48 Lafayette Place Unit A Salem, MA 01970
South Salem NeighborhoodEstimated Value: $595,000 - $656,000
2
Beds
1.5
Baths
1,276
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Custom Closet System
- Golf Course Community
- Open Floorplan
- 4-minute walk to Palmer Cove Park
About This Home
As of May 2024Welcome home to this charming 2-bed, 1.5-bath townhome in South Salem, just a mile from downtown. Hardwood floors, abundant storage, and natural light accentuate this inviting space. The first floor boasts a formal living room, galley kitchen flowing into the dining room, a convenient half bath, and a bonus living area with skylights, a gas stove, and backyard access. Upstairs, two well-appointed bedrooms with plentiful closet space await along with a full bath. Outdoor enthusiasts will love the fenced backyard with a spacious patio. Minutes to the ocean, parks, bike paths, the MBTA commuter rail, Salem State University, and the quaint downtown's of Salem and Marblehead.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,312
Year Built
- Built in 1980
Lot Details
- Near Conservation Area
- Fenced Yard
- Fenced
- Garden
HOA Fees
- $200 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,276 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Skylights
- Decorative Lighting
- Living Room with Fireplace
- Wood Flooring
- Basement
- Laundry in Basement
Kitchen
- Range
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Walk-In Closet
Laundry
- Dryer
- Washer
Outdoor Features
- Walking Distance to Water
- Patio
Location
- Property is near public transit
- Property is near schools
Schools
- Saltonstall Elementary And Middle School
- Salem/Charter High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 2135388
Community Details
Overview
- Association fees include insurance, maintenance structure
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Golf Course Community
- Community Pool
- Park
- Jogging Path
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 23, 2009
Sold by
Greener William K and Greener Joan E
Bought by
Greenier Ft
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 16, 1993
Sold by
Cherry John G and Long Elizabeth
Bought by
Greener William K and Greener Joan
Purchase Details
Closed on
Jul 30, 1987
Sold by
Palamara Paula
Bought by
Cherry John G
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Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greenier Ft | -- | -- | |
| Greener William K | -- | -- | |
| Greener William K | -- | -- | |
| Greener William K | $105,000 | -- | |
| Greener William K | $105,000 | -- | |
| Cherry John G | $162,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bertoldi Lindsay N | $480,000 | |
| Closed | Bertoldi Lindsay N | $480,000 | |
| Closed | Muse James M | $320,040 | |
| Closed | Greener Ft | $105,000 | |
| Closed | Cherry John G | $120,000 | |
| Closed | Cherry John G | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $600,000 | +9.3% | $470 / Sq Ft |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | For Sale | $549,000 | -- | $430 / 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 | $5,514 | $486,200 | $0 | $486,200 |
| 2024 | $5,312 | $457,100 | $0 | $457,100 |
| 2023 | $5,147 | $411,400 | $0 | $411,400 |
| 2022 | $4,872 | $367,700 | $0 | $367,700 |
| 2021 | $4,794 | $347,400 | $0 | $347,400 |
| 2020 | $4,786 | $331,200 | $0 | $331,200 |
| 2019 | $4,536 | $300,400 | $0 | $300,400 |
| 2018 | $4,094 | $266,200 | $0 | $266,200 |
| 2017 | $4,008 | $252,700 | $0 | $252,700 |
| 2016 | $3,687 | $235,300 | $0 | $235,300 |
| 2015 | $3,764 | $229,400 | $0 | $229,400 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Kapnis
B
Seller's Agent in 2024
Benjamin Kapnis
Aluxety
1 in this area
3 Total Sales
-
Michael Foxx
Buyer's Agent in 2024
Michael Foxx
Amo Realty - Boston City Properties
(617) 462-4283
1 in this area
42 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73213551
APN: SALE-000033-000000-000755-000801-000801
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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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