28 Prospect St, Peabody MA 01960

Peabody, MA 01960
$560,000
Est. $2,981/month
5
Beds
1.5
Baths
2,028
Sq Ft
$276
Price/Sq Ft
0.75
Acres
1895
Year Built
Single Family Residence
Type
59
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73180228

About this home

PRICE REDUCTION, ALL OFFERS WELCOME. Opportunity knocks with this spacious, 5 bedroom farmhouse in need of updating. Sitting on an oversized lot on a conveniently located street, this family home offers major potential. Detached two car garage, elevated rear gardens and extensive side yard suitable for storage, equipment and more. Wall laid out first floor with 2 large living rooms, eat in kitchen with pantry, half bath with laundry hook up, two sets of staircases to 2nd floor and multiple egresses to yard and screened in porches. 4 bedrooms and full bath on second floor. Private suite on third floor features bedroom, 2 bonus rooms and ample closet space. Walk out basement with newer hot water heater and updated electric panel. Gas heat and cooking. Square footage and frontage of lot may qualify as 2 ANRs, buyer to do due diligence. Close to mall, highways, downtown, schools and more.

Sale Statistics

Sale Overview
Original List Price: $649,900
Final Sale Price: $560,000
Difference: $89,900 (-13.8%)
Performance Metrics
86.2%
List to Sale Ratio
Sold below asking price
59
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $320
Sale $/sq ft: $276
This property sold for $276 per square foot
Sale Summary

This property sold for 13.8% below the original asking price.

The property spent 59 days on market before selling.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1895
Bedrooms
5
Full Bathrooms
1
Half Bathrooms
1
Living Area
2,028 sq ft
Total Rooms
10

Interior Features

Flooring
Vinyl, Carpet, Hardwood, Laminate, Flooring - Wall to Wall Carpet, Flooring - Wood
Heating
Steam, Natural Gas
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Range, Dishwasher, Microwave
Interior Features
Closet, Walk-In Closet(s), Foyer, Mud Room, Bonus Room
Laundry Features
First Floor, Electric Dryer Hookup, Washer Hookup

Exterior & Structure

Construction Materials
Frame
Architectural Style
Farmhouse
Roof
Shingle
Foundation
Stone
Exterior Features
Porch - Screened, Garden
Patio/Porch Features
Screened
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.75 acres
Lot Size
32,670 sq ft
Lot Size Area
0.7500
Lot Features
Cleared, Sloped
Road Frontage Type
Public

Parking & Garage

Garage Spaces
2
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
10
Parking Features
Detached, Paved Drive, Off Street
Covered Parking Spaces
2

Utilities & Systems

Utilities Available
for Gas Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
200+ Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,304
Tax Year
2023
Tax Assessed Value
$452,100
Parcel Number
M:0050 B:0098,2100876
Zoning
R1A

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Estate sale, seller makes no representations. Buyer to do all due diligence. Measurements are approx.
Listing Terms
Contract

Location

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Neighborhood

28 Prospect St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $359
Homeowners Insurance $200
PMI $0

Property History

Market Insights

6.7%
Price Range
61
Total Days on Market

Property Timeline

Sold
Feb 26, 2024
$560,000
Property sold
Days on Market: 61
🏠
Listed for Sale
Nov 14, 2023
$599,900
Original listing
Agent: Brenna McNiff Office: Coldwell Banker Realty - Beverly

Price & Status History

Date Event Price Change
Nov 14, 2023 New Listing Added $599,900

Market Statistics

Days on Market
59 days
Price per Sq Ft
$276

Tax History

Year Taxes Assessment
2023 $4,304 $452,100

Financial Details

Annual Property Tax
$4,304
Tax Year 2023
Assessed Value
$452,100

Listing Information

Listing Agent Brenna McNiff
Listing Office Coldwell Banker Realty - Beverly
Agent MLS ID CT009538
Office MLS ID AN6191

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