13 days on rocket

51 Lafayette St Unit 604, Salem, MA, 01970

$675,000

Home List Price

$8,016*

Closing Credit

1 Bedroom
2 Full Baths
1,739 SqFt
$388/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

51 Lafayette St Unit 604, Salem$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingDetached, Off Street
Garage1 space
Year Built2003
HeatingForced Air, Natural Gas, ENERGY STAR Qualified Equipment
CoolingCentral Air, ENERGY STAR Qualified Equipment
WaterfrontBeach, Harbor
MLS #73226378
Lot Size0.48 Acres
StatusActive

About 51 Lafayette St Unit 604

Derby Lofts – first ever to market, developer’s custom corner penthouse unit - 1,739 SF +507 SF balcony / deck. Modern sophisticated loft living in downtown Salem only 5 blocks to commuter rail & 11 to Boston Harbor Ferry. Experience sweeping 270° city and water views with 10'+ ceilings, six skylights, walls of windows, tons of light. Open plan, 2 full baths, primary bath with walk-in shower and separate two-person jacuzzi. Eat-in kitchen with solid maple cabinets, granite counters, stainless steel finish kitchen appliances, exterior vented range. Large separate laundry & storage rooms, high efficiency HVAC. Building features 2 elevators, gated drive-thru and entrances from 2 streets. Also available: 1) adjoining and easily combined Unit 605 - 1,330 SF with 205 SF balcony / deck, 2 bedrooms, 2 full baths and 2) off-site private one and two car garages. Inquire with listing broker for timing, details, and pricing.

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 1,739 SqFt

Listing Office:

  • Office Name: Experience Real Estate
  • Listing Agent: David Friedberg

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
  • Interior: Finish - Sheetrock, Internet Available - Broadband

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Beach, Harbor
  • Exterior: Deck - Wood, Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Off Street

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, ENERGY STAR Qualified Equipment
  • Cooling: Central Air, ENERGY STAR Qualified Equipment

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 Derby and Lafayette Streets, Downtown Salem

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $388/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2.5

HOA Fees:

  • Amount: $649
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $7,100
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

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 604 vs Salem

13 DAYS ON ROCKET

-19 Days

$675,000

+$125.1K More

$388/SqFt

+$5 More

KEY TAKEAWAY

This property is $125.1K more than the Median Sold Price and $5/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: #73226378

Listing Office:

  • Office Name: Experience Real Estate
  • Listing Agent: David Friedberg

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: 5/3/2024, 12:55:30 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

Mar 16, 2006Home Sold
$571,321

Tax History

YEARPROP. TAXASSESSMENT
2021$7,100$514,500
2020$7,413$513,000
2019$7,250$480,100
2018$6,770$440,200
2017$6,637$418,500

History based on county public records data.

Payment Calculator

$4,085

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-5143223
4
/10

  • Carlton

  • 10 Skerry St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-5143224
5
/10

  • Horace Mann Laboratory

  • 33 Loring Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-5143225
5
/10

  • Bates

  • 53 Liberty Hill Ave

  • 1.19 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5143226
4
/10

  • Saltonstall School

  • 211 Lafayette St

  • 0.44 miles

  • Public District Grades KG-8

school-card-donut-5143227
4
/10

  • Collins Middle School

  • 29 Highland Ave

  • 0.70 miles

  • Public District Grades 6-8

school-card-donut-5143228
2
/10

  • Nathaniel Bowditch

  • 79 Willson St

  • 1.15 miles

  • Public District Grades KG-8

High School

school-card-donut-5143229
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. Typical income of Salem, MA residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Lafayette St Unit 604

What is the listing price of this property?

The listing price of 51 Lafayette St Unit 604 property is $675,000.

What type of property is this?

The property 51 Lafayette St Unit 604 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 51 Lafayette St Unit 604 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 604 are:
Carlton: GreatSchools Rating 4/10
Horace Mann Laboratory: GreatSchools Rating 5/10
Bates: GreatSchools Rating 5/10
Saltonstall School: GreatSchools Rating 4/10
Collins Middle School: GreatSchools Rating 4/10
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 $7,100 (source: MLS/based on county public records data).

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

The last sale was on March 16, 2006 for $571,321. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 51 Lafayette St Unit 604 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 51 Lafayette St Unit 604 is 1,739 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 51 Lafayette St Unit 604 is 2003.

Rocket Homes›Massachusetts›Essex County›Salem›01970›51 Lafayette St Unit 604

This home is located at 51 Lafayette St Unit 604 in Salem, MA and zip code 01970. This 1,739 square foot home, which was built in 2003, sits on a 0.48 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $675,000.

Over 18 listings were sold over their listed price in April 2024 in Salem, MA. In the same period over 10 listings were sold below the listed price and 2 listings were sold for the listed price. In April 2024 in Salem, MA there were 1.1% more homes for sale than in March 2024. While the average time on the market in April 2024 was 32 days, the median list price was $549,825.

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

More Resources