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51 Lafayette St # 207, Salem MA 01970

Salem, MA 01970
$560,000
2
Beds
2
Baths
1,527
Sq Ft
$367
Price/Sq Ft
0.48
Acres
2003
Year Built
19
Days on Market
Closed Listed Apr 27, 2026 • MLS# 73508113 Copied! • Updated Jun 17, 2026

Sale Statistics

Sale Overview
Original List Price: $579,000
Final Sale Price: $560,000
Difference: $19,000 (-3.3%)
Performance Metrics
96.7%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $379
Sale $/sq ft: $367
This property sold for $367 per square foot
Sale Summary

This property sold for 3.3% below the original asking price.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 13 similar properties sold within 0.5 miles in the last 90 days

This Property
$367/sq ft
Area Average
$222/sq ft
Difference
+65.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Luxurious Urban Sanctuary in the Heart of Salem! Experience sophisticated city living in this stunning 2-bedroom, 2-bathroom residence situated in a premier, elevator-equipped building. This unit boasts a spacious, modern open-concept layout accented by high-end finishes and premium materials throughout. Residents enjoy a unique, sun-drenched lifestyle featuring a dramatic skylit atrium and a secure-entry building for ultimate peace of mind. Located at the epicenter of Salem’s vibrant culture, you are minutes away from the Peabody Essex Museum (PEM), the historic waterfront, renowned fine dining, boutique shopping, and local arts venues. Whether you’re looking for a chic primary residence or a coastal retreat, this property offers an unparalleled lifestyle in one of New England’s most historic and walkable cities.

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Recently Sold Nearby

Property History

Market Insights

38.7%
Price Range
22
Total Days on Market
3
Previous Sales

Property Timeline

Sold
Jun 17, 2026
$560,000
Property sold
Days on Market: 22
📋
Status: Active under contract
May 5, 2026
Active → Active Under Contract
Pending Sale
May 5, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Apr 28, 2026
$579,000
Original listing
Agent: Joyce Sullivan Office: Serhant
🏠
Listed for Sale
Apr 28, 2026
$579,000
Original listing
Agent: Joyce Sullivan Office: Serhant
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
Previous Transaction - MLS #71807150
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 20, 2015
$355,000
MLS #71807150

Tax History

Year Taxes Assessment
2026 $5,630 $525,700

Financial Details

Annual Property Tax
$5,630
Tax Year 2026
HOA Fee
$502
Monthly
Assessed Value
$525,700

Facts & Features

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 Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Gas Dryer Hookup
Features Closet, Open Floorplan, Entrance Foyer, Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber
Features City View(s)
Pool None
Spa None
Fencing None
Patio/Porch None
Features Leased
Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven, For Gas Dryer
Annual Tax $5,630
Assessed Value $525,700

HOA & Community

HOA Fee $502 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
Amenities Elevator(s)
Optional Fee Includes None
Pets Yes
Seller Disclosures Leased Parking $270 Year In South Harbor Garage
Exclusions Living Room Chandelier
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 207
Sq Ft Source Public Record
Sq Ft Disclosures Room measurements are approximate; buyer and buyers agent to perform own due diligence.
Documents Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Certificate Of Insurance (5)
County Essex
Total market time (incl. prior listings) 22 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2003
Bedrooms
2
Full Bathrooms
2
Living Area
1,527 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Main Level Bedrooms
2

Room Details

First Floor

Bathroom1
4.833333333 x 8.5
Bathroom2
5.583333333 x 9.75

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom

Main,First Floor

Dining Room
12.416666666 x 15.666666666
Flooring - Hardwood, Open Floorplan, Lighting - Overhead
Kitchen
10.916666666 x 8.75
Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Lighting - Pendant, Lighting - Overhead
Bedroom2
9.5 x 21.916666666
Closet, Flooring - Hardwood, Lighting - Overhead
Living Room
15.083333333 x 16.083333333
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan
Master Bedroom
9.833333333 x 21.583333333
Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Closet, Open Floorplan, Entrance Foyer, Elevator
Windows:
Basement: N
Laundry: First Floor, In Unit, Gas Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 2003
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
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:

Exterior & Lot

Exterior Features: City View(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: Leased

Special Features

View: Yes
View Type: City
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, 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 Agent Joyce Sullivan
Listing Office Serhant
Office Phone 617-250-0559
Agent MLS ID C8001298
Office MLS ID AN9455
Listing Data Updated Jun 17, 2026 10:56 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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