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51 Lafayette Street # 610, Salem MA 01970

Salem, MA 01970
$268,000
Est. $2,319/month
2
Beds
1
Baths
988
Sq Ft
$271
Price/Sq Ft
2003
Year Built
210
Days on Market
Closed Listed Apr 27, 2015 • MLS# 71824809 Copied!

About this home

Penthouse living with spectacular panoramic views of historic Salem! Corner unit features walls of oversized windows, 10’ ceilings, and wood flooring which combine to create an interior of exceptional space and light. Inviting open floor layout provides a generous living and kitchen area with clean lines, granite countertops and stainless steel appliances. Good-sized master bedroom includes a large custom closet; versatile second bedroom can be set up as an extraordinary sun drenched family room. The unit is situated on the sixth floor of an elegant repurposed turn of the century industrial building with elevator and central air. Additional features include ample coat closet, utility room with washer/dryer and space for bike/stroller, custom Levelor Silhouette blinds throughout. Walk to all, reserved parking space available to rent. If you would like to enjoy a bird eye view of Salem this is a must see!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2003
Bedrooms
2
Full Bathrooms
1
Living Area
988 sq ft
Total Rooms
4
Stories
1
Entry Level
6

Sale Statistics

Sale Overview
Original List Price: $299,000
Final Sale Price: $268,000
Difference: $31,000 (-10.4%)
Performance Metrics
89.6%
List to Sale Ratio
Sold below asking price
210
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $303
Sale $/sq ft: $271
This property sold for $271 per square foot
Sale Summary

This property sold for 10.4% below the original asking price.

At 210 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 17 similar properties sold within 0.5 miles in the last 90 days

This Property
$271/sq ft
Area Average
$362/sq ft
Difference
25.1%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2003
Living Area 988 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Gas Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Rented
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Dryer, Washer Hookup

Financial

Annual Tax $4,286
Assessed Value $261,200

Interior Features

Flooring: Wood, Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Gas Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 2003
Structure Type: Garden
Exterior Materials: Brick, Stone
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:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Rented

Location

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Neighborhood

51 Lafayette Street # 610, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $357
Homeowners Insurance $200
HOA Fee $406/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

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

44.7%
Price Range
218
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73237685
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 16, 2024
$485,000
MLS #73237685
Sold
Dec 15, 2015
$268,000
Property sold
Days on Market: 218
🏠
Listed for Sale
Apr 27, 2015
$289,000
Original listing
Agent: Chuck Carey Office: Coldwell Banker Residential Brokerage - Marblehead

Price & Status History

Date Event Price Change
Oct 16, 2024 Sold $485,000
Apr 27, 2015 New Listing Added $289,000

Market Statistics

Days on Market
210 days
Price per Sq Ft
$271

Tax History

Year Taxes Assessment
2015 $4,286 $261,200

Financial Details

Annual Property Tax
$4,286
Tax Year 2015
HOA Fee
$406
Monthly
Assessed Value
$261,200

Listing Information

Listing Office Coldwell Banker Residential Brokerage - Marblehead
Agent MLS ID C2343727
Office MLS ID C75100
Listing Data Updated Dec 15, 2015 3:53 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

51 Lafayette Street # 610, Salem MA 01970 - Photo 1 51 Lafayette Street # 610, Salem MA 01970 - Photo 2 51 Lafayette Street # 610, Salem MA 01970 - Photo 3 51 Lafayette Street # 610, Salem MA 01970 - Photo 4 51 Lafayette Street # 610, Salem MA 01970 - Photo 5 51 Lafayette Street # 610, Salem MA 01970 - Photo 6 51 Lafayette Street # 610, Salem MA 01970 - Photo 7 51 Lafayette Street # 610, Salem MA 01970 - Photo 8 51 Lafayette Street # 610, Salem MA 01970 - Photo 9 51 Lafayette Street # 610, Salem MA 01970 - Photo 10
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