NOT LISTED FOR SALE

Derby Lofts Condos 51 Lafayette St Unit 604 Salem, MA 01970

Downtown Salem Neighborhood

Estimated Value: $684,249 - $745,000

1 Bed
2 Baths
1,739 Sq Ft
$405/Sq Ft Est. Value

About This Home

This home is located at 51 Lafayette St Unit 604, Salem, MA 01970 and is currently estimated at $703,562, approximately $404 per square foot. 51 Lafayette St Unit 604 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
Sep 20, 2024
Sold by
Costagliola Thomas J
Bought by
Miller Marc S and Paino Susan
Current Estimated Value
$703,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$198,894
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$489,268

Purchase Details

Closed on
Mar 16, 2006
Sold by
Derby Lofts Llc
Bought by
Costagliola Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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
Miller Marc S $675,000 None Available
Miller Marc S $675,000 None Available
Costagliola Thomas J $571,321 --
Costagliola Thomas J $571,321 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Marc S $200,000
Closed Miller Marc S $200,000
Previous Owner Costagliola Thomas J $99,000
Previous Owner Costagliola Thomas J $1,000,000
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 $7,271 $641,200 $0 $641,200
2024 $7,055 $607,100 $0 $607,100
2023 $7,501 $599,600 $0 $599,600
2022 $7,265 $548,300 $0 $548,300
2021 $7,100 $514,500 $0 $514,500
2020 $7,413 $513,000 $0 $513,000
2019 $7,250 $480,100 $0 $480,100
2018 $6,770 $440,200 $0 $440,200
2017 $6,637 $418,500 $0 $418,500
2016 $6,329 $403,900 $0 $403,900
2015 $5,878 $358,200 $0 $358,200
Source: Public Records

About Derby Lofts Condos

Map

Massachusetts Essex County Salem 01970 Downtown Salem

51 Lafayette St Unit 604, Salem, MA

This home is located at 51 Lafayette St Unit 604, Salem, MA 01970 and is currently estimated at $703,562, approximately $404 per square foot. 51 Lafayette St Unit 604 is a home located in Essex County with nearby schools including Saltonstall School, Carlton Elementary School, and Bates Elementary School.

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