245 Lafayette Street # 3B, Salem MA 01970

Salem, MA 01970
$280,000
2
Beds
1
Baths
874
Sq Ft
$320
Price/Sq Ft
1971
Year Built
1
Parking
9
Days on Market
Sold 2020 Listed Mar 9, 2020 • MLS# 72630214 Copied! • Updated May 1, 2020

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $279,000
Final Sale Price: $280,000
Difference: +$1,000 (+0.4%)
Performance Metrics
100.4%
List to Sale Ratio
Sold above asking price
9
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $319
Sale $/sq ft: $320
This property sold for $320 per square foot
Sale Summary

This property sold for 0.4% above the original asking price, indicating strong buyer demand.

With only 9 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 18 similar properties sold within 0.5 miles in the last 90 days

This Property
$320/sq ft
Area Median
$421/sq ft
Difference
23.9%

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

About this home

Well maintained Penthouse unit offers 2 beds, hardwood & laminate floors, living room opens to newly built balcony. The building is professionally managed, equipped with elevators, pet friendly, provides extra storage, and deeded parking (spot #5.) All this and easy access to Boston, trains, shopping, schools, restaurants, and beaches.

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Recently Sold Nearby

Price & Status History

Market Insights

55.7%
Price Range
11
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73601231
Full transaction history available when tracking began
🏡
Currently Listed
Nov 11, 2026
$465,000
MLS #73601231 - Active
✓
Sold
May 1, 2020
$280,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Mar 9, 2020
$279,000
Original listing
Agent: Joyce Sullivan Office: Keller Williams Realty
Previous Transaction - MLS #30697964
Full transaction history available when tracking began
🏷️
Previously Sold
May 30, 2003
$206,000
MLS #30697964

Tax History

Year Taxes Assessment
2020 $3,378 $233,800

Financial Details

Annual Property Tax
$3,378
Tax Year 2020
HOA Fee
$237
Monthly
Assessed Value
$233,800

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 874 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard
Cooling Wall Unit(s)
Flooring Tile, Laminate, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace None
Basement N
Laundry Common Area, In Building
Features None

Exterior

Construction Stone
Architecture None
Roof None
Features Porch, Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck - Composite
Features Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
Annual Tax $3,378
Assessed Value $233,800

HOA & Community

HOA Fee $237 Monthly
Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal
Amenities Hot Water, Laundry, Elevator(s)
Optional Fee Includes None
Seller Disclosures None
Exclusions See Mls Or Ask La To Provide
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 3B
Sq Ft Source Unit Floor Plan
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan, Management Association Bylaws, Floor Plans (6)
County Essex
Total market time (incl. prior listings) 11 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
874 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Tile, Laminate, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Common Area, In Building
Security: Intercom

Construction & Materials

Year Built: 1971
Effective Year (Renovated): 2002
Structure Type: Low-Rise
Exterior Materials: Stone
Roof:
Foundation:
Stories: 1

Utilities & Systems

Heating: Baseboard
Heating Zones: 1
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Composite
Patio & Porch: Porch, Deck - Composite
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Deeded
School District
Salem School District local
B-
⚠ School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
↓ 1.9% below state avg
E

Elementary Schools

3 schools
C+
Saltonstall School
0.2 mi | #526 of 825 | Score: 43.9
Improved 42 spots from last year
-14.3 below state avg
267 students Diverse
Rising School Diverse Student Body Strong Attendance
Grades K-05
The Greenhouse School
0.9 mi
Grades PK-08
C
Horace Mann Laboratory School
1.0 mi | #653 of 825 | Score: 38.1
Improved 68 spots from last year
-20.1 below state avg
320 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

3 schools
B-
Collins Middle School
0.8 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Village School
1.3 mi | #266 of 825 | Score: 51.8
Dropped 77 spots from last year
-6.4 below state avg
480 students Less Diverse
Strong Attendance
Grades 04-06
A-
Marblehead Veterans Middle School
1.7 mi | #88 of 352 | Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students Moderate
Grades 07-08
H

High Schools

3 schools
B+
Salem Academy Charter School
0.5 mi | #141 of 346 | Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B+
Salem High School
1.0 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
A-
Marblehead High School
1.7 mi | #82 of 346 | Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students Moderate
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

245 Lafayette Street # 3B, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Joyce Sullivan
Listing Office Keller Williams Realty
Office Phone 978-887-3995
Agent MLS ID C8001298
Office MLS ID AC0036
Listing Data Updated May 1, 2020 1:08 PM 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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