59 Memorial Drive, Salem MA 01970

Salem, MA 01970 • Salem Willows
$1,060,000
Est. $5,642/month
3
Beds
2.5
Baths
1,860
Sq Ft
$570
Price/Sq Ft
0.13
Acres
1949
Year Built
Single Family Residence
Type
49
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73374343

About this home

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!

Sale Statistics

Sale Overview
Original List Price: $1,150,000
Final Sale Price: $1,060,000
Difference: $90,000 (-7.8%)
Performance Metrics
92.2%
List to Sale Ratio
Sold below asking price
49
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $618
Sale $/sq ft: $570
This property sold for $570 per square foot
Sale Summary

This property sold for 7.8% below the original asking price.

The property spent 49 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1949
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,860 sq ft
Total Rooms
7

Interior Features

Flooring
Wood, Tile
Heating
Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Laundry Features
Second Floor
Basement Details
Full
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Exterior Features
Patio, Pool - Inground, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Pool Features
In Ground
Private Pool
Yes
View
Scenic View(s)
Has View
Yes
Waterfront Features
Waterfront, Ocean, Harbor, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
Yes

Lot & Land

Lot Size
0.13 acres
Lot Size
5,662 sq ft
Lot Size Area
0.1300
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Subdivision
Salem Willows
Community Features
Tennis Court(s), Park, Walk/Jog Trails, Bike Path, Marina, Public School, T-Station
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,388
Tax Year
2025
Tax Assessed Value
$739,700
Parcel Number
2138235
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Large addition in 2016. Retaining wall completely rebuilt as well as deck in 2020.

Location

Loading map...

Neighborhood

Salem Willows

59 Memorial Drive, Salem MA 01970

Salem, MA 01970

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $699
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.8%
Price Range
45
Total Days on Market

Property Timeline

Sold
Aug 6, 2025
$1,060,000
Property sold
Days on Market: 45
🏠
Listed for Sale
May 14, 2025
$1,150,000
Original listing
Agent: Merry Fox Team Office: MerryFox Realty

Price & Status History

Date Event Price Change
May 14, 2025 New Listing Added $1,150,000

Market Statistics

Days on Market
49 days
Price per Sq Ft
$570

Tax History

Year Taxes Assessment
2025 $8,388 $739,700

Financial Details

Annual Property Tax
$8,388
Tax Year 2025
Assessed Value
$739,700

Listing Information

Listing Agent Merry Fox Team
Listing Office MerryFox Realty
Agent MLS ID TEAM0226
Office MLS ID C95279

Similar Homes

59 Memorial Drive, Salem MA 01970 - Photo 1 59 Memorial Drive, Salem MA 01970 - Photo 2 59 Memorial Drive, Salem MA 01970 - Photo 3 59 Memorial Drive, Salem MA 01970 - Photo 4 59 Memorial Drive, Salem MA 01970 - Photo 5 59 Memorial Drive, Salem MA 01970 - Photo 6 59 Memorial Drive, Salem MA 01970 - Photo 7 59 Memorial Drive, Salem MA 01970 - Photo 8 59 Memorial Drive, Salem MA 01970 - Photo 9 59 Memorial Drive, Salem MA 01970 - Photo 10 59 Memorial Drive, Salem MA 01970 - Photo 11 59 Memorial Drive, Salem MA 01970 - Photo 12 59 Memorial Drive, Salem MA 01970 - Photo 13 59 Memorial Drive, Salem MA 01970 - Photo 14 59 Memorial Drive, Salem MA 01970 - Photo 15 59 Memorial Drive, Salem MA 01970 - Photo 16 59 Memorial Drive, Salem MA 01970 - Photo 17 59 Memorial Drive, Salem MA 01970 - Photo 18 59 Memorial Drive, Salem MA 01970 - Photo 19 59 Memorial Drive, Salem MA 01970 - Photo 20 59 Memorial Drive, Salem MA 01970 - Photo 21 59 Memorial Drive, Salem MA 01970 - Photo 22 59 Memorial Drive, Salem MA 01970 - Photo 23 59 Memorial Drive, Salem MA 01970 - Photo 24 59 Memorial Drive, Salem MA 01970 - Photo 25 59 Memorial Drive, Salem MA 01970 - Photo 26 59 Memorial Drive, Salem MA 01970 - Photo 27 59 Memorial Drive, Salem MA 01970 - Photo 28 59 Memorial Drive, Salem MA 01970 - Photo 29 59 Memorial Drive, Salem MA 01970 - Photo 30

Contact Agent

Schedule a Tour