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255 Lafayette St

Salem, MA 01970

1 bd 1 ba 850 sqft Built 1900 condos
Most recent sale
$360,000
May 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 18, 2022 Sold $360,000 MLS #72961552
Apr 4, 2022 Listed $349,900 MLS #72961552
May 31, 2017 Sold $260,000 MLS #72111138
Mar 31, 2017 Price changed $259,900 MLS #72111138
Jan 22, 2017 Listed $269,900 MLS #72111138
May 13, 2005 Sold $220,000 MLS #70155265
Mar 9, 2005 Listed $223,900 MLS #70155265
May 14, 1999 Sold $109,900 Public Record
Feb 25, 1981 Sold $55,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $368,800 $368,800 $4,182
2024 $349,900 $349,900 $4,066
2023 $323,400 $323,400 $4,046
2022 $294,900 $294,900 $3,907
2021 $292,500 $292,500 $4,037
2020 $273,100 $273,100 $3,946
2019 $253,200 $253,200 $3,823
2018 $235,000 $235,000 $3,614
2017 $186,300 $186,300 $2,955
2016 $179,400 $179,400 $2,811
2015 $179,200 $179,200 $2,941
2014 $172,200 $172,200 $2,881
2006 $208,700 $208,700 $2,340
2005 $193,500 $193,500 $2,202
2004 $166,700 $166,700 $1,952
2003 $135,900 $135,900 $1,749

Property facts

Year built
1900
Property type
condos
Stories
3
Beds
1
Baths
1
Living area
850 sqft
Lot size
ZIP code
01970
City
Salem
Street
Lafayette St
Coordinates
42.51009, -70.89112

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,465
Gross rental yield
8.22%
Implied cap rate
5.34%
Trend-extrapolated value

Frequently asked questions

When did 255 Lafayette St last sell?
255 Lafayette St most recently sold on May 18, 2022 for $360,000.
What is the current tax assessment for 255 Lafayette St?
The most recent total assessment for 255 Lafayette St (year 2025) is $368,800 with $4,182 in property tax.
How does 255 Lafayette St's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $360,000.
When was 255 Lafayette St built?
255 Lafayette St was built in 1900.
How does 255 Lafayette St compare to others on Lafayette St?
We track 8 other properties on Lafayette St. Browse the list under "Other properties on Lafayette St" to compare beds, baths, and sale history.
What are the property facts for 255 Lafayette St?
255 Lafayette St is a 1 bed, 1 bath, 850 sqft condos.
Is 255 Lafayette St a flip candidate?
No — 255 Lafayette St does not appear in our flips dataset.
Is 255 Lafayette St a tax-appeal candidate?
No — 255 Lafayette St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast

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