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Sold for $595,000
    • $595,000

    51 Lafayette St Unit 203, Salem, MA 01970

    2beds
    1,563sqft
    Condominium
    Built in 2003
    -- sqft lot
    $623,700 Zestimate®
    $381/sqft
    $3,355 Estimated rent

    Home value

    $623,700

    $593,000 - $655,000

    $3,355/mo

    Zestimate® history
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    What's special

    Reading areaPicturesque waterfrontMultiple closetsAppointed kitchenExposed brickGranite countersHardwood flrs
    Welcome to the epitome of chic urban living in the vibrant heart of Downtown Salem at Derby Lofts, be just steps away from the picturesque waterfront, museums, restaurants, shops, cafes & nightlife. As you enter this open-concept loft you are greeted with soaring ceilings, exposed brick and hardwood flrs that effortlessly blend a cool vibe to enjoy. Beautifully appointed kitchen offers generous cabinet space, granite counters, NEW SS appliances and breakfast bar that creates a seamless flow between the kitchen, dining and living areas, perfect for entertaining. Recharge in your en suite complete w/ multiple closets, a reading area and full bath. Equally tranquil is a 2nd bedroom w/ WIC or could makes perfect home office. Abundance of storage space accommodates your lifestyle while keeping everything in its place. Bonus NEWLY installed high-efficiency HVAC and Hot Water system. Professionally managed building w/, elevator access & a welcoming pet friendly association.

    Zillow last checked:

    Listing updated:

    Listed by:

    Zoe Karademos 781-405-7122,

    Coldwell Banker Realty - Beverly 978-927-1111

    Bought with:

    Zoe Karademos

    Coldwell Banker Realty - Beverly

    Source: MLS PIN,MLS#: 73180635

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Bathroom - Full, Closet, Flooring - Hardwood
    • Level: Second
    Bedroom 2
    • Features: Walk-In Closet(s), Flooring - Hardwood
    • Level: Second
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Full
    • Level: Second
    Bathroom 2
    • Features: Bathroom - Full
    • Level: Second
    Dining room
    • Features: Flooring - Hardwood
    • Level: Second
    Kitchen
    • Features: Flooring - Hardwood, Pantry, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Cabinets - Upgraded, Open Floorplan, Stainless Steel Appliances
    • Level: Second
    Living room
    • Features: Flooring - Hardwood, Open Floorplan
    • Level: Second
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Washer
    • Laundry: Second Floor, In Unit
    Features
    • Flooring: Hardwood
    • Windows: Insulated Windows
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,563
    • Total interior livable area: 1,563 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Common
    • Garage spaces: 1
    • Uncovered spaces: 1
    Features
    • Entry location: Unit Placement(Upper)
    • Exterior features: City View(s)
    • Has view: Yes
    • View description: City
    • Waterfront features: Harbor, Ocean, 1/2 to 1 Mile To Beach
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: M:34 L:0485 S:803,4580588
    • Zoning: B5

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Stone
    • Roof: Rubber
    Condition
    • Year built: 2003

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, Marina, T-Station, University
    • Security: Intercom, Security Gate
    HOA
    • Amenities included: Elevator(s)
    • Services included: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
    • HOA fee: $414 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $381/sqft
    • Tax assessed value: $449,400
    • Annual tax amount: $5,622
    • Date on market: 12/12/2025

    Price history

    DateEventPrice
    3/8/2024Sold$595,000$381/sqft
    Source: MLS PIN #73180635 Report a problem
    12/17/2023Contingent$595,000$381/sqft
    Source: MLS PIN #73180635 Report a problem
    11/15/2023Listed for sale$595,000+41.7%$381/sqft
    Source: MLS PIN #73180635 Report a problem
    5/15/2019Sold$420,000+31.3%$269/sqft
    Source: Public Record Report a problem
    12/29/2017Listing removed$2,200$1/sqft
    Source: Coldwell Banker Residential Brokerage - Salem #72234151 Report a problem
    10/7/2017Price change$2,200-6.4%$1/sqft
    Source: Coldwell Banker Residential Brokerage - Salem #72234151 Report a problem
    9/28/2017Price change$2,350-6%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Salem #72234151 Report a problem
    7/22/2017Listed for rent$2,500+16.3%$2/sqft
    Source: Thumbprint Realty, LLC #72202224 Report a problem
    6/28/2017Sold$320,000-5.3%$205/sqft
    Source: Public Record Report a problem
    9/2/2016Listing removed$338,000$216/sqft
    Source: Experience Real Estate #72023782 Report a problem
    8/13/2016Price change$338,000-0.3%$216/sqft
    Source: Experience Real Estate #72023782 Report a problem
    7/16/2016Price change$338,888-2.9%$217/sqft
    Source: Experience Real Estate #72023782 Report a problem
    6/16/2016Listed for sale$349,000+15.2%$223/sqft
    Source: Experience Real Estate #72023782 Report a problem
    6/5/2015Sold$303,000-0.7%$194/sqft
    Source: Public Record Report a problem
    4/12/2015Pending sale$305,000$195/sqft
    Source: REAL LIVING SCHRUENDER REAL ESTATE #71796428 Report a problem
    12/8/2014Price change$305,000-4.4%$195/sqft
    Source: REAL LIVING SCHRUENDER REAL ESTATE #71722287 Report a problem
    11/6/2014Price change$319,000-1.8%$204/sqft
    Source: REAL LIVING SCHRUENDER REAL ESTATE #71722287 Report a problem
    10/3/2014Price change$325,000-4.1%$208/sqft
    Source: REAL LIVING SCHRUENDER REAL ESTATE #71722287 Report a problem
    9/3/2014Listed for sale$339,000-19.3%$217/sqft
    Source: REAL LIVING SCHRUENDER REAL ESTATE #71722287 Report a problem
    8/27/2014Sold$419,963+16.7%$269/sqft
    Source: Public Record Report a problem
    7/31/2014Listed for sale$359,900-0.8%$230/sqft
    Source: Real Living Schruender Real Estate #71722287 Report a problem
    8/11/2012Listing removed$2,150$1/sqft
    Source: Family Realty Advisors Report a problem
    8/3/2012Listed for rent$2,150$1/sqft
    Source: Family Realty Advisors Report a problem
    11/23/2005Sold$362,825$232/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,678 +3.5%$500,700 +6%
    2024$5,487 -2.4%$472,200 +5.1%
    2023$5,622 $449,400
    2022$5,622 +5.4%$449,400 +16.3%
    2021$5,334 -4.4%$386,500 +0.1%
    2020$5,582 +3.4%$386,300 +8.1%
    2019$5,398 +6.7%$357,500 +8.7%
    2018$5,058 +1.8%$328,900 +5%
    2017$4,967 +4.7%$313,200 +3.5%
    2016$4,743 +7.3%$302,700 +12.4%
    2015$4,421 +13.4%$269,400 +15.6%
    2014$3,900 -4.7%$233,100 -11%
    2012$4,093 -3.6%$261,900 -7.2%
    2011$4,246 -1.4%$282,100 -8.2%
    2010$4,307 -1.5%$307,400 -9.2%
    2009$4,372 +5.5%$338,400 -4.8%
    2008$4,146 +5.8%$355,300 -2.4%
    2007$3,919 $363,900
    Find assessor info on the county website

    Neighborhood: 01970

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    Estimated market value
    $623,700
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    Estimated market value
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