10 days on rocket

51 Lafayette St Unit 209, Salem, MA, 01970

$589,000

Home List Price

$6,994*

Closing Credit

2 Bedrooms
2 Full Baths
1,627 SqFt
$362/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

51 Lafayette St Unit 209, Salem$589,000

Buyer Closing Credits

$6,994*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingDetached, Leased
Garage1 space
Year Built2003
HeatingForced Air, Natural Gas, Other
CoolingCentral Air
WaterfrontBeach
MLS #73310118
StatusActive

About 51 Lafayette St Unit 209

Awesome Derby Lofts unit in Downtown Historic Salem! This bright & airy 2nd floor condo w/massive windows boasting great downtown views epitomizes loft living. Enjoy the cosmopolitan lifestyle this location affords with museums, gourmet shops, bakeries, boutiques, fabulous restaurants and fun nightlife right outside your door!! The open layout kitchen boasts Brand New quartz countertops added to abundant maple cabinetry plus peninsula seating for 4+. The spacious living area w/exposed brick wall allows for a dining area as well. Newly refinished maple floors lighten the space as well as the freshly painted interior-creating a blank canvas for your creativity! The renovated main bath features an oversized glass shower & quartz vanity while the 2nd full bath features a pedestal sink - both w/tiled floors. BONUS: Pro closet organizers, enormous in-unit storage room w/laundry, shelving units, updated hvac & htwtr plus natural gas appliances & utilities. Commuter rail & ferry minutes away!!

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 1,627 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Office Phone: (978) 927-8700
  • Listing Agent: Pamela McKee

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Wood, Tile
  • Interior: Closet/Cabinets - Custom Built

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Leased

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of New Derby and Lafayette Streets

Price Information

Listing Price Info

Price Summary:

  • List Price: $589,000
  • Price Per SqFt: $362/SqFt

HOA Fees:

  • Amount: $446
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,608
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Salem, MA.

Map thumbnail provided by MapBox

Salem, MA

City

Med. Sold Price

$595.5K

Med. Price/SqFt

$383

Avg. Days On Market

26

# of Sold Homes

44

51 Lafayette St Unit 209 vs Salem

10 DAYS ON ROCKET

-16 Days

$589,000

-$6.5K Less

$362/SqFt

-$21 Less

KEY TAKEAWAY

This property is $6.5K less than the Median Sold Price and $21/SqFt less than other homes in Salem, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73310118

Listing Office:

  • Office Name: Keller Williams Realty Evolution
  • Office Phone: (978) 927-8700
  • Listing Agent: Pamela McKee

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,608$406,400
2020$5,864$405,800
2019$5,744$380,400
2018$5,378$349,700
2017$5,280$332,900

History based on county public records data.

Payment Calculator

$3,453

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,832

Powered By

Rocket Mortgage

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-423350
4
/10

  • Carlton

  • 10 Skerry St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-423351
3
/10

  • Bentley Academy Innovation School

  • 25 Memorial Dr

  • 0.88 miles

  • Public District Grades KG-5

school-card-donut-423352
1
/10

  • Horace Mann Laboratory

  • 79 Willson St

  • 1.19 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $74,799. Typical income of Salem, MA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 51 Lafayette St Unit 209

What is the listing price of this property?

The listing price of 51 Lafayette St Unit 209 property is $589,000.

What type of property is this?

The property 51 Lafayette St Unit 209 is a condo located in Salem, Massachusetts, 01970.

Is this property for sale now?

Active Listing: 51 Lafayette St Unit 209 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,608 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 51 Lafayette St Unit 209 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 51 Lafayette St Unit 209 is 1,627 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 51 Lafayette St Unit 209 is 2003.

Rocket Homes›Massachusetts›Essex County›Salem›01970›51 Lafayette St Unit 209

This home is located at 51 Lafayette St Unit 209 in Salem, MA and zip code 01970. This 1,627 square foot home was built in 2003. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $589,000.

In October 2024 more than 24 listings in Salem, MA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 12 were sold below. The number of homes for sale in Salem, MA decreased by 3% between September 2024 and October 2024. While the average time on the market in October 2024 was 26 days, the median list price was $595,500.

From Rocket Homes Real Estate and based on county public records data.

More Resources