NOT LISTED FOR SALE

Derby Lofts Condos 51 Lafayette St Unit 401 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $583,000 - $651,000

2 Beds
2 Baths
1,627 Sq Ft
$385/Sq Ft Est. Value

Highlights

  • City View
  • Central Heating
  • 5-minute walk to Piperpont Park

About This Home

As of June 2019

Bright and Sunny corner unit at the Derby Lofts offers harbor and city views of downtown Salem. Open concept living with a granite and SS applianced kitchen, hardwood floors, tall ceilings, huge windows. Large Master bedroom en suite with a custom built walk-in closet. In-unit laundry and additional bonus room perfect for office, craft room or additional storage. Secure, elevatored building in the heart of downtown Salem. Close to restaurants, coffee shops, museums and commuter rail to Boston. Pet-friendly, non-smoking unit.

Last Agent to Rent the Property

Zoe Karademos

Coldwell Banker Realty - Beverly Listed on: 05/15/2019

Coldwell Banker Realty - Beverly

Last Renter's Agent

Stefanie Set

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,229

Year Built

  • 2004

Lot Details

  • 0.48

Property Views

  • City Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,229

Year Built

2004

Lot Details

0

Rental Info

  • Available Now: Yes
  • Pets Allowed: Yes w/ Restrictions
  • Deposit Required: Yes
  • First Mon Reqd: Yes
  • Insurance Reqd: Yes
  • Last Mon Reqd: Yes
  • References Reqd: Yes
  • Rental Terms: Lease
  • Rent Fee Includes: Occupancy Only
  • Sec Deposit: 1000.00

Listing Details

  • Property Type: Rental
  • Rental Type: Condominium
  • List Price Per Sq Ft: 1.66
  • Lead Paint: Unknown
  • Unit Building: 401
  • Unit Level: 4
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 5
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 1627.00

Exterior Features

  • Beach Miles To: 1 to 2 Mile
  • Waterview Flag: Yes
  • Exterior Features: City View(s)

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Heating: Gas, Central Heat
  • Air Conditioner: Yes

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Highway Access, Marina, T-Station
  • Condo Association: Yes

Lot Info

  • Lot Size: 99999.00

Tax Info

  • Assessor Parcel Number: 4581729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Dogaru Andreia L
Bought by
Dogaru Andreia L and Skafas Paul G
Current Estimated Value
$625,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$172,435
Interest Rate
2.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$453,412

Purchase Details

Closed on
Apr 6, 2012
Sold by
Wulc Victor
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 13, 2011
Sold by
Sherry Robert B and Sherry Pan Z
Bought by
Wulc Victor and Wulc Mary L

Purchase Details

Closed on
Apr 30, 2007
Sold by
Wulc Mary Lynn and Wulc Victor
Bought by
Sherry Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2006
Sold by
Derby Lofts Llc
Bought by
Wulc Victor
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dogaru Andreia L -- None Available
Dogaru Andreia L -- None Available
Federal National Mortgage Association $254,150 --
Federal National Mortgage Association $254,150 --
Wulc Victor -- --
Wulc Victor -- --
Sherry Robert B $417,000 --
Sherry Robert B $417,000 --
Wulc Victor $424,340 --
Wulc Victor $424,340 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dogaru Andreia L $220,000
Previous Owner Dogaru Andreia L $220,000
Previous Owner Wulc Victor $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2019 06/01/19 Rented $2,700 0.0% --
05/28/2019 05/28/19 Under Contract -- -- --
05/15/2019 05/15/19 For Rent $2,700 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $6,229 $549,300 $0 $549,300
2024 $6,026 $518,600 $0 $518,600
2023 $6,242 $499,000 $0 $499,000
2022 $5,992 $452,200 $0 $452,200
2021 $5,851 $424,000 $0 $424,000
2020 $6,115 $423,200 $0 $423,200
2019 $5,989 $396,600 $0 $396,600
2018 $5,604 $364,400 $0 $364,400
2017 $5,500 $346,800 $0 $346,800
2016 $5,249 $335,000 $0 $335,000
2015 $4,885 $297,700 $0 $297,700
Source: Public Records

Agents Affiliated with this Home

  • Zoe Karademos

    Landlord's Agent in 2019

    Zoe Karademos

    Coldwell Banker Realty - Beverly

    (781) 405-7122

    3 in this area

    72 Total Sales

    Zoe Karademos
    Section Image

  • S

    Tenant's Agent in 2019

    Stefanie Set

    Coldwell Banker Realty - Beverly

    Section Image
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About Derby Lofts Condos

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72501043

MLS Property Information Network (MLS PIN)

APN: SALE-000034-000000-000485-000823-000823

Massachusetts Essex County Salem 01970 Downtown Salem

51 Lafayette St Unit 401, Salem, MA

This home is located at 51 Lafayette St Unit 401, Salem, MA 01970 since 15 May 2019 and is currently priced at $625,847. This property was built in 2004. 51 Lafayette St Unit 401 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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