Dimensions6 x 9
FeaturesBathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
51 Lafayette Street # 207, Salem MA 01970
Salem, MA 01970
$399,000
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Sale Statistics
Sale Overview
Original List Price:
$399,000
Final Sale Price:
$399,000
Difference:
+$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:
$261
Sale $/sq ft:
$261
This property sold for $261 per square foot
Sale Summary
This property sold exactly at the asking price.
With only 3 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 37 similar properties sold within 0.5 miles in the last 90 days
This Property
$261/sq ft
Area Median
$443/sq ft
Difference
41.1%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Derby Lofts – 2nd floor south facing unit - Experience Modern Sophisticated Loft Living in Downtown Salem only 5 blocks to commuter rail & 11 to Boston Harbor Ferry. Experience 12'+ coffered ceilings, tall windows, maple floors, 2 Bedrooms, 2 Full Baths (1 Ensuite), maple kitchen cabinets, granite counters, stainless steel finish kitchen appliances, high efficiency HVAC, in-unit Washer & Dryer. BUILDING - Two high speed elevators, gated drive-through and entrances on two streets. Easy living at its best, central sky lit atrium and meeting space. FIRST FLOOR SHOPS - cheese-wine shop, pizza parlor, cosmetics store, chocolate shop, hair salon/spa, coffee house within A&J artisan bakery. NEIGHBORHOOD - 70 restaurants, museums - Peabody Essex, national landmarks, Arts & Music Venues, 1 mile river and harbor walk along water's edge to Derby Wharf Light. Experience Derby Lofts in the center of Destination Salem. - Excellently maintained
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Recently Sold Nearby
Property History
Market Insights
37.6%
Price Range
5
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
Sold
Jul 31, 2017
$399,000
Property sold
Days on Market: 5
Listed for Sale
May 27, 2017
$399,000
Original listing
Agent: Thomas Costagliola
Office: Experience Real Estate
Previous Transaction - MLS #71807150
Full transaction history available when tracking began
Previously Sold
Jul 20, 2015
$355,000
MLS #71807150
| 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 | ✓ Sold | $399,000 | - | - | Property sold |
| 05/27/2017 | 🏠 Listed for Sale | $399,000 | - | - | Original listing |
| 07/20/2015 | 🏷️ Previously Sold | $355,000 | - | - | MLS #71807150 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2017 | $5,129 | $323,400 |
Financial Details
Annual Property Tax
$5,129
Tax Year 2017
HOA Fee
$443
Monthly
Assessed Value
$323,400
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2003
Living Area
1,527 sq ft
Lot Size
0.48 acres
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Central, Forced Air, Natural Gas, Energy Star Qualified Equipment
Cooling
Central Air, Energy Star Qualified Equipment
Flooring
Wood, Tile, Hardwood, Engineered Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Fireplace
None
Basement
N
Laundry
Gas Dryer Hookup, Washer Hookup, In Unit
Features
Closet, Entrance Foyer, Finish - Sheetrock
Exterior
Construction
Stone
Architecture
None
Roof
Rubber
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Common, Leased
Total Spaces
2
Utilities
Electric
110 Volts, Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Gas Oven, For Gas Dryer, Washer Hookup, Icemaker Connection
Financial
Annual Tax
$5,129
Assessed Value
$323,400
HOA & Community
HOA Fee
$443 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Amenities
Elevator(s)
Optional Fee Includes
None
Pets
Yes
MA Disclosures
Seller Disclosures
Listing Agent Was Senior Project Manager For The Development Team And Lives In The Building.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["High-Rise"]
Unit/Building
207
Sq Ft Source
Master Deed
Documents
Master Deed, Rules & Regs (2)
County
Essex
Total market time (incl. prior listings)
5 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
2003
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
Dimensions9 x 11
FeaturesFlooring - Hardwood, Window(s) - Picture, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove
Dimensions5 x 9
FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
Dimensions9 x 17
FeaturesCloset, Flooring - Hardwood
Dimensions31 x 15
FeaturesCoffered Ceiling(s), Flooring - Hardwood, Cable Hookup, High Speed Internet Hookup, Open Floorplan
Dimensions10 x 22
FeaturesBathroom - Full, Coffered Ceiling(s), Walk-In Closet(s), Closet, Flooring - Hardwood, Window(s) - Picture
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, Tile, Hardwood, Engineered Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Interior Features:
Closet, Entrance Foyer, Finish - Sheetrock
Windows:
Insulated Windows
Basement:
N
Laundry:
Gas Dryer Hookup, Washer Hookup, In Unit
Security:
Intercom
Construction & Materials
Year Built:
2003
Effective Year (Renovated):
2003
Structure Type:
High-Rise
Exterior Materials:
Stone
Roof:
Rubber
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Central, Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
Heating Zones:
1
Cooling:
Central Air, ENERGY STAR Qualified Equipment
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:
2
Parking Features:
Common, Leased
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
0.9 mi
Grades PK-08
The Greenhouse School
1.5 mi
Grades PK-08
B-
Saltonstall School
0.5 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
B-
Carlton School
0.8 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.9 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.9 mi
106 students
Diverse
Diverse Student Body
Grades PK
C-
Horace Mann Laboratory School
1.2 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B+
Bates School
1.2 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.4 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
1 school
C+
Collins Middle School
0.7 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
0.4 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
1.3 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
51 Lafayette Street # 207, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Office
Experience Real Estate
Office Phone
617-293-8293
Agent MLS ID
CT003167
Office MLS ID
AC1814
Listing Data Updated
Aug 3, 2017 11:02 AM 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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