FeaturesFlooring - Vinyl, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Stainless Steel Appliances, Lighting - Overhead
LevelThird
245 Lafayette St # 3B, Salem MA 01970
Salem, MA 01970 • South Salem
$465,000
Est. $3,151/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
Adjust the payment calculatorTrack this home for price, status, and open-house alerts.
Open House Schedule
15
Nov
Sunday, November 15
11:30 AM - 1:30 PM EST
14
Nov
Saturday, November 14
2:00 PM - 4:00 PM EST
About this home
Move right into this beautifully updated, sun-filled top-floor condo in a convenient South Salem location! This bright and inviting 2-bedroom unit offers an open living and dining area with hardwood flooring throughout and access to a private balcony. The kitchen features granite countertops and stainless steel appliances, while the newly renovated full bathroom offers a fresh, modern feel. The primary bedroom features a spacious walk-in closet, providing excellent storage. Additional highlights include in-unit laundry, elevator access, extra storage, and one off-street parking space. Located in a professionally managed, non-smoking building near Salem State University, downtown Salem, shops, restaurants, and public transportation. Enjoy low-maintenance condo living with easy access to all that Salem has to offer!
View in the App
Save this property, schedule tours instantly, and get alerts when the price drops
Scan with phone
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
Price & Status History
Property Timeline
Listed for Sale
Nov 11, 2026
$465,000
Original listing
Agent: Christopher Comeau
Office: Real Estate 109
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/11/2026 | 🏠 Listed for Sale | $465,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $3,929 | $364,500 |
Financial Details
Annual Property Tax
$3,929
Tax Year 2026
HOA Fee
$272
Monthly
Assessed Value
$364,500
Facts & Features
Home Facts
Type
Residential
Style
Condominium
Year Built
1971
Living Area
874 sq ft
Lot Size
0.55 acres
Stories
1
Bedrooms
2
Full Baths
1
Total Rooms
5
Interior
Heating
Baseboard, Natural Gas
Cooling
Wall Unit(s)
Flooring
Tile, Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Laundry Closet, Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Washer Hookup, Third Floor, In Building, In Unit
Features
Central Vacuum, Elevator
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, 100 Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$3,929
Assessed Value
$364,500
HOA & Community
HOA Fee
$272 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
Hot Water, Laundry, Elevator(s)
Optional Fee Includes
None
Down Payment Resource
Eligible
Pets
Yes w/ Restrictions
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Listing Agent Is Broker Owner. Parking Space #5
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Low-Rise"]
Unit/Building
3B
Sq Ft Source
Public Record
Documents
Master Deed, Unit Deed, Rules & Regs, Association Financial Statements, Certificate Of Insurance (5)
County
Essex
Total market time (incl. prior listings)
1 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
1971
Bedrooms
2
Full Bathrooms
1
Living Area
874 sq ft
Total Rooms
5
Stories
1
Entry Level
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
874 sq ft above grade
FeaturesCloset, Flooring - Hardwood, Lighting - Overhead
LevelThird
FeaturesBathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Recessed Lighting, Lighting - Sconce
LevelThird
FeaturesFlooring - Hardwood, Lighting - Overhead
LevelThird
FeaturesFlooring - Hardwood, Balcony - Exterior, Recessed Lighting, Slider
LevelThird
FeaturesWalk-In Closet(s), Flooring - Hardwood, Lighting - Overhead
LevelThird
FeaturesNo
Display Options
Room Markers
KKitchen (1)
BRBedroom (2)
BABathroom (2)
DDining (1)
LLiving (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Central Vacuum, Elevator
Windows:
Basement:
Y
Laundry:
Laundry Closet, Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Washer Hookup, Third Floor, In Building, In Unit
Security:
Intercom
Construction & Materials
Year Built:
1971
Effective Year (Renovated):
2002
Structure Type:
Low-Rise
Exterior Materials:
Brick, Stone
Roof:
Rubber
Foundation:
Stories:
1
Utilities & Systems
Heating:
Baseboard, Natural Gas
Heating Zones:
1
Cooling:
Wall Unit(s)
Cooling Zones:
3
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 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
Elementary Schools
3 schools
C+
Saltonstall School
0.2 mi
|
#525 of 825
|
Score: 43.9
Improved 43 spots from last year
-14.3 below state avg
267 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
The Greenhouse School
0.9 mi
Grades PK-08
C
Horace Mann Laboratory School
1.0 mi
|
#654 of 825
|
Score: 38.1
Improved 67 spots from last year
-20.1 below state avg
320 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
Middle Schools
3 schools
B-
Collins Middle School
0.8 mi
|
#203 of 352
|
Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Village School
1.3 mi
|
#265 of 825
|
Score: 51.8
Dropped 76 spots from last year
-6.4 below state avg
480 students
Less Diverse
Strong Attendance
Grades 04-06
A-
Marblehead Veterans Middle School
1.7 mi
|
#88 of 352
|
Score: 50.8
Dropped 35 spots from last year
-7.4 below state avg
347 students
Moderate
Grades 07-08
High Schools
3 schools
B+
Salem Academy Charter School
0.5 mi
|
#141 of 346
|
Score: 57.0
Improved 95 spots from last year
-1.2 below state avg
477 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B+
Salem High School
1.1 mi
|
#124 of 346
|
Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
A-
Marblehead High School
1.7 mi
|
#82 of 346
|
Score: 62.5
Dropped 39 spots from last year
+4.3 above state avg
807 students
Moderate
20 sports
• 2,426 athletes
Strong AP Program
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-12
Learn about these ratings
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$327
Homeowners Insurance
$200
HOA Fee
$272/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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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.
Location
Loading map...
Neighborhood
South Salem
245 Lafayette St # 3B, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Christopher Comeau
Listing Office
Real Estate 109
Office Phone
617-489-5110
Agent MLS ID
CT004728
Office MLS ID
BB5170
Listing Data Updated
Nov 12, 2026 3:30 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
Contact Us
Ask about this property — free, no obligation.
Similar Homes for Sale
Comparable Properties
Customize Comparable Search
Finding comparable properties...
Loading market insights for Salem.
