323 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$300,000
2
Beds
1
Baths
868
Sq Ft
$346
Price/Sq Ft
1920
Year Built
2
Parking
15
Days on Market
Sold Listed Aug 18, 2020 • MLS# 72711398 Copied! • Updated Oct 1, 2020

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Sale Statistics

Sale Overview
Original List Price: $274,900
Final Sale Price: $300,000
Difference: +$25,100 (+9.1%)
Performance Metrics
109.1%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $317
Sale $/sq ft: $346
This property sold for $346 per square foot
Sale Summary

This property sold for 9.1% above the original asking price, indicating strong buyer demand.

With only 15 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
$346/sq ft
Area Median
$442/sq ft
Difference
21.8%

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

About this home

Urban chic describes this two bedroom one bath corner unit condo that is tucked back from the street, in a quiet private location. Step inside your 2nd floor unit, that is flooded with natural light. You will see the open concept living room with fireplace & dining area. Kitchen features granite countertops, stainless steel appliances & recessed lighting. Two generously sized bedrooms plus a full bath & tons of storage space, as well as storage in the basement, and coin op laundry. Two assigned parking spaces, plus a large shared yard with patio for outdoor gatherings, or grilling. Stroll to Forest River Park. Only 1 mile to downtown Salem, where you can go shopping, visit the Peabody Essex Museum, cafes, restaurants, historical landmarks & commuter rail to Boston. Discover the exciting possibilities & ease of living in historic Salem. PRE APPROVED BUYERS ONLY.

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Recently Sold Nearby

Property History

Market Insights

40%
Price Range
18
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
Sold
Sep 30, 2020
$300,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Aug 18, 2020
$274,900
Original listing
Agent: Sean K Connelly Office: RE/MAX 360
Previous Transaction - MLS #72371787
Full transaction history available when tracking began
🏷️
Previously Sold
Sep 20, 2018
$240,000
MLS #72371787

Tax History

Year Taxes Assessment
2020 $3,266 $226,000

Financial Details

Annual Property Tax
$3,266
Tax Year 2020
HOA Fee
$262
Monthly
Assessed Value
$226,000

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, Radiant
Cooling Wall Unit(s)
Flooring Laminate, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace Living Room
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
Has Garage Yes
Features Assigned, Off Street
Total Spaces 2
Electric Circuit Breakers, Knob & Tube Wiring
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $3,266
Assessed Value $226,000

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
Seller Disclosures Seller Cannot Close Until After 10-1-2020 Assoc Prohibits Rentals. Windows Are Older & Some Do Not Open Hot Water Tank 5 Yrs Old. F/p Works Needs To Be Cleaned, Assoc Allows Use But Entire Chimney Needs To Be Cleaned First. Pets Allowed W/ Association Approval.
Exclusions See Exclusion Inclusion List Attached.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents Master Deed, Unit Deed (2)
County Essex
Total market time (incl. prior listings) 18 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

Interior Features

Flooring: Laminate, Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 1920
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric, 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: Assigned, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, 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

323 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Sean K Connelly
Agent MLS ID C8000743
Office MLS ID AN6149
Listing Data Updated Oct 1, 2020 9:32 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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