51 Lafayette St # 207, Salem MA 01970

Salem, MA 01970

$579,000

Est. $4,099/month

2

Beds

2

Baths

1,527

Sq Ft

$379

Price/Sq Ft

0.48

Acres

2003

Year Built

Condominium

Type

7 hours 21 minutes

Time on Market

Active Open House Listed Apr 28, 2026 • MLS# 73508113 Copied!

About this home

Luxurious Urban Sanctuary in the Heart of Salem! Experience sophisticated city living in this stunning 2-bedroom, 2-bathroom residence situated in a premier, elevator-equipped building. This unit boasts a spacious, modern open-concept layout accented by high-end finishes and premium materials throughout. Residents enjoy a unique, sun-drenched lifestyle featuring a dramatic skylit atrium and a secure-entry building for ultimate peace of mind. Located at the epicenter of Salem’s vibrant culture, you are minutes away from the Peabody Essex Museum (PEM), the historic waterfront, renowned fine dining, boutique shopping, and local arts venues. Whether you’re looking for a chic primary residence or a coastal retreat, this property offers an unparalleled lifestyle in one of New England’s most historic and walkable cities.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

2003

Bedrooms

2

Full Bathrooms

2

Living Area

1,527 sq ft

Total Rooms

4

Stories

1

Entry Level

2

Main Level Bedrooms

2

Open House Schedule

04

May

Monday, May 4

4:30 PM - 6:00 PM EDT

03

May

Sunday, May 3

11:30 AM - 1:00 PM EDT

02

May

Saturday, May 2

11:30 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 2003

Living Area 1,527 sq ft

Lot Size 0.48 acres

Bedrooms 2

Full Baths 2

Total Rooms 4

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Tile, Hardwood, Flooring - Hardwood

Appliances Range, Dishwasher, Refrigerator, Washer, Dryer

Fireplace None

Basement N

Laundry First Floor, In Unit, Gas Dryer Hookup

Features Closet, Open Floorplan, Entrance Foyer, Elevator

Exterior

Construction Brick

Architecture None

Roof Rubber

Features City View(s)

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Leased

Utilities

Electric Circuit Breakers, 200+ Amp Service

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range, For Electric Oven, For Gas Dryer

Financial

Annual Tax $5,630

Assessed Value $525,700

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood

Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer

Interior Features: Closet, Open Floorplan, Entrance Foyer, Elevator

Windows:

Basement: N

Laundry: First Floor, In Unit, Gas Dryer Hookup

Security: Intercom

Construction & Materials

Year Built: 2003

Structure Type: Mid-Rise

Exterior Materials: Brick

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas

Heating Zones: 1

Cooling: Central Air

Cooling Zones: 1

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features: City View(s)

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Parking Features: Leased

Special Features

View: Yes

View Type: City

Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University

Location

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Neighborhood

51 Lafayette St # 207, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District

Salem School District local

B-

⚠ School Safety 2024-25

3.6% Above Average

2.3% Suspensions 0.8% In-School 1.3% Emergency

↓ 1.9% below state avg

E

Elementary Schools

3 schools

B-

Saltonstall School

0.5 mi | #460 of 824 | Score: 45.8

Improved 108 spots from last year

-12.4 below state avg

412 students Diverse

Rising School

Grades K-05

B-

Carlton School

0.8 mi | #468 of 824 | Score: 45.6

Dropped 47 spots from last year

-12.6 below state avg

247 students Diverse

Grades K-05

The Phoenix School

0.9 mi

Grades PK-08

M

Middle Schools

2 schools

C+

Collins Middle School

0.7 mi | #219 of 352 | Score: 39.5

Improved 60 spots from last year

-18.7 below state avg

611 students Diverse

Rising School Diverse Student Body

Grades 06-08

B+

Village School

1.8 mi | #253 of 824 | Score: 52.3

Dropped 64 spots from last year

-5.9 below state avg

529 students Moderate

Grades 04-06

H

High Schools

3 schools

B+

Salem Academy Charter School

0.4 mi | #139 of 346 | Score: 56.7

Improved 97 spots from last year

-1.5 below state avg

480 students Diverse

10 sports • 568 athletes

High Graduation Rate Rising School College Ready Curriculum

Grades 06-12

B

Salem High School

1.3 mi | #144 of 346 | Score: 56.1

Dropped 24 spots from last year

-2.1 below state avg

952 students Diverse

18 sports • 1,080 athletes

Early College Program Career Tech Programs College Ready Curriculum Strong Athletics

Grades 09-12

Bishop Fenwick High School

1.7 mi

17 sports • 1,390 athletes

Strong Athletics

Grades 09-12

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $469

Homeowners Insurance $200

HOA Fee $502/mo

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Payment Over Time

Interest

Principal

Year 1

95% Interest

Year 15

50/50

Year 30

95% Principal

* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

38.7%

Price Range

3

Previous Sales

Property Timeline

🏠

Listed for Sale

Apr 28, 2026

$579,000

Original listing

Agent: Joyce Sullivan Office: Serhant

Previous Transaction - MLS #73187515

Full transaction history available when tracking began

🏷️

Previously Sold

Mar 8, 2024

$569,000

MLS #73187515

View Listing →

Previous Transaction - MLS #72171502

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 31, 2017

$399,000

MLS #72171502

View Listing →

Previous Transaction - MLS #71807150

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 20, 2015

$355,000

MLS #71807150

View Listing →

Date	Event	Price	Change	$/sqft	Details
04/28/2026	🏠 Listed for Sale	$579,000	-	-	Original listing
03/08/2024	🏷️ Previously Sold	$569,000	-	-	MLS #73187515
07/31/2017	🏷️ Previously Sold	$399,000	-	-	MLS #72171502
07/20/2015	🏷️ Previously Sold	$355,000	-	-	MLS #71807150

Price & Status History

Date	Event	Price	Change
Apr 28, 2026	New Listing Added	$579,000	—
Mar 8, 2024	Sold	$569,000	—
Jul 31, 2017	Sold	$399,000	—
Jul 20, 2015	Sold	$355,000	—

Market Statistics

Time on Market

7 hours 21 minutes

Price per Sq Ft

$379

Tax History

Year	Taxes	Assessment
2026	$5,630	$525,700

Financial Details

Annual Property Tax

$5,630

Tax Year 2026

HOA Fee

$502

Monthly

Assessed Value

$525,700

Elementary Schools

Middle Schools

High Schools

Monthly Payment Breakdown

Loan Summary

Listed for Sale

Previous Transaction - MLS #73187515

Previously Sold

Previous Transaction - MLS #72171502

Previously Sold

Previous Transaction - MLS #71807150

Previously Sold

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51 Lafayette St # 207, Salem MA 01970

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

High Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Listed for Sale

Previous Transaction - MLS #73187515

Previously Sold

Previous Transaction - MLS #72171502

Previously Sold

Previous Transaction - MLS #71807150

Previously Sold

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