275 Lafayette St Salem, MA 01970

$1,700,000
0.5 acres
Land

Property details

About 275 Lafayette St

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.

Highlights

Home typeResidential
StatusActive
Lot size0.52 Acres
MLS #73324811

Summary

  • MLS Number: 73324811
  • MLS Name: MLS Property Information Network
  • Office Name: MerryFox Realty
  • Office Phone: (978) 808-8064
  • Listing Agent: Merry Fox Team

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,700,000

275 Lafayette St

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Price information

Property sales

DateEventPrice
Apr 16, 2021
Home Sold
$875,000
Aug 05, 1997
Home Sold
$280,000

Tax history

YearAssessmentProperty Tax
2024$1,000,000$23,690
2023$978,300$24,702
2022$1,008,000$26,520
2021$1,330,900$-
2020$1,309,400$-
2019$1,292,100$-

History based on county public records data.

Nearby schools

1

Horace Mann Laboratory

Public District KG-5

1.0 mi

79 Willson St

7

Village School

Public District 3-6

1.3 mi

93 Village St

3

Bentley Academy Innovation School

Public District KG-5

1.4 mi

25 Memorial Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $78,284. The majority of Salem, MA residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

15%
<35k
54%
35k-100k
23%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
8%
Single, with Kids
28%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Symphony or OperaSymphony or Opera
  • Continuing Education CoursesContinuing Education Courses
  • Yoga/pilatesYoga/pilates

Where do the neighbors shop?

  • Chico'sChico's
  • Express/Express For MenExpress/Express For Men
  • H&MH&M

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • QdobaQdoba
  • Dominos PizzaDominos Pizza

What do the neighbors drive?

  • VolvoVolvo
  • VolkswagenVolkswagen
  • AudiAudi

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Urban ContemporaryUrban Contemporary
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 275 Lafayette St

This home is located at 275 Lafayette St in Salem, MA and zip code 01970. Features: 0 bathroom. It has been listed on Rocket Homes since January 9, 2025 and is currently priced at $1,700,000.

Over 21 listings were sold over their listed price in December 2024 in Salem, MA. In the same period over 12 listings were sold below the listed price and 5 listings were sold for the listed price. The inventory of homes for sale in Salem, MA between November and December 2024 decreased by 22.4%. In December 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $599,975.

From Rocket Homes Real Estate and based on county public records data.

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