
Derby Lofts Condos 51 Lafayette St Unit 504 Salem, MA 01970
Downtown Salem NeighborhoodAbout This Home
As of June 2019OPEN HOUSE SUNDAY 7/24/16 from 12:00-1:30. URBAN LIVING IN HISTORIC DOWNTOWN SALEM! The views will KNOCK YOUR SOCKS off from this 5th floor corner unit at Derby Lofts. Exceptional condo with two walls filled with windows offering sun drenched living space and breathtaking views of Salem Harbor. Desirable OPEN LIVING concept with one huge main living area with Hardwood floors, kitchen with granite counters, glass back splash, stainless steel appliances and peninsula with pendant lighting. Master bedroom with master bath and two huge closets. 2nd full bath, laundry area and two additional closest for storage. GAS HEATING and cooking. Hardwood floors throughout,central air, elevator in complex for easy access. Walk to the many restaurants, shops, ferry and museums. Walking distance to the train for easy commuting into town.
Last Agent to Sell the Property
Coldwell Banker Realty - Lynnfield Listed on: 05/11/2016

Last Buyer's Agent
Ramsey Hasan
William Raveis R.E. & Home Services License #454007580
Property Details
Home Type
Condominium
Est. Annual Taxes
$6,416
Year Built
2003
Lot Details
0
Listing Details
- Unit Level: 5
- Unit Placement: Upper, End, Corner, Garden
- Property Type: Condominium/Co-Op
- Other Agent: 1.50
- Handicap Access: Yes
- Year Round: Yes
- Special Features: None
- Property Sub Type: Condos
- Year Built: 2003
Interior Features
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Has Basement: No
- Primary Bathroom: Yes
- Number of Rooms: 4
- Amenities: Shopping, House of Worship, Private School, Public School
- Electric: Circuit Breakers
- Energy: Insulated Windows
- Flooring: Tile, Hardwood
- Interior Amenities: Cable Available
- Bedroom 2: First Floor, 12X9
- Bathroom #1: First Floor
- Bathroom #2: First Floor
- Kitchen: First Floor, 8X5
- Living Room: First Floor, 18X16
- Master Bedroom: First Floor, 18X10
- Master Bedroom Description: Closet, Flooring - Hardwood, Bathroom - 3/4
- Dining Room: First Floor, 13X8
- No Living Levels: 1
Exterior Features
- Construction: Frame, Brick
- Exterior: Brick
- Waterview Flag: Yes
Garage/Parking
- Parking: Leased
- Parking Spaces: 1
Utilities
- Cooling: Central Air, Individual, Unit Control
- Heating: Forced Air, Gas, Individual, Unit Control
- Cooling Zones: 1
- Heat Zones: 1
- Hot Water: Natural Gas, Tank
- Utility Connections: for Gas Range, for Gas Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Condominium Name: Derby Lofts
- Association Fee Includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance
- Association Security: Intercom, Security Gate
- Management: Professional - Off Site
- Pets Allowed: Yes w/ Restrictions
- No Units: 54
- Unit Building: 504
Schools
- High School: Shs
Lot Info
- Zoning: B5
- Lot: 837
Multi Family
- Waterview: Harbor, Ocean
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Salem, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Condominium Deed | $555,000 | None Available | |
Quit Claim Deed | -- | -- | |
Condominium Deed | $430,000 | -- | |
Quit Claim Deed | $400,000 | -- | |
Not Resolvable | $392,500 | -- | |
Deed | $315,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $250,000 | Purchase Money Mortgage | |
Previous Owner | $100,000 | Balloon | |
Previous Owner | $344,000 | New Conventional | |
Previous Owner | $294,000 | New Conventional | |
Previous Owner | $45,900 | No Value Available |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/07/2019 06/07/19 | Sold | $430,000 | -2.3% | $264 / Sq Ft |
05/02/2019 05/02/19 | Pending | -- | -- | -- |
04/27/2019 04/27/19 | Price Changed | $439,900 | -1.9% | $270 / Sq Ft |
04/08/2019 04/08/19 | Price Changed | $448,500 | -2.5% | $275 / Sq Ft |
03/12/2019 03/12/19 | Price Changed | $459,900 | -2.1% | $282 / Sq Ft |
03/01/2019 03/01/19 | For Sale | $469,900 | 0.0% | $288 / Sq Ft |
10/27/2016 10/27/16 | Rented | $2,550 | 0.0% | -- |
10/04/2016 10/04/16 | Under Contract | -- | -- | -- |
09/29/2016 09/29/16 | For Rent | $2,550 | 0.0% | -- |
09/23/2016 09/23/16 | Sold | $392,500 | -1.9% | $241 / Sq Ft |
07/26/2016 07/26/16 | Pending | -- | -- | -- |
07/17/2016 07/17/16 | Price Changed | $399,900 | -2.4% | $245 / Sq Ft |
05/22/2016 05/22/16 | For Sale | $409,900 | 0.0% | $251 / Sq Ft |
05/19/2016 05/19/16 | Pending | -- | -- | -- |
05/11/2016 05/11/16 | For Sale | $409,900 | 0.0% | $251 / Sq Ft |
10/01/2014 10/01/14 | Rented | $2,150 | -4.4% | -- |
09/01/2014 09/01/14 | Under Contract | -- | -- | -- |
07/26/2014 07/26/14 | For Rent | $2,250 | 0.0% | -- |
10/01/2013 10/01/13 | Rented | $2,250 | 0.0% | -- |
09/01/2013 09/01/13 | Under Contract | -- | -- | -- |
08/29/2013 08/29/13 | For Rent | $2,250 | +15.4% | -- |
08/20/2012 08/20/12 | Rented | $1,950 | 0.0% | -- |
07/21/2012 07/21/12 | Under Contract | -- | -- | -- |
06/14/2012 06/14/12 | For Rent | $1,950 | -- | -- |
Tax History Compared to Growth
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 | $6,416 | $565,800 | $0 | $565,800 |
2024 | $6,213 | $534,700 | $0 | $534,700 |
2023 | $6,451 | $515,700 | $0 | $515,700 |
2022 | $6,255 | $472,100 | $0 | $472,100 |
2021 | $6,109 | $442,700 | $0 | $442,700 |
2020 | $6,646 | $459,900 | $0 | $459,900 |
2019 | $6,507 | $430,900 | $0 | $430,900 |
2018 | $6,086 | $395,700 | $0 | $395,700 |
2017 | $5,971 | $376,500 | $0 | $376,500 |
2016 | $5,474 | $349,300 | $0 | $349,300 |
2015 | $5,092 | $310,300 | $0 | $310,300 |
Agents Affiliated with this Home
-
Seller's Agent in 2019
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
(978) 808-1597
1 in this area
203 Total Sales
-
S
Buyer's Agent in 2019
Sarah Myles-Lennox
MerryFox Realty
(857) 523-9733
35 Total Sales
-
R
Seller's Agent in 2016
Ramsey Hasan
William Raveis R.E. & Home Services
-
Seller's Agent in 2014
Janice Kostopoulos
Coldwell Banker Realty - Marblehead
(617) 365-6316
1 in this area
25 Total Sales
-
C
Buyer's Agent in 2014
Carmel Harney
William Raveis R.E. & Home Services
-
B
Buyer's Agent in 2012
Betsy Merry
MerryFox Realty
About Derby Lofts Condos
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72003590

APN: SALE-000034-000000-000485-000837-000837
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