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51 Lafayette St Unit 307, Salem, MA

Salem · MA 01970

$540,000
Price
2
Beds
2
Baths
1527
Sq. ft.

Overview

Property type: Condominium
HOA: HOA: $448 / mo
HOA Fees Include
Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds, Flood Insurance, Management Fee
Special Assessment
Yes
Floor: 3rd floor
Accessibility: Elevator
Pets: Pets (Restrictions)
Parking: 1 Off Street Space
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry
Outdoor space: No Outdoor Space

About this home

Welcome to the highly desirable Derby Lofts! Offering young construction (2003) loft living in the heart of historic Salem, with dozens of restaurants, shops & historic sites just outside your door. This nicely updated 2 Bedroom, 2 Full Bath unit offers a wide open floor plan with 12' ceilings, huge windows & wonderful natural light. Kitchen boasts GAS cooking, granite counters, young appliances and plenty of quality cabinets. It opens nicely to the spacious Dining & Living Rooms, perfect for either large gatherings or quiet evenings at home. Both Bedrooms boast the same soaring ceilings, oversized windows & their own Bathrooms. EXCELLENT closet space, including a large walk-in closet & oversized in-unit laundry room. Additional amenities include: new Navien tankless hot water (1.5 +/- yrs), brand new dishwasher, new garbage disposal, new Fridge & Microwave (2yrs +/-) and new vanity & floor in Main Bath. Easy access to the Train, Ferry & Waterfront, this is truly a real gem!!!

Neighborhood & Transit

51 Lafayette St, Salem · MA 01970

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Salem Commuter Rail 1 route 0.37 mi
    • Newburyport/Rockport Line

Price Insight

Days on Market:
1175 days
Listing Price:
$540,000
Price per Sq.Ft:
$354
Tax Assessment:
$459,100 in 2023
Taxes:
$479 / Monthly
HOA Fee:
$448 / Monthly

Home Facts

Where is the Unit in the building?

Unit Placement
3rd | Upper, Middle
Elevator
Yes
Handicap Access
Unknown

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,527 Sq.Ft
Broker Disclosure about Living Area
Room sizes are approximate for marketing purposes.
Kitchen
Main Floor, Open Floor Plan, Breakfast Bar, Stainless Steel Appliances, Stone Countertops, Flooring - Wood, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Washer, Dryer
Primary Bedroom
Main Floor, Full Bathroom, Walk-in Closet, Flooring - Wood, En-suite bathroom
Laundry
In Unit, Main Floor
Living levels
1
Rooms
4
Above grade area
1527
Flooring
Wood, Tile, Vinyl
Lead paint
None

Utilities

Heating Type
Forced Air, Gas, Individual, Unit Control
Heating Zone
1
Cooling
Central Air, Individual, Unit Control
Cooling Zones
1
Water
City/Town Water
Sewer
City/Town Sewer
Electric Features
Circuit Breakers

Exterior Features

Outdoor Space
No
Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
1 Parking Space, Leased

Home Owner Association information

Restrictions
Unknown
HOA
$448 / Monthly
HOA Includes
Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds, Flood Insurance, Management Fee
Special Assessment
Yes
Special Assessment Disclosure
Seller will pay special assessment in full at closing. Exterior being renovated, completed Oct '23.
Special Assessment Amount
$21,000
Pets allowed
Yes w/ Restrictions
Pet restrictions
Other (See Remarks)
Security
Intercom, Security Gate
Association pool
No

Room details

Living room level
First Floor
Living room features
Flooring - Wood, Open Floor Plan
Dining room level
First Floor
Dining room features
Flooring - Wood, Open Floor Plan
Bedroom 2 level
First Floor
Bedroom 2 features
Flooring - Wood
Bathroom 1 level
First Floor
Bathroom 1 features
Bathroom - Full, Flooring - Stone/Ceramic Tile
Bathroom 2 level
First Floor
Bathroom 2 features
Bathroom - Full, Flooring - Stone/Ceramic Tile

Listing information

Listing agent
Angie's Home Team
Listing office
North Star Realtors LLC
MLS PIN #
73149437
Disclosure
Pet restrictions on page 14 of Rules & Regs. Certificate of Insurance last page of Rules & Regs. Seller will pay entire special assessment off at closing. Exterior being renovated, completed Oct '23. Off site, leased parking available from 2 nearby lots.
Disclosure
Room sizes are approximate for marketing purposes.
Disclosure
Seller will pay special assessment in full at closing. Exterior being renovated, completed Oct '23.

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