51 Lafayette St UNIT 404, Salem, MA 01970

2 beds2 baths1,584 sqft Edit

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Sold: $343,500
Sold on 07/18/14
Zestimate®: $342,314
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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DERBY LOFTS is luxury living in the heart of downtown Salem. Step into this loft and enjoy the panoramic views of the city and ocean from the commanding wall of glass windows. This unit has all of the expected upgrades which define chic living as well as concierge. These units do not come up often and when they do, they don't last. Recently painted and updated.

Facts

  • Condo
  • Built in 2004
  • Views: 756 all time views
  • HOA Fee: $450
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Jul 2014 for $343,500
  • Last sale price/sqft: $217

Additional Features

  • ADULT_COMMUNITY \ No, AMENITIES \ Laundromat, AMENITIES \ Medical Facility, AMENITIES \ Public School, AMENITIES \ Public Transportation, AMENITIES \ Shopping, AMENITIES \ T-Station, APPLIANCES \ Dishwasher, APPLIANCES \ Disposal, APPLIANCES \ Dryer, APPLIANCES \ Microwave, APPLIANCES \ Range, APPLIANCES \ Refrigerator, APPLIANCES \ Washer, ASSOC_SECURITY \ Doorman, BEACH_DESCRIPTION \ Harbor, BEACH_MILES_TO \ 1 to 2 Mile, BEACH_OWNERSHIP \ Public, BEACHFRONT_FLAG \ Yes, BED2_LEVEL \ Fourth Floor, BTH1_LEVEL \ Fourth Floor, BTH2_LEVEL \ Fourth Floor, COMPLEX_COMPLETE \ Yes, CONSTRUCTION \ Brick, COOLING \ Central Air, DIN_LEVEL \ Fourth Floor, ENERGY_FEATURES \ Insulated Windows, ENTRY_ONLY \ No, EXTERIOR \ Brick, FLOORING \ Wood, HEATING \ Forced Air, HOT_WATER \ Natural Gas, HOW_SHOWN_BB \ Call List Office, HOW_SHOWN_FB \ Call List Office, INSULATION_FEATURE \ Full, KIT_LEVEL \ Fourth Floor, MASTER_BATH \ Yes, MBR_LEVEL \ Fourth Floor, PETS_ALLOWED \ Yes w/ Restrictions, PROP_TYPE \ Condominium/Co-Op, ROOF_MATERIAL \ Rubber, STYLE \ Mid-Rise, UNIT_PLACEMENT \ Upper, WARRANTY \ No

Appliances Included

  • Dishwasher
  • Garbage disposal
  • Microwave

Room Types

  • Dining room
  • Pantry
  • Walk-in closet

Construction

  • Exterior material: Brick
  • Roof type: Built up
  • Room count: 4
  • Unit count: 55

Other

  • Floor size: 1,584 sqft
  • Parcel #: M:34 L:0485 S:826
  • Unit floor #: 4
  • Zillow Home ID: 70885179

Zestimate Details

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$342,314
-$105 Last 30 days
$325K
$359K
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$2,064/mo
-$30 Last 30 days
$1.7K
$2.5K
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Popularity on Zillow

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756 all-time views
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220 forecasted views of this home
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Comparable Homes

Homes like this sold for $287-398K.

$250K
$440K
 

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Market guide

Zillow predicts 01970 home values will rise 0.2% next year, compared to a 0.3% increase for Salem as a whole. Among 01970 homes, this home is valued 18.4% more than the midpoint (median) home, and is valued 13.1% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 01970, the number of foreclosures waiting to be sold is 2.9% higher than in Salem, and 66.7% less than the national average. This higher local number may prevent 01970 home values from rising as quickly as other regions in Salem.

Learn more about forecast calculations or 01970 home values.
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    For Sale

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    Rentals

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    Other Units in this Building (42)ZestimateBedsBathsSqft
    Unit 202$334K211,766
    Unit 204$346K221,614
    Unit 402$339K221,732
    Unit 509$342K221,626
    Unit 311$334K221,576
    Unit 307$336K221,527
    Unit 507$334K221,444
    Unit 301$331K211,613
    Unit 604$357K121,739
    Unit 305$321K221,476
    Unit 504$348K221,690
    Unit 309$342K221,630
    Unit 503$341K221,545
    Unit 511$256K111,070
    Unit 605$329K221,330
    Unit 508$353K221,525
    Unit 603$344K221,561
    Unit 409$342K221,631
    Unit 406$340K121,514
    Unit 410$340K221,669

    Nearby Schools in Salem

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org