254 Lafayette St # 2F, Salem MA 01970

Salem, MA 01970
$470,000
2
Beds
1
Baths
1,241
Sq Ft
$379
Price/Sq Ft
0.39
Acres
1880
Year Built
2
Parking
17
Days on Market
Sold Listed Mar 15, 2023 • MLS# 73087799 Copied! • Updated May 9, 2023

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Sale Statistics

Sale Overview
Original List Price: $460,000
Final Sale Price: $470,000
Difference: +$10,000 (+2.2%)
Performance Metrics
102.2%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $371
Sale $/sq ft: $379
This property sold for $379 per square foot
Sale Summary

This property sold for 2.2% above the original asking price, indicating strong buyer demand.

With only 17 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 15 similar properties sold within 0.5 miles in the last 90 days

This Property
$379/sq ft
Area Median
$427/sq ft
Difference
11.2%

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

About this home

Welcome to this Victorian home featuring an updated 2 bedroom condominium ready for its next owners to move right in! Walk in the front door to an oversized entry hall with room for mudroom set up. Newly updated large eat in kitchen with white cabinetry, ss appliances, quartz counters and large peninsula with bar seating. Hardwood floors throughout entire unit...two generously sized bedrooms (one inside turret!) with good closet space and an updated bath with timeless stained glass window. Laundry within unit, excess storage in the lower level of home, 2 off street deeded parking spots and an HOA that is pet friendly! This condo is conveniently located near all that you could need - commuter rail, shopping, dining and all of the amenities that downtown Salem has to offer!! Come live the good life in this wonderful condo!

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

33.8%
Price Range
18
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
Sold
May 8, 2023
$470,000
Property sold
Days on Market: 18
🏠
Listed for Sale
Mar 15, 2023
$460,000
Original listing
Agent: Krissy Ventura Office: Bentley's
Previous Transaction - MLS #72969879
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 1, 2022
$435,000
MLS #72969879
Previous Transaction - MLS #72726982
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 23, 2020
$370,000
MLS #72726982

Tax History

Year Taxes Assessment
2023 $4,943 $395,100

Financial Details

Annual Property Tax
$4,943
Tax Year 2023
HOA Fee
$367
Monthly
Assessed Value
$395,100

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 4

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement N
Laundry First Floor
Features Entry Hall

Exterior

Construction Frame
Architecture None
Roof Shingle
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 None
Annual Tax $4,943
Assessed Value $395,100

HOA & Community

HOA Fee $367 Monthly
Fee Includes Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
Amenities None
Optional Fee Includes None
Pets Yes
Seller Disclosures Room Sizes Approximate - Buyer To Perform Their Own Due Diligence. See Attachments Under Documents For More Info... Property Managed By Offsite Management Company With Owners Say. Dynamic Properties.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 2F
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 18 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
4
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Entry Hall
Windows:
Basement: N
Laundry: First Floor
Security:

Construction & Materials

Year Built: 1880
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Shingle
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:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
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 Krissy Ventura
Agent MLS ID C9501150
Office MLS ID AN2888
Listing Data Updated May 9, 2023 3:05 PM 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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