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1 Ledgewood Way # 5, Peabody MA 01960

Peabody, MA 01960
$385,000
2
Beds
2
Baths
1,004
Sq Ft
$383
Price/Sq Ft
1980
Year Built
1
Parking
10
Days on Market
Closed Listed May 10, 2022 • MLS# 72979155 Copied! • Updated Jun 30, 2022

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.

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

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
Features None
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
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
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.
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
For Sale
Year Built
1980
Bedrooms
2
Full Bathrooms
2
Living Area
1,004 sq ft
Total Rooms
4
Stories
1
Entry Level
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Yes

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:
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
E

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
M

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
H

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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