270 Lafayette St # 1, Salem MA 01970

Salem, MA 01970
$469,900
2
Beds
1.5
Baths
1,261
Sq Ft
$373
Price/Sq Ft
0.24
Acres
1880
Year Built
3
Parking
14
Days on Market
Sold Listed Jan 10, 2024 • MLS# 73192280 Copied! • Updated Feb 29, 2024

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Sale Statistics

Sale Overview
Original List Price: $479,900
Final Sale Price: $469,900
Difference: $10,000 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $381
Sale $/sq ft: $373
This property sold for $373 per square foot
Sale Summary

This property sold for 2.1% below the original asking price.

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

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$373/sq ft
Area Median
$297/sq ft
Difference
+25.6%

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

About this home

Remarkably unique - Large 1st floor condo offering a blend of historic elegance & modern amenities. With 2 bedrooms & 1.5 baths, this converted 1880's Victorian home boasts period architectural woodwork. Elegant & spacious rooms feature decorative columns, high ceilings & natural light from an abundance of oversized windows. New kitchen, w/granite tops & stainless steel appliances, multiple bay & bow windows throughout - along w/charming window bench & cozy reading nook - all provide a warm, inviting appeal. Bonuses include an exclusive use back deck & your own separate entrance. Common laundry in basement (serves 2 of the building's 3 units) & your place comes with 3 off-street parking spaces. Located a short 15 min walk to nearby beaches & Forest River Park, & South to Salem State University & Marblehead's Rail Trail, or North to downtown Salem's Restaurants / Shops / Parks, the Waterfront & the Commuter Rail to Boston.

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Recently Sold Nearby

Property History

Market Insights

5.8%
Price Range
15
Total Days on Market

Property Timeline

Current Active Listing - MLS #73588359
Full transaction history available when tracking began
🏡
Currently Listed
Oct 8, 2026
$499,000
MLS #73588359 - Active
✓
Sold
Feb 29, 2024
$469,900
Property sold
Days on Market: 15
🏠
Listed for Sale
Jan 10, 2024
$469,900
Original listing
Agent: The Mitchell Team Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2023 $5,102 $407,800

Financial Details

Annual Property Tax
$5,102
Tax Year 2023
HOA Fee
$350
Monthly
Assessed Value
$407,800

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1880
Living Area 1,261 sq ft
Lot Size 0.24 acres
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace Master Bedroom
Fireplaces 1
Basement Y
Laundry Common Area, In Building
Features Entrance Foyer, Sitting Room

Exterior

Construction Frame
Architecture None
Roof Slate, Rubber
Features Porch, Deck, Deck - Wood, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck, Deck - Wood
Features Off Street, Deeded, Paved
Total Spaces 3
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven
Annual Tax $5,102
Assessed Value $407,800

HOA & Community

HOA Fee $350 Monthly
Fee Includes Water, Sewer, Insurance, Trash, Reserve Funds
Amenities Hot Water
Optional Fee Includes None
Owner-Occupied Units 3
Seller Disclosures Fireplace In Primary Bedroom Has Decorative Wooden Insert, But Remains Functional.
Possession None
Accepted Financing None
Structure Type ["Garden"]
Unit/Building 1
Sq Ft Source Public Record
Sq Ft Disclosures All measurements are approximate.
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate Of Insurance (7)
County Essex
Total market time (incl. prior listings) 15 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1880
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,261 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features: Entrance Foyer, Sitting Room
Windows: Insulated Windows
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1880
Structure Type: Garden
Exterior Materials: Frame
Roof: Slate, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features: Thermostat

Exterior & Lot

Exterior Features: Porch, Deck, Deck - Wood, Rain Gutters
Patio & Porch: Porch, Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Deeded, Paved

Special Features

Fireplaces: 1
Fireplace Type: Master Bedroom
Community Amenities: Public Transportation, Shopping, Pool, Park, Medical Facility, Conservation Area, Public School, T-Station, University
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
0.8 mi
Grades PK-08
The Phoenix School
1.2 mi
Grades PK-08
C+
Saltonstall School
0.3 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
C
Horace Mann Laboratory School
0.9 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
C+
Bentley Academy Innovation School
1.5 mi | #531 of 825 | Score: 43.7
Improved 180 spots from last year
-14.5 below state avg
277 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
1.5 mi
107 students Diverse
Diverse Student Body
Grades PK
B
Witchcraft Heights School
1.5 mi | #340 of 825 | Score: 49.4
Improved 210 spots from last year
-8.8 below state avg
465 students Diverse
Rising School Diverse Student Body
Grades K-05
B-
Carlton School
1.6 mi | #470 of 825 | Score: 45.5
Dropped 49 spots from last year
-12.7 below state avg
249 students Diverse
Diverse Student Body
Grades K-05
B+
Bates School
1.9 mi | #319 of 825 | Score: 50.0
Improved 260 spots from last year
-8.2 below state avg
415 students Diverse
Rising School Diverse Student Body
Grades PK-05
M

Middle Schools

1 school
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
H

High Schools

2 schools
B+
Salem Academy Charter School
0.6 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
1.0 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
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Location

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Neighborhood

270 Lafayette St # 1, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent The Mitchell Team
Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID TEAM0064
Office MLS ID C95098
Listing Data Updated Feb 29, 2024 1:14 PM EST
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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Steve Novak Real Estate
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