. Conveniently located near, SSU, Salem Harbor and recreation of Forest River Park, and approximately 1.2 miles from vibrant downtown Salem. Easy access to MBTA bus lines and commuter lines to Boston.

Last Agent to Sell the Property

Tyson Lynch

The Proper Nest Real Estate Listed on: 01/30/2019

Last Buyer's Agent

Tyson Lynch

The Proper Nest Real Estate Listed on: 01/30/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1890

Lot Details

  • Year Round Access

HOA Fees

  • $200 per month

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Radiator
  • Individual Controls for Heating
  • Natural Gas Water Heater

Additional Features

  • Basement

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,916

Year Built

Built in 1890

Lot Details

0

HOA Fees

$200 per month

Parking

1

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 275.00
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Laminate, Hardwood
  • Appliances: Range, Dishwasher
  • No Bedrooms: 3
  • Master Bedroom: On Level: First Floor, Dimension: 13X10
  • Bedroom 2: On Level: First Floor, Dimension: 11X11
  • Bedroom 3: On Level: First Floor, Dimension: 12X11
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 5
  • Kitchen: On Level: First Floor, Dimension: 15X11
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Dimension: 17X14
  • Basement: Y
  • No Living Levels: 1
  • Main Lo: C95243
  • Main So: C95243
  • Estimated Sq Ft: 1200.00

Exterior Features

  • Exterior: Clapboard
  • Exterior Unit Features: Porch, Porch - Enclosed, Garden Area

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heating: Hot Water Radiators, Individual, Unit Control
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Monthly
  • HOA Fees: 200.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Association Security: Intercom

Lot Info

  • Zoning: R3

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Assessor Parcel Number: 2134422

Multi Family

  • No Units: 3

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%
Current Estimated Value
$449,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,320
Avg. Annual Appreciation
8.30%
Original Mortgage
$272,000
Outstanding Balance
$255,434
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$191,893

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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Condominium Deed $340,000 None Available
Condominium Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $272,000 Purchase Money Mortgage
Previous Owner $247,500 New Conventional
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

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 $3,916 $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

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72447603

MLS Property Information Network (MLS PIN)

APN: 32-0324-801