51 Lafayette Street #304, Salem, MA 01970 - Photo 1

1/1

$589,000

Sold
Closed
Condo
2 Beds
2 Full Baths
1,620 Sq. Ft.
0.48 Acres
2 Car Garage

1/1

Property Description

Fabulous sunny, southeast side, corner unit with water views! Experience modern luxury living at its finest at the Derby Lofts Condos located on Lafayette Street in beautiful historic Salem. Enjoy easy living with two bedrooms, two bathrooms in an open layout with new appliances and an updated primary bath. Walls of glass and picture window overlook Derby Street and the South River Canal. The building provides two high-speed elevators for convenience and specialty shops, boutiques, and restaurants on the first floor, but there's also plenty of shopping and dining options nearby. For commuters, the complex is in close proximity to commuter rail and the Boston Harbor Ferry. Unit comes with two parking passes to the municipal Harbor Street garage.

Full Property Details

Full Property Details for 51 Lafayette St #304

General

Sold For: $589,000
HOA FEE: $501/month
Taxes: $5,855 (2025)
Status: Closed
Type: Condo
MLS ID: 73387368
Added to Site: 228 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2
Bathroom 1: Third
Bathroom 2: Third

Bedrooms

Total Bedrooms: 2
Primary Bedroom: Third
Bedroom 2: Third

Other Rooms

Living Room: Third
Kitchen: Third
Dining Room: Third

Parking

Garage: Yes
Garage Spaces: 2
Parking Features: Detached

Location

County: Essex

Structural Information

Basement: Yes
Stories/Levels: 1
Square Feet: 1,620
Year Built: 2003

Lot Features

Lot Size (Acres): 0.48

Financial Considerations

Association Fee: $501
Tax Amount: $5,855
Tax Year: 2025

Disclosures and Reports

Exclusions: None
Disclosures/Rstr.: Unit comes with 2 parking passes for the South Harbor Garage @ a cost of $270 each / year, $200 for Seniors. Spots are first come first serve. Current assessment to be paid by owner.
Property ID: M:34 L:0485 S:815, 4656142

Listed by LandVest, Inc., Manchester -by-the-Sea, Sophie Soman
Sold by Engel & Volkers By the Sea, Diantha Phothisan

What's Your Home Worth?

* Indicates a required field

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Address optional

City *State *

Zip Code optional

Your Contact Information

First Name *Last Name *

Email Address *

Phone Number *

Comment *

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Submit, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

Listing agent

— 51 Lafayette St #304 —

Sophie Soman

LandVest, Inc., Manchester -by-the-Sea

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender

NMLS#: 1598647

Get Pre-Approved

Schools

Schools serving 51 Lafayette St #304

School District:Salem School District, Salem, MA

Name	Grades	Distance
Saltonstall School 211 Lafayette Street, Salem, MA 01970	K-8	0.4 mi
Carlton Elementary School 10 Skerry Street, Salem, MA 01970	K-5	0.8 mi
Horace Mann Laboratory 79 Willson Street, Salem, MA 01970	K-5	1.2 mi
Collins Middle School 29 Highland Avenue, Salem, MA 01970	6-8	0.7 mi
Salem High School, Salem, MA 77 Willson Street, Salem, MA 01970	9-12	1.3 mi
Bates Elementary School, Salem, MA 53 Liberty Hill Avenue, Salem, MA 01970	K-5	1.2 mi
Witchcraft Heights Elementary School 1 Frederick Street, Salem, MA 01970	K-5	1.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 51 Lafayette St #304

Date

Details

Price

Change

Source

10/01/2025

Sold

$589,000

—

MLS

6/07/2025

Listed

$589,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

111 Foster St, Peabody, MA 01960 - Photo 1

Just Listed

$325,000

Open House

111 Foster St #305 Peabody, MA 01960

Condo
Active
Updated 12 hours ago

2
Beds
1
Total Bath
1,054
Sq. Ft.

Listed by Marc Green (781) 244-6397

98 Foster St, Peabody, MA 01960 - Photo 1

Just Listed

$1,100,000

98 Foster St Peabody, MA 01960

Multi-Family
Active
Updated 2 days ago

2
Units
3
Total Beds
0.16
Acres

Just Listed

$595,500

8 Temi Rd Peabody, MA 01960

Single Family
Active
Updated 2 days ago

5
Beds
2
Total Baths
2,456
Sq. Ft.

Just Listed

$375,000

Open House

7 Lee #3 Marblehead, MA 01945

Condo
Active
Updated 1 day ago

1
Bed
1
Total Bath
517
Sq. Ft.

Listed by Siobhan Phelan (781) 910-5425 and Ryan DeLisle (781) 367-1107

1100 Salem St, Peabody, MA 01940 - Photo 1

Price Reduced

-$10,000 (-1.85%)

$529,900

1100 Salem St #58 Peabody, MA 01940

Townhouse
Active
Updated 3 days ago

2
Beds
3
Total Baths
1,268
Sq. Ft.

495 Cabot St, Beverly, MA 01915 - Photo 1

Price Reduced

-$24,000 (-3.43%)

$675,000

495 Cabot St #1 Beverly, MA 01915

Commercial
Active

13 Giles Ave, Beverly, MA 01915 - Photo 1

Price Reduced

-$19,900 (-5.69%)

$330,000

13 Giles Ave #2 Beverly, MA 01915

Condo
Active
Updated 2 days ago

2
Beds
1
Total Bath
657
Sq. Ft.

40 Buena Vista St, Swampscott, MA 01907 - Photo 1

Price Reduced

-$49,900 (-8.32%)

$550,000

40 Buena Vista St Swampscott, MA 01907

Single Family
Active
Updated 2 days ago

3
Beds
2
Total Baths
1,082
Sq. Ft.

51 Lafayette St, Salem, MA 01970 - Photo 1

Sold

$570,000

51 Lafayette St #506 Salem, MA 01970

Condo
Closed

2
Beds
2
Total Baths
1,510
Sq. Ft.

20 Central St, Salem, MA 01970 - Photo 1

Sold

$599,000

20 Central St #402 Salem, MA 01970

Condo
Closed

2
Beds
2
Total Baths
1,395
Sq. Ft.

Sold

$569,900

20 Central St #405 Salem, MA 01970

Condo
Closed

2
Beds
2
Total Baths
1,387
Sq. Ft.

Sold

$602,000

8 Ward St Salem, MA 01970

Multi-Family
Closed

2
Units
5
Total Beds
0.04
Acres

51 Lafayette Street #304, Salem, MA 01970 (MLS# 73387368) is a Condo property that was sold at $589,000 on October 01, 2025. Want to learn more about 51 Lafayette Street #304? Do you have questions about finding other Condo real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

51 Lafayette St #304 Salem, MA 01970