See Home Value
$500,000
● House - Off Market

61 Memorial Drive

Salem, MA 01970
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,248 Ft²
$717,958
RealtyHop Estimate
48.03%
Since Sep 1, 2018
MA-Boston
Primary Model

About This Property

Direct waterfront property with gorgeous sunsets in the Salem Willows area overlooking Collins Cove and Beverly Harbor. Fully dormered cape style home with hardwood floors and backyard deck right off the living room. Plenty of off street parking with a nice level lot and private cement dock.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$389
Property Type
House
Property Taxes
$494
HOA Dues
-
Year Built
1949

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Last updated: 4 months ago (MLSPIN #72354437)

Price History

Date / Event Date Event Price
Sep 18, 2025 Sold
Sold
Jul 23, 2025 In contract -
In contract
Jul 17, 2025 Listed by Coldwell Banker Realty - Marblehead $998,000
Listed by Coldwell Banker Realty - Marblehead
DIRECT WATERFRONT WITH DOCK IN SALEM WILLOWS! Enjoy stunning sunsets and panoramic views of Collins Cove and Beverly Harbor from this beautifully renovated 2 bed, 2 bath expanded Cape. Updated in 2019–2020, the first floor offers a spacious living room with full water views, a stainless kitchen that opens to the dining room, a beautiful gas fireplace with stone façade and custom built-ins and a stylishly tiled, handicap-accessible bath. Upstairs, the vaulted-ceiling primary features a walk-in closet and a custom-tiled ensuite bath. Additional upgrades include new vinyl shingle siding, a new roof, central HVAC, gas furnace, hot water heater, cellulose insulation, and washer/dryer. With parking for 4+ cars, new hardscaping, fencing, gangway, and float, this turnkey waterfront gem delivers comfort, quality, and an unbeatable coastal lifestyle. Move right in and enjoy!
Aug 9, 2018 Sold
Sold
Jun 28, 2018 Listed by Armstrong Field Real Estate $485,000
Listed by Armstrong Field Real Estate
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 768
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,377
  • Total Building Area: 1,632
  • Gross Building Area: 2,832
  • Building Area: 1,632
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,632
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000146
  • 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:0014
  • Lot: 14
  • Municipality: SALEM
  • Latitude: 42.5311
  • Longitude: -70.8775

    Address

  • Full Address: 61 Memorial Dr
  • Address - House Number: 61
  • 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: $734,500

    Appraisal Valuation

  • Standard Deviation: 0.1588
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 77
  • Final Value: 742,675
  • High Value: 871,582
  • Low Value: 613,767

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $632,100
  • Assessed Land Value: $274,600
  • Assessed Improvements Value: $357,500

    Sales

  • Current Sale Recording Date: Aug 09, 2018
  • Current Sale Price:
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 180809002560
  • Previous Sale Recording Date: Aug 09, 2018
  • 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 61 Memorial Drive built and last sold?
The property at 61 Memorial Drive was built in 1949 and last sold on Jan 1, 1970 for $500,000.
How much is this home worth?
The estimated value of the home located at 61 Memorial Drive is $970,059.
What are some comparable homes to 61 Memorial Drive?
There are currently no comparable homes to 61 Memorial Drive.