5 Sparrow Ln, Peabody MA 01960

Peabody, MA 01960
$540,000
Est. $2,874/month
4
Beds
2
Baths
1,488
Sq Ft
$363
Price/Sq Ft
0.27
Acres
1900
Year Built
Single Family Residence
Type
11
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73247340

About this home

Welcome to 5 Sparrow Lane located in desirable Gardner Park! On the market for the first time in over 60 years – this home is ready for a new owner to make it their own and unlock its full potential. This charming 4-bedroom family home sits on a picturesque ¼ acre lot with mature trees – perfect space for summer BBQs, outdoor fun or relaxing in the screened in porch overlooking the yard. The property features updated kitchen cabinets and counters, two fully remodeled bathrooms, a newer roof, replacement windows, updated electrical as well as a handicapped ramp to main entrance. The first floor offers a primary bedroom, full bath, kitchen, dining room, family room and screened in porch, while the second floor offers three additional bedrooms, another full bath, and a cozy reading nook. Don't miss this rare opportunity to make 5 Sparrow Lane your own! OH Thursday, June 6th 12-1:30, Sat & Sun 11-12:30.

Sale Statistics

Sale Overview
Original List Price: $534,900
Final Sale Price: $540,000
Difference: +$5,100 (+1.0%)
Performance Metrics
101.0%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $359
Sale $/sq ft: $363
This property sold for $363 per square foot
Sale Summary

This property sold for 1.0% above the original asking price, indicating strong buyer demand.

With only 11 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
1900
Bedrooms
4
Full Bathrooms
2
Living Area
1,488 sq ft
Total Rooms
7
Main Level Bedrooms
1

Interior Features

Flooring
Tile, Carpet, Laminate
Heating
Electric Baseboard, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Disposal, Refrigerator, Freezer, Washer, Dryer, Other
Laundry Features
Dryer Hookup - Gas, Washer Hookup, Laundry Closet, Flooring - Stone/Ceramic Tile, Main Level, Electric Dryer Hookup, Lighting - Overhead, First Floor, Gas Dryer Hookup
Basement Details
Sump Pump, Unfinished
Window Features
Insulated Windows
Accessibility Features
Accessible Entrance

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Stone
Exterior Features
Porch - Enclosed, Storage, Fenced Yard
Patio/Porch Features
Porch - Enclosed
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.27 acres
Lot Size
11,583 sq ft
Lot Size Area
0.2700
Lot Features
Level
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Off Street, Tandem, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Gas Dryer, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service

Community & HOA

Community Features
Park, Walk/Jog Trails
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,637
Tax Year
2024
Tax Assessed Value
$508,400
Parcel Number
M:0064 B:0209,2102793
Zoning
R1A

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Estate sale - seller has not lived in the property for years. Seller/agent makes no representations or warranties. Sold As-Is. Buyer/Agent perform own due diligence. Floor plans for marketing purposes only, measurements are approximate. 1st floor bathroom has electric heat, rest of house is gas heat
Exclusions
See Under Mls Paperclip For Inclusion/Exclusion Form.

Location

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Neighborhood

5 Sparrow Ln, 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 $386
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.9%
Price Range
12
Total Days on Market

Property Timeline

Sold
Jul 15, 2024
$540,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Jun 5, 2024
$534,900
Original listing
Agent: Wendy Thomas Office: LAER Realty Partners

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $534,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$363

Tax History

Year Taxes Assessment
2024 $4,637 $508,400

Financial Details

Annual Property Tax
$4,637
Tax Year 2024
Assessed Value
$508,400

Listing Information

Listing Agent Wendy Thomas
Listing Office LAER Realty Partners
Agent MLS ID CN236246
Office MLS ID AN1202

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