BMN Boston

Get our mobile app!

Download on the App Store

245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970
$400,000
2
Beds
1
Baths
881
Sq Ft
$454
Price/Sq Ft
1971
Year Built
1
Parking
14
Days on Market
Closed Listed May 13, 2026 • MLS# 73518542 Copied! • Updated Jun 12, 2026

Sale Statistics

Sale Overview
Original List Price: $389,900
Final Sale Price: $400,000
Difference: +$10,100 (+2.6%)
Performance Metrics
102.6%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $443
Sale $/sq ft: $454
This property sold for $454 per square foot
Sale Summary

This property sold for 2.6% above the original asking price, indicating strong buyer demand.

With only 14 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$454/sq ft
Area Average
$258/sq ft
Difference
+75.9%

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

About this home

OPEN HOUSE CANCELED- OFFER ACCEPTED! Welcome to “The Continental” condo - this bright and sunny penthouse unit offers two bedrooms, a private balcony, in-unit laundry and off-street deeded parking. Notably expansive rooms, hardwood floors throughout, crown molding, ceiling fans, Harvey windows, and air conditioning. The kitchen is updated with stainless steel appliances, upgraded cabinets and ample counter space. The primary bedroom is large with a generous-sized walk-in closet and large windows. Enjoy carefree living in this professionally managed, non-smoking, brick building. Conveniently located to Downtown Salem, Historic Waterfront, shops, restaurants, and Salem State University. Additional amenities include elevator access, exclusive storage, low condo fee that includes Hot Water and it’s pet friendly. What a special opportunity to enjoy a wonderful Salem lifestyle, right on the fringe of Downtown!

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

17.5%
Price Range
17
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jun 12, 2026
$400,000
Property sold
Days on Market: 17
📋
Status: Active under contract
May 17, 2026
Active → Active Under Contract
Pending Sale
May 16, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 14, 2026
$389,900
Original listing
Agent: Elizabeth Walters Office: Coldwell Banker Realty - Marblehead
🏠
Listed for Sale
May 14, 2026
$389,900
Original listing
Agent: Elizabeth Walters Office: Coldwell Banker Realty - Marblehead
Previous Transaction - MLS #72825845
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 15, 2021
$330,000
MLS #72825845

Tax History

Year Taxes Assessment
2026 $3,959 $368,300

Financial Details

Annual Property Tax
$3,959
Tax Year 2026
HOA Fee
$237
Monthly
Assessed Value
$368,300

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1971
Living Area 881 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 5

Interior

Heating Baseboard, Natural Gas
Cooling Wall Unit(s), Individual
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry First Floor, In Unit
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street, Deeded
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,959
Assessed Value $368,300

HOA & Community

HOA Fee $237 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal
Amenities Hot Water, Elevator(s)
Optional Fee Includes None
Pets Yes
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 3G
Sq Ft Source Field Card
Documents Master Deed, Unit Deed, Rules & Regs, Master Plan, Management Association Bylaws (5)
County Essex
Total market time (incl. prior listings) 17 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
881 sq ft
Total Rooms
5
Stories
1
Entry Level
3
Main Level Bedrooms
2

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Lighting - Sconce, Pedestal Sink

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Main,First Floor

Dining Room
Flooring - Hardwood, Lighting - Overhead, Crown Molding
Kitchen
Flooring - Hardwood, Stainless Steel Appliances, Lighting - Overhead
Bedroom2
Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding
Living Room
Ceiling Fan(s), Flooring - Hardwood, Balcony / Deck, Deck - Exterior, Exterior Access, Open Floorplan, Slider, Lighting - Overhead, Crown Molding
Master Bedroom
Ceiling Fan(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: Y
Laundry: First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1971
Structure Type: Low-Rise
Exterior Materials: Brick, Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Wall Unit(s), Individual
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Deeded

Nearby Schools

School information not available for this location.

Location

Loading map...

Neighborhood

245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Elizabeth Walters
Listing Office Coldwell Banker Realty - Marblehead
Office Phone 781-631-9511
Agent MLS ID CT005088
Office MLS ID AN6221
Listing Data Updated Jun 12, 2026 2:21 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

245 Lafayette St # 3G, Salem MA 01970 - Photo 1 245 Lafayette St # 3G, Salem MA 01970 - Photo 2 245 Lafayette St # 3G, Salem MA 01970 - Photo 3 245 Lafayette St # 3G, Salem MA 01970 - Photo 4 245 Lafayette St # 3G, Salem MA 01970 - Photo 5 245 Lafayette St # 3G, Salem MA 01970 - Photo 6 245 Lafayette St # 3G, Salem MA 01970 - Photo 7 245 Lafayette St # 3G, Salem MA 01970 - Photo 8 245 Lafayette St # 3G, Salem MA 01970 - Photo 9 245 Lafayette St # 3G, Salem MA 01970 - Photo 10 245 Lafayette St # 3G, Salem MA 01970 - Photo 11 245 Lafayette St # 3G, Salem MA 01970 - Photo 12 245 Lafayette St # 3G, Salem MA 01970 - Photo 13 245 Lafayette St # 3G, Salem MA 01970 - Photo 14 245 Lafayette St # 3G, Salem MA 01970 - Photo 15 245 Lafayette St # 3G, Salem MA 01970 - Photo 16 245 Lafayette St # 3G, Salem MA 01970 - Photo 17 245 Lafayette St # 3G, Salem MA 01970 - Photo 18 245 Lafayette St # 3G, Salem MA 01970 - Photo 19 245 Lafayette St # 3G, Salem MA 01970 - Photo 20 245 Lafayette St # 3G, Salem MA 01970 - Photo 21 245 Lafayette St # 3G, Salem MA 01970 - Photo 22 245 Lafayette St # 3G, Salem MA 01970 - Photo 23 245 Lafayette St # 3G, Salem MA 01970 - Photo 24 245 Lafayette St # 3G, Salem MA 01970 - Photo 25 245 Lafayette St # 3G, Salem MA 01970 - Photo 26 245 Lafayette St # 3G, Salem MA 01970 - Photo 27 245 Lafayette St # 3G, Salem MA 01970 - Photo 28 245 Lafayette St # 3G, Salem MA 01970 - Photo 29
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour