FeaturesSkylight, Cathedral Ceiling(s), Beamed Ceilings, Flooring - Hardwood, Cable Hookup
LevelSecond
55 Memorial Drive, Salem MA 01970
Salem, MA 01970
$581,100
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Sale Statistics
Sale Overview
Original List Price:
$535,000
Final Sale Price:
$581,100
Difference:
+$46,100 (+8.6%)
Performance Metrics
108.6%
List to Sale Ratio
Sold above asking price
54
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft:
$226
Sale $/sq ft:
$245
This property sold for $245 per square foot
Sale Summary
This property sold for 8.6% above the original asking price, indicating strong buyer demand.
The property spent 54 days on market before selling.
Nearby Sales Comparison
Based on 2 similar properties sold within 0.5 miles in the last 90 days
This Property
$245/sq ft
Area Median
$470/sq ft
Difference
47.9%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Waterfront contemporary 3-4 bedroom, 3 bath home with attached 2 car garage. Fabulous yard and deck overlooking the bay with wharf and dock. Lots of glass on water side. Livingroom with fireplace, diningroom and kitchen and 2 bedrooms look to the water. Amazing flowering vines, shrubs and plantings with arbor for shade on the deck. Solar panels with power purchase agreement. Buderus gas boiler, full insulation, Superstore hot water, upgraded electric service, 2nd floor was added in 1992. Radiant floors in livingroom and kitchen, whole house fan. Norwegian Jotul wood stove. Offers will be presented to Seller Tuesday, July 14 @ 6:30 PM
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Property History
Market Insights
63.7%
Price Range
55
Total Days on Market
Property Timeline
Current Active Listing - MLS #73567403
Full transaction history available when tracking began
Currently Listed
Aug 24, 2026
$1,475,000
MLS #73567403 - Active
Sold
Sep 9, 2015
$581,100
Property sold
Days on Market: 55
Listed for Sale
Jul 8, 2015
$535,000
Original listing
Agent: Virginia Carson
Office: Tache Real Estate, Inc.
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/24/2026 | 🏡 Currently Listed | $1,475,000 | - | - | MLS #73567403 - Active |
| 09/09/2015 | ✓ Sold | $581,100 | - | - | Property sold |
| 07/08/2015 | 🏠 Listed for Sale | $535,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2015 | $6,410 | $390,600 |
Financial Details
Annual Property Tax
$6,410
Tax Year 2015
Assessed Value
$390,600
Facts & Features
2 Car Garage
Home Facts
Type
Residential
Style
Single Family Residence
Year Built
1954
Living Area
2,372 sq ft
Lot Size
0.13 acres
Bedrooms
3
Full Baths
3
Total Rooms
7
Interior
Heating
Central, Baseboard, Radiant, Natural Gas, Hydronic Floor Heat(radiant)
Cooling
Window Unit(s), Wall Unit(s), 3 Or More, Whole House Fan
Flooring
Wood, Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances
Gas Water Heater, Range, Oven, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Energy Star Qualified Refrigerator, Plumbed For Ice Maker
Fireplace
Living Room
Fireplaces
1
Basement
Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete
Laundry
Electric Dryer Hookup, In Basement, Washer Hookup
Features
Cable Hookup, Home Office, Finish - Sheetrock
Exterior
Construction
Frame
Architecture
Contemporary
Roof
Shingle
Features
Porch, Deck, Deck - Wood, Balcony, Rain Gutters, Storage, Screens, Fenced Yard, Garden
Pool
None
Spa
None
Fencing
Fenced
Patio/Porch
Porch, Deck, Deck - Wood
Parking
Garage Spaces
2
Has Garage
Yes
Features
Attached, Garage Door Opener, Storage, Workshop In Garage, Garage Faces Side, Paved Drive, Off Street, Deeded, Paved
Total Spaces
6
Utilities
Electric
220 Volts, Circuit Breakers, 200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup, Icemaker Connection
Financial
Annual Tax
$6,410
Assessed Value
$390,600
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Delayed Occupancy
Structure Type
[]
House Color
beige
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
55 days
Property Overview
Property Type
Single Family Residence
Listing Type
Sold
Year Built
1954
Bedrooms
3
Full Bathrooms
3
Living Area
2,372 sq ft
Total Rooms
7
Floor Layout
Interactive room guide
Floor Layout
FeaturesBathroom - 3/4, Bathroom - With Shower Stall, Skylight, Cathedral Ceiling(s), Flooring - Stone/Ceramic Tile, Low Flow Toilet, Enclosed Shower - Fiberglass
LevelSecond
FeaturesSkylight, Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Closet, Flooring - Wall to Wall Carpet, Balcony / Deck, Cable Hookup
