FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelThird
1 Drake Way # 16, Peabody MA 01960
Peabody, MA 01960
$347,700
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Sale Statistics
Sale Overview
Original List Price:
$339,900
Final Sale Price:
$347,700
Difference:
+$7,800 (+2.3%)
Performance Metrics
102.3%
List to Sale Ratio
Sold above asking price
22
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$210
Sale $/sq ft:
$215
This property sold for $215 per square foot
Sale Summary
This property sold for 2.3% above the original asking price, indicating strong buyer demand.
With only 22 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 5 similar properties sold within 0.5 miles in the last 90 days
This Property
$215/sq ft
Area Median
$412/sq ft
Difference
47.8%
This property sold below the area median, potentially representing good value for the buyer.
About this home
HERE IT IS. First offering in sought-after Drake Crossing since last year. This lovingly maintained unit has had only one owner since new. The location is convenient to shopping and public transportation. This townhouse-style condo features a one-car garage on the ground level with three floors of living space above. Open concept living area on first level with granite/stainless kitchen, half bath, dining space and living room with sliders to deck overlooking the water. Second floor has two bedrooms, full bath and laundry. Master bedroom and bath comprise the entire third level for maximum privacy. There is loads of extra storage space in this generous-sized unit and several updates, as well. A pleasure to show.
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Recently Sold Nearby
Property History
Market Insights
38.8%
Price Range
23
Total Days on Market
2
Previous Sales
Property Timeline
Previous Transaction - MLS #73328615
Full transaction history available when tracking began
Previously Sold
Feb 26, 2025
$555,000
MLS #73328615
Previous Transaction - MLS #73019029
Full transaction history available when tracking began
Previously Sold
Sep 26, 2022
$474,000
MLS #73019029
Sold
Oct 5, 2017
$347,700
Property sold
Days on Market: 23
Listed for Sale
Aug 23, 2017
$339,900
Original listing
Agent: Tom Warner
Office: Keller Williams Realty-Merrimack
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 02/26/2025 | 🏷️ Previously Sold | $555,000 | - | - | MLS #73328615 |
| 09/26/2022 | 🏷️ Previously Sold | $474,000 | - | - | MLS #73019029 |
| 10/05/2017 | ✓ Sold | $347,700 | - | - | Property sold |
| 08/23/2017 | 🏠 Listed for Sale | $339,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2017 | $3,548 | $301,700 |
Financial Details
Annual Property Tax
$3,548
Tax Year 2017
HOA Fee
$343
Monthly
Assessed Value
$301,700
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2006
Living Area
1,620 sq ft
Bedrooms
3
Full Baths
2
Half Baths
1
Total Rooms
5
Interior
Heating
Central, Forced Air
Cooling
Central Air
Flooring
Wood, Carpet
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Y
Laundry
Second Floor, In Unit
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
None
Features
Deck
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Off Street, Guest
Total Spaces
2
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,548
Assessed Value
$301,700
HOA & Community
HOA Fee
$343 Monthly
Fee Includes
Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash
Amenities
None
Optional Fee Includes
None
Pets
Yes
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
Contract
Structure Type
["Townhouse"]
Unit/Building
16
Sq Ft Source
Field Card
Documents
Master Deed, Unit Deed, Management Association Bylaws (3)
County
Essex
Total market time (incl. prior listings)
23 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
2006
Bedrooms
3
Full Bathrooms
2
Half Bathrooms
1
Living Area
1,620 sq ft
Total Rooms
5
Stories
3
Entry Level
1
Floor Layout
Interactive room guide
Floor Layout
FeaturesBathroom - Full, Walk-In Closet(s), Flooring - Wall to Wall Carpet
LevelThird
FeaturesCloset, Flooring - Wall to Wall Carpet
LevelSecond
FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelSecond
FeaturesCloset, Flooring - Wall to Wall Carpet
LevelSecond
FeaturesBathroom - Half, Flooring - Stone/Ceramic Tile
LevelMain,First
FeaturesBathroom - Half, Flooring - Hardwood, Dining Area, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Open Floorplan, Remodeled, Stainless Steel Appliances
LevelMain,First
FeaturesFlooring - Hardwood, Deck - Exterior, Exterior Access, Open Floorplan, Slider
LevelMain,First
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Carpet
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Insulated Windows
Basement:
Y
Laundry:
Second Floor, In Unit
Security:
Construction & Materials
Year Built:
2006
Structure Type:
Townhouse
Exterior Materials:
Frame
Roof:
Foundation:
Stories:
3
Heating, Cooling & Utilities
Heating:
Central, Forced Air
Heating Zones:
2
Cooling:
Central Air
Cooling Zones:
2
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck
Patio & Porch:
Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
2
Parking Features:
Under, Off Street, Guest
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
Elementary Schools
3 schools
C-
Center School
0.6 mi
|
#731 of 824
|
Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students
Diverse
Diverse Student Body
Grades PK-05
C
Thomas Carroll School
0.7 mi
|
#611 of 824
|
Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C-
William A Welch Sr School
0.9 mi
|
#666 of 824
|
Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students
Diverse
Rising School
Grades K-05
Middle Schools
3 schools
C+
J. Henry Higgins Middle School
0.5 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
C+
Collins Middle School
1.8 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B-
Holten Richmond Middle School
2.6 mi
|
#183 of 352
|
Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students
Moderate
Grades 06-08
High Schools
3 schools
Bishop Fenwick High School
1.0 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
2.0 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
Northeast ARC
2.3 mi
Grades 06-12
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Location
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Neighborhood
1 Drake Way # 16, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Office
Keller Williams Realty-Merrimack
Office Phone
978-692-3280
Agent MLS ID
CN215141
Office MLS ID
G95166
Listing Data Updated
Oct 5, 2017 1:50 PM 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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