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51 Lafayette St # 609, Salem MA 01970

Salem, MA 01970
$749,000
Est. $3,986/month
2
Beds
2
Baths
1,520
Sq Ft
$493
Price/Sq Ft
0.48
Acres
2003
Year Built
Condominium
Type
19
Days on Market
Pending Listed Sep 27, 2025 • MLS# 73426999

About this home

Derby Lofts rare 1,520± SF corner penthouse with 161± SF private balcony in Downtown Salem, just 5 blocks to commuter rail and minutes to the Boston Harbor Ferry. Enjoy the best sunsets in Salem from soaring 10’+ ceilings, dramatic windows, and sweeping city views. A 2024 kitchen renovation features new appliances, maple butcher block counters, a soapstone wet zone with custom sink, open shelving, custom cabinetry with pull-outs, exposed brick, and industrial lighting. Living/dining area with floor-to-ceiling custom bookcase and ladder. Primary suite with 2023 spa-inspired bath—walk-in shower, marble hex tile, new vanity, fixtures, and lighting—plus lime-washed brick accent, chandelier reading nook, and electric fireplace. Balcony with new decking. Building amenities include 2 elevators, skylit atrium, and secure entry. Two covered garage parking spaces available by lease (first-come, first-served). Shops, dining, PEM, waterfront, and arts venues at your doorstep.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2003
Bedrooms
2
Full Bathrooms
2
Living Area
1,520 sq ft
Total Rooms
4
Stories
1
Entry Level
6

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features
Internet Available - Unknown, Elevator
Laundry Features
In Unit, Gas Dryer Hookup, Washer Hookup
Basement Details
N

Exterior & Structure

Construction Materials
Stone
Roof
Rubber
Exterior Features
Deck, Balcony, City View(s)
Patio/Porch Features
Deck
Has Spa
No
View
City
Has View
Yes
Waterfront Features
Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Property
No

Lot & Land

Lot Size
0.48 acres
Lot Size
20,752 sq ft
Lot Size Area
0.4800

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Parking Features
Deeded, Common, Leased
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Oven, for Gas Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
110 Volts, Circuit Breakers
Security Features
Intercom, TV Monitor, Security Gate

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station, University
HOA Fee
$559
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,635
Tax Year
2025
Tax Assessed Value
$585,100
Parcel Number
M:34 L:0485 S:853,4581746
Zoning
B5

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Derby Lofts
Common Walls
No One Above
Attached Property
Yes
Exclusions
None

Location

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Neighborhood

51 Lafayette St # 609, Salem MA 01970

Salem, MA 01970

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $553
Homeowners Insurance $200
HOA Fee $559
PMI $0

Property History

Market Insights

Property Timeline

⏳
Pending Sale
Sep 13, 2025
Offer accepted, sale pending
🏠
Listed for Sale
Sep 6, 2025
$749,000
Original listing
Agent: Sophie Soman Office: LandVest, Inc., Manchester -by-the-Sea

Price & Status History

Date Event Price Change
Sep 6, 2025 New Listing Added $749,000 —

Market Statistics

Days on Market
19 days
Price per Sq Ft
$493

Tax History

Year Taxes Assessment
2025 $6,635 $585,100

Financial Details

Annual Property Tax
$6,635
Tax Year 2025
HOA Fee
$559
Monthly
Assessed Value
$585,100

Listing Information

Listing Agent Sophie Soman
Listing Office LandVest, Inc., Manchester -by-the-Sea
Agent MLS ID C8000597
Office MLS ID AN4825

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