LevelSecond
FeaturesBathroom - Full, Bathroom - Tiled With Tub, Bathroom - Tiled With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Low Flow Toilet
LevelFirst
FeaturesWood / Coal / Pellet Stove, Skylight, Cathedral Ceiling(s), Beamed Ceilings, Flooring - Laminate, French Doors
LevelFirst
FeaturesFlooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box
LevelFirst
FeaturesCloset, Flooring - Hardwood
LevelFirst
FeaturesFlooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup
LevelFirst
FeaturesFlooring - Hardwood, Cable Hookup
LevelFirst
FeaturesYes
Display Options
Outdoor Areas
Patio & porchPorch, Deck, Deck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Carpet, Hardwood, Flooring - Hardwood
Appliances:
Gas Water Heater, Range, Oven, Dishwasher, Disposal, Refrigerator, Washer, Dryer, ENERGY STAR Qualified Refrigerator, Plumbed For Ice Maker
Interior Features:
Cable Hookup, Home Office, Finish - Sheetrock
Windows:
Insulated Windows, Screens
Basement:
Full, Partially Finished, Interior Entry, Bulkhead, Sump Pump, Concrete
Laundry:
Electric Dryer Hookup, In Basement, Washer Hookup
Security:
Construction & Materials
Style:
Contemporary
Year Built:
1954
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Heating, Cooling & Utilities
Heating:
Central, Baseboard, Radiant, Natural Gas, Hydronic Floor Heat(Radiant)
Heating Zones:
4
Cooling:
Window Unit(s), Wall Unit(s), 3 or More, Whole House Fan
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Attic Vent Elec.
Exterior & Lot
Exterior Features:
Porch, Deck, Deck - Wood, Balcony, Rain Gutters, Storage, Screens, Fenced Yard, Garden
Patio & Porch:
Porch, Deck, Deck - Wood
Fencing:
Fenced
Other Structures:
Lot Features:
Level
Road Surface:
Paved
Parking & Garage
Garage Spaces:
2
Garage Type:
Attached
Total Parking Spaces:
6
Parking Features:
Attached, Garage Door Opener, Storage, Workshop in Garage, Garage Faces Side, Paved Drive, Off Street, Deeded, Paved
Special Features
Fireplaces:
1
Fireplace Type:
Living Room
Waterfront:
Yes
Waterfront Type:
Waterfront, Navigable Water, Harbor, Dock/Mooring, Frontage, Access, Direct Access, Private, Harbor, Ocean, Walk to, Beach Ownership(Public)
Community Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, House of Worship, Marina, Public School, T-Station, University, Sidewalks
Nearby Schools
School District
Salem School District local
B-
School Safety
2024-25
3.6%
Above Average
2.3%
Suspensions
0.8%
In-School
1.3%
Emergency
1.9% below state avg
Elementary Schools
9 schools
The Phoenix School
1.8 mi
Grades PK-08
The Greenhouse School
2.4 mi
Grades PK-08
C+
Bentley Academy Innovation School
0.2 mi
|
#568 of 824
|
Score: 42.3
Improved 143 spots from last year
-16 below state avg
286 students
Moderate
Rising School
Grades PK-05
Salem Early Childhood School
0.2 mi
106 students
Diverse
Diverse Student Body
Grades PK
B-
Carlton School
0.6 mi
|
#468 of 824
|
Score: 45.6
Dropped 47 spots from last year
-12.6 below state avg
247 students
Diverse
Grades K-05
B-
Saltonstall School
1.4 mi
|
#460 of 824
|
Score: 45.8
Improved 108 spots from last year
-12.4 below state avg
412 students
Diverse
Rising School
Grades K-05
B+
Bates School
1.4 mi
|
#325 of 824
|
Score: 50.0
Improved 254 spots from last year
-8.2 below state avg
410 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C-
Horace Mann Laboratory School
2.3 mi
|
#671 of 824
|
Score: 37.4
Improved 50 spots from last year
-20.8 below state avg
293 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B
Witchcraft Heights School
2.4 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
1 school
C+
Collins Middle School
1.8 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
2 schools
B+
Salem Academy Charter School
1.1 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
B
Salem High School
2.4 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
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Location
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Neighborhood
55 Memorial Drive, Salem MA 01970
Salem, MA 01970
Listing Information
Listing Agent
Virginia Carson
Listing Office
Tache Real Estate, Inc.
Office Phone
978-745-2004
Agent MLS ID
C2712712
Office MLS ID
C86500
Listing Data Updated
Sep 9, 2015 3:30 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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