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Sold for $485,000
  • $485,000

    51 Lafayette St Unit 610, Salem, MA 01970

    2beds
    1,000sqft
    Condominium
    Built in 2003
    -- sqft lot
    $532,300 Zestimate®
    $485/sqft
    $2,792 Estimated rent

    Home value

    $532,300

    $495,000 - $575,000

    $2,792/mo

    Zestimate® history
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    What's special

    Penthouse living in the heart of Downtown Salem at Derby Lofts, be just steps away from the picturesque waterfront, museums, restaurants, shops, cafes & nightlife. As you enter this open-concept loft you are greeted with soaring ceilings, oversized windows and hardwood flrs that effortlessly blend the perfect living space with spectacular views and westward sunsets. Granite and SS Kitchen, Central Air, In-unit laundry and ample storage are all included in this great opportunity. Professionally managed building with elevator access, Drive-thru exclusive drop off for residents only & a welcoming pet friendly association make you feel right at home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Zoe Karademos 781-405-7122,

    Coldwell Banker Realty - Beverly 978-927-1111

    Bought with:

    Janet Stuart

    Coldwell Banker Realty - Concord

    Source: MLS PIN,MLS#: 73237685

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Closet, Flooring - Hardwood
    • Level: First
    Bedroom 2
    • Features: Closet, Flooring - Hardwood
    • Level: First
    Bathroom 1
    • Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
    • Level: First
    Kitchen
    • Features: Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Gas Stove
    • Level: First
    Living room
    • Features: Open Floorplan
    • Level: First
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Laundry: First Floor, In Unit
    Features
    • Flooring: Hardwood, Wood Laminate
    • Windows: Insulated Windows
    • Basement: None
    • Has fireplace: No
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 1,000
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Common, Leased
    • Uncovered spaces: 1
    Features
    • Waterfront features: Harbor, Ocean, 3/10 to 1/2 Mile To Beach
    Lot
    • Size: 0.48 Acres
    Details
    • Parcel number: M:34 L:0485 S:854,4656145
    • Zoning: B5

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick
    Condition
    • Year built: 2003

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Park, Highway Access, Marina, T-Station, University
    • Security: Intercom, Security Gate
    HOA
    • Amenities included: Elevator(s)
    • Services included: Water, Sewer, Insurance, Security, Snow Removal, Trash, Reserve Funds
    • HOA fee: $406 monthly
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $485/sqft
    • Tax assessed value: $413,400
    • Annual tax amount: $4,804
    • Date on market: 9/11/2025

    Price history

    DateEventPrice
    10/16/2024Sold$485,000+0%$485/sqft
    Source: MLS PIN #73237685 Report a problem
    9/14/2024Contingent$484,900$485/sqft
    Source: MLS PIN #73237685 Report a problem
    9/6/2024Price change$484,900-3%$485/sqft
    Source: MLS PIN #73237685 Report a problem
    6/8/2024Price change$499,900-3.1%$500/sqft
    Source: MLS PIN #73237685 Report a problem
    5/14/2024Listed for sale$516,000+32.6%$516/sqft
    Source: MLS PIN #73237685 Report a problem
    11/9/2019Listing removed$1,995$2/sqft
    Source: William H Goldberg Family LLC Report a problem
    10/23/2019Listed for rent$1,995-2.7%$2/sqft
    Source: William H Goldberg Family LLC Report a problem
    6/14/2018Listing removed$389,000$389/sqft
    Source: Coldwell Banker Residential Brokerage - Salem #72312338 Report a problem
    5/23/2018Price change$389,000-2.5%$389/sqft
    Source: Coldwell Banker Residential Brokerage - Salem #72312338 Report a problem
    4/20/2018Listing removed$2,050$2/sqft
    Source: William H Goldberg Family LLC Report a problem
    4/20/2018Listed for sale$399,000+48.9%$399/sqft
    Source: Coldwell Banker Residential Brokerage - Salem #72312338 Report a problem
    3/1/2018Listed for rent$2,050+7.9%$2/sqft
    Source: William H Goldberg Family LLC Report a problem
    12/15/2015Sold$268,000-7.3%$268/sqft
    Source: Public Record Report a problem
    11/14/2015Pending sale$289,000$289/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71824809 Report a problem
    8/5/2015Price change$289,000-3.3%$289/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71824809 Report a problem
    4/28/2015Listed for sale$299,000+32.9%$299/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71824809 Report a problem
    7/24/2014Listing removed$1,900$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71657450 Report a problem
    4/10/2014Listed for rent$1,900+5.6%$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71657450 Report a problem
    7/19/2013Listing removed$1,800$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71541000 Report a problem
    6/13/2013Listed for rent$1,800$2/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71541000 Report a problem
    8/31/2012Sold$225,000-16.4%$225/sqft
    Source: Public Record Report a problem
    7/18/2012Listed for sale$269,000$269/sqft
    Source: Coldwell Banker Residential Brokerage - Marblehead #71410573 Report a problem
    5/2/2011Listing removed$269,000$269/sqft
    Source: Coldwell Banker Residential Brokerage - #71132844 Report a problem
    2/25/2011Price change$269,000-2.2%$269/sqft
    Source: NRT NewEngland #71132844 Report a problem
    11/12/2010Listed for sale$275,000+2.8%$275/sqft
    Source: NRT NewEngland #71132844 Report a problem
    5/28/2009Sold$267,500$268/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,950 +3%$436,500 +5.6%
    2024$4,804 -4.7%$413,400 +2.6%
    2023$5,039 $402,800
    2022$5,039 +5.7%$402,800 +16.6%
    2021$4,769 -4.3%$345,600 +0.2%
    2020$4,984 +2.1%$344,900 +6.7%
    2019$4,880 +6.9%$323,200 +8.9%
    2018$4,566 +1.9%$296,900 +5.1%
    2017$4,482 -2.6%$282,600 -3.8%
    2016$4,604 +7.4%$293,800 +12.5%
    2015$4,286 +13.3%$261,200 +15.5%
    2014$3,783 +6.4%$226,100 -0.6%
    2012$3,554 -3.6%$227,400 -7.1%
    2011$3,686 -1.3%$244,900 -8.2%
    2010$3,736 -1.6%$266,700 -9.2%
    2009$3,796 +1.3%$293,800 -8.5%
    2008$3,748 +5.8%$321,200 -2.3%
    2007$3,542 $328,900
    Find assessor info on the county website

    Neighborhood: 01970

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $532,300
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    Estimated market value
    $532,300