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40 Russell St, Peabody MA 01960

Peabody, MA 01960 • West Peabody
$610,000
Est. $3,247/month
3
Beds
1.5
Baths
1,540
Sq Ft
$396
Price/Sq Ft
0.35
Acres
1963
Year Built
Single Family Residence
Type
42
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73187020

About this home

Seize the chance to own this well kept brick-front colonial in sought-after West Peabody! Sold as-is, this 8-room home boasts a flexible floor plan. The main floor features an eat-in kitchen, angle bay window dining room, spacious living room with a fireplace, half bath, and unheated porch. Upstairs, discover 3 bedrooms, a full tiled bathroom, and a bonus office/bedroom with attic access. The generously sized attic is all set for a transformation into a versatile living space. Hardwood floors throughout including beneath the carpets. Upgrades (windows, furnace, hot water heater, oil tank, bulkhead) were completed 10 yrs ago. Positioned on a corner lot with ample parking, the backyard offers southern exposure and borders a park. Enjoy nearby amenities like a walking/bike trail, gym, shopping, and restaurants, with easy highway access. Don't overlook Peabody's municipal light plant for excellent utility rates! Don't miss out on this West Peabody gem!

Sale Statistics

Sale Overview
Original List Price: $649,900
Final Sale Price: $610,000
Difference: $39,900 (-6.1%)
Performance Metrics
93.9%
List to Sale Ratio
Sold below asking price
42
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $422
Sale $/sq ft: $396
This property sold for $396 per square foot
Sale Summary

This property sold for 6.1% below the original asking price.

The property spent 42 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1963
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,540 sq ft
Total Rooms
7

Interior Features

Flooring
Tile, Hardwood, Flooring - Vinyl, Flooring - Wall to Wall Carpet
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s), 3 or More
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features
Attic Access, Sun Room, Home Office, Walk-up Attic
Laundry Features
Electric Dryer Hookup, In Basement, Washer Hookup
Basement Details
Full, Interior Entry, Bulkhead, Sump Pump, Concrete, Unfinished
Window Features
Insulated Windows, Screens
Door Features
Storm Door(s)
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Rain Gutters, Storage, Screens, Fenced Yard, Garden
Patio/Porch Features
Porch - Enclosed
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.35 acres
Lot Size
15,028 sq ft
Lot Size Area
0.3500
Lot Features
Corner Lot, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Utilities Available
for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,165
Tax Year
2023
Tax Assessed Value
$542,500
Parcel Number
M:0016 B:0112,2097474
Zoning
R1

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Basement has sump pump and new pump to remain as gift. Window a/c's to remain as gifts. Lazy Susan in kitchen needs repair.

Location

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Neighborhood

West Peabody

40 Russell St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

Middle School
Higgins Middle
Rating information coming soon
High School
Peabody High
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $430
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.7%
Price Range
44
Total Days on Market

Property Timeline

✓
Sold
Feb 21, 2024
$610,000
Property sold
Days on Market: 44
🏠
Listed for Sale
Dec 13, 2023
$639,900
Original listing
Office: Real Broker MA, LLC

Price & Status History

Date Event Price Change
Dec 13, 2023 New Listing Added $639,900 —

Market Statistics

Days on Market
42 days
Price per Sq Ft
$396

Tax History

Year Taxes Assessment
2023 $5,165 $542,500

Financial Details

Annual Property Tax
$5,165
Tax Year 2023
Assessed Value
$542,500

Listing Information

Listing Agent Lorraine Cappuccio
Listing Office Real Broker MA, LLC
Agent MLS ID CN221243
Office MLS ID AN4866

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