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$570,000

  • Sold
  • Closed
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,510 Sq. Ft.
  • 2 Car Garage
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Spectacular light, beautiful views, soaring ceilings, and so much more is what you get with this 5th floor unit at the Derby Lofts, in the heart of downtown Salem! Gaze out to water views on the South River Canal, experience ease of commute with proximity to the Commuter Rail and Boston Harbor Ferry. Dine at Bernadette, Adriatic, Howling Wolf, and so many more restaurants and shops that are in such close proximity. The open airy floorplan is both dramatic yet functional. A large living/dining space can accommodate ample furniture, formal dining and more. The fully applianced kitchen with newer stainless steel appliances, granite counters and wood cabinetry is comfortable for those days when not dining out! A large bonus room is ideal for an office or additional storage. The laundry room holds a full sized washer/dryer. Both bedrooms boast large picture windows, generous closets, including a walk in for the primary. 2 elevators, central AC, pet friendly and gated drive thru for drop off

Full Property Details for 51 Lafayette St #506

General

  • Sold For: $570,000
  • HOA FEE: $471/month
  • Taxes: $6,132 (2025)
  • Status: Closed
  • Type: Condo
  • MLS ID: 73409350
  • Added to Site: 222 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Essex

Structural Information

  • Basement: Yes
  • Stories/Levels: 1
  • Square Feet: 1,510
  • Year Built: 2003

Financial Considerations

  • Association Fee: $471
  • Tax Amount: $6,132
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Unit comes with 2 parking spaces, leased annually, for the South Harbor Garage at a cost of $270 each per year, ($200 for Seniors). Spots are first come first serve. Seller has paid for phase 1 of large capital project.
  • Property ID: 4626898

Listed by Keller Williams Realty Boston-Metro | Back Bay, Jennifer Gelfand
Sold by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners

Listing agent

— 51 Lafayette St #506 —

  • Jennifer Gelfand

    Keller Williams Realty Boston-Metro | Back Bay

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 51 Lafayette St #506

School District:Salem School District, Salem, MA
NameGradesDistance
Saltonstall School
211 Lafayette Street, Salem, MA 01970
K-80.4 mi
Carlton Elementary School
10 Skerry Street, Salem, MA 01970
K-50.8 mi
Horace Mann Laboratory
79 Willson Street, Salem, MA 01970
K-51.2 mi
Collins Middle School
29 Highland Avenue, Salem, MA 01970
6-80.7 mi
Salem High School, Salem, MA
77 Willson Street, Salem, MA 01970
9-121.3 mi
Bates Elementary School, Salem, MA
53 Liberty Hill Avenue, Salem, MA 01970
K-51.2 mi
Witchcraft Heights Elementary School
1 Frederick Street, Salem, MA 01970
K-51.4 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 #506

Date
Details
Price
Change
Source
9/18/2025
Sold
$570,000
—
MLS
7/24/2025
Listed
$570,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Keller Williams Realty Boston-Metro | Back Bay, Jennifer Gelfand
Sold by Herrick Lutts Realty Partners, Herrick Lutts Realty Partners

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51 Lafayette St #506, Salem, MA 01970 (MLS# 73409350) is a Condo property that was sold at $570,000 on September 18, 2025. Want to learn more about 51 Lafayette St #506? 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.