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51 Lafayette Street # 209, Salem MA 01970

Salem, MA 01970
$338,000
Est. $2,743/month
2
Beds
2
Baths
1,624
Sq Ft
$208
Price/Sq Ft
0.23
Acres
2004
Year Built
99
Days on Market
Closed Listed May 13, 2015 • MLS# 71835977 Copied!

About this home

TWIGHTLIGHT OH FRIDAY 7/10 5-6 pm BOSTON LOFT STYLE living in the well acclaimed DERBY LOFTS of Salem! You will LOVE the exposed brick and sun drenched rooms this fabulous unit w/ 16 soaring ceilings has to offer. Tremendous open floor plan with hardwood floors throughout. Generous GREAT ROOM space for living, dining and kitchen for entertaining or just plain everyday living. Smashing maple galley kitchen with huge peninsula for grabbing a quick meal. Master Bedroom with master bath and exposed brick. Additional 2nd bedroom and an additional full bath. Huge storage room in unit with washer/dryer. California closets throughout, GAS HEATING, central air ,elevators and parking in nearby garage. Enjoy all the festivities and lifestyle Salem has to offer with the ocean, restaurants, shopping and commuter rail. 1 YR HOME WARRANTY INCLUDED FOR THE BUYER

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2004
Bedrooms
2
Full Bathrooms
2
Living Area
1,624 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $347,500
Final Sale Price: $338,000
Difference: $9,500 (-2.7%)
Performance Metrics
97.3%
List to Sale Ratio
Sold below asking price
99
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $214
Sale $/sq ft: $208
This property sold for $208 per square foot
Sale Summary

This property sold for 2.7% below the original asking price.

At 99 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 16 similar properties sold within 0.5 miles in the last 90 days

This Property
$208/sq ft
Area Average
$337/sq ft
Difference
38.2%

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

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2004
Living Area 1,624 sq ft
Lot Size 0.23 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

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

Exterior

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

Parking

Features Off Street

Utilities

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

Financial

Annual Tax $4,693
Assessed Value $286,000

Interior Features

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

Construction & Materials

Year Built: 2004
Effective Year (Renovated): 2004
Structure Type: Garden, Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air, Individual, Unit Control
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

Parking Features: Off Street

Location

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Neighborhood

51 Lafayette Street # 209, 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 $391
Homeowners Insurance $200
HOA Fee $443/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

42.6%
Price Range
100
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73310118
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 20, 2024
$589,000
MLS #73310118
Sold
Aug 21, 2015
$338,000
Property sold
Days on Market: 100
🏠
Listed for Sale
May 13, 2015
$347,500
Original listing
Agent: Joyce Cucchiara Office: Coldwell Banker Residential Brokerage - Lynnfield

Price & Status History

Date Event Price Change
Dec 20, 2024 Sold $589,000
May 13, 2015 New Listing Added $347,500

Market Statistics

Days on Market
99 days
Price per Sq Ft
$208

Tax History

Year Taxes Assessment
2015 $4,693 $286,000

Financial Details

Annual Property Tax
$4,693
Tax Year 2015
HOA Fee
$443
Per month
Assessed Value
$286,000

Listing Information

Listing Agent Joyce Cucchiara
Listing Office Coldwell Banker Residential Brokerage - Lynnfield
Agent MLS ID C3445748
Office MLS ID C70100
Listing Data Updated Aug 21, 2015 3:11 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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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

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