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185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$310,000
Est. $2,332/month
1
Beds
1
Baths
840
Sq Ft
$369
Price/Sq Ft
0.12
Acres
1924
Year Built
6
Days on Market
Closed Listed Jul 25, 2023 • MLS# 73140472 Copied!

About this home

Introducing a fantastic 1-bed, 840 sq ft Condo, ideal for students or remote workers. Well-designed layout with multiple in-home office areas for comfortable studying or working. Enjoy a bright, sunny ambiance with abundant natural light from many windows. Ample storage, fresh harbor breezes, and a Juliette balcony. Deeded garage, 10x12 storage room, and private washer/dryer in basement for added convenience. Multiple units are available for sale in this property! Open Houses Saturday and Sunday 12-2pm. Beginning on 07/29/23.

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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
3
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $305,000
Final Sale Price: $310,000
Difference: +$5,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $363
Sale $/sq ft: $369
This property sold for $369 per square foot
Sale Summary

This property sold for 1.6% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$369/sq ft
Area Average
$308/sq ft
Difference
+19.8%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

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 3

Interior

Heating Baseboard, Oil
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

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

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Paved, Exclusive Parking
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $2,871
Assessed Value $229,500

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1924
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Detached, Paved, Exclusive Parking

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 $239
Homeowners Insurance $200
HOA Fee $325/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

46.8%
Price Range
9
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
Sold
Aug 31, 2023
$310,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Jul 25, 2023
$305,000
Original listing
Agent: Stephen Pereira Office: Dell Realty Inc.
Previous Transaction - MLS #72558158
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 4, 2019
$202,000
MLS #72558158

Price & Status History

Date Event Price Change
Feb 23, 2026 Sold $379,900
Jul 25, 2023 New Listing Added $305,000
Nov 4, 2019 Sold $202,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$369

Tax History

Year Taxes Assessment
2023 $2,871 $229,500

Financial Details

Annual Property Tax
$2,871
Tax Year 2023
HOA Fee
$325
Monthly
Assessed Value
$229,500

Listing Information

Listing Agent Stephen Pereira
Listing Office Dell Realty Inc.
Agent MLS ID CN225031
Office MLS ID AN1378
Listing Data Updated Sep 1, 2023 7:05 AM EDT
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

185 Lafayette St # 3, Salem MA 01970 - Photo 1 185 Lafayette St # 3, Salem MA 01970 - Photo 2 185 Lafayette St # 3, Salem MA 01970 - Photo 3 185 Lafayette St # 3, Salem MA 01970 - Photo 4 185 Lafayette St # 3, Salem MA 01970 - Photo 5 185 Lafayette St # 3, Salem MA 01970 - Photo 6 185 Lafayette St # 3, Salem MA 01970 - Photo 7 185 Lafayette St # 3, Salem MA 01970 - Photo 8 185 Lafayette St # 3, Salem MA 01970 - Photo 9
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