This property sold for 3.2% below the original asking price.
With only 19 days on market, this was a quick sale compared to typical market conditions.
Based on 13 similar properties sold within 0.5 miles in the last 90 days
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
Derby Lofts rare 1,520± SF corner penthouse with 161± SF private balcony in Downtown Salem, just 5 blocks to commuter rail and minutes to the Boston Harbor Ferry. Enjoy the best sunsets in Salem from soaring 10’+ ceilings, dramatic windows, and sweeping city views. A 2024 kitchen renovation features new appliances, maple butcher block counters, a soapstone wet zone with custom sink, open shelving, custom cabinetry with pull-outs, exposed brick, and industrial lighting. Living/dining area with floor-to-ceiling custom bookcase and ladder. Primary suite with 2023 spa-inspired bath—walk-in shower, marble hex tile, new vanity, fixtures, and lighting—plus lime-washed brick accent, chandelier reading nook, and electric fireplace. Balcony with new decking. Building amenities include 2 elevators, skylit atrium, and secure entry. Two covered garage parking spaces available by lease (first-come, first-served). Shops, dining, PEM, waterfront, and arts venues at your doorstep.
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| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/17/2025 | ✓ Sold | $725,000 | - | - | Property sold |
| 09/06/2025 | 🏠 Listed for Sale | $749,000 | - | - | Original listing |
| 09/08/2016 | 🏷️ Previously Sold | $425,000 | - | - | MLS #71958414 |
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,635 | $585,100 |
51 Lafayette St # 609, Salem MA 01970
Salem, MA 01970
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