51 Lafayette Street, Unit 604605

Salem, MA 01970

$1,250,000
Price
3
Beds
4
Baths
3,069 Sq. Ft.
$407 / Sq. Ft.
3,069
Sq. Ft.
$407
per Sq. Ft.

Description

Derby Lofts – first ever to market, developer’s custom corner penthouse home consisting of two complete units, Unit 604 and 605 - 3,069 SF +713 SF balcony / decks. Modern sophisticated loft living in downtown Salem only 5 blocks to commuter rail & 11 to Boston Harbor Ferry. Experience sweeping 270° city and water views with 10'+ ceilings, nine skylights, walls of windows, tons of light. Open plan, 3 Bedrooms, grand Living Kitchen-Dining with eat-in kitchen, Family Room with full kitchen, 4 full baths,...Derby Lofts – first ever to market, developer’s custom corner penthouse home consisting of two complete units, Unit 604 and 605 - 3,069 SF +713 SF balcony / decks. Modern sophisticated loft living in downtown Salem only 5 blocks to commuter rail & 11 to Boston Harbor Ferry. Experience sweeping 270° city and water views with 10'+ ceilings, nine skylights, walls of windows, tons of light. Open plan, 3 Bedrooms, grand Living Kitchen-Dining with eat-in kitchen, Family Room with full kitchen, 4 full baths, primary baths with walk-in shower, 1 w/ separate two-person jacuzzi. Solid maple cabinets, granite counters, stainless steel finish kitchen appliances, exterior vented ranges. Large separate laundry & storage room for Unit 604, additional washer & dryer in Unit 605, high efficiency HVAC. Building features 2 elevators, gated drive-thru and entrances from 2 streets. Also available: off-site private one and two car garages. Inquire with listing broker for timing, details, and pricing.
  1. Listed by David Friedberg • Experience Real Estate

Property Details for 51 Lafayette Street, Unit 604605

Town
Salem
Area
MA-Salem
Style
High-Rise
Garage Spaces
3
Parking Spaces
.00
Parking Spaces Total
3
Unit Placement
Top/Penthouse, Corner

Location

Listing Courtesy of Experience Real Estate, David Friedberg
Add your commute
LISTING UPDATED: 05/07/2024 03:06 AM

Property Details for 51 Lafayette Street, Unit 604605

StatusActive
MLS #73232748
Days on Market17
Taxes$13,322 / year
HOA Fees$1,212 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built2003
CountyEssex County

Building

Derby Lofts

54 UnitsBuilt in 2003

Location

Listing Courtesy of Experience Real Estate, David Friedberg
Add your commute

Building Information for 51 Lafayette Street, Unit 604605

Building/ComplexDerby LoftsFloor6Stories-Residences54Pet PolicyAllowedYear Built2003

Payment Calculator

$9,144 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,110

HOA Dues

$1,212

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Lafayette Street, Unit 604605

General Details
Property Details
  • Association Amenities: Elevator(s)
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, House of Worship, Marina, Public School, T-Station, University
  • Living Area: 3069.0
  • SqFt with Basement: No
  • Total Units: 54
  • 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, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Range Hood, Plumbed For Ice Maker
  • Basement Features: N
  • Common Walls: Top/Penthouse, Corner
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • DoorFeatures: Insulated Doors
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Engineered Hardwood
  • Interior Features: Finish - Sheetrock, Internet Available - Broadband
  • Interior Features: Finish - Sheetrock, Internet Available - Broadband, Intercom, Other(See Remarks)
  • Laundry Features: In Unit, Gas Dryer Hookup, Washer Hookup
  • Primary Bath: Yes
  • SpaYN: No
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Brick, Stone
  • Exterior Features: Deck - Wood, Balcony
  • Exterior Features: Balcony, Deck - Wood
  • Patio And Porch Features: Deck - Wood
  • Roof Material: Rubber
  • Structure Type: High-Rise
  • Waterfront Features: Beach Front, Harbor, Ocean, Beach Ownership(Public)
  • Waterview Features: Harbor, Ocean, River
Parking Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: 3.00
  • Garage: Yes
  • Garage Parking: Detached, Common, Off-Street, Rented, Deeded, Available for Purchase, Leased
  • Parking Features: Detached, Common, Off-Street, Rented, Deeded, Available for Purchase, Leased
  • Parking Features: Common, Off-Street, Rented, Deeded, Available for Purchase, Leased
Utilities
  • Cooling: Central Air, Individual, Unit Control, ENERGY STAR
  • Cooling: Yes
  • Electric: 220 Volts
  • Green Energy Efficient: Thermostat
  • Heating: Forced Air, Natural Gas, Individual, Unit Control, Hydro Air, ENERGY STAR Qualified Equipment
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection
  • Water: Public
Property Information
Property Info
  • UFFI: No
  • Year Round: Yes
  • Documents Available: Master Deed, Rules & Regs, Management Association Bylaws, Floor Plans, Association Financial Statements
  • Documents Count: 5
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Three garage spaces each leased for $270 per year. Additional private deeded one car garage available for $50,000,deeded two car garage available for $100,000. Unit 604 (1 bedroom can become 2 bedroom) available for $675,000 (See MLS# 73226378). Unit 604 also currently available for rent.
Tax Information
  • Tax ID: 4581729
  • Assessments: $1,146,400
  • Book: 25467
  • Tax Year: 2024
  • Zoning: B5
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 1
Other Building Characteristics
  • Cooling Zones: 2
  • Heat Zones: 2
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
  • Complex Name: Derby Lofts Condominium
  • Complex Complete: Yes
  • Management: Professional - Off Site
  • Units Owner Occupied: 50
  • Owner Occupied Source: Trustee
  • Association Security: Intercom, Other
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 604-605
  • Unit Floor Level Integer: 6.0
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 51 Lafayette Street, Unit 604605

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 51 Lafayette Street, Unit 604605

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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51 Lafayette Street, Unit 604605 is a condo for sale in Salem, MA 01970. This property was listed for sale on May 3, 2024 by Experience Real Estate, it's currently listed at $1,250,000. This listing's school district is Salem School District. Nearby schools include Carlton Elementary School, Horace Mann Laboratory and Bates Elementary School. 51 Lafayette Street, Unit 604605 is a 3-bed, 4-bath, 3,069 sqft condo built in 2003.

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 Experience Real Estate, David Friedberg

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.