NOT LISTED FOR SALE

39 Lafayette Place Salem, MA 01970

South Salem Neighborhood

Estimated Value: $853,980 - $901,000

6 Beds
2 Baths
2,999 Sq Ft
$294/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $629,000 $210 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,508/month

147 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Porch
  • Deck
  • Fenced Yard
  • 5-minute walk to Palmer Cove Park

About This Home

As of November 2020

BACK on MARKET! Buyers Financing Fell through! Great Opportunity to own this Multi-Family Home on quiet Lafayette Place which leads to beautiful Salem Harbor. A few blocks from Salem State. This property with partial water views, has 4/2 bedrooms and 2 bathrooms. Featuring hardwood flooring, Large Kitchens and Living rooms. The second floor has two levels with 4 bedrooms and has expansion potential. Large back porches for each level. Fenced in yard. Full basement with plenty of storage possibilities. First floor is vacant and ready for occupancy. Sellers are motivated! Scheduled showings for Open House Saturday 9/26 beginning at Noon Covid prevention rules will apply. Please wear mask.

Last Agent to Sell the Property

Ron Supino

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 05/05/2020

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Mari Alix

Tache Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,902

Year Built

  • Built in 1920

Lot Details

  • 6,970

Property Views

  • Ocean
  • Marina
  • Harbor

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Additional Features

  • Wood Flooring
  • Fenced Yard
  • Oil Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,902

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 209.74
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Fireplaces: 2
  • Flooring: Hardwood
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4870
  • Main So: C86500
  • Estimated Sq Ft: 2999.00

Exterior Features

  • Waterview Features: Harbor, Marina, Ocean, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood, Gutters, Fenced Yard
  • Foundation: Poured Concrete, Concrete Block, Irregular

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 2000
  • Electric Features: Circuit Breakers, 200 Amps
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, Medical Facility, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 589600.00
  • Acre: 0.16
  • Lot Size: 7070.00
  • Page: 110
  • Parcel Number: M:33 L:0509
  • Zoning: R2
  • Lot Description: Corner

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Total Levels: 3
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 8520.00
  • Assessor Parcel Number: 2135123
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2020
Closed on
Jan 16, 2021
Sold by
Luciano Arabelis and Luciano Jose
Bought by
Luciano Arabelis and Luciano Jose
Seller's Agent
Ron Supino
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Mari Alix
Tache Real Estate, Inc.
List Price
$629,000
Sold Price
$629,000
Current Estimated Value
$881,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,495
Avg. Annual Appreciation
6.32%
Original Mortgage
$329,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2020
Closed on
Nov 23, 2020
Sold by
Vincent Izzi 2016 Ret
Bought by
Luciano Arabelis and Luciano Jose
Seller's Agent
Ron Supino
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Mari Alix
Tache Real Estate, Inc.
List Price
$629,000
Sold Price
$629,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
39 Lafayette Place Llc
Bought by
Vincent Izzi 2016 Ret and Izzi

Purchase Details

Closed on
Dec 22, 2014
Sold by
Izzi Vincent and Izzi Nancy A
Bought by
39 Lafayette Place Llc

Purchase Details

Closed on
Sep 30, 2014
Sold by
39 Lafayette Pl Llc
Bought by
Izzi Vincent and Izzi Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Izzi Nancy A and Pariseau Stephen R
Bought by
Pl 39 Lafayette

Purchase Details

Closed on
Jan 28, 1994
Sold by
Leclerc Cecile M
Bought by
Pariseau Robert and Pariseau Marueen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Luciano Arabelis -- None Available
Luciano Arabelis -- None Available
Luciano Arabelis $629,000 None Available
Vincent Izzi 2016 Ret -- --
Vincent Izzi 2016 Ret -- --
39 Lafayette Place Llc -- --
39 Lafayette Place Llc -- --
Izzi Vincent -- --
Izzi Vincent -- --
Pl 39 Lafayette -- --
39 Lafayette Pl -- --
Pariseau Robert $180,000 --
Pariseau Robert $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luciano Arabelis $50,000
Previous Owner Luciano Arabelis $329,000
Previous Owner Izzi Vincent $217,000
Previous Owner Pariseau Robert $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $629,000 0.0% $210 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/22/2020 09/22/20 For Sale $629,000 0.0% $210 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $629,000 0.0% $210 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $629,000 0.0% $210 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $629,000 -- $210 / 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 $8,902 $785,000 $265,000 $520,000
2024 $8,450 $727,200 $246,100 $481,100
2023 $8,179 $653,800 $227,200 $426,600
2022 $8,885 $670,600 $214,600 $456,000
2021 $8,621 $624,700 $214,600 $410,100
2020 $8,520 $589,600 $214,600 $375,000
2019 $8,497 $562,700 $208,200 $354,500
2018 $7,882 $512,500 $198,800 $313,700
2017 $7,503 $473,100 $179,800 $293,300
2016 $7,413 $473,100 $179,800 $293,300
2015 $7,163 $436,500 $167,200 $269,300
Source: Public Records

Agents Affiliated with this Home

  • Ron Supino

    Seller's Agent in 2020

    Ron Supino

    Berkshire Hathaway HomeServices Commonwealth Real Estate

    (978) 590-1628

    2 in this area

    53 Total Sales

    Ron Supino
    Section Image
  • Mari Alix

    Buyer's Agent in 2020

    Mari Alix

    Tache Real Estate, Inc.

    (508) 317-0820

    1 in this area

    10 Total Sales

    Mari Alix
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72655993

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000509

Massachusetts Essex County Salem 01970 South Salem

39 Lafayette Place, Salem, MA

This home is located at 39 Lafayette Place, Salem, MA 01970 since 05 May 2020 and is currently estimated at $881,495, approximately $293 per square foot. This property was built in 1920. 39 Lafayette Place is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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.

MLS Property Information Network (MLS PIN) 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.

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