16 Newcastle Rd, Peabody MA 01960

Peabody, MA 01960
$575,000
Est. $3,060/month
3
Beds
2
Baths
1,643
Sq Ft
$350
Price/Sq Ft
0.12
Acres
1925
Year Built
Single Family Residence
Type
18
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73196752

About this home

Welcome home to 16 Newcastle in prestigious Gardner Park! On the market for the first time in 80 years, this spacious 1,634 sf. Cape is waiting for you and your signature style. The good bones are already in place with updated electric, copper piping, newer siding & windows, gas furnace. Hardwood floors, built-ins and original trim add to the vintage charm of this 3 bed/2 bath home. A full bath on each floor allows for multiple primary bedroom options and the huge second floor bedroom and full bath give the option of a spectacular bedroom/bath suite. The side driveway allows for ample off street parking and the large yard for entertaining family and friends. Attic space and a full basement give plenty of storage space. Live here and have easy access to routes 128, 114 and 95, Peabody's very own Mills 58, area malls, Bishop Fenwick High School and downtown Salem, just far enough away... Ice cream anyone? Treadwell's Ice Cream Shop is on the corner. Make 16 Newcastle YOUR new castle...

Sale Statistics

Sale Overview
Original List Price: $500,000
Final Sale Price: $575,000
Difference: +$75,000 (+15.0%)
Performance Metrics
115.0%
List to Sale Ratio
Sold above asking price
18
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $304
Sale $/sq ft: $350
This property sold for $350 per square foot
Sale Summary

This property sold for 15.0% above the original asking price, indicating strong buyer demand.

With only 18 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
1925
Bedrooms
3
Full Bathrooms
2
Living Area
1,643 sq ft
Total Rooms
6

Interior Features

Flooring
Hardwood
Heating
Hot Water, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Gas Water Heater, Water Heater, Range, Refrigerator, Washer
Basement Details
Full, Interior Entry, Concrete, Unfinished
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.12 acres
Lot Size
5,367 sq ft
Lot Size Area
0.1200
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
3
Parking Features
Detached, Paved Drive, Paved
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Highway Access
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,535
Tax Year
2023
Tax Assessed Value
$476,400
Parcel Number
2103179
Zoning
R1A

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Listing Terms
Estate Sale

Location

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Neighborhood

16 Newcastle Rd, 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 $378
Homeowners Insurance $200
PMI $0

Property History

Market Insights

13%
Price Range
20
Total Days on Market

Property Timeline

Sold
Feb 29, 2024
$575,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Jan 25, 2024
$500,000
Original listing
Agent: Jean-Marie Minton Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Jan 25, 2024 New Listing Added $500,000

Market Statistics

Days on Market
18 days
Price per Sq Ft
$350

Tax History

Year Taxes Assessment
2023 $4,535 $476,400

Financial Details

Annual Property Tax
$4,535
Tax Year 2023
Assessed Value
$476,400

Listing Information

Listing Agent Jean-Marie Minton
Listing Office Keller Williams Realty Evolution
Agent MLS ID CN243170
Office MLS ID C95098

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