323 Lafayette St # 3, Salem MA 01970
Salem, MA 01970 • South Salem
$240,000
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Sale Statistics
Sale Overview
Original List Price:
$249,900
Final Sale Price:
$240,000
Difference:
$9,900 (-4.0%)
Performance Metrics
96.0%
List to Sale Ratio
Sold below asking price
25
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$288
Sale $/sq ft:
$276
This property sold for $276 per square foot
Sale Summary
This property sold for 4.0% below the original asking price.
With only 25 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
$276/sq ft
Area Median
$442/sq ft
Difference
37.6%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Located next to Salem State University, Salem's ocean-front Forest River Park and 1 mile to Salem's thriving downtown this well updated 2 bedroom unit puts you in the heart of one of the North Shore's hottest destinations. Charming details like a brick wood-burning fireplace and crown molding meet modern kitchen, bathroom and new flooring updated in the last 7 years. Kitchen features granite counters, stainless appliances and recessed lighting. Enjoy the large fenced common yard for dogs, grilling and outdoor gatherings in this 100% owner-occupied association. Vinnin Square and all your shopping needs are a 5 minute drive away and it's an easy walk to University area bars, restaurants and walking/ bike trails. Pets allowed, two parking spaces included plus coin-op laundry and storage unit in the basement. Assoc allows laundry to be installed in the unit. PLEASE PARK ON LAFAYETTE, NOT IN ASSOC LOT.
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Recently Sold Nearby
Property History
Market Insights
40%
Price Range
26
Total Days on Market
2
Previous Sales
Property Timeline
Previous Transaction - MLS #73301189
Full transaction history available when tracking began
Previously Sold
May 15, 2025
$400,000
MLS #73301189
Previous Transaction - MLS #72711398
Full transaction history available when tracking began
Previously Sold
Sep 30, 2020
$300,000
MLS #72711398
Sold
Sep 20, 2018
$240,000
Property sold
Days on Market: 26
Listed for Sale
Aug 1, 2018
$249,900
Original listing
Agent: Dan Bernal
Office: J. Barrett & Company
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/15/2025 | 🏷️ Previously Sold | $400,000 | - | - | MLS #73301189 |
| 09/30/2020 | 🏷️ Previously Sold | $300,000 | - | - | MLS #72711398 |
| 09/20/2018 | ✓ Sold | $240,000 | - | - | Property sold |
| 08/01/2018 | 🏠 Listed for Sale | $249,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2018 | $2,924 | $190,100 |
Financial Details
Annual Property Tax
$2,924
Tax Year 2018
HOA Fee
$262
Monthly
Assessed Value
$190,100
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1920
Living Area
868 sq ft
Bedrooms
2
Full Baths
1
Total Rooms
4
Interior
Heating
Electric Baseboard, Radiant
Cooling
Wall Unit(s)
Flooring
Laminate, Hardwood
Appliances
Range, Dishwasher, Microwave, Refrigerator
Fireplace
None
Fireplaces
1
Basement
N
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Fenced Yard
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
None
Parking
Features
Off Street, Assigned
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven
Financial
Annual Tax
$2,924
Assessed Value
$190,100
HOA & Community
HOA Fee
$262 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
7
Pets
Yes
MA Disclosures
Seller Disclosures
Assoc Prohibits Rental. Windows Are Older And Not All Open. Owners Have Never Used Fireplace, Association Allows Use But Entire Chimney Needs To Be Cleaned First. Hot Water Tank 3 Years Old. Dual Mounted Flat Screen Tvs Negotiable. Elec Bill Averages $60-$150 Seasonally. Roof 20-25 Years Old.
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Garden"]
Unit/Building
3
Sq Ft Source
Field Card
Sq Ft Disclosures
Additional storage bin in basement
Documents
Master Deed, Unit Deed (2)
County
Essex
Total market time (incl. prior listings)
26 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1920
Bedrooms
2
Full Bathrooms
1
Living Area
868 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesNo
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Laminate, Hardwood
Appliances:
Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement:
N
Laundry:
Security:
Construction & Materials
Year Built:
1920
Structure Type:
Garden
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Electric Baseboard, Radiant
Heating Zones:
3
Cooling:
Wall Unit(s)
Cooling Zones:
1
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Fenced Yard
Patio & Porch:
Fencing:
Fenced
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
2
Parking Features:
Off Street, Assigned
Special Features
Fireplaces:
1
Fireplace Type:
Community Amenities:
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, House of Worship, Marina, Public School, University
Nearby Schools
School information not available for this location.
Location
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Neighborhood
South Salem
323 Lafayette St # 3, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Dan Bernal
Listing Office
J. Barrett & Company
Office Phone
978-922-3683
Agent MLS ID
BB923122
Office MLS ID
AC2087
Listing Data Updated
Sep 21, 2018 8:26 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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