Off Market

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: $443 / mo
HOA Fees Include
Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds, Management Fee
Special Assessment
Yes
Floor: 3rd floor
Accessibility: Elevator
Pets: Pets (Restrictions)
Parking: No Parking
Heating & cooling: Heat, Gas, AC
Laundry: In Unit Laundry

About this home

Modern industrial vibe one-floor living in the heart of Salem amongst 70+ restaurants, shopping, museums, waterfront all in a professionally managed mid rise building with security and even gated drive through entrances for easy living! Two high speed elevators plus a sky lit atrium and meeting space inside this condominium complex called THE DERBY LOFTS. The single floor unit is on the 3rd floor of the building and has open concept space with impressive 12' ceiling height. Granite kitchen with stainless steel appliances, plenty of seating around the granite peninsula, Large open concept living and dining spaces with fabulous oversized triple stacked windows. Two bedrooms, two full bathrooms, in-unit laundry, central air conditioning, tankless Navien? on-deman hot water (current owner put this in +/-2 years), and a Magic Aire? air handler. Professionally managed off site, mail room, refuse (trash) room. The famous Salem Cheese shop, Engine House pizza, + A&J King bakery are all below!

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:
1266 days
Listing Price:
$540,000
Price per Sq.Ft:
$354
Tax Assessment:
$459,100 in 2023
Taxes:
$479 / Monthly
HOA Fee:
$443 / Monthly

Home Facts

Where is the Unit in the building?

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

Interior Features

Bedrooms
2
Full Bathrooms
2
Half Bathrooms
0
Living Area
1,527 Sq.Ft
Kitchen
Main Floor, Peninsula, Stainless Steel Appliances, Flooring - Hardwood, Main Level, Lighting - Overhead, Dishwasher, Range, Garbage Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Primary Bedroom
Main Floor, En-suite bathroom
Laundry
In Unit, Main Floor
Living levels
1
Rooms
4
Above grade area
1527
Flooring
Wood, Tile, Vinyl, Hardwood
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
Unknown
Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None, No parking

Home Owner Association information

Restrictions
Unknown
HOA
$443 / Monthly
HOA Includes
Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds, Management Fee
Special Assessment
Yes
Special Assessment Disclosure
SELLER is paying the special assessment in full prior to closing! The building is having the entire exterior renovated. Cost of the entire project is divied up by percent ownership. unit 307 is 1.5%
Special Assessment Amount
$21,000
Pets allowed
Yes w/ Restrictions
Pet restrictions
Other (See Remarks)
Security
Intercom, Security Gate, Other (See Remarks)
Association pool
No

Room details

Bedroom 2 level
First Floor
Bedroom 2 features
Closet, Flooring - Hardwood, Lighting - Sconce
Bathroom 1 level
First Floor
Bathroom 1 features
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Main Level, Recessed Lighting, Lighting - Sconce, Pedestal Sink
Bathroom 2 level
First Floor
Bathroom 2 features
Bathroom - Full, Bathroom - Tiled With Shower Stall, Closet - Walk-in, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Lighting - Overhead

Listing information

Listing agent
Hilary Foutes
Listing office
Sagan Harborside Sotheby's International Realty
MLS PIN #
73112344
Disclosure
Local garage parking can be purchased from 2 different places. Residents can drop and use carport to drop and pick up items (or people) up to 20mins for convenience. Buyers are responsible for reading rules, regulations and deed to be fully informed regarding anything Derby Lofts related.
Disclosure
SELLER is paying the special assessment in full prior to closing! The building is having the entire exterior renovated. Cost of the entire project is divied up by percent ownership. unit 307 is 1.5%

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