8 Summit Ter, Peabody MA 01960

Peabody, MA 01960
$732,000
Est. $3,896/month
4
Beds
2
Baths
1,693
Sq Ft
$432
Price/Sq Ft
0.14
Acres
1950
Year Built
Single Family Residence
Type
6
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73204327

About this home

This charming, well-maintained home is nestled in a tranquil Center School neighborhood. Boasting four spacious bedrooms and two bathrooms, this residence offers ample space for comfortable living. The main level features a cozy living room, perfect for relaxation or entertaining guests, and a modern kitchen equipped with ample cabinet space. Adjacent to the kitchen, a dining area provides a lovely space for family meals. Venture downstairs to discover the finished bonus space in the basement, ideal for a home office, gym, or additional living area, offering endless possibilities to suit your lifestyle needs. Step outside into the backyard oasis, where a sparkling in-ground pool awaits, surrounded by lush landscaping, creating the perfect setting for outdoor gatherings and summer barbecues. **Offers, if any due Tuesday 2/27 at noon **

Sale Statistics

Sale Overview
Original List Price: $719,000
Final Sale Price: $732,000
Difference: +$13,000 (+1.8%)
Performance Metrics
101.8%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $425
Sale $/sq ft: $432
This property sold for $432 per square foot
Sale Summary

This property sold for 1.8% above the original asking price, indicating strong buyer demand.

With only 6 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
1950
Bedrooms
4
Full Bathrooms
2
Living Area
1,693 sq ft
Total Rooms
9

Interior Features

Flooring
Carpet, Laminate, Wood Laminate
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Other
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Microwave, Refrigerator
Laundry Features
In Basement
Basement Details
Full

Exterior & Structure

Construction Materials
Frame
Architectural Style
Garrison
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch - Enclosed, Deck, Pool - Inground, Storage, Fenced Yard
Patio/Porch Features
Porch - Enclosed, Deck
Fencing
Fenced/Enclosed, Fenced
Has Spa
No
Pool Features
In Ground
Private Pool
Yes
Waterfront Property
No

Lot & Land

Lot Size
0.14 acres
Lot Size
6,103 sq ft
Lot Size Area
0.1400
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Pool
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,958
Tax Year
2024
Tax Assessed Value
$543,600
Parcel Number
M:0073 B:0005,2103750
Zoning
R1A

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No

Location

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Neighborhood

8 Summit Ter, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

Elementary School
Center
Rating information coming soon
Middle School
J Henry Higgins
Rating information coming soon
High School
Veterans Memor
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $413
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.8%
Price Range
7
Total Days on Market

Property Timeline

Sold
Mar 29, 2024
$732,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Feb 21, 2024
$719,000
Original listing
Agent: Shannon McInnis Office: Keller Williams Realty Evolution

Price & Status History

Date Event Price Change
Feb 21, 2024 New Listing Added $719,000

Market Statistics

Days on Market
6 days
Price per Sq Ft
$432

Tax History

Year Taxes Assessment
2024 $4,958 $543,600

Financial Details

Annual Property Tax
$4,958
Tax Year 2024
Assessed Value
$543,600

Listing Information

Listing Agent Shannon McInnis
Listing Office Keller Williams Realty Evolution
Agent MLS ID CN254155
Office MLS ID C95098

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