$7,422 Closing Credit¹
#73381929, Daniel Resop, Listing office: William Raveis R.E. & Home Services
$589,000 List price
51 Lafayette St Unit 304 Salem, MA 01970
$6,994
Closing credit¹
2 beds
2 full
1,620 sqft
0.5 acres
$364 / sqft
Condo
Property details
About 51 Lafayette St Unit 304
Fabulous sunny, southeast side, corner unit with water views! Experience modern luxury living at its finest at the Derby Lofts Condos located on Lafayette Street in beautiful historic Salem. Enjoy easy living with two bedrooms, two bathrooms in an open layout with new appliances and an updated primary bath. Walls of glass and picture window overlook Derby Street and the South River Canal. The building provides two high-speed elevators for convenience and specialty shops, boutiques, and restaurants on the first floor, but there’s also plenty of shopping and dining options nearby. For commuters, the complex is in close proximity to commuter rail and the Boston Harbor Ferry. Unit comes with two parking passes to the municipal Harbor Street garage.
Highlights
Home typeCondominium
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
Size1,620 sqft
Lot size0.48 Acres
Year built2003
ParkingDetached
MLS #73387368
Garage2 spaces
WaterfrontBeach
ViewCity
Summary
- Full Bathrooms: 2
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
- Flooring Type: Wood, Tile
- Interior: Elevator
- Total Bedroom Count: 2
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Waterfront: Beach
- View: City
- Exterior: City View(s)
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $589,000
- Price/SqFt: $363
- HOA Amount: $500 Monthly
- Annual Tax Amount: $5,668
- Tax Year: 2024
- Directions: Corner of Derby Street and Lafayette Street
- Year Built: 2003
- Stories: 1
- Living Area: 1,620 SqFt
- Lot Size: 0.48 Acres
- MLS Number: 73387368
- MLS Name: MLS Property Information Network
- Office Name: LandVest, Inc., Manchester -by-the-Sea
- Office Phone: (617) 529-1258
- Listing Agent: Sophie Soman
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: 6/13/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$589,000
51 Lafayette St Unit 304
$6,994
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $487,800 | $5,668 |
| 2023 | $472,200 | $5,907 |
| 2022 | $432,700 | $5,733 |
| 2021 | $405,600 | $5,597 |
| 2020 | $405,000 | $5,852 |
| 2019 | $379,700 | $5,733 |
History based on county public records data.
Nearby schools
4
Carlton
Public District KG-5
0.8 mi
•10 Skerry St
3
Bentley Academy Innovation School
Public District KG-5
0.9 mi
•25 Memorial Dr
1
Horace Mann Laboratory
Public District KG-5
1.2 mi
•79 Willson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,799. The most common annual income of people living in Salem, MA is between $35k-100k. 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.
How much money do the neighbors make?
24%
<35k
47%
35k-100k
28%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
74%
Single, No Kids
3%
Single, with Kids
17%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
2%
12-17 yrs old
32%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 51 Lafayette St Unit 304
The listing price of 51 Lafayette St Unit 304 property is $589,000.
The property 51 Lafayette St Unit 304 is a condo located in Salem, Massachusetts, 01970.
Active Listing: 51 Lafayette St Unit 304 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 51 Lafayette St Unit 304 are: Carlton (GreatSchools Rating 4/10), Bentley Academy Innovation School (GreatSchools Rating 3/10), Horace Mann Laboratory (GreatSchools Rating 1/10), Saltonstall School (GreatSchools Rating 3/10), Collins Middle School (GreatSchools Rating 3/10), Marblehead Community Charter Public School (GreatSchools Rating 5/10), New Liberty Innovation School (GreatSchools Rating 1/10), Salem Academy Charter School (GreatSchools Rating 6/10), Salem High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $5,668 (source: MLS/based on county public records data).
The property at 51 Lafayette St Unit 304 has 2 bedrooms and 2 bathrooms.
The property 51 Lafayette St Unit 304 is 1,620 SqFt (source: MLS/tax record).
The year of construction for 51 Lafayette St Unit 304 is 2003.
This home is located at 51 Lafayette St Unit 304 in Salem, MA and zip code 01970. This 1,620 square foot home, which was built in 2003, sits on a 0.48 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $589,000.
Salem, MA housing market in May 2025 saw over 35 listings sold above listed price, more than 1 sold at listed price and over 14 sold below. The number of listings in Salem, MA increased by 18.2% between April and May 2025. The median list price of listings available in May 2025 was $600,000, while the average time on the real estate market was 23 days.
From Rocket Homes Real Estate and based on county public records data.