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Off market
  • $622,300

    51 Lafayette St Unit 505, Salem, MA 01970

    2beds
    1,457sqft
    Condo
    Built in 2003
    -- sqft lot
    $622,300 Zestimate®
    $427/sqft
    $3,701 Estimated rent

    Home value

    $622,300

    $591,000 - $653,000

    $3,701/mo

    Zestimate® history
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    $3,701/mo

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    $3,889/mo

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    $3,889/mo

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    What's special

    $40,000 - Price Drop - Derby Lofts - Water View - 1336 SF living space + 121 SF balcony/deck - Experience Modern Sophisticated Loft Living in Downtown Salem only 5 blocks to commuter rail & 11 to Boston Harbor Ferry. Experience sun-filled south facing rooms with tall ceilings and big windows, Lay in your master bedroom and see the sun rise over the Salem Harbor 8 months of the year. Many custom features in this one owner home: luxuious master bath with granite vanity top and elegant glass enclosed shower, thoughtful built-ins in each closet. Of course maple kitchen cabinets, granite counters, stainless steel finish kitchen appliances, high efficiency HVAC, in-unit Washer & Dryer. BUILDING - Two elevators, gated drive-through and entrances on two streets. FIRST FLOOR SHOPS - cheese & wine, antiques & curios, pizza parlor, cosmetics & hair salon/spa, and coffee house within A&J artisan bakery. NEIGHBORHOOD - restaurants, museums - Peabody Essex, national landmarks, Arts & Music Venues

    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
    Interior area
    • Total interior livable area: 1,457 sqft

    Property

    Features
    • Exterior features: Brick
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: SALEM34L0485S838

    Construction

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

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $41 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $427/sqft
    • Tax assessed value: $532,100
    • Annual tax amount: $6,034

    Price history

    DateEventPrice
    4/20/2022Sold$547,000+2.2%$375/sqft
    Source: MLS PIN #72956159 Report a problem
    3/29/2022Contingent$535,000$367/sqft
    Source: MLS PIN #72956159 Report a problem
    3/23/2022Listed for sale$535,000+34.1%$367/sqft
    Source: MLS PIN #72956159 Report a problem
    6/28/2016Sold$399,000$274/sqft
    Source: Public Record Report a problem
    5/11/2016Pending sale$399,000$274/sqft
    Source: Experience Real Estate #71989283 Report a problem
    4/28/2016Price change$399,000-6.8%$274/sqft
    Source: Experience Real Estate #71989283 Report a problem
    4/22/2016Price change$428,000-2.5%$294/sqft
    Source: Experience Real Estate #71989283 Report a problem
    4/15/2016Listed for sale$439,000+7.1%$301/sqft
    Source: Experience Real Estate #71989283 Report a problem
    12/8/2005Sold$409,900$281/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,034 +1.4%$532,100 +3.9%
    2024$5,948 -1.9%$511,900 +5.6%
    2023$6,062 $484,600
    2022$6,062 +5.6%$484,600 +16.5%
    2021$5,741 -4.4%$416,000 +0%
    2020$6,008 +1.9%$415,800 +6.5%
    2019$5,894 +6.7%$390,300 +8.6%
    2018$5,526 +5.3%$359,300 +8.6%
    2017$5,246 +4.8%$330,800 +3.5%
    2016$5,008 +7.4%$319,600 +12.5%
    2015$4,664 +13.4%$284,200 +15.6%
    2014$4,114 -4.7%$245,900 -11%
    2012$4,319 -3.6%$276,300 -7.2%
    2011$4,480 -1.5%$297,700 -8.3%
    2010$4,546 -1.6%$324,500 -9.2%
    2009$4,618 +5.4%$357,400 -4.8%
    2008$4,382 +5.8%$375,500 -2.4%
    2007$4,142 $384,600
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $622,300
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    Estimated market value
    $622,300