$400,000
SOLD MAY 15, 2025

323 Lafayette St Unit 3 Salem, MA 01970

South Salem Neighborhood
2 Beds
1 Bath
868 Sq Ft
$283/mo HOA Fee

Recently Sold

$461 Per Sq Ft

6% Below List Price

139 Days on Market

Highlights

  • Marina
  • Medical Services
  • Corner Lot
  • Golf Course Community
  • Property is near public transit
  • 5-minute walk to Forest River Park

About This Home

As of May 2025

Located just steps from Salem State University, this cozy 2-bedroom, 1-bath condominium offers the perfect combination of convenience, comfort, and modern living. Situated in a pet-friendly complex with low fees, this home is ideal for both students and professionals alike. The open-concept living and dining area is filled with natural light and features a charming wood-burning fireplace. The kitchen has granite countertops and stainless steel appliances. Unit comes with two parking spaces, storage in basement, outdoor shared space with storage shed for bikes and lawn equipment, and in-building laundry. With close proximity to the University and Salem Hospital, easy access to major roadways and bus service, this unit offers the ideal location for enjoying the vibrant lifestyle of this picturesque town.

Last Agent to Sell the Property

Michele Goodwin

Leading Edge Real Estate Listed on: 10/10/2024

Leading Edge Real Estate

Last Buyer's Agent

Evelyn Rockas

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,395

Year Built

  • Built in 1920

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room with Fireplace
  • Laminate Flooring
  • Intercom
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking
  • Deeded Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 2 Cooling Zones
  • 3 Heating Zones
  • Radiant Heating System
  • Electric Baseboard Heater

Listing and Financial Details

  • Assessor Parcel Number 2134326

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, trash
  • 7 Units
  • Low-Rise Condominium
  • Lafayette Street Condominium Community

Amenities

  • Medical Services
  • Common Area
  • Shops
  • Laundry Facilities

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,395

Year Built

Built in 1920

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Low-Rise
  • Year Built: 1920
  • Entry Level: 2
  • Year Built Details: Actual
  • Year Round: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Laminate
  • Entry Location: Unit Placement(Upper)
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Laminate
  • Room Bedroom2 Area: 144
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Laminate
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 168
  • Bathroom 1 Area: 68.4
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Room Dining Room Features: Flooring - Laminate
  • Room Dining Room Level: First
  • Room Dining Room Area: 115.2
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Laminate, Countertops - Stone/Granite/Solid, Recessed Lighting, Stainless Steel Appliances
  • Room Kitchen Area: 99
  • Laundry Features: Common Area, In Building
  • Room Living Room Level: First
  • Room Living Room Area: 175.2
  • Room Living Room Features: Flooring - Laminate
  • Basement: Y
  • Above Grade Finished Sq Ft: 868
  • Living Area: 868
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 472.35
  • PRICE PER Sq Ft: 460.83
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: Corner
  • Construction Materials: Frame
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Deeded
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Wall Unit(s)
  • Heating: Electric Baseboard, Radiant
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association Fee: 282.95
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, House of Worship, Marina, Public School, University
  • Senior Community YN: No
  • UNIT BUILDING: 3
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Trash

Lot Info

  • Parcel Number: 2134326
  • Zoning: --
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 527
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3395.36
  • Tax Book Number: 39005

Multi Family

  • Number Of Units Total: 7
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
May 15, 2025
Sold by
Conti Marissa and Conti Joseph
Bought by
Bradshaw Randy and Limberakis George
Seller's Agent
Michele Goodwin
Leading Edge Real Estate
Buyer's Agent
Evelyn Rockas
Coldwell Banker Realty - Lynnfield
List Price
$424,000
Sold Price
$400,000
Premium/Discount to List
-$24,000
-5.66%
Views
424
Current Estimated Value
$403,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,931
Avg. Annual Appreciation
-0.26%
Original Mortgage
$250,000
Outstanding Balance
$249,337
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,293

Purchase Details

Listed on
Aug 17, 2020
Closed on
Sep 28, 2020
Sold by
Sanches Felipe V
Bought by
Gonzalez Marissa
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
Michele Goodwin
Leading Edge Real Estate
List Price
$274,900
Sold Price
$300,000
Premium/Discount to List
$25,100
9.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$279,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 20, 2018
Sold by
Schey Nicole
Bought by
Sanches Felipe V
Seller's Agent
Dan Bernal
Atlantic Coast Homes,Inc
Buyer's Agent
Thierry Hygino
Dell Realty Inc.
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
Original Mortgage
$232,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Petrosino Lynne
Bought by
Schey Noah

Purchase Details

Closed on
Mar 27, 2003
Sold by
Wong Peter K
Bought by
Petrosino Lynne and Sheldon Laurra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,060
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $400,000 None Available
Not Resolvable $300,000 None Available
Deed $240,000 --
Deed $240,000 --
Deed $139,900 --
Deed $139,900 --
Deed $198,000 --
Deed $198,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Purchase Money Mortgage
Closed $250,000 Purchase Money Mortgage
Previous Owner $279,300 New Conventional
Previous Owner $232,800 New Conventional
Previous Owner $7,200 Unknown
Previous Owner $134,818 FHA
Previous Owner $25,000 No Value Available
Previous Owner $192,060 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $400,000 -2.4% $461 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $410,000 -1.0% $472 / Sq Ft
12/05/2024 12/05/24 Price Changed $414,000 -2.4% $477 / Sq Ft
11/08/2024 11/08/24 For Sale $424,000 +6.0% $488 / Sq Ft
10/22/2024 10/22/24 Off Market $400,000 -- --
10/10/2024 10/10/24 For Sale $424,000 +41.3% $488 / Sq Ft
09/30/2020 09/30/20 Sold $300,000 +9.1% $346 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $274,900 +14.5% $317 / Sq Ft
09/20/2018 09/20/18 Sold $240,000 -4.0% $276 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $249,900 -- $288 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

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 $3,826 $337,400 $0 $337,400
2024 $3,395 $292,200 $0 $292,200
2023 $3,652 $291,900 $0 $291,900
2022 $3,535 $266,800 $0 $266,800
2021 $3,347 $242,500 $0 $242,500
2020 $3,266 $226,000 $0 $226,000
2019 $3,058 $202,500 $0 $202,500
2018 $2,924 $190,100 $0 $190,100
2017 $2,825 $178,100 $0 $178,100
2016 $2,502 $159,700 $0 $159,700
2015 $2,440 $148,700 $0 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73301189

MLS Property Information Network (MLS PIN)

APN: SALE-000032-000000-000229-000803-000803