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256 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$371,000
Est. $1,975/month
1
Beds
2
Baths
1,032
Sq Ft
$359
Price/Sq Ft
1900
Year Built
Condominium
Type
5
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73228324

About this home

Step into this stylish loft-style condo in Salem, MA, offering 1 bedroom, 2 full bathrooms, and a loft area that will be perfect for a second bedroom. Bright living spaces feature exposed beams and plenty of natural light., while the open layout allows for versatile living arrangements. Ascend the staircase to the loft area, where you can create a cozy at home office or possible second bedroom. Enjoy the spacious main bedroom with walk in closet on the first level. This unit also come with washer and dryer on the first level for maximum convenience and ample storage space in the basement. Located in the heart of historic Salem, this condo offers urban living at its finest, with Salem State University, trendy shops, dining, Pioneer Village and attractions, just minutes away.

Sale Statistics

Sale Overview
Original List Price: $369,900
Final Sale Price: $371,000
Difference: +$1,100 (+0.3%)
Performance Metrics
100.3%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $358
Sale $/sq ft: $359
This property sold for $359 per square foot
Sale Summary

This property sold for 0.3% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
1900
Bedrooms
1
Full Bathrooms
2
Living Area
1,032 sq ft
Total Rooms
4
Stories
2
Entry Level
2
Main Level Bedrooms
1

Interior Features

Flooring
Vinyl, Flooring - Wall to Wall Carpet
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Interior Features
Vaulted Ceiling(s), Lighting - Overhead, Bonus Room
Basement Details
N

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Has Spa
No
Waterfront Property
No

Lot & Land

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
HOA Fee
$524
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,891
Tax Year
2024
Tax Assessed Value
$420,900
Parcel Number
M:33 L:0339 S:803,2134908
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Seller has never lived in the property. Brokerage has financial interest in property. Buyers and buyers' agents to do due diligence and verify all information.

Location

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Neighborhood

256 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $408
Homeowners Insurance $200
HOA Fee $524
PMI $0

Property History

Market Insights

0.3%
Price Range
6
Total Days on Market

Property Timeline

✓
Sold
Jun 14, 2024
$371,000
Property sold
Days on Market: 6
🏠
Listed for Sale
Apr 24, 2024
$369,900
Original listing
Agent: Emmanuel Garcia Office: Elia Realty Group, Inc

Price & Status History

Date Event Price Change
Apr 24, 2024 New Listing Added $369,900 —

Market Statistics

Days on Market
5 days
Price per Sq Ft
$359

Tax History

Year Taxes Assessment
2024 $4,891 $420,900

Financial Details

Annual Property Tax
$4,891
Tax Year 2024
HOA Fee
$524
Monthly
Assessed Value
$420,900

Listing Information

Listing Agent Emmanuel Garcia
Listing Office Elia Realty Group, Inc
Agent MLS ID CN244460
Office MLS ID AN6547

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