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51 Lafayette St # 207, Salem MA 01970

Salem, MA 01970
$579,000
Est. $4,099/month
2
Beds
2
Baths
1,527
Sq Ft
$379
Price/Sq Ft
0.48
Acres
2003
Year Built
Condominium
Type
10 hours 2 minutes
Time on Market
Active Open House Listed Apr 28, 2026 • MLS# 73508113 Copied!

About this home

Luxurious Urban Sanctuary in the Heart of Salem! Experience sophisticated city living in this stunning 2-bedroom, 2-bathroom residence situated in a premier, elevator-equipped building. This unit boasts a spacious, modern open-concept layout accented by high-end finishes and premium materials throughout. Residents enjoy a unique, sun-drenched lifestyle featuring a dramatic skylit atrium and a secure-entry building for ultimate peace of mind. Located at the epicenter of Salem’s vibrant culture, you are minutes away from the Peabody Essex Museum (PEM), the historic waterfront, renowned fine dining, boutique shopping, and local arts venues. Whether you’re looking for a chic primary residence or a coastal retreat, this property offers an unparalleled lifestyle in one of New England’s most historic and walkable cities.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2003
Bedrooms
2
Full Bathrooms
2
Living Area
1,527 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Main Level Bedrooms
2

Open House Schedule

04
May
Monday, May 4
4:30 PM - 6:00 PM EDT
03
May
Sunday, May 3
11:30 AM - 1:00 PM EDT
02
May
Saturday, May 2
11:30 AM - 1:00 PM EDT

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2003
Living Area 1,527 sq ft
Lot Size 0.48 acres
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry First Floor, In Unit, Gas Dryer Hookup
Features Closet, Open Floorplan, Entrance Foyer, Elevator

Exterior

Construction Brick
Architecture None
Roof Rubber

Parking

Features Leased

Utilities

Electric Circuit Breakers, 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Oven, For Gas Dryer

Financial

Annual Tax $5,630
Assessed Value $525,700

Interior Features

Flooring: Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features: Closet, Open Floorplan, Entrance Foyer, Elevator
Windows:
Basement: N
Laundry: First Floor, In Unit, Gas Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 2003
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Parking Features: Leased

Location

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Neighborhood

51 Lafayette St # 207, Salem MA 01970

Salem, MA 01970

Walkability

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Nearby Schools

School District
Salem School District local
B-
⚠ School Safety 2024-25
3.6% Above Average
2.3% Suspensions 0.8% In-School 1.3% Emergency
↓ 1.9% below state avg
E

Elementary Schools

9 schools
The Phoenix School
0.9 mi
Grades PK-08
The Greenhouse School
1.5 mi
Grades PK-08
B-
Saltonstall School
0.5 mi | #460 of 824 | Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students Diverse
Rising School
Grades K-05
B-
Carlton School
0.8 mi | #468 of 824 | Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students Diverse
Grades K-05
C+
Bentley Academy Innovation School
0.9 mi | #568 of 824 | Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.9 mi
106 students Diverse
Diverse Student Body
Grades PK
C-
Horace Mann Laboratory School
1.2 mi | #671 of 824 | Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students Diverse
Rising School Diverse Student Body
Grades PK-05
B+
Bates School
1.2 mi | #325 of 824 | Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students Diverse
Rising School Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
1.4 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

1 school
C+
Collins Middle School
0.7 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
B+
Salem Academy Charter School
0.4 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
B
Salem High School
1.3 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $469
Homeowners Insurance $200
HOA Fee $502/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.7%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Apr 28, 2026
$579,000
Original listing
Agent: Joyce Sullivan Office: Serhant
Previous Transaction - MLS #73187515
Full transaction history available when tracking began
🏷️
Previously Sold
Mar 8, 2024
$569,000
MLS #73187515
View Listing →

Price & Status History

Date Event Price Change
Apr 28, 2026 New Listing Added $579,000 —
Mar 8, 2024 Sold $569,000 —

Market Statistics

Time on Market
10 hours 2 minutes
Price per Sq Ft
$379

Tax History

Year Taxes Assessment
2026 $5,630 $525,700

Financial Details

Annual Property Tax
$5,630
Tax Year 2026
HOA Fee
$502
Monthly
Assessed Value
$525,700

Listing Information

Listing Agent Joyce Sullivan
Listing Office Serhant
Agent MLS ID C8001298
Office MLS ID AN9455
Listing Data Updated Apr 28, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Salem, MA

Real-time market trends and pricing data for this area

51 Lafayette St # 207, Salem MA 01970 - Photo 1 51 Lafayette St # 207, Salem MA 01970 - Photo 2 51 Lafayette St # 207, Salem MA 01970 - Photo 3 51 Lafayette St # 207, Salem MA 01970 - Photo 4 51 Lafayette St # 207, Salem MA 01970 - Photo 5 51 Lafayette St # 207, Salem MA 01970 - Photo 6 51 Lafayette St # 207, Salem MA 01970 - Photo 7 51 Lafayette St # 207, Salem MA 01970 - Photo 8 51 Lafayette St # 207, Salem MA 01970 - Photo 9 51 Lafayette St # 207, Salem MA 01970 - Photo 10 51 Lafayette St # 207, Salem MA 01970 - Photo 11 51 Lafayette St # 207, Salem MA 01970 - Photo 12 51 Lafayette St # 207, Salem MA 01970 - Photo 13 51 Lafayette St # 207, Salem MA 01970 - Photo 14 51 Lafayette St # 207, Salem MA 01970 - Photo 15 51 Lafayette St # 207, Salem MA 01970 - Photo 16 51 Lafayette St # 207, Salem MA 01970 - Photo 17 51 Lafayette St # 207, Salem MA 01970 - Photo 18 51 Lafayette St # 207, Salem MA 01970 - Photo 19 51 Lafayette St # 207, Salem MA 01970 - Photo 20 51 Lafayette St # 207, Salem MA 01970 - Photo 21 51 Lafayette St # 207, Salem MA 01970 - Photo 22 51 Lafayette St # 207, Salem MA 01970 - Photo 23 51 Lafayette St # 207, Salem MA 01970 - Photo 24 51 Lafayette St # 207, Salem MA 01970 - Photo 25 51 Lafayette St # 207, Salem MA 01970 - Photo 26 51 Lafayette St # 207, Salem MA 01970 - Photo 27 51 Lafayette St # 207, Salem MA 01970 - Photo 28 51 Lafayette St # 207, Salem MA 01970 - Photo 29 51 Lafayette St # 207, Salem MA 01970 - Photo 30 51 Lafayette St # 207, Salem MA 01970 - Photo 31 51 Lafayette St # 207, Salem MA 01970 - Photo 32
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Steven Novak

BMN Boston Real Estate

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