160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970 • South Salem
$515,000
Est. $2,741/month
2
Beds
1
Baths
1,330
Sq Ft
$387
Price/Sq Ft
0.12
Acres
1915
Year Built
Condominium
Type
11
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73262226

About this home

Brimming with updates, this spacious 2+ bed condo in a hidden gem of a neighborhood is the perfect place to start your home ownership journey! Who says "adulting" needs to be boring? At 160 Lafayette, you'll truly thrive with a 97 Walk Score highlighted by vibey nightlife (hello Hotel Salem rooftop bar), delicious brunch at Ledger, cozy neighborhood hangs at The Babe, and all the culture (Peabody Essex Museum, Salem Pioneer Village) this historic community has to offer. You're close to *everything*, yet far enough away to enjoy "me time" peacefully. At home - YOUR home - you'll enjoy new appliances (in-unit laundry, dishwasher, gas stove w/ air fryer, SS fridge), recent lead paint treatment, an updated bathroom, new light fixtures, and absolutely stunning hardwood floors soaked in natural light. The living room at sunrise is a sight to behold! Private back deck, front balcony, storage space in the basement, and substantial recent exterior updates round out the property. Come see!

Sale Statistics

Sale Overview
Original List Price: $500,000
Final Sale Price: $515,000
Difference: +$15,000 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $376
Sale $/sq ft: $387
This property sold for $387 per square foot
Sale Summary

This property sold for 3.0% above the original asking price, indicating strong buyer demand.

With only 11 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
1915
Bedrooms
2
Full Bathrooms
1
Living Area
1,330 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Interior Features

Flooring
Tile, Hardwood, Flooring - Hardwood
Heating
Central, Hot Water, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features
Kitchen, Sitting Room
Laundry Features
Gas Dryer Hookup, Washer Hookup, Second Floor
Basement Details
Y
Window Features
Insulated Windows
Door Features
French Doors

Exterior & Structure

Construction Materials
Frame
Roof
Slate
Exterior Features
Porch, Deck, Balcony, Fenced Yard
Patio/Porch Features
Porch, Deck
Fencing
Fenced
Has Spa
No
Waterfront Features
Harbor, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,040 sq ft
Lot Size Area
0.1200

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
1
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$306
HOA Fee Frequency
Monthly
Association Amenities
Storage
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,037
Tax Year
2024
Tax Assessed Value
$347,400
Parcel Number
M:34 L:0110 S:802,4421202
Zoning
R3

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Building Name
160 Lafayette Street Condominium/Trust
Common Walls
2+ Common Walls
Disclosures
Some evidence of knob and tube wiring present.
Exclusions
Seller's Personal Belongings.

Location

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Neighborhood

South Salem

160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Saltonstall
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Salem Prep
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $336
Homeowners Insurance $200
HOA Fee $306
PMI $0

Property History

Market Insights

2.9%
Price Range
12
Total Days on Market

Property Timeline

Sold
Aug 22, 2024
$515,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jul 10, 2024
$500,000
Original listing
Agent: Adam Shulman Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Jul 10, 2024 New Listing Added $500,000

Market Statistics

Days on Market
11 days
Price per Sq Ft
$387

Tax History

Year Taxes Assessment
2024 $4,037 $347,400

Financial Details

Annual Property Tax
$4,037
Tax Year 2024
HOA Fee
$306
Monthly
Assessed Value
$347,400

Listing Information

Listing Agent Adam Shulman
Listing Office Leading Edge Real Estate
Agent MLS ID CN226474
Office MLS ID AN4646

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