245 Lafayette Street # 1A, Salem MA 01970

Salem, MA 01970

$212,000

Beds

Baths

859

Sq Ft

$247

Price/Sq Ft

0.55

Acres

1971

Year Built

Parking

Condominium

Type

236

Days on Market

Sold Listed Nov 2, 2004 • MLS# 70112584 Copied! • Updated Mar 31, 2025

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Sale Statistics

Sale Overview

Original List Price: $214,900

                            Final Sale Price:
                            $212,000
                        

Difference: $2,900 (-1.3%)

Performance Metrics

98.7%

List to Sale Ratio

Sold below asking price

236

Days on Market

Extended listing

Price per Square Foot Analysis

Original $/sq ft: $250

                            Sale $/sq ft:
                            $247
                        

This property sold for $247 per square foot

Sale Summary

This property sold for 1.3% below the original asking price.

At 236 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property

$247/sq ft

Area Median

$431/sq ft

Difference

42.7%

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

About this home

Easy Living! In this recently remodeled spacious 2 bedroom condo. with gleaming hardwood floors, sunny private balcony, deeded parking space, lots of storage, cable/internet ready and pet friendly. Located in a professionally managed building near shopping, harbor, Salem State College and public transportation. Ready for you to moved into!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

41.9%

Price Range

237

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73437560

Full transaction history available when tracking began

🏷️

Previously Sold

Nov 20, 2025

$365,000

MLS #73437560

View Listing →

✓

Sold

Jun 27, 2005

$212,000

Property sold

Days on Market: 237

🏠

Listed for Sale

Nov 2, 2004

$214,900

Original listing

Office: Carlson GMAC Real Estate

Date	Event	Price	Change	$/sqft	Details
11/20/2025	🏷️ Previously Sold	$365,000	-	-	MLS #73437560
06/27/2005	✓ Sold	$212,000	-	-	Property sold
11/02/2004	🏠 Listed for Sale	$214,900	-	-	Original listing

Tax History

Year	Taxes	Assessment
2005	$2,227	$195,700

Financial Details

Annual Property Tax

$2,227

Tax Year 2005

HOA Fee

$199

Per month

Assessed Value

$195,700

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1971

Living Area 859 sq ft

Lot Size 0.55 acres

Stories 1

Bedrooms 2

Full Baths 1

Total Rooms 4

Interior

Heating Baseboard, Natural Gas, Individual

Cooling Wall Unit(s)

Flooring Wood, Vinyl, Carpet

Appliances Range, Dishwasher, Disposal, Refrigerator, Plumbed For Ice Maker

Fireplace None

Basement Y

Laundry None

Features None

Exterior

Construction Brick, Block

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, City/town Water, City/town Sewer

Sewer Public Sewer

Gas None

Other For Electric Range, Icemaker Connection

Financial

Annual Tax $2,227

Assessed Value $195,700

HOA & Community

HOA Fee $199

Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Amenities Hot Water, Elevator(s)

Optional Fee Includes None

Owner-Occupied Units 23

MA Disclosures

Lead Paint Unknown

Seller Disclosures None

Exclusions A/C Units & Appliances Left As Gifts No Warrenties Made.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 1A

Sq Ft Source Master Deed

Documents Master Deed, Unit Deed, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (6)

County Essex

Total market time (incl. prior listings) 237 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1971

Bedrooms

Full Bathrooms

Living Area

859 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Vinyl, Carpet

Appliances: Range, Dishwasher, Disposal, Refrigerator, Plumbed For Ice Maker

Interior Features:

Windows: Insulated Windows

Basement: Y

Laundry:

Security: Intercom

Construction & Materials

Year Built: 1971

Effective Year (Renovated): 2002

Structure Type: Garden

Exterior Materials: Brick, Block

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Individual

Heating Zones: 1

Cooling: Wall Unit(s)

Cooling Zones: 1

Hot Water:

Water Source: Public, City/Town Water, City/Town Sewer

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 Street # 1A, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent John Crosby

Listing Office Carlson GMAC Real Estate

Office Phone 781-631-8800

Agent MLS ID C0001273

Office MLS ID C60806

Listing Data Updated Mar 31, 2025 8:56 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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