331 Lafayette St, Salem, MA 01970 Property Records

Essex County and Salem City property record for 331 Lafayette St, Salem, MA 01970

Property Summary

Property TypeOffice Building
Details3 ba · 25,164 sqft · built 2017
Lot Size0.815 acres (35,506 sqft)
Owner2 Company Names on Record
Last Sale$1,500,000 (May 2016)
Tax Bill$86,623 (2026)
Deeds & MortgagesSep 2026 Mortgage
Flood ZoneZone X (minimal risk)
APNSALE M:32 L:0231

Property Details

APN / Parcel Number

Primary APNSALE M:32 L:0231

Interior

Full Baths3 Baths
Half Baths6 Half Baths
Units3 Units
Stories3 Stories
Building Area25,164 sqft Total Area
Basement Area8,157 sqft
Unfinished Basement784 sqft

Exterior

Year BuiltBuilt 2017
Effective Year BuiltEffective 2017
Exterior MaterialWood Siding
Construction TypeSteel Frame
Roof TypeHip
Roof MaterialTar & Gravel
Lot Area35,506 sqft (0.815 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address331 LAFAYETTE ST
CitySALEM
StateMA
Zip01970-5420
Property CategoryCommercial
Property TypeCommercial > Office > Office Building
Local Zoning CodeB1
Legal Lot Number231
JurisdictionSALEM MA
Township / Civil DivisionSALEM
Census Block Group1
Census Block1010
Census Tract204101

Owner

Source: Essex County and Salem City records, as of October 21, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Company Names on Record
Mailing AddressPO BOX 270, MARBLEHEAD, MA 01945-0270
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleMay 31, 2016 · Amount on Record
Deed SaleMay 31, 2016 · Amount on Record
Prior SaleJun 28, 2002 · Amount on Record
Deed Document Number2016717
Deed Book / Page34965 / 4
Transfer Doc34965-4
Record UpdatedOct 29, 2026

September 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSALEM MA
Recording DateSep 28, 2026
Property Address331 LAFAYETTE ST, SALEM, MA 01970-5420
Document Number0000002980
Book / Page43654 / 53
Instrument DateSep 28, 2026
Instrument20262980
Transaction TypeMortgage
Record UpdatedOct 21, 2026

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000002980,
DateSep 28, 2026
Book Page43654/53
Instrument20262980
Lender
NameBAY BANK TRUST COMPANY
Agreement
AmountAmount Recorded
Interest
Max Rate-1%

Tax Assessment & Valuation

Source: Essex County and Salem City assessment roll, as of April 14, 2026

Property Jurisdictions

TypeName
StateMassachusetts
CountyEssex County
MunicipalitySalem City
Unified School DistrictSalem School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$86,623.00 (+1.45%)$3,957,200 (+4.83%) Land $967,000 Building $2,990,200
2025$85,384.00 (+2.49%)$3,774,700 (+7.34%) Land $900,600 Building $2,874,100
2024$83,311.00 (+7.19%)$3,516,700 (+14.25%) Land $815,300 Building $2,701,400
2023$77,720.00$3,078,000 Land $777,400 Building $2,300,600

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective July 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on Record
median of 10 individual policies
Nearby Flood Policies16 units insured
incl. 6 condo units
Nearby Flood Claims10 (1979–2018)
Claims Outside the SFHA2 of 10
Most Recent ClaimMar 2018 · Severe Winter Storm And Flooding
Claims by Event
  • Severe Storms And Flooding, May 2006 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemSALEM WATER DEPARTMENT
serves 44,480 people · EPA ID MA3258000
Water SourcePurchased surface water from SALEM AND BEVERLY WATER SUPPLY BOARD
Last State InspectionDec 2024

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 810 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 2,000
Verizon
Fixed Wireless · Fiber in parts of the area
300 / 20
AT&T
Fixed Wireless
100 / 20

May also be available: T-Mobile.

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