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8 Walnut Street # 306, Peabody MA 01960

Peabody, MA 01960 • Needham Corner
$380,000
Est. $2,664/month
1
Beds
1
Baths
890
Sq Ft
$427
Price/Sq Ft
2005
Year Built
5
Days on Market
Closed Listed Apr 3, 2024 • MLS# 73219100 Copied!

About this home

Welcome to 8 Walnut Street! This adorable one-bedroom, one-bath open-concept unit includes one deeded covered garage space and is conveniently located near Peabody Square. This sun-drenched unit has been freshly painted and new carpet installed; all that is left to do is unpack your bags. The open-concept kitchen, dining room, and living room are perfect for entertaining. The bright and sunny oversized bedroom offers a very large walk-in closet for all your storage needs. Enjoy the convenience of in-unit laundry. Enjoy your morning coffee on your private balcony. Pet-friendly and plenty of visitor parking. Enjoy the benefits of a low condo fee, a professionally managed complex, low taxes, and a 20% discount on your municipal electric bill. Come check it out at the Open Houses Sat and Sun April 6 & 7 from 12-1:30pm.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2005
Bedrooms
1
Full Bathrooms
1
Living Area
890 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Sale Statistics

Sale Overview
Original List Price: $374,900
Final Sale Price: $380,000
Difference: +$5,100 (+1.4%)
Performance Metrics
101.4%
List to Sale Ratio
Sold above asking price
5
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $421
Sale $/sq ft: $427
This property sold for $427 per square foot
Sale Summary

This property sold for 1.4% above the original asking price, indicating strong buyer demand.

With only 5 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 8 similar properties sold within 0.5 miles in the last 90 days

This Property
$427/sq ft
Area Average
$289/sq ft
Difference
+47.9%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2005
Living Area 890 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 3

Interior

Heating Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Balcony
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Attached, Under, Deeded, Off Street, Guest
Total Spaces 2

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $2,973
Assessed Value $312,300

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
Security:

Construction & Materials

Year Built: 2005
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Attached, Under, Deeded, Off Street, Guest

Location

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Neighborhood

Needham Corner

8 Walnut Street # 306, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $248
Homeowners Insurance $200
HOA Fee $295/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.3%
Price Range
7
Total Days on Market

Property Timeline

Sold
May 22, 2024
$380,000
Property sold
Days on Market: 7
🏠
Listed for Sale
Apr 3, 2024
$374,900
Original listing
Agent: Christine Rich Office: Citylight Homes LLC

Price & Status History

Date Event Price Change
Apr 3, 2024 New Listing Added $374,900

Market Statistics

Days on Market
5 days
Price per Sq Ft
$427

Tax History

Year Taxes Assessment
2023 $2,973 $312,300

Financial Details

Annual Property Tax
$2,973
Tax Year 2023
HOA Fee
$295
Monthly
Assessed Value
$312,300

Listing Information

Listing Agent Christine Rich
Listing Office Citylight Homes LLC
Agent MLS ID CN226640
Office MLS ID AN6617
Listing Data Updated May 22, 2024 12:52 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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Market Analytics for Peabody, MA

Real-time market trends and pricing data for this area

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