Welcome to this newly refreshed condo at 245 Lafayette St in historic Salem. This PET FRIENDLY condo has been entirely repainted and features new carpets in the bedrooms with gleaming hardwood floors in the living areas. Immediately upon entering the condo you will take notice of the spacious living area with hardwood floors and direct access to your private balcony. An updated kitchen is located just off the dining area. Down the hall is a spacious primary bedroom with a walk in closest. The second generous-sized bedroom also features a custom closet. The IN UNIT washer/dryer is located within the bathroom. One deed parking space and additional private storage complete this unique condo offering. This condo offers easy access to all Salem has to offer. Located just a couple of blocks from Palmer Cove, a 10 minute walk to Forest River Park, and close proximity to all the attractions and restaurants in the bustling Salem downtown area.
Sold for $415,000
$415,000
245 Lafayette St APT 1E, Salem, MA 01970
2beds
881sqft
Condominium
Built in 1971
-- sqft lot
$427,700 Zestimate®
$471/sqft
$2,698 Estimated rent
Home value
$427,700
$385,000 - $470,000
$2,698/mo
Zestimate® history
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List your homeWhat's special
Updated kitchenGleaming hardwood floorsSpacious primary bedroomCustom closet
Zillow last checked:
Listing updated:
Listed by:
Michael Hegarty 781-910-8291,
Premier Realty Group, Inc. 781-944-4140
Bought with:
Kelsey Strout
Keller Williams Realty Evolution
Source: MLS PIN,MLS#: 73317269
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Natural Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
- Laundry: In Unit
Features
- Flooring: Carpet, Hardwood
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 881
- Total interior livable area: 881 sqft
Property
Parking
- Total spaces: 1
- Parking features: Off Street, Assigned, Deeded, Paved
- Uncovered spaces: 1
Features
- Exterior features: Balcony
- Waterfront features: Bay, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Lot
- Size: 0.55 Acres
Details
- Parcel number: M:33 L:0464 S:805,4323517
- Zoning: R3
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Brick, Stone
- Roof: Rubber
Condition
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Public School, University
HOA
- Amenities included: Hot Water, Elevator(s)
- Services included: Water, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
- HOA fee: $237 monthly
Location
- Region: Salem
Financial & listing details
- Price per square foot: $471/sqft
- Tax assessed value: $342,800
- Annual tax amount: $3,983
- Date on market: 1/12/2026
- Listing terms: Contract,Estate Sale
- Exclusions: Personal Belongings.
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $415,000+5.1%$471/sqft |
Source: MLS PIN #73317269 Report a problem | ||
| 12/11/2024 | Contingent | $395,000$448/sqft |
Source: MLS PIN #73317269 Report a problem | ||
| 12/4/2024 | Listed for sale | $395,000+54.9%$448/sqft |
Source: MLS PIN #73317269 Report a problem | ||
| 11/15/2018 | Sold | $255,000-1.9%$289/sqft |
Source: Public Record Report a problem | ||
| 9/30/2018 | Pending sale | $259,900$295/sqft |
Source: Martel Real Estate #72366173 Report a problem | ||
| 7/21/2018 | Listed for sale | $259,900+23.2%$295/sqft |
Source: Martel Real Estate #72366173 Report a problem | ||
| 4/16/2004 | Sold | $211,000$240/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,009 +0.7% | $353,500 +3.1% |
| 2024 | $3,983 +3% | $342,800 +10.9% |
| 2023 | $3,867 | $309,100 |
| 2022 | $3,867 +14% | $309,100 +25.7% |
| 2021 | $3,393 -0.8% | $245,900 +3.9% |
| 2020 | $3,419 +4.9% | $236,600 +9.6% |
| 2019 | $3,259 +15.1% | $215,800 +17.2% |
| 2018 | $2,831 +4.3% | $184,100 +7.6% |
| 2017 | $2,714 +17.3% | $171,100 +15.9% |
| 2016 | $2,313 -0.7% | $147,600 +4% |
| 2015 | $2,329 -1.9% | $141,900 |
| 2014 | $2,374 -1% | $141,900 -7.6% |
| 2012 | $2,399 -8.7% | $153,500 -12.1% |
| 2011 | $2,628 +1.8% | $174,600 -5.2% |
| 2010 | $2,581 +1.1% | $184,200 -6.8% |
| 2009 | $2,553 +5.6% | $197,600 -4.6% |
| 2008 | $2,418 +4.6% | $207,200 -3.4% |
| 2007 | $2,311 | $214,600 |
Find assessor info on the county website
Neighborhood: 01970
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Nearby schools
GreatSchools rating
- 5/10Saltonstall SchoolGrades: K-8Distance: 0.2 mi
- NASalem Prep High SchoolGrades: 9-12Distance: 0.8 mi
- 6/10Collins Middle SchoolGrades: 6-8Distance: 0.8 mi
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Estimated market value
$427,700
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Estimated market value
$427,700
- Massachusetts
- Essex County
- Salem
- 01970
- 245 Lafayette St Apartment 1E
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