Derby Lofts Condos 51 Lafayette St Unit 304 Salem, MA 01970
Downtown Salem NeighborhoodEstimated payment $4,173/month
Highlights
- Marina
- 0.48 Acre Lot
- Wood Flooring
- Harbor Views
- Property is near public transit
- 5-minute walk to Piperpont Park
About This Home
Fabulous sunny, southeast side, corner unit with water views! Experience modern luxury living at its finest at the Derby Lofts Condos located on Lafayette Street in beautiful historic Salem. Enjoy easy living with two bedrooms, two bathrooms in an open layout with new appliances and an updated primary bath. Walls of glass and picture window overlook Derby Street and the South River Canal. The building provides two high-speed elevators for convenience and specialty shops, boutiques, and restaurants on the first floor, but there’s also plenty of shopping and dining options nearby. For commuters, the complex is in close proximity to commuter rail and the Boston Harbor Ferry. Unit comes with two parking passes to the municipal Harbor Street garage.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,855
Year Built
- Built in 2003
HOA Fees
- $501 Monthly HOA Fees
Parking
- 2 Car Detached Garage
Property Views
- Harbor
- River
- City
Home Design
- Entry on the 3rd floor
- Shingle Roof
- Stone
Interior Spaces
- 1,620 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on third floor
- 2 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number M:34 L:0485 S:815,4631572
Community Details
Overview
- Association fees include water, sewer, insurance, maintenance structure, snow removal, trash, reserve funds
- 54 Units
- High-Rise Condominium
- Derby Lofts Community
Amenities
- Shops
- Elevator
Recreation
- Marina
- Park
- Bike Trail
Pet Policy
- Pets Allowed
Map
About Derby Lofts Condos
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,855 | $516,300 | $0 | $516,300 |
| 2024 | $5,668 | $487,800 | $0 | $487,800 |
| 2023 | $5,907 | $472,200 | $0 | $472,200 |
| 2022 | $5,733 | $432,700 | $0 | $432,700 |
| 2021 | $5,597 | $405,600 | $0 | $405,600 |
| 2020 | $5,852 | $405,000 | $0 | $405,000 |
| 2019 | $5,733 | $379,700 | $0 | $379,700 |
| 2018 | $5,368 | $349,000 | $0 | $349,000 |
| 2017 | $5,269 | $332,200 | $0 | $332,200 |
| 2016 | $5,030 | $321,000 | $0 | $321,000 |
| 2015 | $4,683 | $285,400 | $0 | $285,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
| 06/07/2025 06/07/25 | For Sale | $589,000 | +33.9% | $364 / Sq Ft |
| 08/13/2018 08/13/18 | Sold | $440,000 | -2.0% | $272 / Sq Ft |
| 06/22/2018 06/22/18 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | For Sale | $449,000 | -- | $277 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $440,000 | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73387368
APN: SALE-000034-000000-000485-000815-000815
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