NOT LISTED FOR SALE

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

Downtown Salem Neighborhood

Estimated Value: $699,000 - $711,000

1 Bed
2 Baths
1,739 Sq Ft
$406/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 $705,770, approximately $405 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
$705,770

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
$197,752
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$508,018

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:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $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

Not Listed for Sale

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.

Nearby Homes