NOT LISTED FOR SALE

Derby Lofts Condos 51 Lafayette St Unit 511 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $459,000 - $516,000

1 Bed
1 Bath
982 Sq Ft
$499/Sq Ft Est. Value

About This Home

This home is located at 51 Lafayette St Unit 511, Salem, MA 01970 and is currently estimated at $489,665, approximately $498 per square foot. 51 Lafayette St Unit 511 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2016
Sold by
Regis James
Bought by
Kohn David and Kohn Stephanie
Current Estimated Value
$489,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Outstanding Balance
$176,548
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$313,117

Purchase Details

Closed on
Dec 1, 2005
Sold by
Derby Lofts Llc
Bought by
Regis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,600
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Kohn David $295,000 --
Regis James $353,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohn David $221,250
Previous Owner Regis James $282,600
Source: Public Records

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 $4,861 $428,700 $0 $428,700
2024 $4,713 $405,600 $0 $405,600
2023 $4,888 $390,700 $0 $390,700
2022 $4,782 $360,900 $0 $360,900
2021 $4,664 $338,000 $0 $338,000
2020 $4,880 $337,700 $0 $337,700
2019 $4,785 $316,900 $0 $316,900
2018 $4,486 $291,700 $0 $291,700
2017 $4,406 $277,800 $0 $277,800
2016 $4,209 $268,600 $0 $268,600
2015 $3,925 $239,200 $0 $239,200
Source: Public Records

About Derby Lofts Condos

Map

Massachusetts Essex County Salem 01970 Downtown Salem

51 Lafayette St Unit 511, Salem, MA

Not Listed for Sale

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