Seller's Agent in 2022
Debbie Moore
Moore-Tuttle & Company
(978) 502-7683
1 in this area
26 Total Sales
437 Lafayette St Salem, MA 01970
South Salem NeighborhoodEstimated Value: $1,101,000 - $1,466,650
3
Beds
3.5
Baths
3,236
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Ocean View
- Medical Services
- Waterfront
- Private Water Access
- In Ground Pool
- Deck
About This Home
As of October 2022WATERFRONT OPPORTUNITY! This gem has water views from almost every room! Estate Sale being sold as is. Excellent, private location with bay/ocean frontage. Needs a lovingly done face lift to bring this home back to its original glory. Roof was redone 10+ yrs ago. Original Interior with quality workmanship and materials. First floor has kitchen, laundry, dining area opening to a small family room with fireplace, large formal living room with fireplace, half bath, Master bedroom and bath, second bedroom with own bath. Lower level has second kitchen area, bedroom and full bath, sauna, family room with fireplace and 2nd open living/dining area. There are sliders to exterior and inground pool plus a second laundry area with additional storage. This home has tons of closet space and many custom built ins. There are several attic spaces. Under the 2 car oversized, attached garage is an additional storage bay with access from the exterior. Come make this your forever home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,335
Year Built
- Built in 1977
Lot Details
- 9,858 Sq Ft Lot
- Waterfront
- Irregular Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Driveway
- Open Parking
- Off-Street Parking
Property Views
- Ocean
- Bay
- Scenic Vista
Home Design
- Ranch Style House
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,236 Sq Ft Home
- 2 Fireplaces
- Insulated Windows
- Washer Hookup
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- In Ground Pool
- Private Water Access
- Deck
- Patio
Location
- Property is near public transit
- Property is near schools
Utilities
- Central Air
- Heating System Uses Oil
- Baseboard Heating
- Tankless Water Heater
Listing and Financial Details
- Assessor Parcel Number M:32 L:0421,2134514
Community Details
Overview
- No Home Owners Association
Amenities
- Medical Services
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2022
Closed on
Oct 17, 2022
Sold by
Moore Richard T Est
Bought by
Labbe Kevin D and Stimolo Leigh
Seller's Agent
Debbie Moore
Moore-Tuttle & Company
Buyer's Agent
Melissa Weinand
William Raveis R.E. & Home Services
List Price
$1,000,000
Sold Price
$920,000
Premium/Discount to List
-$80,000
-8%
Views
139
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
$349,163
Avg. Annual Appreciation
8.95%
Original Mortgage
$1,170,000
Outstanding Balance
$1,134,054
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$50,744
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 |
|---|---|---|---|
| Labbe Kevin D | $920,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Labbe Kevin D | $1,170,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2022 10/17/22 | Sold | $920,000 | +0.1% | $284 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 08/10/2022 08/10/22 | Price Changed | $919,000 | -8.1% | $284 / Sq Ft |
| 08/01/2022 08/01/22 | For Sale | $1,000,000 | +8.7% | $309 / Sq Ft |
| 07/31/2022 07/31/22 | Off Market | $920,000 | -- | -- |
| 06/02/2022 06/02/22 | Price Changed | $1,000,000 | -9.1% | $309 / Sq Ft |
| 05/26/2022 05/26/22 | Price Changed | $1,100,000 | -8.3% | $340 / Sq Ft |
| 04/29/2022 04/29/22 | Price Changed | $1,200,000 | -7.7% | $371 / Sq Ft |
| 04/04/2022 04/04/22 | For Sale | $1,300,000 | -- | $402 / 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 | $13,776 | $1,214,800 | $399,700 | $815,100 |
| 2024 | $12,923 | $1,112,100 | $381,500 | $730,600 |
| 2023 | $12,456 | $995,700 | $351,200 | $644,500 |
| 2022 | $11,335 | $855,500 | $327,000 | $528,500 |
| 2021 | $11,168 | $809,300 | $314,900 | $494,400 |
| 2020 | $10,986 | $760,300 | $305,200 | $455,100 |
| 2019 | $11,018 | $729,700 | $302,800 | $426,900 |
| 2018 | $10,704 | $696,000 | $283,400 | $412,600 |
| 2017 | $10,136 | $639,100 | $235,000 | $404,100 |
| 2016 | $9,844 | $628,200 | $224,100 | $404,100 |
| 2015 | $9,798 | $597,100 | $224,100 | $373,000 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Moore
-
Melissa Weinand
M
Buyer's Agent in 2022
Melissa Weinand
William Raveis R.E. & Home Services
(781) 254-8669
10 in this area
245 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72961573
APN: SALE-000032-000000-000421
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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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