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Off market
  • $628,000

    51 Lafayette St Unit 404, Salem, MA 01970

    2beds
    1,584sqft
    Condo
    Built in 2003
    -- sqft lot
    $628,000 Zestimate®
    $396/sqft
    $3,762 Estimated rent

    Home value

    $628,000

    $597,000 - $659,000

    $3,762/mo

    Zestimate® history
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    What's special

    Welcome to the Derby Lofts in the heart of downtown Salem! 2 bedrooms, 2 baths, twelve-foot ceilings, seven-foot tall windows, light streaming in from every room, ocean views, and wide open spaces comprising 1584 sq ft. This is a rear corner unit overlooking bustling Derby and Central Streets, and the ocean. Luxuriate in fabulous modern loft living and commanding panoramic views of the ocean and the city from this amazing spot in downtown Salem. Two high-speed elevators, one-floor living, in-unit laundry, and the best in chic sophisticated dining at the numerous waterfront restaurants and cafés, all within a few blocks! The building contains six different shops, including wine & cheese and the renowned A&J artisan bakery. Only 5 blocks to the commuter rail, Peabody Essex Museum, Salem Witch Museum, and other historical points of interest. Don't miss this fabulous opportunity!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave
    Features
    • Intercom
    Interior area
    • Total interior livable area: 1,584 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 22.96 Acres
    Details
    • Parcel number: SALEM34L0485S826

    Construction

    Type & style
    • Home type: Condo
    Materials
    • steel
    • Roof: Built-up
    Condition
    • Year built: 2003

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $504 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $396/sqft
    • Tax assessed value: $543,600
    • Annual tax amount: $6,164

    Price history

    DateEventPrice
    7/13/2018Sold$430,000$271/sqft
    Source: Public Record Report a problem
    6/9/2018Pending sale$430,000$271/sqft
    Source: Hammond Residential Real Estate #72333405 Report a problem
    6/7/2018Price change$430,000-2.8%$271/sqft
    Source: Hammond Residential Real Estate #72333405 Report a problem
    5/24/2018Listed for sale$442,500+28.8%$279/sqft
    Source: Hammond Residential Real Estate #72333405 Report a problem
    7/18/2014Sold$343,500-7.1%$217/sqft
    Source: Public Record Report a problem
    7/9/2014Listed for sale$369,900$234/sqft
    Source: Merry Fox Realty #71710874 Report a problem
    5/24/2014Listing removed$2,300$1/sqft
    Source: North Shore Realty Advisors Report a problem
    4/24/2014Listed for rent$2,300$1/sqft
    Source: Zillow Rental Network Report a problem
    8/21/2013Listing removed$2,300$1/sqft
    Source: Merry Fox Realty #71561433 Report a problem
    7/28/2013Listed for rent$2,300$1/sqft
    Source: Merry Fox Realty #71561433 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,164 +3.2%$543,600 +5.8%
    2024$5,972 -4.5%$513,900 +2.8%
    2023$6,256 $500,100
    2022$6,256 +5.6%$500,100 +16.5%
    2021$5,926 -4.3%$429,400 +0.2%
    2020$6,193 +1.4%$428,600 +6%
    2019$6,105 +10.3%$404,300 +12.4%
    2018$5,534 +1.9%$359,800 +5.1%
    2017$5,432 +4.8%$342,500 +3.5%
    2016$5,184 +7.4%$330,800 +12.5%
    2015$4,826 +13.4%$294,100 +15.7%
    2014$4,254 -0.9%$254,300 -7.4%
    2012$4,294 -3.6%$274,700 -7.2%
    2011$4,455 -1.4%$296,000 -8.2%
    2010$4,520 -1.5%$322,600 -9.2%
    2009$4,589 +5.4%$355,200 -4.8%
    2008$4,355 +5.8%$373,200 -2.4%
    2007$4,116 $382,200
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $628,000
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    Estimated market value
    $628,000