Dimensions9 x 5
FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelThird
1 Drake Way # 16, Peabody MA 01960
Peabody, MA 01960
$474,000
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Sale Statistics
Sale Overview
Original List Price:
$460,000
Final Sale Price:
$474,000
Difference:
+$14,000 (+3.0%)
Performance Metrics
103.0%
List to Sale Ratio
Sold above asking price
15
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:
$284
Sale $/sq ft:
$293
This property sold for $293 per square foot
Sale Summary
This property sold for 3.0% above the original asking price, indicating strong buyer demand.
With only 15 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
$293/sq ft
Area Median
$412/sq ft
Difference
28.9%
This property sold below the area median, potentially representing good value for the buyer.
About this home
Great opportunity to own this lovely unit at Drake Crossing. This 3 bedroom townhouse has great features including top level Master Suite featuring wall to wall carpert, celing fan with walk-in closet and full master bath, the second level has 2 bedrooms both with wall to wall carpet & ceiling fans, full bath and laundry. Living level has open floor plan with the Living Room, Dining Area and Kitchen all having hardwood floors. Kitchen features an island and granite counter tops. Step out onto your deck to overlook Crowninshield Pond. Unit has central A/C and garage parking. Extra storage and Utility area in the basement. Don't miss out on this fantastic unit!
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Public Records & Permits
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Recently Sold Nearby
Property History
Market Insights
37.4%
Price Range
16
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
Sold
Sep 26, 2022
$474,000
Property sold
Days on Market: 16
Listed for Sale
Aug 1, 2022
$460,000
Original listing
Agent: Christopher Hamilton
Office: ERA Key Realty Services
Previous Transaction - MLS #72217678
Full transaction history available when tracking began
Previously Sold
Oct 5, 2017
$347,700
MLS #72217678
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 02/26/2025 | 🏷️ Previously Sold | $555,000 | - | - | MLS #73328615 |
| 09/26/2022 | ✓ Sold | $474,000 | - | - | Property sold |
| 08/01/2022 | 🏠 Listed for Sale | $460,000 | - | - | Original listing |
| 10/05/2017 | 🏷️ Previously Sold | $347,700 | - | - | MLS #72217678 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2022 | $3,751 | $371,400 |
Financial Details
Annual Property Tax
$3,751
Tax Year 2022
HOA Fee
$388
Per month
Assessed Value
$371,400
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
Forced Air
Cooling
Central Air
Flooring
None
Appliances
Range, Dishwasher, Disposal, Microwave
Fireplace
None
Basement
Y
Laundry
None
Features
None
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Balcony / Deck, Deck - Wood
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Wood
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under, Off Street
Total Spaces
2
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$3,751
Assessed Value
$371,400
HOA & Community
HOA Fee
$388
Fee Includes
Insurance, Maintenance Grounds, Snow Removal, Trash
Amenities
None
Optional Fee Includes
None
Owner-Occupied Units
16
Pets
Yes
MA Disclosures
Seller Disclosures
Room Sizes Are Approx. Buyer & Buyers Agent To Do Due Diligence. Refrigerator & Washer/dryer Not Included But Are Negotiable
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Townhouse"]
Unit/Building
16
Sq Ft Source
Field Card
Documents
None
County
Essex
Total market time (incl. prior listings)
16 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
Dimensions21 x 11
FeaturesCeiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
LevelThird
Dimensions12 x 10
FeaturesCeiling Fan(s), Flooring - Wall to Wall Carpet
LevelSecond
Dimensions8 x 5
FeaturesBathroom - Full, Flooring - Stone/Ceramic Tile
LevelSecond
Dimensions14 x 10
FeaturesCeiling Fan(s), Flooring - Wall to Wall Carpet
LevelSecond
Dimensions5 x 5
FeaturesBathroom - Half, Flooring - Stone/Ceramic Tile
LevelFirst
Dimensions11 x 9
FeaturesFlooring - Hardwood
LevelFirst
Dimensions12 x 11
FeaturesFlooring - Hardwood, Countertops - Stone/Granite/Solid, Kitchen Island
LevelFirst
Dimensions14 x 10
FeaturesFlooring - Hardwood
LevelFirst
Display Options
Outdoor Areas
Patio & porchDeck - Wood
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:
Range, Dishwasher, Disposal, Microwave
Interior Features:
Windows:
Basement:
Y
Laundry:
Security:
Construction & Materials
Year Built:
2006
Structure Type:
Townhouse
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stories:
3
Heating, Cooling & Utilities
Heating:
Forced Air
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony / Deck, Deck - Wood
Patio & Porch:
Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
2
Parking Features:
Under, Off Street
Special Features
Waterfront:
Yes
Waterfront Type:
Waterfront, Pond
Community Amenities:
Nearby Schools
School information not available for this location.
Location
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Neighborhood
1 Drake Way # 16, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Office
ERA Key Realty Services
Office Phone
978-614-1600
Agent MLS ID
CN219828
Office MLS ID
AC1820
Listing Data Updated
Sep 26, 2022 1:09 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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