160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970 • South Salem

$515,000

Beds

Baths

1,330

Sq Ft

$387

Price/Sq Ft

0.12

Acres

1915

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jul 10, 2024 • MLS# 73262226 Copied! • Updated Aug 22, 2024

Track this home for price, status, and open-house alerts.

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

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.

Nearby Sales Comparison

Based on 34 similar properties sold within 0.5 miles in the last 90 days

This Property

$387/sq ft

Area Median

$422/sq ft

Difference

8.4%

This property sold near the area median for similar homes.

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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

58.3%

Price Range

Total Days on Market

Previous Sales

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

Previous Transaction - MLS #73108653

Full transaction history available when tracking began

🏷️

Previously Sold

Jun 30, 2023

$455,000

MLS #73108653

View Listing →

Previous Transaction - MLS #72525074

Full transaction history available when tracking began

🏷️

Previously Sold

Aug 29, 2019

$215,000

MLS #72525074

View Listing →

Date	Event	Price	Change	$/sqft	Details
08/22/2024	✓ Sold	$515,000	-	-	Property sold
07/10/2024	🏠 Listed for Sale	$500,000	-	-	Original listing
06/30/2023	🏷️ Previously Sold	$455,000	-	-	MLS #73108653
08/29/2019	🏷️ Previously Sold	$215,000	-	-	MLS #72525074

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

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1915

Living Area 1,330 sq ft

Lot Size 0.12 acres

Bedrooms 2

Full Baths 1

Total Rooms 6

Interior

Heating Central, Hot Water, Natural Gas

Cooling Window Unit(s)

Flooring Tile, Hardwood, Flooring - Hardwood

Appliances Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Fireplace None

Basement Y

Laundry Gas Dryer Hookup, Washer Hookup, Second Floor

Features Kitchen, Sitting Room

Exterior

Construction Frame

Architecture None

Roof Slate

Features Porch, Deck, Balcony, Fenced Yard

Pool None

Spa None

Fencing Fenced

Patio/Porch Porch, Deck

Parking

Features Off Street

Total Spaces 1

Utilities

Electric Circuit Breakers, 100 Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $4,037

Assessed Value $347,400

HOA & Community

HOA Fee $306 Monthly

Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

Amenities Storage

Optional Fee Includes None

Owner-Occupied Units 3

MA Disclosures

Seller Disclosures Some Evidence Of Knob And Tube Wiring Present.

Exclusions Sellers Personal Belongings.

Additional Details

Possession None

Accepted Financing None

Structure Type ["2\/3 Family"]

Unit/Building 2

Sq Ft Source Public Record

Documents Master Deed, Unit Deed, Floor Plans, Certificate Of Insurance (4)

County Essex

Total market time (incl. prior listings) 12 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1915

Bedrooms

Full Bathrooms

Living Area

1,330 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood

Appliances: Range, Oven, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer

Interior Features: Kitchen, Sitting Room

Windows: Insulated Windows

Basement: Y

Laundry: Gas Dryer Hookup, Washer Hookup, Second Floor

Security:

Construction & Materials

Year Built: 1915

Effective Year (Renovated): 2002

Structure Type: 2/3 Family

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: Porch, Deck, Balcony, Fenced Yard

Patio & Porch: Porch, Deck

Fencing: Fenced

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

South Salem

160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Adam Shulman

Listing Office Leading Edge Real Estate

Office Phone 781-979-0100

Agent MLS ID CN226474

Office MLS ID AN4646

Listing Data Updated Aug 22, 2024 12:15 PM 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

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

Ask about this property — free, no obligation.