51 Lafayette St UNIT 607, Salem, MA 01970

2 beds, 2 baths, 1,576 sqft
Foreclosed
Foreclosure Estimate: $252,443
Below Zestimate®: $93K (27%)

This property is owned by a bank or a lender who took ownership through foreclosure proceedings. It may soon be listed for sale. This property is not found on a multiple listing service (MLS).

A Foreclosure Estimate is the price Zillow predicts a property will sell for if it's listed as a foreclosure (bank-owned property or real estate owned). Learn more

Zillow predicts this property will sell for $252,443 if it's listed for sale as a foreclosure. This is 27.0% or $93,370 below the Zestimate® home valuation of $345,813. Learn more

2 Garage spaces owned not rented!!!Live in the BEST condo in the Derby Lofts. Penthouse Unit. Wrap around deck with a picture windows in every room with the most spectacular views of the Salem Harbor and the City of Salem. This unit is ideal for indoor&outdoor parties.Priced to sell so don't miss out on this once in a lifetime opportunity...Estate Sale....
Facts
  • Condo
  • Built in 2004
  • 166 days on Zillow
  • Heating: Forced air
  • Last sold: Jul 2008 for $435,000
Construction
  • Exterior material: Brick
  • Room count: 4
  • # Stories: 5.0
Other
  • Floor size: 1,576 sqft
  • Parcel #: M:34 L:0485 S:851
  • Zillow Home ID: 70885217

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DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
DATEPrevious sale$000,000The home was last sold for $000,000.

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Home Values
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$345,813
+$477 Last 30 daysd
$329K
$363K
Zestimate range
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,280/mo
+$86 Last 30 daysd
$1.9K
$2.4K
Zestimate range
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Neighborhood for 51 Lafayette Street UNIT 607

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Zillow predicts 01970 home values will rise 0.2% next year, compared to a 0.3% increase for Salem as a whole.

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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     Other Units in this Building (43)ZestimateBedsBathsSqft

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    Contact a foreclosure specialist

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    Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

    Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005
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    Nearby Similar Sales

    1. 51 Lafayette St UNIT 602, Salem, MA 01970

      Sold on 12/13/2013: $346,500

      • Beds: 2
      • Sqft: 1474
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    3. 51 Lafayette St UNIT 204, Salem, MA 01970

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