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45 Memorial Drive Salem, MA 01970

$387,515
LOW
$455,900 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$524,285
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$455,900Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
Heating
Electric
Payment Estimate
--
Baths Full
2
Basement
Yes
Rent Estimate
$1,840Estimated monthly rental price, based on a proprietary formula.
Baths Half
1
Roof
Asphalt
Tax Estimate
$6,202Estimated property taxes paid on an annual basis.
Sq Ft
2,819
Fireplaces
1
 HomeScore
65A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.11
Parking
Attached
 InvestorScore
43A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Last Sale Date
04/29/2011
Style
Cape Cod
Last Sale Price
$1
Year Built
1949

45 Memorial Drive is located in the Salem Neck area of Salem, MA. At this time, the property has an estimated value of $455,900 and yearly taxes of $6,202. This home has 4 bedrooms, 2½ bathrooms, and approximately 2,819 sqft of living space. The property was built in 1949. Similar homes nearby have 4 bedrooms, 2 baths and sell for around $450,000.

Property History

DateEventSourcePrice
4/29/2011SoldTax Records$1

Salem Market Trends

Check out Salem homes for sale, read the Salem real estate news or review the Salem real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
90
Very Healthy

127

$299,000

119

1.8

Median Sales Price
$321,000
+3.8%
Sales (30 Days)
71
-1.4%

Recent Sales Like 45 Memorial Drive

25
$466k
62
$450k
3%

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Salem Public Schools

A child living at 45 Memorial Drive, Salem, MA would typically attend one of the following public schools: Bates, Bentley, Carlton, Horace Mann Laboratory, Nathaniel Bowditch, Saltonstall School, Witchcraft Heights, Collins Middle School, or Salem High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Salem Neck REAL ESTATE NEWS

Salem is a city in Massachusetts. It's less affluent than average and the cost of living is average compared to the rest of the state, with a median income of $55,879 per household and cost of living... Read More »

Despite a 1.4% reduction in sales over the last 30 days, the Salem market extended a three-week hot streak with a total of 72 homes sold in that span. The median sales price dropped to $307,250 over t... Read More »

The number of homes coming into the Salem market fell to 62 listings over the last 30 days, while sales remained right where they were as once again 70 homes were sold over the same period. Prices are... Read More »

45 Memorial Drive Mortgage Information

$456k
$91.2k
3.62%
$1,663

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

45 Memorial Drive Map

Ask a local expert about this home:
Jack Conway, Realtor
2 reviews
Maclare Real Estate
Snapped 8 homes in this area
RE/MAX Advantage Real Estate
Snapped 1 home in this area
Agents that specialize in this area
2 snaps in this area
82 snaps in this area
1 snap in this area
45 Memorial Dr, Salem, MA 01970
45 Memorial Dr is located in the Salem Neck area of Salem, MA. At this time, the property has an estimated value of $455,900 and yearly taxes of $6,202. This home has 4 bedrooms, 2½ bathrooms, and approximately 2,819 sqft of living space. The property was built in 1949. Similar homes nearby have 4 bedrooms, 2 baths and sell for around $450,000. Lisa Scourtas, Yelena Zavodskov, and Gary Blattberg are Homesnap Local Experts in and around Salem Neck.
©2015 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2015 SmartZip Analytics, Inc. and ©2015 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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