Affordable spacious, one-bedroom unit close to downtown Salem. Freshly painted, this unit is bright and light and offers a generous living room with storage closet, fully applianced, eat-in kitchen, updated bath, and large, sun-lit bedroom with 4 windows and walk-in closet. A separate, in-unit laundry room with newer washer & dryer, replacement windows and hardwood flooring throughout add to the comfort and convenience of this charming unit. Off-street parking, low maintenance fees lots of storage, a pet-friendly association make this a comfortable home and smart investment, and all just steps from the vibrant downtown with easy access to restaurants, shops, cultural and historic venues, the waterfront and public transportation.
Sale Statistics
Sale Overview
Original List Price:$369,900
Final Sale Price:$368,000
Difference:
$1,900 (-0.5%)
Performance Metrics
99.5%
List to Sale Ratio
Sold below asking price
52
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:$377
Sale $/sq ft:$376
This property sold for $376 per square foot
Sale Summary
This property sold for 0.5% below the original asking price.
The property spent 52 days on market before selling.
Ocean, Walk to, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.12 acres
Lot Size
5,227 sq ft
Lot Size Area
0.1200
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
1
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
HOA Fee
$251
HOA Fee Frequency
Monthly
Association Amenities
Storage
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$3,463
Tax Year
2024
Tax Assessed Value
$298,000
Tax Map Number
34
Parcel Number
4403613
Zoning
R3
Additional Details
Year Built Source
Public Records
Year Built Details
Actual
Disclosures
Condo fee was increased for 6 months to $345, which will expire in September and revert back on October 1 to $251.00.
Location
Loading map...
Neighborhood
160 Lafayette # 3, Salem MA 01970
Salem, MA 01970
Walkability
Loading Walk Score...
Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$289
Homeowners Insurance$200
HOA Fee$251
PMI$0
Property History
Market Insights
0.5%
Price Range
54
Total Days on Market
Property Timeline
✓
Sold
Oct 25, 2024
$368,000
Property sold
Days on Market: 54
🏠
Listed for Sale
Aug 23, 2024
$369,900
Original listing
Agent: Judith ZissulisOffice: Keller Williams Realty Evolution
