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61 Memorial Dr., Salem MA 01970

Salem, MA 01970 • Salem Willows
$1,205,000
Est. $6,414/month
2
Beds
2
Baths
1,632
Sq Ft
$738
Price/Sq Ft
0.15
Acres
1949
Year Built
Single Family Residence
Type
18
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73406221

About this home

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!

Sale Statistics

Sale Overview
Original List Price: $998,000
Final Sale Price: $1,205,000
Difference: +$207,000 (+20.7%)
Performance Metrics
120.7%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $612
Sale $/sq ft: $738
This property sold for $738 per square foot
Sale Summary

This property sold for 20.7% above the original asking price, indicating strong buyer demand.

With only 18 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1949
Bedrooms
2
Full Bathrooms
2
Living Area
1,632 sq ft
Total Rooms
5

Interior Features

Flooring
Tile, Hardwood
Heating
Central, Forced Air, Natural Gas
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Laundry Features
In Basement, Washer Hookup
Basement Details
Full, Interior Entry, Slab, Unfinished
Window Features
Insulated Windows, Screens
Accessibility Features
Accessible Entrance

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block, Slab
Exterior Features
Porch, Deck, Patio, Rain Gutters, Sprinkler System, Screens, Fenced Yard, Garden
Patio/Porch Features
Porch, Deck, Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
View
Scenic View(s)
Has View
Yes
Waterfront Features
Waterfront, Bay, Dock/Mooring, Frontage, Direct Access, Bay, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Waterfront Property
Yes

Lot & Land

Lot Size
0.15 acres
Lot Size
6,360 sq ft
Lot Size Area
0.1500
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Gas Range, Washer Hookup, Icemaker Connection
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 200+ Amp Service

Community & HOA

Community Features
Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Public School, T-Station, University
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,368
Tax Year
2025
Tax Assessed Value
$649,800
Parcel Number
42 0014 0,2138236
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual,Renovated Since
Attached Property
No
Exclusions
Overhead Lamp In Primary Bedroom Is Excluded. Second Freezer In Basement Is Negotiable.

Location

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Neighborhood

Salem Willows

61 Memorial Dr., Salem MA 01970

Salem, MA 01970

Walkability

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Schools

Elementary School
Salem Public
Rating information coming soon
Middle School
Collins
Rating information coming soon
High School
Shs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $614
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

✓
Sold
Sep 18, 2025
Property sold
🏠
Listed for Sale
Jul 17, 2025
$998,000
Original listing

Price & Status History

Date Event Price Change
Jul 17, 2025 New Listing Added $998,000 —

Market Statistics

Days on Market
18 days
Price per Sq Ft
$738

Tax History

Year Taxes Assessment
2025 $7,368 $649,800

Financial Details

Annual Property Tax
$7,368
Tax Year 2025
Assessed Value
$649,800

Listing Information

Listing Agent Emily Gaffney
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CN208949
Office MLS ID AN6221

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