5 Sherman, Peabody MA 01960

Peabody, MA 01960
$650,000
Est. $3,460/month
4
Beds
3.5
Baths
2,000
Sq Ft
$325
Price/Sq Ft
0.07
Acres
1987
Year Built
Single Family Residence
Type
13
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73149502

About this home

Explore this incredible opportunity to own a spacious colonial home in the heart of Peabody, MA. This property boasts 3 bedrooms and 2.5 baths, including a generously sized master bedroom with a walk-in closet. Gorgeous hardwood floors adorn the entire home. BONUS FINISHED BASEMENT SPACE : in-law or potential rental space. Offers 3 finished rooms along with a full bath ( not included in bedroom bath count) , making it a perfect space for extended family. Enjoy outdoor gatherings on the charming patio, and relish the convenience of being centrally located near town, shopping, and public transportation.This property promises to be an excellent investment with strong cash-flow potential. Don't hesitate to seize this remarkable opportunity!

Sale Statistics

Sale Overview
Original List Price: $599,000
Final Sale Price: $650,000
Difference: +$51,000 (+8.5%)
Performance Metrics
108.5%
List to Sale Ratio
Sold above asking price
13
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $300
Sale $/sq ft: $325
This property sold for $325 per square foot
Sale Summary

This property sold for 8.5% above the original asking price, indicating strong buyer demand.

With only 13 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1987
Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1
Living Area
2,000 sq ft
Total Rooms
11

Interior Features

Flooring
Hardwood
Heating
Central, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Dishwasher, Refrigerator
Laundry Features
First Floor, Gas Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Basement Details
Full
Window Features
Screens

Exterior & Structure

Construction Materials
Modular
Architectural Style
Garrison
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Rain Gutters, Storage, Screens
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.07 acres
Lot Size
3,202 sq ft
Lot Size Area
0.0700
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved

Utilities & Systems

Utilities Available
for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts

Community & HOA

Community Features
Public Transportation, Shopping, Park, Highway Access
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$10
Tax Year
2023
Tax Assessed Value
$1,000
Parcel Number
2106429
Zoning
Z4-2022

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No

Location

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Neighborhood

5 Sherman, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1
Homeowners Insurance $200
PMI $0

Property History

Market Insights

7.8%
Price Range
16
Total Days on Market

Property Timeline

Sold
Oct 10, 2023
$650,000
Property sold
Days on Market: 16
🏠
Listed for Sale
Aug 17, 2023
$599,000
Original listing
Agent: Vanessa Duguerre Office: Coldwell Banker Realty - Easton

Price & Status History

Date Event Price Change
Aug 17, 2023 New Listing Added $599,000

Market Statistics

Days on Market
13 days
Price per Sq Ft
$325

Tax History

Year Taxes Assessment
2023 $10 $1,000

Financial Details

Annual Property Tax
$10
Tax Year 2023
Assessed Value
$1,000

Listing Information

Listing Agent Vanessa Duguerre
Listing Office Coldwell Banker Realty - Easton
Agent MLS ID CN220479
Office MLS ID AN6234

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