Offered at $249,900Active Under Contract

beds: 2
baths: 1
sq ft: 720
Built: 1972

5 Lancelot Ct #2

Salem, NH 03079

Residential · Active Under Contract · MLS #73557616
Listing Courtesy of DiPietro Group Real Estate | Lena Bouchrouche

The home

About this home

LOCATION & CONVENIENCE! Welcome to Lancelot Court, where convenience meets comfort! This well-maintained, owner occupied, 2-bedroom, 1-bath condo is ideally located just minutes from the vibrant Tuscan Village, offering premier shopping, dining, entertainment, fitness, and year-round events. Commuters will love the easy access to Route 28, I-93, Route 97, and just 35 minutes to Boston. Inside, enjoy a bright, functional layout with spacious living areas, generously sized bedrooms, and abundant natural light throughout. Residents also enjoy on-site laundry, professionally maintained common areas, and low-maintenance living. Whether you're looking for an affordable place to call home or a fantastic investment opportunity, this condo offers exceptional value in one of Salem's most convenient locations. Don't miss your chance to own in the desirable Lancelot Court community!

Property information

Details at a glance

Interior3 property facts

Rooms: 4
Heating: Baseboard, Natural Gas
Cooling: Wall Unit(s)

Building3 property facts

Style: Condominium
Year built: 1972
Parking: 2

Land & utilities4 property facts

Lot size: 0.04 acres
Water: Public
Sewer: Public Sewer
Zoning: GA

Financial3 property facts

Annual taxes: $2,502
Assessment year: 2025
HOA fee: $359 (billing period not supplied)

Plan your purchase

Estimated monthly cost

Explore costs at the $249,900 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,472 / monthAdjust

Down payment (%)Interest rate (%)Loan termMonthly property tax ($)Monthly insurance ($)Monthly HOA ($)

Principal & interest: $1,264
Property tax: $209
Insurance: Not entered
HOA: Not entered

Listing annual taxes: $2,502. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $359. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

Sld
$249,000 · Sold $240,000 · Feb 19, 2025

Compare with confidence

Price & market context

See how this home compares with active listings in Salem.

This home compared with active listings in Salem
Metric	This home	Local listings
List price	$249,900	$564,90056% below local
Price / sq ft	$347	$3768% below local
Days on market	35	3017% above local

Active city listing statistics from MLS PIN as of September 12, 2026. Asking prices are not completed-sale values.

Automated value estimate $271,318

Estimated range $262,554–$280,081.

Automated estimates are not appraisals or guarantees of market value.

Request a professional market analysis

Comparable properties 3 supplied

Sold Jul 28, 2026

$255,000

262 E Haverhill St #2

Sold Jun 30, 2026

$270,000

244 Mount Vernon St #9

Sold Jul 27, 2026

$270,000

242 Mount Vernon St #6

Photo-based condition insights

Overall presentation: average

Generated by Repliers from listing photography; not a substitute for an inspection.

Keep exploring

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Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.

$249,900

5 Lancelot Court #2, Salem, NH 03079

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Condominium

$239,900

50 N Main Street #1, Salem, NH 03079

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$269,900

11 Tiffany Road #Apt # 1, Salem, NH 03882

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Common questions

About 5 Lancelot Ct #2

Can I request a private showing?

Request a tour of 5 Lancelot Ct #2 and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Bean Group · eXp Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/12/26.

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