245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970

$400,000

Beds

Baths

881

Sq Ft

$454

Price/Sq Ft

1971

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed May 13, 2026 • MLS# 73518542 Copied! • Updated Jun 12, 2026

Track this home for price, status, and open-house alerts.

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

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 15 similar properties sold within 0.5 miles in the last 90 days

This Property

$454/sq ft

Area Median

$425/sq ft

Difference

+6.9%

This property sold slightly above the area median for similar homes.

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!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

17.5%

Price Range

Total Days on Market

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

View Listing →

Date	Event	Price	Change	$/sqft	Details
06/12/2026	✓ Sold	$400,000	-	-	Property sold
05/17/2026	📋 Status: Active under contract	-	-	-	Active → Active Under Contract
05/16/2026	⏳ Pending Sale	-	-	-	Offer accepted, sale pending
05/14/2026	🏠 Listed for Sale	$389,900	-	-	Original listing
05/14/2026	🏠 Listed for Sale	$389,900	-	-	Original listing
06/15/2021	🏷️ Previously Sold	$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

Parking

Features Off Street, Deeded

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

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

MA Disclosures

Seller Disclosures None

Additional Details

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

Sold

Year Built

1971

Bedrooms

Full Bathrooms

Living Area

881 sq ft

Total Rooms

Stories

Entry Level

Main Level Bedrooms

Floor Layout

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

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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

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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