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16 Palmer Ave # 2, Peabody MA 01960

Peabody, MA 01960
$345,000
Est. $2,195/month
3
Beds
1
Baths
1,512
Sq Ft
$228
Price/Sq Ft
2006
Year Built
19
Days on Market
Closed Listed Sep 7, 2020 • MLS# 72721491 Copied!

About this home

Why rent when you can own? This 3-bedroom condo has an open floor plan and is located in the desirable Emerson Park neighborhood. The updated kitchen opens directly into the large dining room and living room, making it perfect for entertaining. Work from home in the dedicated, light-filled office. The unit has 3 large bedrooms, including a master bedroom with walk-in closet and a separate sitting area that could be used as an additional office space. Master bedroom is on the 3rd level and offers flexible space to be used for an additional family room, playroom, mancave or whatever your heart desires. Exterior of the home was just freshly painted, and the spacious backyard is fenced-in. This unit has a balcony and a large storage shed in the backyard, with additional storage in the basement and attic. Walk to park, playground and schools. Easy access to 95 & 128. This is a wonderful, move-in ready home. First showing will be Wednesday September 9th, 4:30pm - 6:30pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2006
Bedrooms
3
Full Bathrooms
1
Living Area
1,512 sq ft
Total Rooms
8
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $309,900
Final Sale Price: $345,000
Difference: +$35,100 (+11.3%)
Performance Metrics
111.3%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $205
Sale $/sq ft: $228
This property sold for $228 per square foot
Sale Summary

This property sold for 11.3% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$228/sq ft
Area Average
$404/sq ft
Difference
43.6%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 1,512 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 8

Interior

Heating Oil
Cooling None
Flooring Wood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Y
Laundry None
Features Home Office, Mud Room, Sitting Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Porch, Deck - Wood, Balcony, Storage, Fenced Yard
Pool None
Spa None
Fencing Fenced
Patio/Porch Porch, Deck - Wood

Parking

Features Paved
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $3,004
Assessed Value $279,700

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Home Office, Mud Room, Sitting Room
Windows:
Basement: Y
Laundry:
Security:

Construction & Materials

Year Built: 2006
Effective Year (Renovated): 2006
Structure Type: Detached, 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Oil
Heating Zones: 2
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck - Wood, Balcony, Storage, Fenced Yard
Patio & Porch: Porch, Deck - Wood
Fencing: Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved

Location

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Neighborhood

16 Palmer Ave # 2, 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

10 schools
Covenant Christian Academy
3.5 mi
Grades PK-12
The Recreational Education Center, LLC
3.5 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
4.8 mi | #346 of 346 | Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students Diverse
Rising School
Grades K-12
C-
Center School
0.4 mi | #731 of 824 | Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students Diverse
Diverse Student Body
Grades PK-05
C-
William A Welch Sr School
0.7 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
A-
South Memorial School
1.0 mi | #235 of 824 | Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students Moderate
Rising School
Grades PK-05
C
Thomas Carroll School
1.0 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
B-
Captain Samuel Brown School
1.6 mi | #482 of 824 | Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students Diverse
Rising School
Grades K-05
C
John E. McCarthy School
3.4 mi | #612 of 824 | Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
4.2 mi | #284 of 824 | Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students Moderate
Rising School
Grades PK-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
0.2 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

2 schools
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
C
Peabody Veterans Memorial High School
2.3 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
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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 $250
Homeowners Insurance $200
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

35.4%
Price Range
21
Total Days on Market

Property Timeline

Current Active Listing - MLS #73524324
Full transaction history available when tracking began
🏡
Currently Listed
May 26, 2026
$479,900
MLS #73524324 - Active
Sold
Nov 2, 2020
$345,000
Property sold
Days on Market: 21
🏠
Listed for Sale
Sep 7, 2020
$309,900
Original listing
Agent: Team Thompson Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
May 27, 2026 Sold $479,900
Sep 7, 2020 New Listing Added $309,900

Market Statistics

Days on Market
19 days
Price per Sq Ft
$228

Tax History

Year Taxes Assessment
2020 $3,004 $279,700

Financial Details

Annual Property Tax
$3,004
Tax Year 2020
Assessed Value
$279,700

Listing Information

Listing Agent Team Thompson
Listing Office Keller Williams Realty Evolution
Agent MLS ID TM337534
Office MLS ID C95098
Listing Data Updated Nov 2, 2020 12:33 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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