$379,900

245 Lafayette St Unit 1A Salem, MA 01970

South Salem Neighborhood

Estimated payment $2,581/month

2 Beds
1 Bath
859 Sq Ft
$442 Price per Sq Ft

Highlights

  • Medical Services
  • Property is near public transit
  • Porch
  • Deck
  • Wood Flooring
  • Intercom

About This Home

Conveniently located within walking distance to downtown, only a few blocks to Salem State University, and on the bus line. 245 Lafayette Street, Unit #1A is a 2 bedroom 1 bath first floor condominium featuring a private deck and 1 car parking. The building has professional management, an elevator, lower level common laundry, a separate storage space, and separate heating and hot water systems. The kitchen was redone about 20 years ago. The main living area, which includes an open living room/dining area has hard wood flooring has direct access to the private deck. The 2 bedrooms have newly installed wall-to-wall carpeting. 245 Lafayette Street also offers ease of commuting access to Salem Hospital, major roadways, train and bus service, as well as the "Vibrant" lifestyle of Salem's downtown. Please reach out for an appointment or with any questions you may have.

Listing Agent

Mary Stewart

Compass Listed on: 09/30/2025

Compass

Co-Listing Agent

Heather Stewart Kaznoski

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,955

Year Built

  • Built in 1971

HOA Fees

  • $237 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor

Interior Spaces

  • 859 Sq Ft Home
  • 1-Story Property
  • Intercom
  • Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Car Parking Space
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Public Elementary And Middle School
  • Public High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 4375068

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 24 Units
  • The Continental Condominium Community

Amenities

  • Medical Services
  • Shops
  • Laundry Facilities

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,955

Year Built

Built in 1971

Lot Details

0

HOA Fees

$237 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1971
  • Entry Level: 1
  • Year Built Details: Approximate
  • Year Round: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Carpet
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Wood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl
  • Laundry Features: In Building
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood, Deck - Exterior
  • Basement: Y
  • Above Grade Finished Sq Ft: 859
  • Accessibility Features: No
  • Living Area: 859
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN2383
  • Insulation: Mixed, Unknown

Exterior Features

  • Exterior Features: Porch
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Other
  • Waterfront Features: Harbor, Ocean, Unknown To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None
  • Heating: Baseboard
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 237
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: 4375068
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Private

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3955

Multi Family

  • Number Of Units Total: 24
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Public
  • Elementary School: Public
  • Middle Or Junior School: Public

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,955 $348,800 $0 $348,800
2024 $3,930 $338,200 $0 $338,200
2023 $3,811 $304,600 $0 $304,600
2022 $3,446 $260,100 $0 $260,100
2021 $3,344 $242,300 $0 $242,300
2020 $3,357 $232,300 $0 $232,300
2019 $3,228 $213,800 $0 $213,800
2018 $2,805 $182,400 $0 $182,400
2017 $2,677 $168,800 $0 $168,800
2016 $2,282 $145,600 $0 $145,600
2015 $2,297 $140,000 $0 $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2025 09/30/25 For Sale $379,900 -- $442 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Condominium Deed -- None Available
Deed $199,000 --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73437560

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000464-000801-000801