185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$202,000
1
Beds
1
Baths
840
Sq Ft
$240
Price/Sq Ft
0.12
Acres
1924
Year Built
1
Garage Space
12
Days on Market
Closed Listed Sep 3, 2019 • MLS# 72558158 Copied! • Updated Nov 4, 2019

Sale Statistics

Sale Overview
Original List Price: $199,999
Final Sale Price: $202,000
Difference: +$2,001 (+1.0%)
Performance Metrics
101.0%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $238
Sale $/sq ft: $240
This property sold for $240 per square foot
Sale Summary

This property sold for 1.0% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$240/sq ft
Area Average
$249/sq ft
Difference
3.5%

This property sold near the area average for similar homes.

About this home

More Affordable Than Renting! Beautiful, Bright, Sunny And Comfortable One Bedroom Condo Within Walking Distance Of Downtown Salem and Commuter Rail. Spacious, Second Floor Condo With Nice Hardwood Floors And High Ceilings. Open Concept Living Room And Dining Room With Decorative Arch and A Juliette Balcony Off The Living Room. Windows Replaced Six Years Ago. One Car Garage. Plenty Of Storage Space With Lots Of Closets And Additional Storage In Basement. Washer and Dryer for Unit Located In Basement. Heat AND Hot Water Is Included In The Very Affordable Condo Fee Of $300 Per Month. Newer Gas Heating Unit. Enjoy All Salem Has To Offer With This Very Walkable Location To Downtown Salem With It"s Restaurants, Peabody / Essex Museum, Salem Common, Pickering Wharf, Derby Wharf, Commuter Rail To Boston & The Ferry to Downtown Boston!

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Recently Sold Nearby

Property History

Market Insights

35.5%
Price Range
13
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73140472
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 31, 2023
$310,000
MLS #73140472
Sold
Nov 4, 2019
$202,000
Property sold
Days on Market: 13
🏠
Listed for Sale
Sep 3, 2019
$199,999
Original listing
Agent: Andrea Dodge Office: Coldwell Banker Residential Brokerage - Marblehead

Tax History

Year Taxes Assessment
2019 $2,357 $156,100

Financial Details

Annual Property Tax
$2,357
Tax Year 2019
HOA Fee
$300
Monthly
Assessed Value
$156,100

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 4

Interior

Heating Hot Water, Natural Gas
Cooling None
Flooring Hardwood
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry In Basement, In Building
Features None

Exterior

Construction Stone
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Off Street, Common, Paved
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,357
Assessed Value $156,100

HOA & Community

HOA Fee $300 Monthly
Fee Includes Heat, Gas, Water, Sewer, Insurance, Maintenance Structure
Amenities Hot Water, Storage
Optional Fee Includes None
Owner-Occupied Units 4
Pets Yes w/ Restrictions
Seller Disclosures One Zone Heating For Building, Newer Gas Heating Unit. In Addition To The Unit Garage Parking There Are 2 Or 3 Off Street Parking Spaces For Building First Come First Serve
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 13 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1924
Bedrooms
1
Full Bathrooms
1
Living Area
840 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building
Security:

Construction & Materials

Year Built: 1924
Structure Type: Garden
Exterior Materials: Stone
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Hot Water, Natural Gas
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Detached, Off Street, Common, Paved
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
1.0 mi
Grades PK-08
The Greenhouse School
1.2 mi
Grades PK-08
B-
Saltonstall School
0.1 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
C-
Horace Mann Laboratory School
1.0 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
C+
Bentley Academy Innovation School
1.1 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
1.1 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B
Witchcraft Heights School
1.4 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
B+
Bates School
1.5 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
M

Middle Schools

1 school
C+
Collins Middle School
0.7 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
0.3 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
1.1 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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Location

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Neighborhood

185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Andrea Dodge
Agent MLS ID CT002848
Office MLS ID C75100
Listing Data Updated Nov 4, 2019 4:00 PM EST
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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