BMN Boston

Get our mobile app!

Download on the App Store

195 Lafayette St # 4, Salem MA 01970

Salem, MA 01970 • Downtown
$570,000
Est. $3,804/month
2
Beds
1.5
Baths
1,268
Sq Ft
$450
Price/Sq Ft
1930
Year Built
17
Days on Market
Closed Listed Apr 10, 2025 • MLS# 73357845 Copied!

About this home

Come check out this beautiful condo with period architectural details with bay windows, high ceilings and a stately brick facade. This unit offers the convenience of being a short distance from vibrant downtown Salem, The commuter rail station, and Salem State University. Move in ready that offers lots of natural light with 2 bedrooms and 1 and 1 1/2 half baths, hardwood floors throughout, crown and dental moldings. Recently completely renovated with a gourmet kitchen with plenty of counter and cabinet space. This unit has its own laundry hook up in the basement along with a large workshop and plenty of storage space. The hot water boiler is less than a year old with a transferable warranty. Parking for 1 car off street. First showing at the Open House 12 - 2 PM Sunday April 13.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1930
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,268 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $559,900
Final Sale Price: $570,000
Difference: +$10,100 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $442
Sale $/sq ft: $450
This property sold for $450 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$450/sq ft
Area Average
$332/sq ft
Difference
+35.7%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 1,268 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer
Fireplace None
Basement Y
Laundry In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric Circuit Breakers, 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $5,067
Assessed Value $446,800

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1930
Structure Type: Garden
Exterior Materials: Brick, Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

Loading map...

Neighborhood

Downtown

195 Lafayette St # 4, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

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 $422
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

1.8%
Price Range
19
Total Days on Market

Property Timeline

Sold
May 8, 2025
$570,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Apr 10, 2025
$559,900
Original listing
Agent: Philip O'Donnell Office: Aluxety

Price & Status History

Date Event Price Change
Apr 10, 2025 New Listing Added $559,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$450

Tax History

Year Taxes Assessment
2025 $5,067 $446,800

Financial Details

Annual Property Tax
$5,067
Tax Year 2025
HOA Fee
$300
Monthly
Assessed Value
$446,800

Listing Information

Listing Agent Philip O'Donnell
Listing Office Aluxety
Agent MLS ID C8000753
Office MLS ID AN8387
Listing Data Updated May 8, 2025 9:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

195 Lafayette St # 4, Salem MA 01970 - Photo 1 195 Lafayette St # 4, Salem MA 01970 - Photo 2 195 Lafayette St # 4, Salem MA 01970 - Photo 3 195 Lafayette St # 4, Salem MA 01970 - Photo 4 195 Lafayette St # 4, Salem MA 01970 - Photo 5 195 Lafayette St # 4, Salem MA 01970 - Photo 6 195 Lafayette St # 4, Salem MA 01970 - Photo 7 195 Lafayette St # 4, Salem MA 01970 - Photo 8 195 Lafayette St # 4, Salem MA 01970 - Photo 9 195 Lafayette St # 4, Salem MA 01970 - Photo 10 195 Lafayette St # 4, Salem MA 01970 - Photo 11 195 Lafayette St # 4, Salem MA 01970 - Photo 12 195 Lafayette St # 4, Salem MA 01970 - Photo 13 195 Lafayette St # 4, Salem MA 01970 - Photo 14 195 Lafayette St # 4, Salem MA 01970 - Photo 15 195 Lafayette St # 4, Salem MA 01970 - Photo 16 195 Lafayette St # 4, Salem MA 01970 - Photo 17 195 Lafayette St # 4, Salem MA 01970 - Photo 18 195 Lafayette St # 4, Salem MA 01970 - Photo 19 195 Lafayette St # 4, Salem MA 01970 - Photo 20 195 Lafayette St # 4, Salem MA 01970 - Photo 21 195 Lafayette St # 4, Salem MA 01970 - Photo 22 195 Lafayette St # 4, Salem MA 01970 - Photo 23 195 Lafayette St # 4, Salem MA 01970 - Photo 24 195 Lafayette St # 4, Salem MA 01970 - Photo 25 195 Lafayette St # 4, Salem MA 01970 - Photo 26 195 Lafayette St # 4, Salem MA 01970 - Photo 27 195 Lafayette St # 4, Salem MA 01970 - Photo 28 195 Lafayette St # 4, Salem MA 01970 - Photo 29 195 Lafayette St # 4, Salem MA 01970 - Photo 30 195 Lafayette St # 4, Salem MA 01970 - Photo 31 195 Lafayette St # 4, Salem MA 01970 - Photo 32 195 Lafayette St # 4, Salem MA 01970 - Photo 33 195 Lafayette St # 4, Salem MA 01970 - Photo 34 195 Lafayette St # 4, Salem MA 01970 - Photo 35 195 Lafayette St # 4, Salem MA 01970 - Photo 36 195 Lafayette St # 4, Salem MA 01970 - Photo 37 195 Lafayette St # 4, Salem MA 01970 - Photo 38 195 Lafayette St # 4, Salem MA 01970 - Photo 39 195 Lafayette St # 4, Salem MA 01970 - Photo 40
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour