1 Ledgewood Way # 5, Peabody MA 01960
Peabody, MA 01960
$385,000
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Sale Statistics
Sale Overview
Original List Price:
$349,900
Final Sale Price:
$385,000
Difference:
+$35,100 (+10.0%)
Performance Metrics
110.0%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$349
Sale $/sq ft:
$383
This property sold for $383 per square foot
Sale Summary
This property sold for 10.0% above the original asking price, indicating strong buyer demand.
With only 10 days on market, this was a quick sale compared to typical market conditions.
Nearby Sales Comparison
Based on 9 similar properties sold within 0.5 miles in the last 90 days
This Property
$383/sq ft
Area Median
$342/sq ft
Difference
+12.0%
This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.
About this home
Coveted Ledgewood Condominiums! Fantastic location for an affordable price! This immaculate and well-maintained condo has in-unit laundry, two bedrooms, two full baths (one is off the primary bedroom), a living room, dining area, kitchen, and a balcony all on one level. There’s a brand new water heater and plenty of closet space in the unit plus a storage closet on the first floor. Deeded parking spot out front. The secure building has an elevator, mail in the lobby, and a trash chute. The complex has an in-ground swimming pool, tennis courts, a clubhouse, and is right next to the bike path and Rte 1. So convenient to restaurants, shopping, highways, and greenspace. Work up an appetite on the bike path and have dinner at Toscana's Ristorante--both are right next door! Showings begin at open houses Friday 5/13 from 6-7:30pm and Sunday 5/15 from 1-2:30pm.
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Recently Sold Nearby
Property History
Market Insights
35.5%
Price Range
11
Total Days on Market
2
Previous Sales
Property Timeline
Previous Transaction - MLS #73405657
Full transaction history available when tracking began
Previously Sold
Aug 22, 2025
$465,000
MLS #73405657
Sold
Jun 30, 2022
$385,000
Property sold
Days on Market: 11
Listed for Sale
May 10, 2022
$349,900
Original listing
Agent: The Murray Brown Group
Office: Sagan Harborside Sotheby's International Realty
Previous Transaction - MLS #72343770
Full transaction history available when tracking began
Previously Sold
Jul 30, 2018
$300,000
MLS #72343770
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/22/2025 | 🏷️ Previously Sold | $465,000 | - | - | MLS #73405657 |
| 06/30/2022 | ✓ Sold | $385,000 | - | - | Property sold |
| 05/10/2022 | 🏠 Listed for Sale | $349,900 | - | - | Original listing |
| 07/30/2018 | 🏷️ Previously Sold | $300,000 | - | - | MLS #72343770 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $3,030 | $300,000 |
Financial Details
Annual Property Tax
$3,030
Tax Year 2022
HOA Fee
$361
Monthly
Assessed Value
$300,000
Facts & Features
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
1980
Living Area
1,004 sq ft
Bedrooms
2
Full Baths
2
Total Rooms
4
Interior
Heating
Forced Air, Electric
Cooling
Central Air
Flooring
None
Appliances
None
Fireplace
None
Basement
Y
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,030
Assessed Value
$300,000
HOA & Community
HOA Fee
$361 Monthly
Fee Includes
Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Pool, Elevator(s), Tennis Court(s), Clubhouse
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Cats/dogs Ok Under 25 Lbs W/ Board Approval. No Smoking In Unit, Deck Or Common Areas. No Commercial, Trailer Or Rv Pkg. No Grills.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
5
Sq Ft Source
Field Card
Documents
None
County
Essex
Total market time (incl. prior listings)
11 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,004 sq ft
Total Rooms
4
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
FeaturesYes
Display Options
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:
Appliances:
Interior Features:
Windows:
Basement:
Y
Laundry:
Security:
Construction & Materials
Year Built:
1980
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air, Electric
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Total Parking Spaces:
1
Parking Features:
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
10 schools
Covenant Christian Academy
1.3 mi
Grades PK-12
The Recreational Education Center, LLC
1.3 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
2.4 mi
|
#346 of 346
|
Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students
Diverse
Rising School
Grades K-12
C
John E. McCarthy School
1.4 mi
|
#612 of 824
|
Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students
Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
1.8 mi
|
#284 of 824
|
Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students
Moderate
Rising School
Grades PK-05
C-
Center School
2.2 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
B+
John E Burke School
2.5 mi
|
#298 of 824
|
Score: 50.9
Improved 239 spots from last year
-7.3 below state avg
294 students
Moderate
Rising School
Grades K-05
A-
South Memorial School
2.8 mi
|
#235 of 824
|
Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students
Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
3.3 mi
|
#482 of 824
|
Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students
Diverse
Rising School
Grades K-05
C-
William A Welch Sr School
3.3 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
1 school
C+
J. Henry Higgins Middle School
2.5 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
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
Bishop Fenwick High School
3.3 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
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Location
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Neighborhood
1 Ledgewood Way # 5, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
The Murray Brown Group
Listing Office
Sagan Harborside Sotheby's International Realty
Office Phone
781-631-8800
Agent MLS ID
TM329476
Office MLS ID
AN4472
Listing Data Updated
Jun 30, 2022 8:57 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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