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8 Walnut Street # 118, Peabody MA 01960

Peabody, MA 01960
$283,500
1
Beds
1
Baths
886
Sq Ft
$320
Price/Sq Ft
2005
Year Built
1
Parking
21
Days on Market
Closed Listed Feb 19, 2020 • MLS# 72621043 Copied! • Updated Apr 30, 2020

Sale Statistics

Sale Overview
Original List Price: $284,500
Final Sale Price: $283,500
Difference: $1,000 (-0.4%)
Performance Metrics
99.6%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $321
Sale $/sq ft: $320
This property sold for $320 per square foot
Sale Summary

This property sold for 0.4% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$320/sq ft
Area Average
$173/sq ft
Difference
+85.2%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

About this home

Spacious and stylish condo in Walnut Place! This can't be beat condo design offers additional square footage, open floor plan, hardwood flooring, high ceilings, new stainless steel kitchen appliances, granite counter-tops and new in-unit laundry. The generous size bedroom with walk-in-closet is sure to please with more than enough room to fit a king size bed. Private balcony with storage closet, central AC, off-street parking and pet friendly building add to value. Walnut Place is centrally located in close proximity to major highways, shopping, restaurants and Salem's commuter rail stop. Take advantage of Peabody's low real estate taxes and municipal electric costs.

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Recently Sold Nearby

Property History

Market Insights

38.2%
Price Range
23
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73363013
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 30, 2025
$364,000
MLS #73363013
Sold
Apr 30, 2020
$283,500
Property sold
Days on Market: 23
🏠
Listed for Sale
Feb 19, 2020
$284,500
Original listing
Agent: Maura Allard Office: Keller Williams Realty Evolution
Previous Transaction - MLS #72198617
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 13, 2017
$225,000
MLS #72198617

Tax History

Year Taxes Assessment
2020 $2,486 $231,500

Financial Details

Annual Property Tax
$2,486
Tax Year 2020
HOA Fee
$244
Monthly
Assessed Value
$231,500

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2005
Living Area 886 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Internet Available - Broadband

Exterior

Construction Modular
Architecture None
Roof Rubber
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $2,486
Assessed Value $231,500

HOA & Community

HOA Fee $244 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Elevator(s)
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures None
Possession None
Accepted Financing Contract
Structure Type ["Garden","Mid-Rise","House"]
Unit/Building 118
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Essex
Total market time (incl. prior listings) 23 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2005
Bedrooms
1
Full Bathrooms
1
Living Area
886 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile, Countertops - Upgraded
Kitchen
11 x 8
Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Stainless Steel Appliances, Lighting - Pendant
Living Room
20 x 13
Flooring - Hardwood, Balcony / Deck, Cable Hookup, Exterior Access, High Speed Internet Hookup, Open Floorplan
Master Bedroom
14 x 12
Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
No

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 2005
Structure Type: Garden, Mid-Rise, House
Exterior Materials: Modular
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
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

Total Parking Spaces: 1
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

8 Walnut Street # 118, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Office Keller Williams Realty Evolution
Office Phone 978-927-8700
Agent MLS ID CN205613
Office MLS ID C95098
Listing Data Updated Apr 30, 2020 3:49 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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