185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$310,000
1
Beds
1
Baths
840
Sq Ft
$369
Price/Sq Ft
0.12
Acres
1924
Year Built
1
Garage Space
6
Days on Market
Closed Listed Jul 25, 2023 • MLS# 73140472 Copied! • Updated Sep 1, 2023

Sale Statistics

Sale Overview
Original List Price: $305,000
Final Sale Price: $310,000
Difference: +$5,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $363
Sale $/sq ft: $369
This property sold for $369 per square foot
Sale Summary

This property sold for 1.6% above the original asking price, indicating strong buyer demand.

With only 6 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 11 similar properties sold within 0.5 miles in the last 90 days

This Property
$369/sq ft
Area Average
$249/sq ft
Difference
+48.4%

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

About this home

Introducing a fantastic 1-bed, 840 sq ft Condo, ideal for students or remote workers. Well-designed layout with multiple in-home office areas for comfortable studying or working. Enjoy a bright, sunny ambiance with abundant natural light from many windows. Ample storage, fresh harbor breezes, and a Juliette balcony. Deeded garage, 10x12 storage room, and private washer/dryer in basement for added convenience. Multiple units are available for sale in this property! Open Houses Saturday and Sunday 12-2pm. Beginning on 07/29/23.

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Recently Sold Nearby

Property History

Market Insights

34.8%
Price Range
9
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Aug 31, 2023
$310,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Jul 25, 2023
$305,000
Original listing
Agent: Stephen Pereira Office: Dell Realty Inc.
Previous Transaction - MLS #72558158
Full transaction history available when tracking began
🏷️
Previously Sold
Nov 4, 2019
$202,000
MLS #72558158

Tax History

Year Taxes Assessment
2023 $2,871 $229,500

Financial Details

Annual Property Tax
$2,871
Tax Year 2023
HOA Fee
$325
Monthly
Assessed Value
$229,500

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1924
Living Area 840 sq ft
Lot Size 0.12 acres
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Baseboard, Oil
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Paved, Exclusive Parking
Total Spaces 3
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $2,871
Assessed Value $229,500

HOA & Community

HOA Fee $325 Monthly
Fee Includes Heat, Gas, Insurance
Amenities None
Optional Fee Includes None
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 3
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 9 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1924
Bedrooms
1
Full Bathrooms
1
Living Area
840 sq ft
Total Rooms
3
Stories
2
Entry Level
2

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1924
Structure Type: Low-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Oil
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

Garage Spaces: 1
Total Parking Spaces: 3
Parking Features: Detached, Paved, Exclusive Parking
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
1.0 mi
Grades PK-08
The Greenhouse School
1.2 mi
Grades PK-08
B-
Saltonstall School
0.1 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
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-
Carlton School
1.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
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
0.7 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
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Location

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Neighborhood

185 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Office Dell Realty Inc.
Office Phone 617-629-5950
Agent MLS ID CN225031
Office MLS ID AN1378
Listing Data Updated Sep 1, 2023 7:05 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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