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51 Lafayette Street Unit 209

Salem, MA 01970

Name: Open House: 11am-12:30pm
Start: 2024-11-10T11:00:00
End: 2024-11-10T12:30:00
Location: 51 Lafayette Street Unit 209

2 beds
2 baths
1,627 sqft
$362 per sqft
2003 build
– on site

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!!

Listing courtesy of MLSPIN / Pamela McKee / Keller Williams Realty Evolution

Last checked: Checking… • Last updated Nov 10, 2024 •

MLS# 73310118 —

The Building

Year Built:

2003
Year Built Details:

Actual
Year Built Effective:

2003
Year Built Source:

Public Records
Building Name:

Derby Lofts
Structure Type:

High-Rise
Construction Materials:

Brick
Entry Level:

2
Common Walls:

2+ Common Walls
Basement:

Y
Unit Number:

209
Stories Total:

1
# of Units Total:

60
Building Area Total:

1627
Building Area Units:

Square Feet
Building Area Source:

Plans

Interior

Rooms Total:

5
Interior Features:

Closet/Cabinets - Custom Built
Living Room Level:

Second
Living Room Features:

Flooring - Hardwood, Open Floorplan
Kitchen Level:

Second
Kitchen Features:

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Open Floorplan, Gas Stove, Peninsula
Dining Room Level:

Second
Dining Room Features:

Flooring - Hardwood, Open Floorplan
Flooring:

Wood
Fireplace:

false
Laundry Features:

Dryer Hookup - Electric

Room Dimensions

Living Area:

1627

Location

Directions:

Corner of New Derby and Lafayette Streets
Latitude:

42.519846
Longitude:

-70.893339

The Property

Parcel Number:

4580588
Property Type:

Residential
Property Subtype:

Condominium
Property Attached:

true
Lot Size Units:

Acres
Zoning:

B1
Waterfront:

false
Waterfront Features:

Beach Front
Farm Land Area Units:

Square Feet

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

38121
Tax Annual Amount:

5679
Tax Assessed Value:

488700

Beds

Bedrooms Total:

2
Master Bedroom Level:

Second
Master Bedroom Features:

Closet/Cabinets - Custom Built, Flooring - Hardwood
Bedroom 2 Level:

Second
Bedroom 2 Features:

Closet/Cabinets - Custom Built, Flooring - Hardwood

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2
Bathroom 1 Level:

Second
Bathroom 1 Features:

Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Pedestal Sink
Bathroom 2 Level:

Second
Bathroom 2 Features:

Bathroom - 3/4, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
Master Bath Features:

Yes

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Forced Air
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Range

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false
Pets Allowed:

Yes
Association Amenities:

Elevator(s)
Association Fee:

446.29
Association Fee Includes:

Water
Association Fee Frequency:

Monthly

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

1
Carport:

false
Parking Features:

Detached
Covered Spaces:

1

Monthly cost estimate

Asking price

$589,000

Expense	Monthly cost
Mortgage	$3,153
Taxes	$473
Insurance	$161
HOA fees	$446
Utilities	$197 See report
Total	$4,430/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

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Provided by ClearlyEnergy

Max Internet Speed

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Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/6/24 Nov 6, 2024	Listed / Active	MLSPIN	$589,000	74.3% (8.1% / YR)
9/11/24 Sep 11, 2024	Listed / Active	MLSPIN
8/29/24 Aug 29, 2024	Sold Subject To Contingencies	MLSPIN

41% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $21k above asking price on average, but some went as high as $81k over asking price.

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This condo located in South Salem, Salem, MA 01970 is currently for sale for $589,000. 51 Lafayette Street Unit 209 is a 1,627 square foot condo with 2 beds and 2 baths that has been on Estately for 15 days. 51 Lafayette Street Unit 209 is in the South Salem neighborhood of Salem and has a WalkScore® of 99, making it a walker’s paradise. This condo is in the attendance area of Bates Elementary School, Salem High School, Carlton Elementary School, Nathaniel Bowditch School, Horace Mann Laboratory School, Witchcraft Heights Elementary School, Saltonstall School, Collins Middle School, and Bentley Elementary School.

Listing Courtesy of: MLSPIN and Keller Williams Realty Evolution.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.