254 Lafayette St # 2F, Salem MA 01970

Salem, MA 01970
$370,000
2
Beds
1
Baths
1,241
Sq Ft
$298
Price/Sq Ft
0.39
Acres
1880
Year Built
2
Parking
31
Days on Market
Sold Listed Sep 16, 2020 • MLS# 72726982 Copied! • Updated Nov 23, 2020

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Sale Statistics

Sale Overview
Original List Price: $370,000
Final Sale Price: $370,000
Difference: +$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $298
Sale $/sq ft: $298
This property sold for $298 per square foot
Sale Summary

This property sold exactly at the asking price.

The property spent 31 days on market before selling.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$298/sq ft
Area Median
$431/sq ft
Difference
30.8%

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

About this home

***UPDATE: BUYERS WILL NOT BE RESPONSIBLE FOR THE ASSESSMENT ON THE UNIT, TO BE PAID BY THE SELLERS*** Fantastic 2 bedroom Victorian with one bedroom in a turret! This sunny and open floor plan unit boasts hardwood floors, high ceilings, gas fireplace, huge granite/stainless kitchen, period windows with one of them stained glass! There is in-unit laundry, gas heat and range, basement storage, shared yard and deeded parking for 2 cars. Convenient to Salem State University, the commuter rail and ferry, beaches, walking/biking paths, gourmet restaurants, parks, shops, world renowned museums, North Shore Medical Center, and everything else that Salem has to offer! This association is pet friendly.

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Recently Sold Nearby

Property History

Market Insights

33.8%
Price Range
33
Total Days on Market
2
Previous Sales

Property Timeline

Current Active Listing - MLS #73572432
Full transaction history available when tracking began
🏡
Currently Listed
Sep 22, 2026
$559,000
MLS #73572432 - Active
Previous Transaction - MLS #73087799
Full transaction history available when tracking began
🏷️
Previously Sold
May 8, 2023
$470,000
MLS #73087799
Previous Transaction - MLS #72969879
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 1, 2022
$435,000
MLS #72969879
Sold
Nov 23, 2020
$370,000
Property sold
Days on Market: 33
🏠
Listed for Sale
Sep 16, 2020
$369,900
Original listing
Agent: Michael Shea Office: Shea Real Estate

Tax History

Year Taxes Assessment
2020 $4,745 $328,400

Financial Details

Annual Property Tax
$4,745
Tax Year 2020
HOA Fee
$283
Monthly
Assessed Value
$328,400

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,241 sq ft
Lot Size 0.39 acres
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry Second Floor, In Unit
Features None

Exterior

Construction Frame
Architecture Other (see Remarks)
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $4,745
Assessed Value $328,400

HOA & Community

HOA Fee $283 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 6
Pets Yes
Seller Disclosures Update: Buyer Will Not Be Responsible For The $180.54 Per/month Assessment Attached To The Unit Through 2027.
Possession None
Accepted Financing None
Structure Type []
Unit/Building 2F
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)
County Essex
Total market time (incl. prior listings) 33 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1880
Bedrooms
2
Full Bathrooms
1
Living Area
1,241 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: Second Floor, In Unit
Security: Intercom

Construction & Materials

Style: Other (See Remarks)
Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: 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, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
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 Greenhouse School
0.9 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
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
C
Horace Mann Laboratory School
0.9 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
C+
Bentley Academy Innovation School
1.4 mi | #532 of 825 | Score: 43.7
Improved 179 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.4 mi
107 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.5 mi | #339 of 825 | Score: 49.4
Improved 211 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Carlton School
1.5 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.9 mi | #318 of 825 | Score: 50.0
Improved 261 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
B-
Collins Middle School
0.7 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
H

High Schools

2 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
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Location

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Neighborhood

254 Lafayette St # 2F, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Michael Shea
Listing Office Shea Real Estate
Office Phone 978-548-7203
Agent MLS ID CN214329
Office MLS ID AN5627
Listing Data Updated Nov 23, 2020 3:58 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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