Carol St. Pierre
Tache Real Estate, Inc.
(781) 776-5893
40 Total Sales
1 in Downtown Salem
$1,010,000 Price
Derby Lofts Condos 51 Lafayette St Unit 501 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $415,000 - $605,000
1
Bed
1
Bath
1,109
Sq Ft
9,999
Sq Ft Lot
Highlights
- Marina
- 9,999 Sq Ft lot
- Property is near public transit and schools
- Medical Services
- Deck
- 3-minute walk to Salem Harbor Walk
About This Home
As of May 2025Sophisticated loft living in desirable downtown Salem with fabulous city and water views from your 27 foot deck. This chic 1 bedroom 1 bath condo offers open living floor plan, designer lighting, state of the art gourmet kitchen, hardwood floors, incredible light and in-unit laundry. Close to restaurants, cafes, shopping, museums, cultural activities, night life, boating, train and ferry to Boston and the waterfront. Enjoy spectacular views from your rare private deck. No pets. No smoking. References, background check includes criminal and eviction reports, excellent credit required. Tenant pays all utilities and non-refundable $45 credit/background check.
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Condo Details
Home Type
- Condominium
Year Built
- Built in 1900
Lot Details
- 9,999
Home Design
- Entry on the 5th floor
Interior Spaces
- 1,109 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Picture Window
- Wood Flooring
- Intercom
- Laundry on main level
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- Walk-In Closet
- 1 Full Bathroom
Outdoor Features
- Balcony
- Deck
Location
- Property is near public transit and schools
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Property Available on 5/1/25
- Rent includes water, sewer, trash collection
- 12 Month Lease Term
- Assessor Parcel Number M:34 L:0485 S:834,4575281
Community Details
Overview
- Property has a Home Owners Association
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Park
Pet Policy
- No Pets Allowed
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 24, 2019
Closed on
Aug 7, 2019
Sold by
Bought by
Seller's Agent
Maggie Gibson
MerryFox Realty
Buyer's Agent
Maggie Gibson
MerryFox Realty
Sold Price
$2,200
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,001
Avg. Annual Appreciation
3.41%
Original Mortgage
$200,000
Outstanding Balance
$171,305
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$329,896
Purchase Details
Listed on
Oct 3, 2014
Closed on
Jan 16, 2015
Sold by
Bought by
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Ben Rhodes
William Raveis R.E. & Home Services
List Price
$324,900
Sold Price
$305,000
Premium/Discount to List
-$19,900
-6.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$244,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 26, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 23, 2007
Sold by
Bought by
Purchase Details
Closed on
Nov 28, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Salem, MA
-
Carol St. Pierre
-
David Brown
David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
1 in Downtown Salem
$660,000 Price
-
Justin Blankenship
Justin Blankenship
Fiv Realty Co
(781) 417-3370
64 Total Sales
1 in Downtown Salem
$629,500 Price
-
Karol Flannery
Karol Flannery
RE/MAX Bentley's
(978) 518-3106
36 Total Sales
2 in Downtown Salem
$359K - $560K Price Range
-
Vivien Marcus
Vivien Marcus
Keller Williams Realty Success
(351) 222-3144
48 Total Sales
1 in Downtown Salem
$410,000 Price
-
Nick Cuevas
Nick Cuevas
Compass
(781) 776-5198
71 Total Sales
1 in Downtown Salem
$740,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $396,000 | -- | ||
| $305,000 | -- | ||
| $220,000 | -- | ||
| $321,894 | -- | ||
| $364,900 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 | ||
| Previous Owner | $244,000 | ||
| Previous Owner | $187,500 | ||
| Previous Owner | $180,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2025 05/01/25 | Rented | $2,500 | 0.0% | -- | |
| 04/03/2025 04/03/25 | Under Contract | -- | -- | -- | |
| 03/20/2025 03/20/25 | For Rent | $2,500 | 0.0% | -- | |
| 02/21/2024 02/21/24 | Rented | $2,500 | 0.0% | -- | |
| 02/16/2024 02/16/24 | Under Contract | -- | -- | -- | |
| 01/10/2024 01/10/24 | For Rent | $2,500 | 0.0% | -- | |
| 12/03/2023 12/03/23 | Off Market | $2,500 | -- | -- | |
| 11/17/2023 11/17/23 | For Rent | $2,500 | +8.7% | -- | |
| 09/01/2020 09/01/20 | Rented | $2,300 | 0.0% | -- | |
| 06/22/2020 06/22/20 | Under Contract | -- | -- | -- | |
| 06/15/2020 06/15/20 | For Rent | $2,300 | +4.5% | -- | |
| 10/01/2019 10/01/19 | Rented | $2,200 | -4.3% | -- | |
| 08/30/2019 08/30/19 | Under Contract | -- | -- | -- | |
| 08/24/2019 08/24/19 | For Rent | $2,300 | 0.0% | -- | |
| 08/14/2019 08/14/19 | Sold | $396,000 | +2.9% | $357 / Sq Ft | View Prior Sale |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- | |
| 06/16/2019 06/16/19 | For Sale | $384,700 | -2.9% | $347 / Sq Ft | |
| 05/31/2019 05/31/19 | Off Market | $396,000 | -- | -- | |
| 05/23/2019 05/23/19 | For Sale | $384,700 | +26.1% | $347 / Sq Ft | |
| 01/16/2015 01/16/15 | Sold | $305,000 | 0.0% | $275 / Sq Ft | View Prior Sale |
| 01/08/2015 01/08/15 | Pending | -- | -- | -- | |
| 12/21/2014 12/21/14 | Off Market | $305,000 | -- | -- | |
| 10/28/2014 10/28/14 | Price Changed | $319,900 | -1.5% | $288 / Sq Ft | |
| 10/03/2014 10/03/14 | For Sale | $324,900 | -- | $293 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,222 | $460,500 | $0 | $460,500 |
| 2024 | $5,016 | $431,700 | $0 | $431,700 |
| 2023 | $5,283 | $422,300 | $0 | $422,300 |
| 2022 | $5,124 | $386,700 | $0 | $386,700 |
| 2021 | $5,000 | $362,300 | $0 | $362,300 |
| 2020 | $5,224 | $361,500 | $0 | $361,500 |
| 2019 | $5,113 | $338,600 | $0 | $338,600 |
| 2018 | $4,782 | $310,900 | $0 | $310,900 |
| 2017 | $4,691 | $295,800 | $0 | $295,800 |
| 2016 | $4,477 | $285,700 | $0 | $285,700 |
| 2015 | $4,168 | $254,000 | $0 | $254,000 |
Source: Public Records
Agents Affiliated with this Home
-
Maggie Gibson
Landlord's Agent in 2025
Maggie Gibson
MerryFox Realty
(978) 852-1566
6 in this area
25 Total Sales
-
Merry Fox Team
M
Buyer's Agent in 2024
Merry Fox Team
MerryFox Realty
79 in this area
250 Total Sales
-
B
Seller Co-Listing Agent in 2019
Betsy Merry
MerryFox Realty
-
Kathryn Tully
Buyer's Agent in 2019
Kathryn Tully
Century 21 North East
(508) 633-7785
34 Total Sales
-
B
Buyer's Agent in 2015
Ben Rhodes
William Raveis R.E. & Home Services
About Derby Lofts Condos
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73348158
APN: SALE-000034-000000-000485-000834-000834
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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