NOT LISTED FOR SALE

448 Lafayette St Unit 2 Salem, MA 01970

South Salem Neighborhood

Estimated Value: $551,000 - $581,000

2 Beds
1 Bath
1,206 Sq Ft
$240/mo HOA Fee

Last Sold November 20, 2023

Last sale price $500,000 $415 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,691/month

7 Days on Market

Highlights

  • Golf Course Community
  • No Units Above
  • Bay View
  • Medical Services
  • Sauna
  • Waterfront

About This Home

As of November 2023

Imagine owning a home that offers not just a place to live, but a lifestyle filled w/ breathtaking harbor views, 2 car garage, & a dreamy custom kitchen. This remarkable & spacious 2 bedroom, 1 bath condo, w/ home office has it all, and it's waiting for you to call it home. As you step inside, you'll be greeted by the sheer beauty of this unique living space. 2 inviting balconies beckon you to step out & savor the outdoors, with the pièce de résistance being the expansive 37-foot rear deck. Picture yourself here, sipping your morning coffee or hosting al fresco dinners, all while overlooking the enchanting perennial gardens below. The interior is equally captivating. Modern kitchen awaits, boasting SS appliances, quartz counters, including a double oven & wine cooler. It's a culinary haven where your culinary creations will come to life. The open floor plan seamlessly connects the kitchen to the rest of the living space, creating an inviting atmosphere. Coastal living at its finest.

Last Agent to Sell the Property

Sean Connelly

William Raveis R.E. & Home Services Listed on: 10/10/2023

William Raveis R.E. & Home Services

Last Buyer's Agent

Danielle Murphy

Realty One Group Nest

Realty One Group Nest

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,663

Year Built

  • Built in 1945

Lot Details

  • Waterfront
  • Near Conservation Area
  • No Units Above
  • Garden

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,206 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Insulated Windows
  • Bay Window
  • Picture Window
  • French Doors
  • Home Office
  • Sauna
  • Bay Views
  • Basement

Kitchen

  • Breakfast Bar
  • Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • 1 Full Bathroom
  • Separate Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 1 Cooling Zone
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number M:31 L:0213 S:802,4897044

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal
  • 2 Units
  • 448 Lafayette Salem Condominium Trust Community

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,663

Year Built

Built in 1945

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1945
  • Buyer Agency: 2.0
  • Entry Level: 2
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood, Tile, Hardwood, Flooring - Hardwood
  • Interior Amenities: Office
  • Door Features: French Doors
  • Entry Location: Unit Placement(Upper)
  • Fireplace YN: No
  • Appliances: Oven,Dishwasher,Disposal,Countertop Range,Refrigerator,Washer,Dryer,Range Hood, Utility Connections for Gas Range, Utility Connections for Electric Oven
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Hardwood
  • Room Bedroom2 Area: 108
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Flooring - Hardwood, Window(s) - Picture
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 132
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Recessed Lighting, Steam / Sauna
  • Bathroom 1 Level: Second
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Hardwood, Window(s) - Picture
  • Room Dining Room Level: Second
  • Room Dining Room Area: 80
  • Room Kitchen Level: Second
  • Room Kitchen Features: Flooring - Hardwood, Window(s) - Picture, Balcony / Deck, Countertops - Stone/Granite/Solid, Kitchen Island, Breakfast Bar / Nook, Recessed Lighting, Stainless Steel Appliances, Wine Chiller
  • Room Kitchen Area: 288
  • Laundry Features: Second Floor, In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Area: 220
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Window(s) - Picture, Balcony / Deck, Recessed Lighting
  • Room Office Level: Second
  • Room Office Features: Flooring - Hardwood, Window(s) - Picture, French Doors
  • Basement: Y
  • Accessibility Features: No
  • Living Area: 1206
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Window(s) - Picture, Insulated Windows
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 414.51
  • PRICE PER Sq Ft: 414.59
  • MAIN SO: AN2888
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Deck, Deck - Wood, Deck - Composite, Balcony, Garden
  • Common Walls: No One Above
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Deck - Wood, Deck - Composite
  • Roof: Shingle
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Frontage, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Detached, Garage Door Opener, Deeded, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Oven, Washer Hookup
  • Cooling: Central Air
  • Heating: Central, Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Association Fee: 239.83
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 2
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: M:31 L:0213 S:802,4897044
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9679
  • Lot Size Units: Acres
  • PAGE: 551
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5663
  • Tax Book Number: 31078

Multi Family

  • Number Of Units Total: 2
  • Basement Included Sq Ft: No
  • Waterview: Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Nov 20, 2023
Sold by
Delorie Andrea M and Kelleher Thomas J
Bought by
Droz Eric
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
Danielle Murphy
Realty One Group Nest
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Views
159
Current Estimated Value
$562,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,341
Avg. Annual Appreciation
5.19%
Original Mortgage
$485,000
Interest Rate
7.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Droz Eric $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Droz Eric $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $500,000 0.0% $415 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $499,900 -- $415 / 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 $5,629 $496,400 $0 $496,400
2024 $5,801 $499,200 $0 $499,200
2023 $5,663 $452,700 $0 $452,700
2022 $5,570 $420,400 $0 $420,400
2021 $5,481 $397,200 $0 $397,200
2020 $5,373 $371,800 $0 $371,800
2019 $5,107 $338,200 $0 $338,200
2018 $4,743 $308,400 $0 $308,400
2017 $4,653 $293,400 $0 $293,400
2016 $4,403 $281,000 $0 $281,000
2015 $4,406 $268,500 $0 $268,500
Source: Public Records

Agents Affiliated with this Home

  • Sean Connelly

    Seller's Agent in 2023

    Sean Connelly

    William Raveis R.E. & Home Services

    (781) 631-2330

    2 in this area

    85 Total Sales

    Sean Connelly
    Section Image
  • Danielle Murphy

    Buyer's Agent in 2023

    Danielle Murphy

    Realty One Group Nest

    (978) 821-9070

    1 in this area

    38 Total Sales

    Danielle Murphy
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168596

MLS Property Information Network (MLS PIN)

APN: SALE-000031-000000-000213-000802-000802

Massachusetts Essex County Salem 01970 South Salem

448 Lafayette St Unit 2, Salem, MA

This home is located at 448 Lafayette St Unit 2, Salem, MA 01970 since 10 October 2023 and is currently estimated at $562,341, approximately $466 per square foot. This property was built in 1945. 448 Lafayette St Unit 2 is a home located in Essex County with nearby schools including Saltonstall School, Horace Mann Laboratory, and Carlton 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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