M
Seller's Agent in 2021
Merry Fox Team
MerryFox Realty
87 in this area
264 Total Sales
Derby Lofts Condos 51 Lafayette St Unit 507 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $571,000 - $673,000
2
Beds
2
Baths
1,440
Sq Ft
$504/mo
HOA Fee
Highlights
- Harbor Views
- Intercom
- 3-minute walk to Salem Harbor Walk
- Wood Flooring
- Forced Air Heating and Cooling System
About This Home
As of July 2021Derby Lofts is one Salem's finest, chic down town condominiums. This spectacular unit features a contemporary open-living-concept with stunning architectural finishes. The unit has been meticulously renovated by the current owners including all new windows, new deck, designer lighting, new baths, surround sound music, new FHA heating and cooling gorgeous designer closets and private veranda with stunning water views.Salem, with its famed history, and as one of America’s most cosmopolitan small cities, features fine dining, boutique shopping, luxury hotels, coastal waterfront beaches, farmer’s markets, marinas, nightlife, Jazz and documentary film festivals, along with the world- class Peabody Essex Museum, all with “walking” downtown, and easy access to the commuter rail train and ferry to Boston. Embrace the metropolitan life-style that Derby Lofts will offer.
Co-Listed By
Betsy Merry
MerryFox Realty
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,290
Year Built
- Built in 1900
Lot Details
- 0.48
HOA Fees
- $504 per month
Parking
- 2 Car Garage
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Harbor Views
- Year Round Access
Community Details
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2021
Closed on
Jul 13, 2021
Sold by
Walker Richard F and Walker Shirley C
Bought by
Hamor Deborah K and Hamor Matthew S
Seller's Agent
Merry Fox Team
MerryFox Realty
Buyer's Agent
Merry Fox Team
MerryFox Realty
List Price
$564,000
Sold Price
$564,000
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
$60,494
Avg. Annual Appreciation
2.35%
Purchase Details
Closed on
Dec 29, 2005
Sold by
Derby Lofts Llc
Bought by
Walker Richard F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,920
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamor Deborah K | $564,000 | None Available | |
| Walker Richard F | $428,700 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Walker Richard F | $329,437 | |
| Previous Owner | Walker Richard F | $339,920 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2021 07/19/21 | Sold | $564,000 | 0.0% | $392 / Sq Ft |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- |
| 06/02/2021 06/02/21 | For Sale | $564,000 | -- | $392 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $6,290 | $554,700 | $0 | $554,700 |
| 2024 | $6,078 | $523,100 | $0 | $523,100 |
| 2023 | $6,284 | $502,300 | $0 | $502,300 |
| 2022 | $6,088 | $459,500 | $0 | $459,500 |
| 2021 | $5,808 | $420,900 | $0 | $420,900 |
| 2020 | $6,031 | $417,400 | $0 | $417,400 |
| 2019 | $5,907 | $391,200 | $0 | $391,200 |
| 2018 | $5,529 | $359,500 | $0 | $359,500 |
| 2017 | $5,426 | $342,100 | $0 | $342,100 |
| 2016 | $5,179 | $330,500 | $0 | $330,500 |
| 2015 | $4,821 | $293,800 | $0 | $293,800 |
Source: Public Records
Agents Affiliated with this Home
-
Merry Fox Team
-
B
Seller Co-Listing Agent in 2021
Betsy Merry
MerryFox Realty
About Derby Lofts Condos
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72841630
APN: SALE-000034-000000-000485-000840-000840
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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