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5 Ledgewood Way # 15, Peabody MA 01960

Peabody, MA 01960
$432,500
Est. $3,169/month
2
Beds
2
Baths
1,281
Sq Ft
$338
Price/Sq Ft
1984
Year Built
1
Days on Market
Closed Listed Apr 3, 2024 • MLS# 73219091 Copied!

About this home

OPEN HOUSE HAS BEEN CANCELLED...Desirable MOVE IN READY two-bedroom, two-bathroom retreat, boasting a spacious kitchen, central air conditioning, assigned garage parking, and additional storage. The living and dining areas are adorned with hardwood floors and lead to a balcony overlooking the beautifully landscaped grounds and pool. The convenience of an in-unit laundry room enhances everyday living, adding a practical touch to this comfortable space. The complex features a range of premium amenities, including a swimming pool, a club room, tennis courts, and ample guest parking. Well-maintained and offering scenic views, the community benefits from a high rate of owner occupancy, contributing to a community atmosphere. Ideally located, it provides swift access to major highways and is a stone's throw away from diverse shopping and dining options, offering the perfect mix of tranquility and convenience.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1984
Bedrooms
2
Full Bathrooms
2
Living Area
1,281 sq ft
Total Rooms
5
Stories
3
Entry Level
5
Main Level Bedrooms
2

Sale Statistics

Sale Overview
Original List Price: $459,900
Final Sale Price: $432,500
Difference: $27,400 (-6.0%)
Performance Metrics
94.0%
List to Sale Ratio
Sold below asking price
1
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $359
Sale $/sq ft: $338
This property sold for $338 per square foot
Sale Summary

This property sold for 6.0% below the original asking price.

With only 1 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$338/sq ft
Area Average
$394/sq ft
Difference
14.2%

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 1984
Living Area 1,281 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Laundry Closet, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Features Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Storage, Assigned, Off Street, Common, Guest, Paved
Total Spaces 2

Utilities

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

Financial

Annual Tax $3,550
Assessed Value $389,300

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Unknown
Windows:
Basement: N
Laundry: Laundry Closet, Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
Security: Intercom

Construction & Materials

Year Built: 1984
Structure Type: Garden, Mid-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Storage, Assigned, Off Street, Common, Guest, Paved

Location

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Neighborhood

5 Ledgewood Way # 15, 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
0.9 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
0.4 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 $296
Homeowners Insurance $200
HOA Fee $486/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

6%
Price Range
12
Total Days on Market

Property Timeline

Sold
Apr 24, 2024
$432,500
Property sold
Days on Market: 12
🏠
Listed for Sale
Apr 3, 2024
$459,900
Original listing
Agent: Louise Touchette Team Office: Coldwell Banker Realty - Lynnfield

Price & Status History

Date Event Price Change
Apr 3, 2024 New Listing Added $459,900

Market Statistics

Days on Market
1 days
Price per Sq Ft
$338

Tax History

Year Taxes Assessment
2024 $3,550 $389,300

Financial Details

Annual Property Tax
$3,550
Tax Year 2024
HOA Fee
$486
Monthly
Assessed Value
$389,300

Listing Information

Listing Agent Louise Touchette Team
Listing Office Coldwell Banker Realty - Lynnfield
Agent MLS ID TM350730
Office MLS ID AN6219
Listing Data Updated Apr 25, 2024 6:36 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

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5 Ledgewood Way # 15, Peabody MA 01960 - Photo 1 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 2 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 3 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 4 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 5 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 6 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 7 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 8 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 9 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 10 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 11 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 12 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 13 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 14 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 15 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 16 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 17 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 18 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 19 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 20 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 21 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 22 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 23 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 24 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 25 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 26 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 27 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 28 5 Ledgewood Way # 15, Peabody MA 01960 - Photo 29
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