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Pending
    • $649,000

    51 Lafayette St Unit 606, Salem, MA 01970

    2beds
    1,250sqft
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    Condominium
    Built in 2003
    -- sqft lot
    $608,300 Zestimate®
    $519/sqft
    $636/mo HOA

    What's special

    Stylish urban feelExposed ductworkExpansive private balconyStunning water viewsGreat spot to unwindSoaring ceilings
    Perched above the heart of Historic Salem in the desirable Derby Lofts, you will find this exceptional penthouse unit with stunning water views. This sophisticated residence showcases 2 spacious bedrooms and 2 full baths, soaring ceilings, exposed ductwork, an airy open-concept design living space, with walls of windows that fill the home with incredible natural light. The stylish urban feel blends perfectly with the warmth & comfort of this unique residence. Updates include a New Top of the line Bosch HVAC system and Navien high efficiency tankless water heater in 2023. Step outside onto the expansive private balcony, take in the incredible view while enjoying morning coffee or evening cocktails, a great spot to unwind! Derby Lofts is a pet friendly, elevator equipped building. Just moments from the Waterfront, Peabody Essex Museum, boutique shopping, exceptional restaurants, MBTA commuter rail and so much more! This fabulous Penthouse delivers the ultimate downtown coastal lifestyle!
    49 days
    |
    85
    |
    2
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    The Stead Team 978-771-0442,

    Gibson Sotheby's International Realty 978-255-3569

    Source: MLS PIN,MLS#: 73529994

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Bathroom - Full, Closet, Flooring - Hardwood
      • Level: First
      • Area: 234
      • Dimensions: 18 x 13
      Bedroom 2
      • Features: Closet, Flooring - Hardwood
      • Level: First
      • Area: 143
      • Dimensions: 13 x 11
      Primary bathroom
      • Features: Yes
      Bathroom 1
      • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
      • Level: First
      • Area: 60
      • Dimensions: 10 x 6
      Bathroom 2
      • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
      • Level: First
      • Area: 45
      • Dimensions: 9 x 5
      Kitchen
      • Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island
      • Level: First
      • Area: 88
      • Dimensions: 11 x 8
      Living room
      • Features: Flooring - Hardwood, Deck - Exterior
      • Level: First
      • Area: 299
      • Dimensions: 23 x 13
      Heating
      • Forced Air, Natural Gas, Unit Control
      Cooling
      • Central Air
      Appliances
      • Included: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
      • Laundry: First Floor, In Unit
      Features
      • Closet, Entrance Foyer
      • Flooring: Tile, Hardwood, Flooring - Hardwood
      • Has basement: No
      • Has fireplace: No
      • Common walls with other units/homes: No One Above
      Interior area
      • Total structure area: 1,250
      • Total interior livable area: 1,250 sqft
      • Finished area above ground: 1,250

      Property

      Parking
      • Total spaces: 2
      • Parking features: Leased
      • Uncovered spaces: 2
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Water, Harbor, Ocean
      • Has water view: Yes
      • Water view: Harbor,Ocean,Water
      • Waterfront features: Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
      Details
      • Parcel number: 4611703
      • Zoning: B5

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Stone
      • Roof: Tar/Gravel,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, Medical Facility, Public School, T-Station, University
      • Security: Intercom
      HOA
      • Amenities included: Elevator(s)
      • Services included: Water, Sewer, Insurance, Maintenance Structure, Snow Removal
      • HOA fee: $636 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $519/sqft
      • Tax assessed value: $527,000
      • Annual tax amount: $5,976
      • Date on market: 6/4/2026

        Estimated market value

        $608,300

        $578,000 - $639,000

        $3,446/mo

        Price history

        DateEventPrice
        6/23/2026Pending sale$649,000$519/sqft
        Source: MLS PIN #73529994 Report a problem
        6/9/2026Contingent$649,000$519/sqft
        Source: MLS PIN #73529994 Report a problem
        6/4/2026Listed for sale$649,000+21.1%$519/sqft
        Source: MLS PIN #73529994 Report a problem
        6/3/2025Listing removed$3,600$3/sqft
        Source: Zillow Rentals Report a problem
        5/27/2025Listed for rent$3,600$3/sqft
        Source: Zillow Rentals Report a problem
        1/7/2022Sold$536,000-2.4%$429/sqft
        Source: MLS PIN #72917923 Report a problem
        11/9/2021Listed for sale$549,000+74.3%$439/sqft
        Source: MLS PIN #72917923 Report a problem
        11/24/2009Sold$315,000-12.5%$252/sqft
        Source: Public Record Report a problem
        6/29/2009Listing removed$359,900$288/sqft
        Source: Mary Lynn Wulc #70876680 Report a problem
        5/22/2009Price change$359,900-2.7%$288/sqft
        Source: Mary Lynn Wulc #70876680 Report a problem
        5/1/2009Price change$369,900-2.1%$296/sqft
        Source: Mary Lynn Wulc #70876680 Report a problem
        2/18/2009Listed for sale$378,000-5.5%$302/sqft
        Source: Mary Lynn Wulc #70876680 Report a problem
        8/15/2007Sold$400,000$320/sqft
        Source: LINK #76499 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,976 +3.3%$527,000 +5.8%
        2024$5,787 -5.9%$498,000 +1.3%
        2023$6,150 $491,600
        2022$6,150 +5.6%$491,600 +16.4%
        2021$5,826 -4.4%$422,200 +0.2%
        2020$6,091 +2.1%$421,500 +6.7%
        2019$5,965 +6.9%$395,000 +8.8%
        2018$5,581 +1.9%$362,900 +5.1%
        2017$5,478 +4.8%$345,400 +3.5%
        2016$5,228 +7.4%$333,600 +12.5%
        2015$4,866 +13.4%$296,500 +15.6%
        2014$4,290 -4.8%$256,400 -11.1%
        2012$4,506 -3.6%$288,300 -7.2%
        2011$4,676 -1.5%$310,700 -8.3%
        2010$4,745 -1.6%$338,700 -9.2%
        2009$4,822 +5.4%$373,200 -4.8%
        2008$4,577 +5.8%$392,200 -2.4%
        2007$4,327 $401,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 01970

        Getting around

        99 / 100
        Walker's Paradise
        41 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Salem High

        Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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