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6 Lathrop Street # 2, Salem MA 01970

Salem, MA 01970
$445,000
Est. $2,770/month
2
Beds
1.5
Baths
727
Sq Ft
$612
Price/Sq Ft
2025
Year Built
43
Days on Market
Closed Listed Feb 26, 2025 • MLS# 73338760 Copied!

About this home

Final Unit Available! Brand new, ground-up construction just steps away from historic downtown Salem as well as the commuter rail into Boston, offering easy access to a vibrant array of shops, dining, and academic opportunities. This light-filled two-bedroom ground-floor unit features an open floor plan perfect for living and entertaining, contemporary kitchen with stainless appliances and Quartz countertops, hardwood floors throughout, custom-designed closets, and 1.5 baths featuring a walk-in glass shower with custom designer tile and fixtures. Private and covered composite deck right off of the main living area. In-unit washer/dryer included. Exclusive use covered composite deck right off of the main living area. Building has been thoughtfully constructed by a reputable home builder. Multi-zoned heating/cooling from ductless mini-split systems ensure durability and energy efficiency. Situated in a low-maintenance building with large, off-street parking area with deeded parking.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2025
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
727 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $459,900
Final Sale Price: $445,000
Difference: $14,900 (-3.2%)
Performance Metrics
96.8%
List to Sale Ratio
Sold below asking price
43
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $633
Sale $/sq ft: $612
This property sold for $612 per square foot
Sale Summary

This property sold for 3.2% below the original asking price.

The property spent 43 days on market before selling.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$612/sq ft
Area Average
$401/sq ft
Difference
+52.6%

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 2025
Living Area 727 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 4

Interior

Heating Ductless
Cooling Ductless
Flooring Tile, Hardwood
Appliances Energy Star Qualified Refrigerator, Energy Star Qualified Dryer, Energy Star Qualified Dishwasher, Energy Star Qualified Washer, Oven
Fireplace None
Basement N
Laundry Laundry Closet, Second Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck - Composite
Pool None
Spa None
Fencing None
Patio/Porch Deck - Composite

Parking

Features Off Street, Available For Purchase, Paved
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax 0.00
Assessed Value 0.00

Interior Features

Flooring: Tile, Hardwood
Appliances: ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Washer, Oven
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Laundry Closet, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 2025
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Ductless
Heating Zones: 3
Cooling: Ductless
Cooling Zones: 3
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Available for Purchase, Paved

Location

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Neighborhood

6 Lathrop Street # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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

9 schools
The Phoenix School
1.3 mi
Grades PK-08
The Greenhouse School
2.3 mi
Grades PK-08
B-
Carlton School
0.1 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.5 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.5 mi
106 students Diverse
Diverse Student Body
Grades PK
B+
Bates School
0.9 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Saltonstall School
1.2 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
1.9 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
C-
Horace Mann Laboratory School
1.9 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
1.4 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
1.0 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
2.0 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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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 $0
Homeowners Insurance $200
HOA Fee $320/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

3.2%
Price Range
44
Total Days on Market

Property Timeline

Sold
May 6, 2025
$445,000
Property sold
Days on Market: 44
🏠
Listed for Sale
Feb 26, 2025
$459,900
Original listing
Agent: Jenna Lovely Buonfiglio Office: The Lovely Advisory LLC

Price & Status History

Date Event Price Change
Feb 26, 2025 New Listing Added $459,900

Market Statistics

Days on Market
43 days
Price per Sq Ft
$612

Tax History

Year Taxes Assessment
2025 $0 $0

Financial Details

Annual Property Tax
$0
Tax Year 2025
HOA Fee
$320
Monthly
Assessed Value
$0

Listing Information

Listing Agent Jenna Lovely Buonfiglio
Listing Office The Lovely Advisory LLC
Agent MLS ID CN218608
Office MLS ID AN7968
Listing Data Updated May 6, 2025 12:44 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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