$1,700,000
PENDING

275 Lafayette St Salem, MA 01970

South Salem Neighborhood

Estimated payment $11,165/month

Total Views 14,857
0.52 Acre
$3,269,231 Price per Acre
22,651 Sq Ft Lot

Highlights

  • 0.52 Acre Lot
  • No HOA
  • Shops
  • Property is near public transit
  • Park
  • Bike Trail

About This Lot

Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.

Listing Agent

Merry Fox Team

MerryFox Realty Listed on: 01/09/2025

Co-Listing Agent

Dan Fox

MerryFox Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,690

Lot Details

  • 0.52 Acre Lot
  • Gentle Sloping Lot
  • Property is zoned HIST

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number 3304380,2135031

Community Details

Recreation

  • Park
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Shops

Property Details

Property Type

Land

Est. Annual Taxes

$23,690

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Special Features: None

Interior Features

  • MAIN LO: C95279

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Bike Path, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 3304380,2135031
  • Zoning: HIST
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.52
  • Lot Size Area: 0.52
  • Lot Size Sq Ft: 22651
  • Lot Size Units: Acres
  • PAGE: 64

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23690
  • Tax Book Number: 39779

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Pending -- -- --
02/14/2025 02/14/25 For Sale $1,700,000 0.0% --
01/27/2025 01/27/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $1,700,000 -- --
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73324811

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Salem 01970 South Salem

275 Lafayette St, Salem, MA

This home is located at 275 Lafayette St, Salem, MA 01970 and is currently priced at $1,700,000. 275 Lafayette St is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Horace Mann Laboratory.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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