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4 Elm St # 1, Peabody MA 01960

Peabody, MA 01960
$465,000
Est. $3,041/month
3
Beds
1
Baths
1,317
Sq Ft
$353
Price/Sq Ft
1900
Year Built
28
Days on Market
Closed Listed Jul 9, 2024 • MLS# 73261792 Copied!

About this home

Set near downtown Peabody, this 3-bedroom condo with a formal dining room and 2 parking spots is an ideal choice for home buyers. This 1st floor unit features an open layout, high ceilings, and hardwood floors. The living room seamlessly transitions into a formal dining area, illuminated by natural light. The well-equipped updated kitchen includes neutral shaker cabinets, quartz countertops, Stainless Steel appliances and gas cooking. Other highlights encompass in-unit washer and dryer, double pane windows, freshly updated full bathroom, private outdoor space, and a sizable private storage area in the basement. With its close proximity to downtown, residents can enjoy a brief walk to all the best spots in downtown Peabody!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,317 sq ft
Total Rooms
6
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $475,000
Final Sale Price: $465,000
Difference: $10,000 (-2.1%)
Performance Metrics
97.9%
List to Sale Ratio
Sold below asking price
28
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $361
Sale $/sq ft: $353
This property sold for $353 per square foot
Sale Summary

This property sold for 2.1% below the original asking price.

With only 28 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
$353/sq ft
Area Average
$289/sq ft
Difference
+22.3%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,317 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace None
Basement Y
Laundry Flooring - Stone/ceramic Tile, First Floor, In Unit
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Deck
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $3,651
Assessed Value $400,300

Interior Features

Flooring: Hardwood
Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: Y
Laundry: Flooring - Stone/Ceramic Tile, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1900
Effective Year (Renovated): 2005
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street

Location

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Neighborhood

4 Elm St # 1, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School District
Peabody School District local
C
School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
3.4% below state avg
E

Elementary Schools

10 schools
Covenant Christian Academy
4.0 mi
Grades PK-12
The Recreational Education Center, LLC
4.0 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
5.2 mi | #346 of 346 | Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students Diverse
Rising School
Grades K-12
C
Thomas Carroll School
0.5 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
C-
William A Welch Sr School
0.8 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
C-
Center School
0.9 mi | #731 of 824 | Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students Diverse
Diverse Student Body
Grades PK-05
A-
South Memorial School
1.5 mi | #235 of 824 | Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
2.0 mi | #482 of 824 | Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students Diverse
Rising School
Grades K-05
C
John E. McCarthy School
3.9 mi | #612 of 824 | Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
4.6 mi | #284 of 824 | Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students Moderate
Rising School
Grades PK-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
0.8 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
H

High Schools

2 schools
Bishop Fenwick High School
0.9 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
C
Peabody Veterans Memorial High School
2.7 mi | #251 of 346 | Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
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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 $304
Homeowners Insurance $200
HOA Fee $185/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

2.2%
Price Range
29
Total Days on Market

Property Timeline

Sold
Nov 6, 2024
$465,000
Property sold
Days on Market: 29
🏠
Listed for Sale
Jul 9, 2024
$455,000
Original listing
Agent: Denman Drapkin Group Office: Compass

Price & Status History

Date Event Price Change
Jul 9, 2024 New Listing Added $455,000

Market Statistics

Days on Market
28 days
Price per Sq Ft
$353

Tax History

Year Taxes Assessment
2024 $3,651 $400,300

Financial Details

Annual Property Tax
$3,651
Tax Year 2024
HOA Fee
$185
Monthly
Assessed Value
$400,300

Listing Information

Listing Agent Denman Drapkin Group
Listing Office Compass
Agent MLS ID TM328243
Office MLS ID AN2606
Listing Data Updated Nov 6, 2024 2:47 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Peabody, MA

Real-time market trends and pricing data for this area

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