FeaturesFlooring - Wood, Dining Area
LevelSecond
51 Lafayette St # 207, Salem MA 01970
Salem, MA 01970
$355,000
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Sale Statistics
Sale Overview
Original List Price:
$369,000
Final Sale Price:
$355,000
Difference:
$14,000 (-3.8%)
Performance Metrics
96.2%
List to Sale Ratio
Sold below asking price
96
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft:
$242
Sale $/sq ft:
$232
This property sold for $232 per square foot
Sale Summary
This property sold for 3.8% below the original asking price.
At 96 days on market, this property took longer than average to sell.
Nearby Sales Comparison
Based on 44 similar properties sold within 0.5 miles in the last 90 days
This Property
$232/sq ft
Area Median
$467/sq ft
Difference
50.3%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Chic and sophisticated living in desirable Derby Lofts! This freshly painted 2 bedroom, 2 bath loft style condominium offers an open and spacious floor plan, hardwood floors, soaring ceilings, in-unit laundry, plenty of storage and a master walk-in closet. Brand new high efficiency gas hot water heater and new windows. Stroll outside to nearby parks, restaurants, shopping, museums, and all that downtown Salem has to offer. Minutes to Salem commuter rail.
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
37.6%
Price Range
97
Total Days on Market
3
Previous Sales
Property Timeline
Previous Transaction - MLS #73508113
Full transaction history available when tracking began
Previously Sold
Jun 17, 2026
$560,000
MLS #73508113
Previous Transaction - MLS #73187515
Full transaction history available when tracking began
Previously Sold
Mar 8, 2024
$569,000
MLS #73187515
Previous Transaction - MLS #72171502
Full transaction history available when tracking began
Previously Sold
Jul 31, 2017
$399,000
MLS #72171502
Sold
Jul 20, 2015
$355,000
Property sold
Days on Market: 97
Listed for Sale
Mar 26, 2015
$359,900
Original listing
Agent: Crowell & Frost Realty Group
Office: J. Barrett & Company
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/17/2026 | 🏷️ Previously Sold | $560,000 | - | - | MLS #73508113 |
| 03/08/2024 | 🏷️ Previously Sold | $569,000 | - | - | MLS #73187515 |
| 07/31/2017 | 🏷️ Previously Sold | $399,000 | - | - | MLS #72171502 |
| 07/20/2015 | ✓ Sold | $355,000 | - | - | Property sold |
| 03/26/2015 | 🏠 Listed for Sale | $359,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2015 | $4,560 | $277,900 |
Financial Details
Annual Property Tax
$4,560
Tax Year 2015
HOA Fee
$443
Monthly
Assessed Value
$277,900
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2004
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
Wood
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Fireplace
None
Basement
N
Laundry
Flooring - Wood, Second Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
City View(s)
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached, Rented
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Dryer, Washer Hookup
Financial
Annual Tax
$4,560
Assessed Value
$277,900
HOA & Community
HOA Fee
$443 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Trash
Amenities
Elevator(s)
Optional Fee Includes
None
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Special Assessment Has Been Paid In Full By Seller.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Garden","Mid-Rise"]
Unit/Building
207
Sq Ft Source
Field Card
Documents
Master Deed, Unit Deed, Rules & Regs, Master Plan, Floor Plans (5)
County
Essex
Total market time (incl. prior listings)
97 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
2004
Bedrooms
2
Full Bathrooms
2
Living Area
1,527 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesFlooring - Wood
LevelSecond
FeaturesFlooring - Wood
LevelSecond
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Wood
LevelSecond
FeaturesYes
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
N
Laundry:
Flooring - Wood, Second Floor, In Unit, Gas Dryer Hookup, Washer Hookup
Security:
Concierge, Security System
Construction & Materials
Year Built:
2004
Structure Type:
Garden, Mid-Rise
Exterior Materials:
Roof:
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:
Thermostat
Exterior & Lot
Exterior Features:
City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
2
Parking Features:
Detached, Rented
Special Features
View:
Yes
View Type:
City
Community Amenities:
Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station, University
Nearby Schools
School information not available for this location.
Location
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Neighborhood
51 Lafayette St # 207, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Office
J. Barrett & Company
Office Phone
978-922-3683
Agent MLS ID
TEAM0492
Office MLS ID
AC2087
Listing Data Updated
Jul 20, 2015 2:56 PM EDT
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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