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245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970
$330,000
2
Beds
1
Baths
881
Sq Ft
$375
Price/Sq Ft
1971
Year Built
1
Parking
18
Days on Market
Closed Listed May 5, 2021 • MLS# 72825845 Copied! • Updated Jun 16, 2021

Sale Statistics

Sale Overview
Original List Price: $309,900
Final Sale Price: $330,000
Difference: +$20,100 (+6.5%)
Performance Metrics
106.5%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $352
Sale $/sq ft: $375
This property sold for $375 per square foot
Sale Summary

This property sold for 6.5% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$375/sq ft
Area Average
$258/sq ft
Difference
+45.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Bright and Sunny Penthouse unit offers two bedrooms, a private balcony, in-unit laundry and off-street parking. This desirable condo features expansive rooms, hardwood floors throughout, crown molding, ceiling fans, Havey windows, fresh paint and AC. Updated kitchen complete with stainless steel appliances, upgraded cabinets and ample counter space. Tranquility welcomes you into your large master bedroom with a generous-sized walk-in closet and large windows. Enjoy carefree living in this professionally managed, non-smoking, brick building. Conveniently located to Downtown Salem, Historic Waterfront, shops, restaurants and Salem State University. Additional amenities include elevator access, exclusive storage, low condo fee that includes Hot Water and it's PET friendly too. Grab this one before it's gone!**Open House Sunday 11-1pm**

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Recently Sold Nearby

Property History

Market Insights

22.5%
Price Range
20
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73518542
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 12, 2026
$400,000
MLS #73518542
Sold
Jun 15, 2021
$330,000
Property sold
Days on Market: 20
🏠
Listed for Sale
May 5, 2021
$309,900
Original listing
Agent: Zoe Karademos Office: Coldwell Banker Realty - Beverly

Tax History

Year Taxes Assessment
2021 $3,375 $244,600

Financial Details

Annual Property Tax
$3,375
Tax Year 2021
HOA Fee
$237
Monthly
Assessed Value
$244,600

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 881 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s), Individual
Flooring Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Third Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,375
Assessed Value $244,600

HOA & Community

HOA Fee $237 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 3G
Sq Ft Source Field Card
Documents None
County Essex
Total market time (incl. prior listings) 20 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
881 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Room Details

Third Floor

Bathroom1
Bathroom - Full
Dining Room
Flooring - Hardwood
Kitchen
Flooring - Hardwood, Cabinets - Upgraded, Stainless Steel Appliances
Bedroom2
Ceiling Fan(s), Closet, Flooring - Hardwood
Living Room
Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck
Master Bedroom
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

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

Construction & Materials

Year Built: 1971
Structure Type: Low-Rise
Exterior Materials: Frame
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Wall Unit(s), Individual
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

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Nearby Schools

School information not available for this location.

Location

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Neighborhood

245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Zoe Karademos
Listing Office Coldwell Banker Realty - Beverly
Office Phone 978-927-1111
Agent MLS ID C8000311
Office MLS ID AN6191
Listing Data Updated Jun 16, 2021 7:52 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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