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1 Ledgewood Way # 5, Peabody MA 01960

Peabody, MA 01960
$385,000
Est. $2,760/month
2
Beds
2
Baths
1,004
Sq Ft
$383
Price/Sq Ft
1980
Year Built
10
Days on Market
Closed Listed May 10, 2022 • MLS# 72979155 Copied!

About this home

Coveted Ledgewood Condominiums! Fantastic location for an affordable price! This immaculate and well-maintained condo has in-unit laundry, two bedrooms, two full baths (one is off the primary bedroom), a living room, dining area, kitchen, and a balcony all on one level. There’s a brand new water heater and plenty of closet space in the unit plus a storage closet on the first floor. Deeded parking spot out front. The secure building has an elevator, mail in the lobby, and a trash chute. The complex has an in-ground swimming pool, tennis courts, a clubhouse, and is right next to the bike path and Rte 1. So convenient to restaurants, shopping, highways, and greenspace. Work up an appetite on the bike path and have dinner at Toscana's Ristorante--both are right next door! Showings begin at open houses Friday 5/13 from 6-7:30pm and Sunday 5/15 from 1-2:30pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,004 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $349,900
Final Sale Price: $385,000
Difference: +$35,100 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $349
Sale $/sq ft: $383
This property sold for $383 per square foot
Sale Summary

This property sold for 10.0% above the original asking price, indicating strong buyer demand.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$383/sq ft
Area Average
$398/sq ft
Difference
3.8%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1980
Living Area 1,004 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 4

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement Y
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,030
Assessed Value $300,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 1980
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features:

Location

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Neighborhood

1 Ledgewood Way # 5, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $253
Homeowners Insurance $200
HOA Fee $361/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

35.5%
Price Range
11
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73405657
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 22, 2025
$465,000
MLS #73405657
Sold
Jun 30, 2022
$385,000
Property sold
Days on Market: 11
🏠
Listed for Sale
May 10, 2022
$349,900
Original listing
Agent: The Murray Brown Group Office: Sagan Harborside Sotheby's International Realty
Previous Transaction - MLS #72343770
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 30, 2018
$300,000
MLS #72343770

Price & Status History

Date Event Price Change
Aug 22, 2025 Sold $465,000
May 10, 2022 New Listing Added $349,900
Jul 30, 2018 Sold $300,000

Market Statistics

Days on Market
10 days
Price per Sq Ft
$383

Tax History

Year Taxes Assessment
2022 $3,030 $300,000

Financial Details

Annual Property Tax
$3,030
Tax Year 2022
HOA Fee
$361
Monthly
Assessed Value
$300,000

Listing Information

Listing Agent The Murray Brown Group
Listing Office Sagan Harborside Sotheby's International Realty
Agent MLS ID TM329476
Office MLS ID AN4472
Listing Data Updated Jun 30, 2022 8:57 AM 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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Market Analytics for Peabody, MA

Real-time market trends and pricing data for this area

1 Ledgewood Way # 5, Peabody MA 01960 - Photo 1 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 2 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 3 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 4 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 5 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 6 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 7 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 8 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 9 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 10 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 11 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 12 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 13 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 14 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 15 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 16 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 17 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 18 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 19 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 20 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 21 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 22 1 Ledgewood Way # 5, Peabody MA 01960 - Photo 23
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