51 Lafayette Street # 606, Salem MA 01970

Salem, MA 01970

$536,000

Beds

Baths

1,250

Sq Ft

$429

Price/Sq Ft

2003

Year Built

Garage Space

Condominium

Type

Days on Market

Sold Listed Nov 9, 2021 • MLS# 72917923 Copied! • Updated Jan 7, 2022

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Sale Statistics

Sale Overview

Original List Price: $549,000

                            Final Sale Price:
                            $536,000
                        

Difference: $13,000 (-2.4%)

Performance Metrics

97.6%

List to Sale Ratio

Sold below asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $439

                            Sale $/sq ft:
                            $429
                        

This property sold for $429 per square foot

Sale Summary

This property sold for 2.4% below the original asking price.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 48 similar properties sold within 0.5 miles in the last 90 days

This Property

$429/sq ft

Area Median

$468/sq ft

Difference

8.3%

This property sold near the area median for similar homes.

About this home

Sometimes a picture says it all, and in this case that is true! The private deck with the water views says it all! Well, maybe not all but it sure puts this Penthouse unit above and beyond others. Soaring ceilings, exposed ducts, open concept, and TONS of LIGHT throughout. Derby Lofts is a pet friendly building with an elevator in the heart of downtown Salem. Literally stroll out the front door to a wine and cheese shop, restaurants and more. Venture just minutes and you have the ocean, PEM and MBTA commuter rail. Come see this fabulous unit with a breath taking view!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

17.4%

Price Range

Total Days on Market

Previous Sales

Property Timeline

Previous Transaction - MLS #73529994

Full transaction history available when tracking began

🏷️

Previously Sold

Jul 24, 2026

$649,000

MLS #73529994

View Listing →

✓

Sold

Jan 7, 2022

$536,000

Property sold

Days on Market: 12

🏠

Listed for Sale

Nov 9, 2021

$549,000

Original listing

Agent: Merry Fox Team Office: MerryFox Realty

Date	Event	Price	Change	$/sqft	Details
07/24/2026	🏷️ Previously Sold	$649,000	-	-	MLS #73529994
01/07/2022	✓ Sold	$536,000	-	-	Property sold
11/09/2021	🏠 Listed for Sale	$549,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2021	$5,826	$422,200

Financial Details

Annual Property Tax

$5,826

Tax Year 2021

HOA Fee

$568

Monthly

Assessed Value

$422,200

Facts & Features

1 Car Garage

Central AC

Home Facts

Type Residential

Style Condominium

Year Built 2003

Living Area 1,250 sq ft

Bedrooms 2

Full Baths 2

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 First Floor, In Unit

Features None

Exterior

Construction Stone

Architecture None

Roof Rubber

Features Deck

Pool None

Spa None

Fencing None

Patio/Porch Deck

Parking

Garage Spaces 1

Has Garage Yes

Features Detached, Rented

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $5,826

Assessed Value $422,200

HOA & Community

HOA Fee $568 Monthly

Fee Includes Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal

Amenities Elevator(s)

Optional Fee Includes None

Pets Yes

MA Disclosures

Seller Disclosures Parking Is In City Garage And Rented.

Additional Details

Possession None

Accepted Financing None

Structure Type ["Garden"]

Unit/Building 606

Sq Ft Source Public Record

Documents Master Deed (1)

County Essex

Total market time (incl. prior listings) 12 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

2003

Bedrooms

Full Bathrooms

Living Area

1,250 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Wood, Tile

Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer

Interior Features:

Windows:

Basement: N

Laundry: First Floor, In Unit

Security: Intercom

Construction & Materials

Year Built: 2003

Structure Type: Garden

Exterior Materials: 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: Deck

Patio & Porch: Deck

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 1

Parking Features: Detached, Rented

Nearby Schools

School information not available for this location.

Location

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Neighborhood

51 Lafayette Street # 606, Salem MA 01970

Salem, MA 01970

Listing Information

Listing Agent Merry Fox Team

Listing Office MerryFox Realty

Office Phone 978-808-8064

Agent MLS ID TEAM0226

Office MLS ID C95279

Listing Data Updated Jan 7, 2022 12:10 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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