BMN Boston

Get our mobile app!

Download on the App Store

160 Lafayette St # 2, Salem MA 01970

Salem, MA 01970 • South Salem
$515,000
2
Beds
1
Baths
1,330
Sq Ft
$387
Price/Sq Ft
0.12
Acres
1915
Year Built
1
Parking
11
Days on Market
Closed Listed Jul 10, 2024 • MLS# 73262226 Copied! • Updated Aug 22, 2024

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.

Nearby Sales Comparison

Based on 14 similar properties sold within 0.5 miles in the last 90 days

This Property
$387/sq ft
Area Average
$199/sq ft
Difference
+94.4%

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

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!

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

58.3%
Price Range
12
Total Days on Market
2
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
Previous Transaction - MLS #72525074
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 29, 2019
$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
Features Off Street
Total Spaces 1
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
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
Seller Disclosures Some Evidence Of Knob And Tube Wiring Present.
Exclusions Sellers Personal Belongings.
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
For Sale
Year Built
1915
Bedrooms
2
Full Bathrooms
1
Living Area
1,330 sq ft
Total Rooms
6
Stories
1
Entry Level
2

Room Details

Second Floor

Bathroom1
8.583333333 x 5.5
Bathroom - Tiled With Tub & Shower
Dining Room
14.75 x 12.916666666
Flooring - Hardwood, French Doors
Kitchen
11.416666666 x 13.5
Flooring - Hardwood, Countertops - Upgraded
Bedroom2
11.916666666 x 10.083333333
Closet, Flooring - Hardwood
Living Room
13.75 x 14.5
Ceiling Fan(s), Flooring - Hardwood, French Doors
Master Bedroom
12.916666666 x 11.916666666
Closet, Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

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

Loading map...

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
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

160 Lafayette St # 2, Salem MA 01970 - Photo 1 160 Lafayette St # 2, Salem MA 01970 - Photo 2 160 Lafayette St # 2, Salem MA 01970 - Photo 3 160 Lafayette St # 2, Salem MA 01970 - Photo 4 160 Lafayette St # 2, Salem MA 01970 - Photo 5 160 Lafayette St # 2, Salem MA 01970 - Photo 6 160 Lafayette St # 2, Salem MA 01970 - Photo 7 160 Lafayette St # 2, Salem MA 01970 - Photo 8 160 Lafayette St # 2, Salem MA 01970 - Photo 9 160 Lafayette St # 2, Salem MA 01970 - Photo 10 160 Lafayette St # 2, Salem MA 01970 - Photo 11 160 Lafayette St # 2, Salem MA 01970 - Photo 12 160 Lafayette St # 2, Salem MA 01970 - Photo 13 160 Lafayette St # 2, Salem MA 01970 - Photo 14 160 Lafayette St # 2, Salem MA 01970 - Photo 15 160 Lafayette St # 2, Salem MA 01970 - Photo 16 160 Lafayette St # 2, Salem MA 01970 - Photo 17 160 Lafayette St # 2, Salem MA 01970 - Photo 18 160 Lafayette St # 2, Salem MA 01970 - Photo 19 160 Lafayette St # 2, Salem MA 01970 - Photo 20 160 Lafayette St # 2, Salem MA 01970 - Photo 21 160 Lafayette St # 2, Salem MA 01970 - Photo 22 160 Lafayette St # 2, Salem MA 01970 - Photo 23 160 Lafayette St # 2, Salem MA 01970 - Photo 24 160 Lafayette St # 2, Salem MA 01970 - Photo 25 160 Lafayette St # 2, Salem MA 01970 - Photo 26 160 Lafayette St # 2, Salem MA 01970 - Photo 27 160 Lafayette St # 2, Salem MA 01970 - Photo 28 160 Lafayette St # 2, Salem MA 01970 - Photo 29 160 Lafayette St # 2, Salem MA 01970 - Photo 30 160 Lafayette St # 2, Salem MA 01970 - Photo 31
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour