51 Lafayette St
Salem, MA 01970
2 bd 2 ba 1,766 sqft Built 2003 Lot 20,909 sqft condos
Most recent sale
$540,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2025 | Listing removed | $379,900 | MLSPIN |
| Sep 16, 2022 | Sold | $540,000 | MLS #72953798 |
| Jul 17, 2022 | Listed | $557,000 | MLS #72953798 |
| Nov 20, 2020 | Sold | $460,000 | MLS #72735746 |
| May 1, 2018 | Sold | $425,000 | MLS #72294113 |
| Mar 15, 2018 | Listed | $420,000 | MLS #72294113 |
| Jul 1, 2006 | Listing removed | $379,900 | MLSPIN |
| Mar 17, 2004 | Listed | $379,900 | MLS #70007587 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $515,400 | — | $515,400 | $5,845 |
| 2024 | $486,900 | — | $486,900 | $5,658 |
| 2023 | $471,200 | — | $471,200 | $5,895 |
| 2022 | $431,800 | — | $431,800 | $5,721 |
| 2021 | $404,800 | — | $404,800 | $5,586 |
| 2020 | $404,200 | — | $404,200 | $5,841 |
| 2019 | $378,900 | — | $378,900 | $5,721 |
| 2018 | $348,300 | — | $348,300 | $5,357 |
| 2017 | $331,600 | — | $331,600 | $5,259 |
| 2016 | $320,400 | — | $320,400 | $5,021 |
| 2015 | $284,900 | — | $284,900 | $4,675 |
| 2014 | $246,500 | — | $246,500 | $4,124 |
Property facts
Year built
2003
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,766 sqft
Lot size
20,909 sqft
ZIP code
01970
City
Salem
Street
Lafayette St
Coordinates
42.51987, -70.89304
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,121
Gross rental yield
11.38%
Implied cap rate
7.40%
Trend-extrapolated value
—
Frequently asked questions
When did 51 Lafayette St last sell?
51 Lafayette St most recently sold on Sep 16, 2022 for $540,000.
What is the current tax assessment for 51 Lafayette St?
The most recent total assessment for 51 Lafayette St (year 2025) is $515,400 with $5,845 in property tax.
How does 51 Lafayette St's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $540,000.
When was 51 Lafayette St built?
51 Lafayette St was built in 2003.
How does 51 Lafayette St compare to others on Lafayette St?
We track 8 other properties on Lafayette St. Browse the list under "Other properties on Lafayette St" to compare beds, baths, and sale history.
What are the property facts for 51 Lafayette St?
51 Lafayette St is a 2 bed, 2 bath, 1,766 sqft, 20,909 sqft lot condos.
Is 51 Lafayette St a flip candidate?
No — 51 Lafayette St does not appear in our flips dataset.
Is 51 Lafayette St a tax-appeal candidate?
No — 51 Lafayette St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
-0.1%
2026 Q3
$565.8K
2026 Q4
$565.7K
ZIP 01970 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lafayette St