Derby Lofts Condos 51 Lafayette St Unit 601 Salem, MA 01970
Downtown Salem NeighborhoodEstimated Value: $493,000 - $508,000
1
Bed
1
Bath
1,099
Sq Ft
$410/mo
HOA Fee
About This Home
As of February 2022Urban loft style living in the heart of dynamic downtown just steps to the waterfront, historic landmarks, restaurants, shops, cafes & bars! Unit 601 is a penthouse corner unit with soaring 12’-14’ ceilings, window walls filtering light into the unit all day & mesmerizing views of the downtown cityscape & Salem harbor. Open concept layout with kitchen opening into spacious living & dining room with lofted ceilings, exposed pipes & vents. The kitchen boasts granite counters, lots of cabinetry, & SS appliances. The bedroom features high windows overlooking the Salem harbor, a custom walk in California closet & an adjoining full bath. Generous size rooms (1099 sq ft total), utility & laundry rm in the unit. Hard wood fls throughout, CH (by gas) & CA. Hunter Douglas motorized blinds. Strong condo association & stable professional management enhance having a luxury residence here.Take the blue bike to explore the historic town. Hop on the train /commuter rail or Salem Ferry to go to Boston.
Last Agent to Sell the Property
North Star International Realty Team
LAER Realty Partners Listed on: 01/01/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,140
Year Built
- 2003
Lot Details
- 0.48
HOA Fees
- $410 per month
Parking
- 1
Utilities
- 1 Cooling Zone
- 1 Heating Zone
Community Details
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2022
Closed on
Feb 4, 2022
Sold by
Goel Gautam and Goel Kanupriya
Bought by
Harrell Seth C
Seller's Agent
North Star International Realty Team
LAER Realty Partners
Buyer's Agent
The Haddad Homes Group
Compass
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
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
$106,254
Avg. Annual Appreciation
6.72%
Original Mortgage
$177,750
Outstanding Balance
$167,063
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,724
Purchase Details
Listed on
Jul 17, 2019
Closed on
Jul 15, 2019
Sold by
Gerry Mark E
Bought by
Goel Gautam and Goel Kannupriya
Seller's Agent
North Star International Realty Team
LAER Realty Partners
Buyer's Agent
Livingston Group
Compass
Sold Price
$2,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.07%
Original Mortgage
$281,250
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 20, 2016
Closed on
Nov 28, 2016
Sold by
Berliner Kimberly S
Bought by
Gerry Mark E
Seller's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
Buyer's Agent
Mark Wade
Coldwell Banker Realty - Marblehead
List Price
$319,000
Sold Price
$315,000
Premium/Discount to List
-$4,000
-1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$236,250
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 4, 2011
Sold by
Berliner Charles H and Berliner Kimberly S
Bought by
Berliner Kimberly S
Similar Homes in the area
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 |
|---|---|---|---|
| Harrell Seth C | $395,000 | None Available | |
| Goel Gautam | $375,000 | -- | |
| Gerry Mark E | $315,000 | -- | |
| Berliner Kimberly S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Harrell Seth C | $177,750 | |
| Previous Owner | Goel Gautam | $281,250 | |
| Previous Owner | Gerry Mark E | $25,000 | |
| Previous Owner | Gerry Mark E | $236,250 | |
| Previous Owner | Berliner Kimberly S | $253,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2022 02/04/22 | Sold | $395,000 | -1.3% | $359 / Sq Ft |
| 01/06/2022 01/06/22 | For Sale | $400,000 | +15900.0% | $364 / Sq Ft |
| 01/02/2022 01/02/22 | Pending | -- | -- | -- |
| 09/10/2019 09/10/19 | Rented | $2,500 | 0.0% | -- |
| 09/09/2019 09/09/19 | Under Contract | -- | -- | -- |
| 08/06/2019 08/06/19 | Price Changed | $2,500 | 0.0% | $2 / Sq Ft |
| 07/25/2019 07/25/19 | Sold | $375,000 | 0.0% | $341 / Sq Ft |
| 07/17/2019 07/17/19 | For Rent | $2,600 | 0.0% | -- |
| 06/11/2019 06/11/19 | Pending | -- | -- | -- |
| 05/01/2019 05/01/19 | Price Changed | $385,000 | -1.3% | $350 / Sq Ft |
| 04/10/2019 04/10/19 | Price Changed | $389,900 | -2.1% | $355 / Sq Ft |
| 03/20/2019 03/20/19 | For Sale | $398,400 | +26.5% | $363 / Sq Ft |
| 11/28/2016 11/28/16 | Sold | $315,000 | -1.3% | $286 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 09/20/2016 09/20/16 | For Sale | $319,000 | -- | $290 / 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 | $5,140 | $453,300 | $0 | $453,300 |
| 2024 | $4,991 | $429,500 | $0 | $429,500 |
| 2023 | $5,289 | $422,800 | $0 | $422,800 |
| 2022 | $5,536 | $417,800 | $0 | $417,800 |
| 2021 | $5,403 | $391,500 | $0 | $391,500 |
| 2020 | $5,644 | $390,600 | $0 | $390,600 |
| 2019 | $5,486 | $363,300 | $0 | $363,300 |
| 2018 | $5,125 | $333,200 | $0 | $333,200 |
| 2017 | $5,026 | $316,900 | $0 | $316,900 |
| 2016 | $4,795 | $306,000 | $0 | $306,000 |
| 2015 | $4,462 | $271,900 | $0 | $271,900 |
Source: Public Records
Agents Affiliated with this Home
-
North Star International Realty Team
Seller's Agent in 2022
North Star International Realty Team
Laer Realty
(857) 373-9257
1 in this area
171 Total Sales
-
The Haddad Homes Group
T
Buyer's Agent in 2022
The Haddad Homes Group
Compass
(617) 206-3333
3 in this area
36 Total Sales
-
S
Seller's Agent in 2019
Susan Zeppi
Keller Williams Gateway Realty
-
Livingston Group
Buyer's Agent in 2019
Livingston Group
Compass
(781) 888-1006
226 Total Sales
-
Mark Wade
M
Seller's Agent in 2016
Mark Wade
Coldwell Banker Realty - Marblehead
(781) 864-9812
2 in this area
27 Total Sales
About Derby Lofts Condos
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72931848
APN: SALE-000034-000000-000485-000845-000845
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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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