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195 Lafayette St # 4, Salem MA 01970

Salem, MA 01970 • Downtown
$570,000
2
Beds
1.5
Baths
1,268
Sq Ft
$450
Price/Sq Ft
1930
Year Built
1
Parking
17
Days on Market
Closed Listed Apr 10, 2025 • MLS# 73357845 Copied! • Updated May 8, 2025

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.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$450/sq ft
Area Average
$293/sq ft
Difference
+53.5%

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

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.

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Recently Sold Nearby

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

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1930
Living Area 1,268 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Steam, Natural Gas
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer
Fireplace None
Basement Y
Laundry In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Assigned
Total Spaces 1
Electric Circuit Breakers, 60 Amps/less
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup
Annual Tax $5,067
Assessed Value $446,800

HOA & Community

HOA Fee $300 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 6
Seller 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
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 4
Sq Ft Source Field Card
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Essex
Total market time (incl. prior listings) 19 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
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

Room Details

First Floor

Bathroom1
Dining Room
Flooring - Hardwood
Kitchen
Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances, Gas Stove
Bathroom2
Bedroom2
Ceiling Fan(s), Flooring - Hardwood
Living Room
Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture
Master Bedroom
Ceiling Fan(s), Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Building, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1930
Structure Type: Garden
Exterior Materials: Brick, Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures: Workshop
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned
School District
Salem School District local
B-
School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
1.0 mi
Grades PK-08
The Greenhouse School
1.2 mi
Grades PK-08
B-
Saltonstall School
< 0.1 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
C-
Horace Mann Laboratory School
1.0 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
C+
Bentley Academy Innovation School
1.2 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.2 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.2 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
B
Witchcraft Heights School
1.5 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
B+
Bates School
1.6 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
C+
Collins Middle School
0.7 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.3 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.1 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
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Location

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Neighborhood

Downtown

195 Lafayette St # 4, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Philip O'Donnell
Listing Office Aluxety
Office Phone 800-806-3212
Agent MLS ID C8000753
Office MLS ID AN8387
Listing Data Updated May 8, 2025 9:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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