256 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

$439,900

Beds

Baths

1,256

Sq Ft

$350

Price/Sq Ft

1900

Year Built

Parking

Condominium

Type

101

Days on Market

Sold Listed Jun 16, 2025 • MLS# 73391633 Copied! • Updated Oct 23, 2025

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Sale Statistics

Sale Overview

Original List Price: $449,900

                            Final Sale Price:
                            $439,900
                        

Difference: $10,000 (-2.2%)

Performance Metrics

97.8%

List to Sale Ratio

Sold below asking price

101

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $358

                            Sale $/sq ft:
                            $350
                        

This property sold for $350 per square foot

Sale Summary

This property sold for 2.2% below the original asking price.

At 101 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property

$350/sq ft

Area Median

$435/sq ft

Difference

19.5%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Enjoy all Salem has to offer in this bright and airy loft-style condo featuring exposed beams and lots of natural light. The unit has brand new windows, as well as a recently updated kitchen that includes new stainless steel appliances, white Shaker cabinets, and tile backsplash. The main level is perfect for entertaining and features an open-concept living room, kitchen, and dining area, as well as a spacious bedroom with walk-in closet, updated full bathroom, and washer and dryer. The loft area is a versatile space that can be used as a home office or a guest room complete with an en suite bathroom. There's also a huge, private storage area in the basement and two designated parking spaces. The condo fee includes heat and hot water! Located near Salem State University, Forest River Park, and nearby all downtown Salem has to offer, this condo is a peaceful oasis in the heart of the city.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

16.6%

Price Range

103

Total Days on Market

Previous Sales

Property Timeline

✓

Sold

Oct 23, 2025

$439,900

Property sold

Days on Market: 103

🏠

Listed for Sale

Jun 16, 2025

$444,900

Original listing

Agent: Elizabeth Fair Office: Aluxety

Previous Transaction - MLS #73228324

Full transaction history available when tracking began

🏷️

Previously Sold

Jun 14, 2024

$371,000

MLS #73228324

View Listing →

Date	Event	Price	Change	$/sqft	Details
10/23/2025	✓ Sold	$439,900	-	-	Property sold
06/16/2025	🏠 Listed for Sale	$444,900	-	-	Original listing
06/14/2024	🏷️ Previously Sold	$371,000	-	-	MLS #73228324

Tax History

Year	Taxes	Assessment
2025	$4,747	$418,600

Financial Details

Annual Property Tax

$4,747

Tax Year 2025

HOA Fee

$587

Monthly

Assessed Value

$418,600

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 1900

Living Area 1,256 sq ft

Bedrooms 1

Full Baths 2

Total Rooms 4

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Carpet, Laminate, Flooring - Wall To Wall Carpet

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

Fireplace None

Basement Y

Laundry Main Level, Second Floor, In Unit, Electric Dryer Hookup

Features Study

Exterior

Construction Frame

Architecture None

Roof None

Features Professional Landscaping

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street, Assigned, Paved

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range, For Electric Dryer

Financial

Annual Tax $4,747

Assessed Value $418,600

HOA & Community

HOA Fee $587 Monthly

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

Amenities Hot Water, Storage

Optional Fee Includes None

MA Disclosures

Seller Disclosures Some Of The Listing Photos Have Been Virtually Staged.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Townhouse"]

Unit/Building 3

Sq Ft Source Public Record

Sq Ft Disclosures Approx.

Documents Master Deed, Other (see Remarks)

County Essex

Total market time (incl. prior listings) 103 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1900

Bedrooms

Full Bathrooms

Living Area

1,256 sq ft

Total Rooms

Stories

Entry Level

Main Level Bedrooms

Floor Layout

Interior Features

Flooring: Tile, Carpet, Laminate, Flooring - Wall to Wall Carpet

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

Interior Features: Study

Windows:

Basement: Y

Laundry: Main Level, Second Floor, In Unit, Electric Dryer Hookup

Security:

Construction & Materials

Year Built: 1900

Structure Type: Townhouse

Exterior Materials: Frame

Roof:

Foundation:

Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Cooling: Central Air

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: Professional Landscaping

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Off Street, Assigned, Paved

Nearby Schools

School information not available for this location.

Location

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Neighborhood

256 Lafayette St # 3, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Elizabeth Fair

Listing Office Aluxety

Office Phone 800-806-3212

Agent MLS ID BB985392

Office MLS ID AN8387

Listing Data Updated Oct 23, 2025 2:43 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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Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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