14 days on rocket

51 Lafayette St Unit 610, Salem, MA, 01970

$516,000

Home List Price

$6,128*

Closing Credit

2 Bedrooms
1 Full Bath
988 SqFt
$522/SqFt
Condo
Schools Nearby

Location

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51 Lafayette St Unit 610, Salem$516,000

Buyer Closing Credits

$6,128*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCommon, Leased
Garage1 space
Year Built2003
HeatingForced Air, Natural Gas
CoolingCentral Air
WaterfrontBeach, Harbor, Ocean Front
MLS #73237685
Lot Size0.48 Acres
StatusActive

About 51 Lafayette St Unit 610

Welcome to the epitome of chic urban living in the vibrant heart of Downtown Salem at Derby Lofts, be just steps away from the picturesque waterfront, museums, restaurants, shops, cafes & nightlife. As you enter this open-concept loft you are greeted with soaring ceilings, huge windows and hardwood flrs that effortlessly blend a cool vibe to enjoy. This corner unit Penthouse boasts spectacular panoramic views as it faces westward. Granite and SS Kitchen, Central Air, In-unit laundry and ample storage are all included in this great opportunity. Professionally managed building with elevator access, Drive-thru exclusive drop off for residents only & a welcoming pet friendly association make you feel right at home! ** Open House, May 18th & 19th, 2-3:330 **

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 988 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Beverly
  • Listing Agent: Zoe Karademos

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Harbor, Ocean Front

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Common, Leased

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Salem High School, Public District Grades 9-12
  • Saltonstall School, Public District Grades KG-8
  • Collins Middle School, Public District Grades 6-8
  • Nathaniel Bowditch, Public District Grades KG-8
  • Carlton, Public District Grades KG-5
  • Horace Mann Laboratory, Public District Grades KG-5
  • Bates, Public District Grades KG-5

Other

Directions Information:

  • Directions: Corner of Washington and Lafayette - Downtown Salem

Price Information

Listing Price Info

Price Summary:

  • List Price: $516,000
  • Price Per SqFt: $522/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $4,769
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, MA.

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Salem, MA

City

Med. Sold Price

$549.8K

Med. Price/SqFt

$382

Avg. Days On Market

32

# of Sold Homes

30

51 Lafayette St Unit 610 vs Salem

14 DAYS ON ROCKET

-18 Days

$516,000

-$33.8K Less

$522/SqFt

+$139 More

KEY TAKEAWAY

This property is $33.8K less than the Median Sold Price and $139/SqFt more than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73237685

Listing Office:

  • Office Name: Coldwell Banker Realty - Beverly
  • Listing Agent: Zoe Karademos

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/29/2024, 12:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2012Home Sold
$225,000
May 28, 2009Home Sold
$267,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,769$345,600
2020$4,984$344,900
2019$4,880$323,200
2018$4,566$296,900
2017$4,482$282,600

History based on county public records data.

Payment Calculator

$2,643

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,613

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4064368
3
/10

  • Carlton

  • 10 Skerry St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-4064369
4
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-4064370
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4064371
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.44 miles

  • Public District Grades KG-8

school-card-donut-4064372
3
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.70 miles

  • Public District Grades 6-8

school-card-donut-4064373
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 1.15 miles

  • Public District Grades KG-8

High School

school-card-donut-4064374
3
/10

  • Salem High School

  • 77 Willson St

  • 1.31 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,799. The majority of Salem, MA residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Lafayette St Unit 610

What is the listing price of this property?

The listing price of 51 Lafayette St Unit 610 property is $516,000.

What type of property is this?

The property 51 Lafayette St Unit 610 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 51 Lafayette St Unit 610 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 51 Lafayette St Unit 610 are:
Carlton: GreatSchools Rating 3/10
Horace Mann Laboratory: GreatSchools Rating 4/10
Bates: GreatSchools Rating 3/10
Saltonstall School: GreatSchools Rating 4/10
Collins Middle School: GreatSchools Rating 3/10
Nathaniel Bowditch: GreatSchools Rating 2/10
Salem High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,769 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 31, 2012 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 51 Lafayette St Unit 610 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 51 Lafayette St Unit 610 is 988 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 51 Lafayette St Unit 610 is 2003.

Rocket Homes›Massachusetts›Essex County›Salem›01970›51 Lafayette St Unit 610

This home is located at 51 Lafayette St Unit 610 in Salem, MA and zip code 01970. This 988 square foot home, which was built in 2003, sits on a 0.48 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $516,000.

While more than 18 listings in Salem, MA in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 10 were sold below. The number of homes for sale in Salem, MA increased by 1.1% between March 2024 and April 2024. In April 2024 median list price was $549,825 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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