FeaturesBathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink
LevelSecond
51 Lafayette Street # 209, Salem MA 01970
Salem, MA 01970
$589,000
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Sale Statistics
Sale Overview
Original List Price:
$589,000
Final Sale Price:
$589,000
Difference:
+$0 (+0.0%)
Performance Metrics
100.0%
List to Sale Ratio
Sold at asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$362
Sale $/sq ft:
$362
This property sold for $362 per square foot
Sale Summary
This property sold exactly at the asking price.
With only 28 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 36 similar properties sold within 0.5 miles in the last 90 days
This Property
$362/sq ft
Area Median
$439/sq ft
Difference
17.5%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Awesome Derby Lofts unit in Downtown Historic Salem! This bright & airy 2nd floor condo w/massive windows boasting great downtown views epitomizes loft living. Enjoy the cosmopolitan lifestyle this location affords with museums, gourmet shops, bakeries, boutiques, fabulous restaurants and fun nightlife right outside your door!! The open layout kitchen boasts Brand New quartz countertops added to abundant maple cabinetry plus peninsula seating for 4+. The spacious living area w/exposed brick wall allows for a dining area as well. Newly refinished maple floors lighten the space as well as the freshly painted interior-creating a blank canvas for your creativity! The renovated main bath features an oversized glass shower & quartz vanity while the 2nd full bath features a pedestal sink - both w/tiled floors. BONUS: Pro closet organizers, enormous in-unit storage room w/laundry, shelving units, updated hvac & htwtr plus natural gas appliances & utilities. Commuter rail & ferry minutes away!!
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Recently Sold Nearby
Property History
Market Insights
42.6%
Price Range
66
Total Days on Market
1
Previous Sales
Property Timeline
Sold
Dec 20, 2024
$589,000
Property sold
Days on Market: 66
Listed for Sale
Nov 6, 2024
$589,000
Original listing
Agent: Pamela McKee
Office: Keller Williams Realty Evolution
Previous Transaction - MLS #71835977
Full transaction history available when tracking began
Previously Sold
Aug 21, 2015
$338,000
MLS #71835977
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/20/2024 | ✓ Sold | $589,000 | - | - | Property sold |
| 11/06/2024 | 🏠 Listed for Sale | $589,000 | - | - | Original listing |
| 08/21/2015 | 🏷️ Previously Sold | $338,000 | - | - | MLS #71835977 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2024 | $5,679 | $488,700 |
Financial Details
Annual Property Tax
$5,679
Tax Year 2024
HOA Fee
$446
Monthly
Assessed Value
$488,700
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2003
Living Area
1,627 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
5
Interior
Heating
Forced Air, Natural Gas, Hydro Air
Cooling
Central Air
Flooring
Wood, Tile
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Fireplace
None
Basement
Y
Laundry
Dryer Hookup - Electric, Washer Hookup, Second Floor, In Unit
Features
Closet/cabinets - Custom Built
Exterior
Construction
Brick
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
Detached, Leased
Total Spaces
1
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$5,679
Assessed Value
$488,700
HOA & Community
HOA Fee
$446 Monthly
Fee Includes
Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Amenities
Elevator(s)
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Parking Is Leased Through Condo Assoc In City Garage-seller Will Supply Through 4/2025-then $270/yr (or Sr Citiz Rate) Special Assessment Will Be Paid By Seller Prior To Closing. Pet Friendly! Leasing Limited To 1 Yr Minimum Lease. Mixed Use Building:54 Residential & 6 Commercial Units
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["High-Rise"]
Unit/Building
209
Sq Ft Source
Unit Floor Plan
Documents
None
County
Essex
Total market time (incl. prior listings)
66 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
2003
Bedrooms
2
Full Bathrooms
2
Living Area
1,627 sq ft
Total Rooms
5
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesFlooring - Hardwood, Open Floorplan
LevelSecond
FeaturesFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove, Peninsula
LevelSecond
FeaturesBathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
LevelSecond
FeaturesCloset/Cabinets - Custom Built, Flooring - Hardwood
LevelSecond
FeaturesFlooring - Hardwood, Open Floorplan
LevelSecond
FeaturesCloset/Cabinets - Custom Built, Flooring - Hardwood
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, Tile
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Interior Features:
Closet/Cabinets - Custom Built
Windows:
Basement:
Y
Laundry:
Dryer Hookup - Electric, Washer Hookup, Second Floor, In Unit
Security:
Construction & Materials
Year Built:
2003
Effective Year (Renovated):
2003
Structure Type:
High-Rise
Exterior Materials:
Brick
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Natural Gas, Hydro Air
Cooling:
Central Air
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:
Detached, 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 # 209, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Pamela McKee
Listing Office
Keller Williams Realty Evolution
Office Phone
978-927-8700
Agent MLS ID
CT009727
Office MLS ID
C95098
Listing Data Updated
Dec 23, 2024 10:03 AM 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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