BMN Boston

Get our mobile app!

Download on the App Store

160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970
$455,000
2
Beds
1
Baths
1,330
Sq Ft
$342
Price/Sq Ft
1915
Year Built
1
Parking
17
Days on Market
Closed Listed May 8, 2023 • MLS# 73108653 Copied! • Updated Jul 1, 2023

Sale Statistics

Sale Overview
Original List Price: $449,000
Final Sale Price: $455,000
Difference: +$6,000 (+1.3%)
Performance Metrics
101.3%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $338
Sale $/sq ft: $342
This property sold for $342 per square foot
Sale Summary

This property sold for 1.3% 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 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$342/sq ft
Area Average
$199/sq ft
Difference
+71.8%

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

About this home

Centrally located in Salem's thriving downtown this sunny, modern, updated and large 2 bed 1 bath boasts a 97 walkscore ("walker's paradise"). Less than a mile to the Commuter Rail and a 5 minute walk to all of downtown's restaurants, museums, shops and bars, you won't find a more convenient in-town location. Off street parking for 1 car keeps you safely off busy Lafayette St while you have easy access to Vinnin Sq shopping, Salem State University, multiple routes in and out of Salem, Beverly, Peabody, beeches in Marblehead & Swampscott and everything the North Shore has to offer. Salem's newly redeveloped Forest River Park w/ public pool is less than a mile away. Easy to show.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

58.3%
Price Range
19
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73262226
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 22, 2024
$515,000
MLS #73262226
Sold
Jun 30, 2023
$455,000
Property sold
Days on Market: 19
🏠
Listed for Sale
May 8, 2023
$449,000
Original listing
Agent: Dan Bernal Office: J. Barrett & Company
Previous Transaction - MLS #72525074
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 29, 2019
$215,000
MLS #72525074

Tax History

Year Taxes Assessment
2022 $3,808 $287,400

Financial Details

Annual Property Tax
$3,808
Tax Year 2022
HOA Fee
$306
Per month
Assessed Value
$287,400

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1915
Living Area 1,330 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 6

Interior

Heating Central, Hot Water, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement Y
Laundry In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Slate
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $3,808
Assessed Value $287,400

HOA & Community

HOA Fee $306
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds
Amenities Storage
Optional Fee Includes None
Owner-Occupied Units 2
Seller Disclosures Seller Has Never Occupied Property
Possession None
Accepted Financing Contract
Structure Type ["Mid-Rise"]
Unit/Building 2
Sq Ft Source Public Record
Sq Ft Disclosures Additional storage in basement
Documents Master Deed, Unit Deed (2)
County Essex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
1,330 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Unit
Security:

Construction & Materials

Year Built: 1915
Structure Type: Mid-Rise
Exterior Materials: Frame
Roof: Slate
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Hot Water, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
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
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
0.9 mi
Grades PK-08
The Greenhouse School
1.3 mi
Grades PK-08
B-
Saltonstall School
0.2 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
B-
Carlton School
1.1 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-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
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
0.6 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
Learn about these ratings

Location

Loading map...

Neighborhood

160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Dan Bernal
Listing Office J. Barrett & Company
Office Phone 978-922-3683
Agent MLS ID BB923122
Office MLS ID AC2087
Listing Data Updated Jul 1, 2023 7:17 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

160 Lafayette St # 2, Salem MA 01970 - Photo 1 160 Lafayette St # 2, Salem MA 01970 - Photo 2 160 Lafayette St # 2, Salem MA 01970 - Photo 3 160 Lafayette St # 2, Salem MA 01970 - Photo 4 160 Lafayette St # 2, Salem MA 01970 - Photo 5 160 Lafayette St # 2, Salem MA 01970 - Photo 6 160 Lafayette St # 2, Salem MA 01970 - Photo 7 160 Lafayette St # 2, Salem MA 01970 - Photo 8 160 Lafayette St # 2, Salem MA 01970 - Photo 9 160 Lafayette St # 2, Salem MA 01970 - Photo 10 160 Lafayette St # 2, Salem MA 01970 - Photo 11 160 Lafayette St # 2, Salem MA 01970 - Photo 12 160 Lafayette St # 2, Salem MA 01970 - Photo 13 160 Lafayette St # 2, Salem MA 01970 - Photo 14 160 Lafayette St # 2, Salem MA 01970 - Photo 15 160 Lafayette St # 2, Salem MA 01970 - Photo 16 160 Lafayette St # 2, Salem MA 01970 - Photo 17 160 Lafayette St # 2, Salem MA 01970 - Photo 18 160 Lafayette St # 2, Salem MA 01970 - Photo 19 160 Lafayette St # 2, Salem MA 01970 - Photo 20 160 Lafayette St # 2, Salem MA 01970 - Photo 21 160 Lafayette St # 2, Salem MA 01970 - Photo 22
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour