See Home Value
$377,000
● House - Off Market

59 Memorial Dr

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,192 Ft²
$732,543
RealtyHop Estimate
90.27%
Since Aug 1, 2013
MA-Boston
Primary Model

About This Property

Always dreamed about living on the water, docking your boat to your own dock? Dream no more! 59 Memorial Drive  in Salem is your dream come true!. Cute little three bedroom Cape with hardwood floors and wonderful views. First floor bedroom, fireplace in family room and walk out to gorgeous in ground pool with new liner. You've worked hard, you deserve to play! All this and steps from Salem Willows and a short walk to downtown and train.
Unit Size
1,192 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$323
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1949

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Last updated: 4 months ago (MLSPIN #71514368)

Price History

Date / Event Date Event Price
Aug 6, 2025 Sold
Sold
Jun 20, 2025 In contract -
In contract
Jun 10, 2025 Relisted $385,000
Relisted
May 20, 2025 In contract -
In contract
May 14, 2025 Listed $1,150,000
Listed
Ready for an everyday vacation? Waterfront property with a dock, swimming pool, and huge deck overlooking the ocean. 59 Memorial offers vacation living without ever having to leave your home. Located in the Salem Willows neighborhood, this house was expanded in 2016, giving you everything you could ask for. Open concept living on first floor and a large primary suite overlooking the ocean. If you haven't cooled down enough in the ocean or the pool, you can turn on the central air and enjoy the views from inside. In the cooler months, reminisce about the summer as you sit by the fireplace and look out at the water or entertain friends in the oversized living room open to a spacious dining room. Plenty of room to host guests with two additional bedrooms and full guest bathroom. No need to do any work in this house.....it's all been done for you. Move in and enjoy summer like never before!
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Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 812
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 5,593
  • Total Building Area: 1,736
  • Gross Building Area: 3,773
  • Building Area: 1,736
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,736
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204400

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:42 L:0013
  • Lot: 13
  • Municipality: SALEM
  • Latitude: 42.531
  • Longitude: -70.8777

    Address

  • Full Address: 59 Memorial Dr
  • Address - House Number: 59
  • Address - Street Name: Memorial
  • Address - Suffix Type: Dr
  • State: MA
  • City Name: Salem
  • Carrier Code: C012
  • 4-Digit Zip Code: 5651
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $835,900

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 791,827
  • High Value: 929,266
  • Low Value: 654,388

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $719,400
  • Assessed Land Value: $269,400
  • Assessed Improvements Value: $450,000

    Sales

  • Current Sale Recording Date: Jul 12, 2013
  • Current Sale Price:
  • Current Sale Document Type: O
  • Previous Sale Recording Date: May 19, 2008
  • Previous Sale Amount: $377,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Salem Neck


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera


Frequently Asked Questions

When was property at 59 Memorial Drive built and last sold?
The property at 59 Memorial Drive was built in 1949 and last sold on Jan 1, 1970 for $377,000.
How much is this home worth?
The estimated value of the home located at 59 Memorial Drive is $1,105,792.
What are some comparable homes to 59 Memorial Drive?
There are currently no comparable homes to 59 Memorial Drive.