195 Lafayette St # 4, Salem MA 01970

Salem, MA 01970 • Downtown
$570,000
Est. $3,034/month
2
Beds
1.5
Baths
1,268
Sq Ft
$450
Price/Sq Ft
1930
Year Built
Condominium
Type
17
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73357845

About this home

Come check out this beautiful condo with period architectural details with bay windows, high ceilings and a stately brick facade. This unit offers the convenience of being a short distance from vibrant downtown Salem, The commuter rail station, and Salem State University. Move in ready that offers lots of natural light with 2 bedrooms and 1 and 1 1/2 half baths, hardwood floors throughout, crown and dental moldings. Recently completely renovated with a gourmet kitchen with plenty of counter and cabinet space. This unit has its own laundry hook up in the basement along with a large workshop and plenty of storage space. The hot water boiler is less than a year old with a transferable warranty. Parking for 1 car off street. First showing at the Open House 12 - 2 PM Sunday April 13.

Sale Statistics

Sale Overview
Original List Price: $559,900
Final Sale Price: $570,000
Difference: +$10,100 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
17
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $442
Sale $/sq ft: $450
This property sold for $450 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 17 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
1930
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,268 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Interior Features

Flooring
Tile, Hardwood
Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Freezer
Laundry Features
In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Basement Details
Y
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Brick, Stone
Roof
Rubber
Exterior Features
Porch
Patio/Porch Features
Porch
Has Spa
No
Waterfront Features
Harbor, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 60 Amps/Less

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$300
HOA Fee Frequency
Monthly
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,067
Tax Year
2025
Tax Assessed Value
$446,800
Parcel Number
2135453
Zoning
R

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
193-195 Lafayette Street Condominium
Disclosures
Subject to seller finding suitable housing. Water heater rented part of condo fee. Non smoking association. No Buyer Love Letters. Unit completely renovated after fire in the building 2021.
Exclusions
Washer And Dryer

Location

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Neighborhood

Downtown

195 Lafayette St # 4, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Choice
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Shs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $422
Homeowners Insurance $200
HOA Fee $300
PMI $0

Property History

Market Insights

1.8%
Price Range
19
Total Days on Market

Property Timeline

Sold
May 8, 2025
$570,000
Property sold
Days on Market: 19
🏠
Listed for Sale
Apr 10, 2025
$559,900
Original listing
Agent: Philip O'Donnell Office: Aluxety

Price & Status History

Date Event Price Change
Apr 10, 2025 New Listing Added $559,900

Market Statistics

Days on Market
17 days
Price per Sq Ft
$450

Tax History

Year Taxes Assessment
2025 $5,067 $446,800

Financial Details

Annual Property Tax
$5,067
Tax Year 2025
HOA Fee
$300
Monthly
Assessed Value
$446,800

Listing Information

Listing Agent Philip O'Donnell
Listing Office Aluxety
Agent MLS ID C8000753
Office MLS ID AN8387

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