Sold for $560,000

$560,000

51 Lafayette St Unit 302, Salem, MA 01970

2beds

1,729sqft

Condominium

Built in 2004

-- sqft lot

$622,300 Zestimate^®

$324/sqft

$3,871 Estimated rent

Home value

$622,300

$591,000 - $653,000

$3,871/mo

Zestimate^® history

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$3,871/mo

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$3,945/mo

Est. payment

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$3,945/mo

Est. payment

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What's special

Historical sightsTiki hutHigh ceilingsCustom lightingMaster bedroomGourmet kitchenHardwood floors

Contemporary elegant sophisticated loft with walls of windows and custom lighting in historic downtown Salem. This is one of the largest units in the building with over 1700 square feet of open floor plan with high ceilings. Prepare your dinner in this state of the art gourmet kitchen. This incredible unit has washer and dryer, hardwood floors and tons of storage. Master bedroom has a beautiful walk in California closet with its own private bath. There are 2 elevators and an area for drop offs that provides a carriage and cart to carry things up in the elevator. Enjoy all the festivities that downtown Salem has to offer great restaurants; historical sights, tour the harbor on the Schooner ship fame or Mahi mahi or tiki hut, have a private party on the Hannah Glover. Easy access to Boston, close to the T or ferry into the city. In addition to all of these great amenities this desirable building is pet friendly! No showing until Open House July 9th from 12 to 2.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bathroom

Features: Yes

Heating

Natural Gas

Cooling

Central Air

Appliances

Laundry: In Unit

Features

Flooring: Wood, Tile
Basement: None
Has fireplace: No

Interior area

Total structure area: 1,729
Total interior livable area: 1,729 sqft

Property

Parking

Total spaces: 1
Parking features: Leased
Garage spaces: 1

Features

Waterfront features: Beach Ownership(Public)

Details

Parcel number: 4592011
Zoning: cc
Other equipment: Intercom

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Condition

Year built: 2004

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Intercom, TV Monitor, Security Gate

HOA

Amenities included: Elevator(s)
Services included: Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
HOA fee: $471 monthly

Location

Region: Salem

Financial & listing details

Price per square foot: $324/sqft
Tax assessed value: $489,900
Annual tax amount: $6,129
Date on market: 1/2/2026

Price history

Date	Event	Price
8/30/2023	Sold	$560,000$324/sqft
Source: MLS PIN #73131567 Report a problem
7/13/2023	Contingent	$560,000$324/sqft
Source: MLS PIN #73131567 Report a problem
7/3/2023	Listed for sale	$560,000+20.7%$324/sqft
Source: MLS PIN #73131567 Report a problem
10/7/2020	Sold	$464,000-1.1%$268/sqft
Source: Public Record Report a problem
8/30/2020	Pending sale	$469,000$271/sqft
Source: LandVest, Inc. #72713987 Report a problem
8/21/2020	Listed for sale	$469,000+38.6%$271/sqft
Source: LandVest, Inc. #72713987 Report a problem
7/23/2015	Sold	$338,325-3.1%$196/sqft
Source: Public Record Report a problem
4/23/2015	Pending sale	$349,000$202/sqft
Source: Merry Fox Realty #71805369 Report a problem
4/22/2015	Price change	$349,000-2.8%$202/sqft
Source: Merry Fox Realty #71805369 Report a problem
3/24/2015	Listed for sale	$359,000-9.4%$208/sqft
Source: Merry Fox Realty #71805369 Report a problem
4/19/2012	Listing removed	$2,100$1/sqft
Source: Merry Fox Realty #71362968 Report a problem
4/7/2012	Listed for rent	$2,100$1/sqft
Source: Merry Fox Realty #71362968 Report a problem
11/29/2005	Sold	$396,300$229/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,186 +3.3%	$545,500 +5.9%
2024	$5,988 -2.3%	$515,300 +5.2%
2023	$6,129	$489,900
2022	$6,129 +6.1%	$489,900 +17%
2021	$5,778 -4.3%	$418,700 +0.2%
2020	$6,040 +2.1%	$418,000 +6.7%
2019	$5,915 +6.8%	$391,700 +8.8%
2018	$5,537 +1.9%	$360,000 +5.1%
2017	$5,434 +4.8%	$342,600 +3.5%
2016	$5,187 +7.4%	$331,000 +12.5%
2015	$4,828 +13.4%	$294,200 +15.6%
2014	$4,256 -4.8%	$254,400 -11%
2012	$4,470 -3.6%	$286,000 -7.2%
2011	$4,638 -1.5%	$308,200 -8.3%
2010	$4,707 -1.6%	$336,000 -9.2%
2009	$4,783 +5.3%	$370,200 -4.9%
2008	$4,541 +5.8%	$389,100 -2.4%
2007	$4,292	$398,500