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12 Ledgewood Way # 8, Peabody MA 01960

Peabody, MA 01960
$425,000
Est. $3,048/month
2
Beds
2
Baths
1,490
Sq Ft
$285
Price/Sq Ft
1987
Year Built
15
Days on Market
Closed Listed Jan 28, 2021 • MLS# 72779818 Copied!

About this home

Desirable Ledgewood! Sought after building 12! Garage parking! Private storage closet! In unit laundry! Private balcony! Lots of hot buttons for this 2 bedroom/2 bath one level living end unit on the first floor, yet above ground level. 1490 Square feet of living space spreads through this roomy condominium. Eat in kitchen offers good cabinet space (not original) and counter space with a window by dining area. Individual laundry room houses laundry & hot water tank offering good storage space as well. Front door foyer has welcome closet. Good size master bedroom has walk in closet, plus 3/4 bath with double sink vanity. Elevator brings you to much wanted 1 car, garage parking with storage closet. Complex has in-ground pool, renovated club room, tennis & an abundance of guest parking. In going and out going mail right in the building. Professional management. The inviting, landscaped grounds bloom in all seasons. High owner occupancy. Close to major highways, shopping & restaurants.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Living Area
1,490 sq ft
Total Rooms
5
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $399,000
Final Sale Price: $425,000
Difference: +$26,000 (+6.5%)
Performance Metrics
106.5%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $268
Sale $/sq ft: $285
This property sold for $285 per square foot
Sale Summary

This property sold for 6.5% above the original asking price, indicating strong buyer demand.

With only 15 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
$285/sq ft
Area Average
$398/sq ft
Difference
28.4%

This property sold below the area average, potentially representing good value for the buyer.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,490 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Heat Pump, Electric, Individual, Unit Control
Cooling Central Air, Individual, Unit Control
Flooring Tile, Carpet
Appliances Range, Dishwasher, Microwave
Fireplace None
Basement N
Laundry Flooring - Stone/ceramic Tile, Electric Dryer Hookup, Walk-in Storage, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony, Sprinkler System, Tennis Court(s)
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Storage, Assigned, Off Street, Common, Guest, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,749
Assessed Value $349,000

Interior Features

Flooring: Tile, Carpet
Appliances: Range, Dishwasher, Microwave
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Electric Dryer Hookup, Walk-in Storage, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 1987
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Heat Pump, Electric, Individual, Unit Control
Heating Zones: 1
Cooling: Central Air, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Sprinkler System, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Garage Door Opener, Storage, Assigned, Off Street, Common, Guest, Paved

Location

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Neighborhood

12 Ledgewood Way # 8, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School District
Peabody School District local
C
School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
3.4% below state avg
E

Elementary Schools

3 schools
Great Rock Christian Academy
1.0 mi
Grades PK-12
B-
Highlands School
1.3 mi | #486 of 824 | Score: 45.2
Improved 156 spots from last year
-13 below state avg
385 students Moderate
Rising School
Grades K-05
Covenant Christian Academy
1.4 mi
Grades PK-12
H

High Schools

2 schools
C
Peabody Veterans Memorial High School
0.3 mi | #251 of 346 | Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
Northeast ARC
1.7 mi
Grades 06-12
Learn about these ratings

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 $312
Homeowners Insurance $200
HOA Fee $387/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

18.6%
Price Range
17
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73485378
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 6, 2026
$490,000
MLS #73485378
Sold
Feb 26, 2021
$425,000
Property sold
Days on Market: 17
🏠
Listed for Sale
Jan 28, 2021
$399,000
Original listing
Agent: Luciano Leone Team Office: RE/MAX 360

Price & Status History

Date Event Price Change
Apr 6, 2026 Sold $490,000
Jan 28, 2021 New Listing Added $399,000

Market Statistics

Days on Market
15 days
Price per Sq Ft
$285

Tax History

Year Taxes Assessment
2020 $3,749 $349,000

Financial Details

Annual Property Tax
$3,749
Tax Year 2020
HOA Fee
$387
Monthly
Assessed Value
$349,000

Listing Information

Listing Agent Luciano Leone Team
Listing Office RE/MAX 360
Agent MLS ID TM300442
Office MLS ID AN6151
Listing Data Updated Mar 1, 2021 1:41 PM EST
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

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