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Sold for $1,250,000
  • $1,250,000

    450 Lafayette St, Salem, MA 01970

    5beds
    3,590sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $1,288,200 Zestimate®
    $348/sqft
    $3,303 Estimated rent

    Home value

    $1,288,200

    $1.16M - $1.43M

    $3,303/mo

    Zestimate® history
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    $3,303/mo

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    $3,303/mo

    Rent Zestimate®

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    $6,305/mo

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    $6,305/mo

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    What's special

    Use this home in its current 2-family configuration or easily convert it back to a beautiful single-family. Enjoy all the recreation this Stately Oceanside Home has to offer: calm bays, immediate fast access to the open Bountiful Atlantic Ocean-Enjoy boating and beaches, swimming, fishing, kayak, hiking the groomed network of conservation and public trails -amazing sunrises and sunsets-Take it to the limits of one’s imagination-Salem T Station 30 min to and from Boston TD Garden offers excellent service-Access MBTA Subway System Revere Wonderland Blueline with plenty of parking-Seasonal Salem Commuter Ferry to Long Whalf excellent rates for Salem residents-Logan Airport 30 min by vehicle. The townhouse rental unit offers a revenue stream to supplement expenses and overhead- Book your private showing today to see this Stately Oceanside Charming Home. An Exceptional Investment with a Rental Revenue Stream coupled with Boston Big City Employment and Salem Oceanside Living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Quail Team 978-406-9294,

    eXp Realty 888-854-7493

    Bought with:

    Tracy Salvi

    Keller Williams Realty Evolution

    Source: MLS PIN,MLS#: 73307430

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Hot Water, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    Features
    • Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
    • Flooring: Carpet, Hardwood, Other, Stone/Ceramic Tile
    • Basement: Full,Partially Finished,Interior Entry
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,590
    • Total interior livable area: 3,590 sqft

    Property

    Parking
    • Total spaces: 7
    • Parking features: Paved Drive, Off Street, Stone/Gravel
    • Garage spaces: 2
    • Uncovered spaces: 5
    Features
    • Patio & porch: Porch, Deck, Patio
    • Fencing: Fenced/Enclosed
    • Has view: Yes
    • View description: Scenic View(s), Water, Bay, Harbor, Ocean, Public Water View
    • Has water view: Yes
    • Water view: Bay,Harbor,Ocean,Public,Water
    • Waterfront features: Waterfront, Navigable Water, Ocean, Bay, Harbor, Marina, Marsh, Public, Beach Access, Harbor, Ocean, Walk to, 3/10 to 1/2 Mile To Beach
    Lot
    • Size: 8,150 sqft
    • Features: Wooded
    Details
    • Parcel number: M:31 L:0214,2133955
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Foundation: Block
    • Roof: Slate
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Private School, Public School, T-Station, University
    Location
    • Region: Salem

    HOA & financial

    Other financial information
    • Total actual rent: 2275

    Price history

    DateEventPrice
    1/17/2025Sold$1,250,000-6%$348/sqft
    Source: MLS PIN #73307430 Report a problem
    12/12/2024Contingent$1,330,000$370/sqft
    Source: MLS PIN #73307430 Report a problem
    11/25/2024Price change$1,330,000-5%$370/sqft
    Source: MLS PIN #73307430 Report a problem
    10/29/2024Listed for sale$1,399,900+174.5%$390/sqft
    Source: MLS PIN #73307430 Report a problem
    8/16/2000Sold$510,000$142/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,357 +8.3%$1,442,400 +11%
    2024$15,098 +2.4%$1,299,300 +10.2%
    2023$14,748 $1,178,900
    2022$14,748 +5.9%$1,178,900 +16.9%
    2021$13,920 +2.7%$1,008,700 +7.5%
    2020$13,557 -0.5%$938,200 +4%
    2019$13,628 +10.7%$902,500 +12.8%
    2018$12,306 +7.6%$800,100 +10.9%
    2017$11,438 +2.7%$721,200 +1.4%
    2016$11,141 +3%$711,000 +7.9%
    2015$10,814 +8.9%$659,000 +11.1%
    2014$9,928 +11.1%$593,400 +3.8%
    2012$8,939 -0.4%$571,900 -4.1%
    2011$8,971 +1.9%$596,100 -5.1%
    2010$8,800 -3.5%$628,100 -11%
    2009$9,119 +0.3%$705,800 -9.4%
    2008$9,094 +4.3%$779,300 -3.7%
    2007$8,717 +2.6%$809,400 +6.9%
    2006$8,492 +3.8%$757,500 +5.3%
    2005$8,183 +5.5%$719,100 +8.5%
    2004$7,758 +15.2%$662,500 +26.6%
    2003$6,734 +13.6%$523,200 +19.4%
    2002$5,930 +13.5%$438,300 +27.2%
    1999$5,226 +67.6%$344,500 +39.7%
    1994$3,119 $246,600

    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,288,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,288,200