PENDING

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$1,475,000

Listing Price

3beds

3baths

2,072sqft

5,632sqft lot

55 Memorial Dr, Salem, MA 01970

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  • Full foreclosure details

  • Home value, equity and ownership info

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For Sale

Pending

Off Market

Single Family

Home type

711.87

Price / sqft

1949

Year built

Home Details

Experience the best of waterfront living in one of Salem's most desirable neighborhoods-Collins Cove. Beautifully updated home offers a rare opportunity to enjoy direct water access with a private dock that accommodates a boat, making it easy to explore Beverly/Salem Harbor and the North Shore coastline. The home features two master suites, including a master suite with a private balcony overlooking the ocean. Expansive outdoor decks provide multiple living spaces for dining, relaxing, and enjoying water views. Professionally landscaped grounds create a private outdoor oasis complete with a fire pit, offering the perfect setting for gatherings with family and friends. Just moments from downtown Salem's renowned restaurants, boutiques, museums, commuter rail, and waterfront park, this exceptional Collins Cove residence combines the tranquility of coastal living with the convenience of city amenities. A rare offering where everyday feels like a vacation.

Interior Details

Square Feet
  • 2072

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Hot Water

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 5632

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • Conventional

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$8,833

$224,000

$387,300

--%

$611,300

2019

$9,065

$213,000

$387,300

--%

$600,300

2018

$8,722

$203,000

$364,100

--%

$567,100

2017

$8,820

$192,000

$364,100

--%

$556,100

2016

$6,553

$169,100

$249,100

--%

$418,200

2014

$6,065

$146,300

$216,200

--%

$362,500

2013

$6,013

$150,900

$216,200

--%

$367,100

percent-home-icon

Average Home Price in 01970

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$894,313

3 Beds

2 Baths

1,831 Sqft

7,688 Lot (sqft)

Sold 10/26/2026

$1,475,000

3 Beds

3 Baths

2,072 Sqft

5,632 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,475,000
$
Down payment
295,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
8,850
$
HOA (Monthly)
0
$
PMI
0
$
$9,548
Your Payment
Total Monthly Payment:$9,548
Percent of Income:164%
Affordable:No

Details for 55 MEMORIAL DR

Property Debt

Foreclosure Contact Details

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