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45 Reed Rd, Peabody MA 01960

Peabody, MA 01960 • Centerfield Neighborhood
$555,000
Est. $2,954/month
3
Beds
2
Baths
1,704
Sq Ft
$326
Price/Sq Ft
0.23
Acres
1957
Year Built
Single Family Residence
Type
8
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73195313

About this home

Terrific opportunity to live in the Centerfield neighborhood of Peabody at a great price point. Situated on a ¼ acre lot this ranch needs some TLC but has solid bones & is the perfect starter home or a great fit for a downsizer looking for one-level living. The cozy and functional layout provides a comfortable living space. The kitchen boasts SS appliances, oak cabinets, and recessed lights. The fireplaced living room is the perfect spot for relaxing. The dining area adjacent to the kitchen leads to a slider that walks out to the large patio. Go down the hallway past the full bath to find three bedrooms. The other side of the kitchen leads to the family room, with natural light & 2nd full bath. The garage space was re-purposed into a storage space and a utility room, which houses the mechanicals. This room could be converted back into a 4th BR. Private side & back yard. Conveniently located near Rtes 128,95 &1, NS Mall, bike path & restaurants.1-yr home warranty included.

Sale Statistics

Sale Overview
Original List Price: $525,000
Final Sale Price: $555,000
Difference: +$30,000 (+5.7%)
Performance Metrics
105.7%
List to Sale Ratio
Sold above asking price
8
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $308
Sale $/sq ft: $326
This property sold for $326 per square foot
Sale Summary

This property sold for 5.7% above the original asking price, indicating strong buyer demand.

With only 8 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1957
Bedrooms
3
Full Bathrooms
2
Living Area
1,704 sq ft
Total Rooms
8

Interior Features

Flooring
Tile, Carpet, Laminate, Concrete, Flooring - Stone/Ceramic Tile
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s), Wall Unit(s)
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features
Closet, Lighting - Overhead, Storage, Bonus Room, Foyer, High Speed Internet
Laundry Features
Electric Dryer Hookup, Washer Hookup, First Floor
Window Features
Window(s) - Bay/Bow/Box, Insulated Windows
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Slab
Exterior Features
Patio, Storage, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.23 acres
Lot Size
10,001 sq ft
Lot Size Area
0.2300
Lot Features
Sloped
Frontage Length
100 ft
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

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

Community & HOA

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

Financial & Tax Information

Annual Tax Amount
$4,738
Tax Year
2023
Tax Assessed Value
$497,700
Parcel Number
M:0060 B:0057,2101942
Zoning
R1B

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
Property being sold "AS IS." Roof is 20 years old and nearing end of useful life. Microwave over range in disrepair. Built-in A/C in bedroom in disrepair.
Listing Terms
Contract

Location

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Neighborhood

Centerfield Neighborhood

45 Reed Rd, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

Elementary School
Center
Rating information coming soon
Middle School
Higgins
Rating information coming soon
High School
Veterans Mem.
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $395
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.4%
Price Range
9
Total Days on Market

Property Timeline

✓
Sold
Apr 10, 2024
$555,000
Property sold
Days on Market: 9
🏠
Listed for Sale
Jan 21, 2024
$525,000
Original listing
Agent: David Brown Office: Coldwell Banker Realty - Beverly

Price & Status History

Date Event Price Change
Jan 21, 2024 New Listing Added $525,000 —

Market Statistics

Days on Market
8 days
Price per Sq Ft
$326

Tax History

Year Taxes Assessment
2023 $4,738 $497,700

Financial Details

Annual Property Tax
$4,738
Tax Year 2023
Assessed Value
$497,700

Listing Information

Listing Agent David Brown
Listing Office Coldwell Banker Realty - Beverly
Agent MLS ID CN221932
Office MLS ID AN6191

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