51 Lafayette Street, Unit 601

Salem, MA 01970

$395,000
Last Sold Price
1
Beds
1
Bath
1,099 Sq. Ft.
$359 / Sq. Ft.
1,099
Sq. Ft.
$359
per Sq. Ft.

Description

Urban 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...Urban 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.
  1. Listed by North Star Group • LAER Realty Partners
  2. Listed by Olga Rotaru • LAER Realty Partners
  3. Listed by Sabrina Stewart • eXp Realty

Property Details for 51 Lafayette Street, Unit 601

Town
Salem
Area
MA-Salem
Style
Mid-Rise
Garage Spaces
1
Parking Spaces
1.00
Parking Spaces Total
2
Unit Placement
Top/Penthouse, Corner

Location

Listing Courtesy of LAER Realty Partners, North Star Group; LAER Realty Partners, Olga Rotaru; eXp Realty, Sabrina Stewart

Sold By Compass, Haddad Homes

Add your commute
LISTING UPDATED: 08/08/2022 07:26 PM

Property Details for 51 Lafayette Street, Unit 601

StatusSold
MLS #72931848
Days on Market21
Taxes$5,403 / year
HOA Fees$410 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built2003
CountyEssex County

Building

Derby Lofts

54 UnitsBuilt in 2003

Location

Listing Courtesy of LAER Realty Partners, North Star Group; LAER Realty Partners, Olga Rotaru; eXp Realty, Sabrina Stewart

Sold By Compass, Haddad Homes

Add your commute

Building Information for 51 Lafayette Street, Unit 601

Building/ComplexDerby LoftsFloor6Stories-Residences54Pet PolicyAllowedYear Built2003

Payment Calculator

$3,016 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,156

Property Taxes

$450

HOA Dues

$410

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Lafayette Street, Unit 601

General Details
Property Details
  • Association Amenities: Elevator(s)
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Marina, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 1099.0
  • Total Units: 62
  • Property Attached: Yes
  • Type of Condo: Condo
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Disposal, Microwave, Refrigerator, Washer, Dryer, Gas Water Heater
  • Basement Features: N
  • Common Walls: Top/Penthouse, Corner
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Engineered Hardwood
  • Interior Features: Intercom
  • Laundry Features: In Unit
  • Primary Bath: No
Exterior Features
  • Construction: Brick, Block, Post & Beam
  • Structure Type: Mid-Rise
  • Waterfront Features: Beach Front, Ocean, Walk to, Beach Ownership(Public)
  • Waterview Features: Harbor, Marina, Ocean
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Detached, Common, On Street Permit
  • Open Parking: Yes
  • Parking Features: Detached, Common, On Street Permit
  • Parking Features: Common, On Street Permit
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Documents Available: Master Deed, Unit Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements, Certificate of Insurance
  • Documents Count: 7
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Parking in the garage is leased at South Harbor and Museum Place Garage. Paid through May 2022. Check the floor plans for rooms dimensions
Tax Information
  • Tax ID: M:34 L:0485 S:845,4590595
  • Assessments: $391,500
  • Book: 37699
  • Tax Year: 2021
  • Zoning: B5
Building / Association Information
Living Characteristics
  • Beds Total: 1
  • Total Living Levels: 1
Other Building Characteristics
  • Accessibility Features: Accessible Entrance
  • Cooling Zones: 1
  • Heat Zones: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Reserve Funds
  • Complex Name: Derby Lofts
  • Complex Complete: Yes
  • Management: Professional - Off Site
  • Units Owner Occupied: 55
  • Owner Occupied Source: management
  • Association Security: Intercom
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 601
  • Unit Floor Level Integer: 6.0
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 51 Lafayette Street, Unit 601

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 51 Lafayette Street, Unit 601

Taxable ValueLand-Additions$429,500Total-
Tax Record2024$4,991 ($416 / month)
Home Facts
Beds1Baths1Total Finished SqFt1,099 SqFtAbove Grade Finished SqFt1,099 SqFtLot Size20,752 SqFtStyleCondominiumYear Built2003ZoningB5CountyESSEXAPNSALE M:34 L:0485 S:845

Schools near 51 Lafayette Street, Unit 601

This home is within Salem School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 8
Rating
School
Distance
Carlton Elementary School
PublicK to 5

Horace Mann Laboratory
PublicK to 5

Bates Elementary School
PublicK to 5

Saltonstall School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LAER Realty Partners, North Star Group; LAER Realty Partners, Olga Rotaru; eXp Realty, Sabrina Stewart

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.