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Off market
  • $579,200

    51 Lafayette St Unit 205, Salem, MA 01970

    2beds
    1,493sqft
    Condo
    Built in 2003
    -- sqft lot
    $579,200 Zestimate®
    $388/sqft
    $3,531 Estimated rent

    Home value

    $579,200

    $550,000 - $608,000

    $3,531/mo

    Zestimate® history
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    What's special

    Experience modern, sophisticated living in downtown Salem. Open floor plan with expansive entertaining space, sun-filled south-facing rooms with 12'+ coffered ceilings. Wall-to-wall windows in the living room, exposed brick. White kitchen cabinets, stainless steel finish appliances, and new Sea Shell Quartz counters. High-efficiency HVAC, and full-size in-unit Washer & Dryer. The building has two elevators, a gated drive-through, and entrances on two streets. Immerse yourself in the history of Salem, the amazing bakeries, restaurants, and museums (which are free to Salem residents). 60+ sit-down restaurants within 1/4 mile, museums including world-renowned Peabody Essex, national landmarks, and vibrant arts & music venues. From Derby Lofts, enjoy a 1-mile walk along the river and harbor's water edge to Derby Wharf Lighthouse. Derby Lofts is only 5 blocks to commuter rail & 11 blocks to Boston Harbor Ferry. Open Houses: Friday, May 13th, 4pm to 6pm; Saturday & Sunday noon to 2pm.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other, Gas
    Cooling
    • Central
    Appliances
    • Included: Washer
    Features
    • Basement: Yes
    Interior area
    • Total interior livable area: 1,493 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    • On waterfront: Yes
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: SALEM34L0485S805

    Construction

    Type & style
    • Home type: Condo
    Materials
    • steel
    • Roof: Other
    Condition
    • Year built: 2003

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $413 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $388/sqft
    • Tax assessed value: $501,000
    • Annual tax amount: $5,681

    Price history

    DateEventPrice
    6/27/2022Sold$540,000+8%$362/sqft
    Source: MLS PIN #72979553 Report a problem
    5/20/2022Pending sale$499,900$335/sqft
    Source: William Raveis Real Estate, Mortgage & Insurance #72979553 Report a problem
    5/20/2022Contingent$499,900$335/sqft
    Source: MLS PIN #72979553 Report a problem
    5/11/2022Listed for sale$499,900+39.6%$335/sqft
    Source: MLS PIN #72979553 Report a problem
    6/17/2016Sold$358,000-3%$240/sqft
    Source: Public Record Report a problem
    5/12/2016Pending sale$369,000$247/sqft
    Source: Experience Real Estate #71996391 Report a problem
    4/28/2016Listed for sale$369,000$247/sqft
    Source: Experience Real Estate #71996391 Report a problem
    8/17/2012Listing removed$2,100$1/sqft
    Source: Family Realty Advisors Report a problem
    8/3/2012Listed for rent$2,100+7.7%$1/sqft
    Source: Family Realty Advisors Report a problem
    3/2/2011Listing removed$1,950$1/sqft
    Source: William Raveis Real Estate #71177477 Report a problem
    1/16/2011Listed for rent$1,950$1/sqft
    Source: William Raveis Real Estate #71177477 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,681 +3.3%$501,000 +5.9%
    2024$5,499 -3.7%$473,200 +3.6%
    2023$5,712 $456,600
    2022$5,712 +6%$456,600 +17%
    2021$5,388 -4.4%$390,400 +0.1%
    2020$5,634 +2%$389,900 +6.6%
    2019$5,521 +6.8%$365,600 +8.7%
    2018$5,171 +1.9%$336,200 +5%
    2017$5,077 +4.7%$320,100 +3.5%
    2016$4,848 +7.4%$309,400 +12.4%
    2015$4,516 +13.4%$275,200 +15.6%
    2014$3,983 -4.7%$238,100 -11%
    2012$4,181 -3.6%$267,500 -7.2%
    2011$4,339 -1.4%$288,300 -8.2%
    2010$4,402 -1.5%$314,200 -9.2%
    2009$4,469 +5.4%$345,900 -4.8%
    2008$4,239 +5.8%$363,200 -2.4%
    2007$4,006 $372,000
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $579,200
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    Estimated market value
    $579,200