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185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$202,000
Est. $1,718/month
1
Beds
1
Baths
840
Sq Ft
$240
Price/Sq Ft
0.12
Acres
1924
Year Built
12
Days on Market
Closed Listed Sep 3, 2019 • MLS# 72558158 Copied!

About this home

More Affordable Than Renting! Beautiful, Bright, Sunny And Comfortable One Bedroom Condo Within Walking Distance Of Downtown Salem and Commuter Rail. Spacious, Second Floor Condo With Nice Hardwood Floors And High Ceilings. Open Concept Living Room And Dining Room With Decorative Arch and A Juliette Balcony Off The Living Room. Windows Replaced Six Years Ago. One Car Garage. Plenty Of Storage Space With Lots Of Closets And Additional Storage In Basement. Washer and Dryer for Unit Located In Basement. Heat AND Hot Water Is Included In The Very Affordable Condo Fee Of $300 Per Month. Newer Gas Heating Unit. Enjoy All Salem Has To Offer With This Very Walkable Location To Downtown Salem With It"s Restaurants, Peabody / Essex Museum, Salem Common, Pickering Wharf, Derby Wharf, Commuter Rail To Boston & The Ferry to Downtown Boston!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1924
Bedrooms
1
Full Bathrooms
1
Living Area
840 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $199,999
Final Sale Price: $202,000
Difference: +$2,001 (+1.0%)
Performance Metrics
101.0%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $238
Sale $/sq ft: $240
This property sold for $240 per square foot
Sale Summary

This property sold for 1.0% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$240/sq ft
Area Average
$288/sq ft
Difference
16.6%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1924
Living Area 840 sq ft
Lot Size 0.12 acres
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Hot Water, Natural Gas
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

Construction Stone
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Common, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,357
Assessed Value $156,100

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1924
Structure Type: Garden
Exterior Materials: Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Detached, Off Street, Common, Paved

Location

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Neighborhood

185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $196
Homeowners Insurance $200
HOA Fee $300/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

47.4%
Price Range
13
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73474877
Full transaction history available when tracking began
🏡
Currently Listed
Feb 6, 2026
$379,900
MLS #73474877 - Active
Previous Transaction - MLS #73140472
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 31, 2023
$310,000
MLS #73140472
Sold
Nov 4, 2019
$202,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 3, 2019
$199,999
Original listing
Agent: Andrea Dodge Office: Coldwell Banker Residential Brokerage - Marblehead

Price & Status History

Date Event Price Change
Feb 23, 2026 Sold $379,900
Aug 31, 2023 Sold $310,000
Sep 3, 2019 New Listing Added $199,999

Market Statistics

Days on Market
12 days
Price per Sq Ft
$240

Tax History

Year Taxes Assessment
2019 $2,357 $156,100

Financial Details

Annual Property Tax
$2,357
Tax Year 2019
HOA Fee
$300
Monthly
Assessed Value
$156,100

Listing Information

Listing Agent Andrea Dodge
Listing Office Coldwell Banker Residential Brokerage - Marblehead
Agent MLS ID CT002848
Office MLS ID C75100
Listing Data Updated Nov 4, 2019 4:00 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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