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256 Lafayette St

Salem, MA 01970

2 bd 1 ba 1,000 sqft Built 1900 condos
Most recent sale
$400,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $400,000 MLS #72907665
Oct 13, 2021 Listed $399,900 MLS #72907665
Apr 5, 2021 Listing removed $2,400 MLSPIN
Jun 30, 2020 Sold $235,000 MLS #72671144
Jun 10, 2020 Listed $229,999 MLS #72671144
Aug 20, 1998 Sold $110,000 Public Record
Dec 16, 1988 Sold $130,000 Public Record
Sep 29, 1988 Sold $155,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $393,900 $393,900 $4,467
2024 $367,700 $367,700 $4,273
2023 $339,200 $339,200 $4,243
2022 $305,500 $305,500 $4,048
2021 $285,600 $285,600 $3,941
2020 $273,200 $273,200 $3,948
2019 $255,600 $255,600 $3,860
2018 $271,500 $271,500 $4,176
2017 $264,900 $264,900 $4,201
2016 $261,700 $261,700 $4,101
2015 $244,100 $244,100 $4,006
2014 $235,300 $235,300 $3,937
2006 $254,500 $254,500 $2,853
2005 $250,000 $250,000 $2,845
2004 $262,900 $262,900 $3,079
2003 $212,400 $212,400 $2,734

Property facts

Year built
1900
Property type
condos
Stories
Beds
2
Baths
1
Living area
1,000 sqft
Lot size
ZIP code
01970
City
Salem
Street
Lafayette St
Coordinates
42.50990, -70.89212

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
$2,900
Gross rental yield
8.70%
Implied cap rate
5.66%
Trend-extrapolated value

Frequently asked questions

When did 256 Lafayette St last sell?
256 Lafayette St most recently sold on Jan 28, 2022 for $400,000.
What is the current tax assessment for 256 Lafayette St?
The most recent total assessment for 256 Lafayette St (year 2025) is $393,900 with $4,467 in property tax.
How does 256 Lafayette St's assessment compare to its last sale price?
The current assessment is 1.5% below the last sale price of $400,000.
When was 256 Lafayette St built?
256 Lafayette St was built in 1900.
How does 256 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 256 Lafayette St?
256 Lafayette St is a 2 bed, 1 bath, 1,000 sqft condos.
Is 256 Lafayette St a flip candidate?
Yes — 256 Lafayette St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 256 Lafayette St a tax-appeal candidate?
No — 256 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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