Tyson Lynch
Responds Quickly
The Proper Nest Real Estate
(351) 666-4531
53 Total Sales
3 in Downtown Salem
$290K - $1.1M Price Range
Derby Lofts Condos 51 Lafayette St Unit 507 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $538,000 - $672,000
2
Beds
2
Baths
1,440
Sq Ft
0.48
Acre Lot
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
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Property Details
Home Type
- Condominium
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
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
Jun 2, 2021
Closed on
Jul 13, 2021
Sold by
Bought by
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
$53,815
Avg. Annual Appreciation
1.81%
Purchase Details
Closed on
Dec 29, 2005
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Salem, MA
-
Tyson Lynch
-
The North Shore Realty Group
The North Shore Realty Group
eXp Realty LLC
(978) 848-1517
91 Total Sales
1 in Downtown Salem
$539,000 Price
-
Gary Rogers
Gary Rogers
RE/MAX On the Charles
(857) 663-0335
65 Total Sales
1 in Downtown Salem
$594,900 Price
-
Paul Conti
Paul Conti
Paul Conti Real Estate
(339) 888-9353
116 Total Sales
1 in Downtown Salem
$254,900 Price
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
110 Total Sales
1 in Downtown Salem
$395,000 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
51 Total Sales
1 in Downtown Salem
$540,000 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 |
|---|---|---|---|
| $564,000 | None Available | ||
| $428,700 | -- |
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 | ||
| Closed | $277,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $329,437 |
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 |
|---|---|---|---|---|
| 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
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 | $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
M
Seller's Agent in 2021
Merry Fox Team
MerryFox Realty
79 in this area
250 Total Sales
-
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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