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231 Lynnfield Street, Peabody MA 01960

Peabody, MA 01960
$500,000
Est. $2,661/month
3
Beds
2.5
Baths
2,128
Sq Ft
$235
Price/Sq Ft
0.82
Acres
1987
Year Built
Single Family Residence
Type
61
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73171542

About this home

This home needs updates throughout. Take a look. Convenient location. FIRST LOOK INITIATIVE THROUGH 11/19/2023 SELLER AND SELLER REPRESENTATIVE MAKE NO REPRESENTATIONS, EITHER EXPRESSED OR IMPLIED. SELLER ADDENDUMS APPLY. ALL OFFERS MUST BE GOOD FOR 72 HOURS & MUST THIS PROPERTY QUALIFIES FOR FREDDIE MAC FIRST LOOK INCLUDE ALL MLS ATTACHMENTS. DISCLOSURES, QUESTIONNAIRE AND PRE-APPROVAL OR PROOF OF FUNDS. NO CHANGES ALLOWED TO CONTRACT AND ADDENDUMS. CONTRACT IS DUE BACK TO L/A WITHIN 48 HOURS WITH NO CHANGES OR MODIFICATIONS AND WITH A BANK CHECK OF EMD AMOUNT MADE OUT TO LISTING AGENCY. HOME IS TO BE SOLD IN AS IS CONDITIONbeing sold as is will only qualify for rehab loan or cash

Sale Statistics

Sale Overview
Original List Price: $549,900
Final Sale Price: $500,000
Difference: $49,900 (-9.1%)
Performance Metrics
90.9%
List to Sale Ratio
Sold below asking price
61
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $258
Sale $/sq ft: $235
This property sold for $235 per square foot
Sale Summary

This property sold for 9.1% below the original asking price.

The property spent 61 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1987
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,128 sq ft
Total Rooms
6

Interior Features

Flooring
Tile, Hardwood
Heating
Oil
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Deck
Patio/Porch Features
Deck
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.82 acres
Lot Size
35,558 sq ft
Lot Size Area
0.8200
Lot Features
Wooded, Easements
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,467
Tax Year
2023
Tax Assessed Value
$574,300
Parcel Number
2107975
Zoning
Res

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
being sold as is will only qualify for rehab loan or cash

Location

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Neighborhood

231 Lynnfield Street, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $456
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.5%
Price Range
62
Total Days on Market

Property Timeline

✓
Sold
Jan 17, 2024
$500,000
Property sold
Days on Market: 62
🏠
Listed for Sale
Oct 18, 2023
$534,900
Original listing
Office: Berkshire Hathaway HomeServices Verani Realty Salem

Price & Status History

Date Event Price Change
Oct 18, 2023 New Listing Added $534,900 —

Market Statistics

Days on Market
61 days
Price per Sq Ft
$235

Tax History

Year Taxes Assessment
2023 $5,467 $574,300

Financial Details

Annual Property Tax
$5,467
Tax Year 2023
Assessed Value
$574,300

Listing Information

Listing Agent Judith DiFrancesco
Listing Office Berkshire Hathaway HomeServices Verani Realty Salem
Agent MLS ID G9500062
Office MLS ID AN7827

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231 Lynnfield Street, Peabody MA 01960 - Photo 1

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