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245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970
$389,900
Est. $2,738/month
2
Beds
1
Baths
881
Sq Ft
$443
Price/Sq Ft
1971
Year Built
7 hours 6 minutes
Time on Market
Active Open House Listed May 14, 2026 • MLS# 73518542 Copied!

About this home

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!

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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

Open House Schedule

17
May
Sunday, May 17
12:00 PM - 1:30 PM EDT

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

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

Location

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Neighborhood

245 Lafayette St # 3G, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

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 Greenhouse School
0.9 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
B-
Saltonstall School
0.2 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
1.4 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
1.4 mi
106 students Diverse
Diverse Student Body
Grades PK
B-
Carlton School
1.5 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
1.8 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
0.8 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
0.5 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
1.0 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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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $330
Homeowners Insurance $200
HOA Fee $237/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
May 14, 2026
$389,900
Original listing
Agent: Elizabeth Walters Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
May 14, 2026 New Listing Added $389,900

Market Statistics

Time on Market
7 hours 6 minutes
Price per Sq Ft
$443

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

Listing Information

Listing Agent Elizabeth Walters
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CT005088
Office MLS ID AN6221
Listing Data Updated May 14, 2026 3:30 AM 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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Market Analytics for Salem, MA

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