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256 Lafayette St # 3, Salem MA 01970

Salem, MA 01970
$371,000
1
Beds
2
Baths
1,032
Sq Ft
$359
Price/Sq Ft
1900
Year Built
2
Parking
5
Days on Market
Closed Listed Apr 24, 2024 • MLS# 73228324 Copied! • Updated Jun 17, 2024

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.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$359/sq ft
Area Average
$289/sq ft
Difference
+24.3%

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

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.

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Recently Sold Nearby

Property History

Market Insights

15.9%
Price Range
6
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73391633
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 23, 2025
$439,900
MLS #73391633
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

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,032 sq ft
Bedrooms 1
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling None
Flooring Vinyl, Flooring - Wall To Wall Carpet
Appliances None
Fireplace None
Basement N
Laundry None
Features Vaulted Ceiling(s), Lighting - Overhead, Bonus Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $4,891
Assessed Value $420,900

HOA & Community

HOA Fee $524 Monthly
Fee Includes Water, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Hot Water, Storage
Optional Fee Includes None
Seller 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.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 3
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 6 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
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

Room Details

Second Floor

Bathroom2
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Vinyl, Lighting - Overhead

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom

Main,First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Vinyl, Lighting - Overhead
Kitchen
Beamed Ceilings, Flooring - Vinyl, Lighting - Overhead
Living Room
Vaulted Ceiling(s), Flooring - Vinyl, Open Floorplan, Lighting - Overhead
Master Bedroom
Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Vinyl, Lighting - Overhead

Interior Features

Flooring: Vinyl, Flooring - Wall to Wall Carpet
Appliances:
Interior Features: Vaulted Ceiling(s), Lighting - Overhead, Bonus Room
Windows:
Basement: N
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type: Garden
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Cooling: None
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:

Nearby Schools

School information not available for this location.

Location

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Neighborhood

256 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Emmanuel Garcia
Listing Office Elia Realty Group, Inc
Office Phone 978-241-9723
Agent MLS ID CN244460
Office MLS ID AN6547
Listing Data Updated Jun 17, 2024 11:33 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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