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4 Elm St # 1, Peabody MA 01960

Peabody, MA 01960
$465,000
3
Beds
1
Baths
1,317
Sq Ft
$353
Price/Sq Ft
1900
Year Built
2
Parking
28
Days on Market
Closed Listed Jul 9, 2024 • MLS# 73261792 Copied! • Updated Nov 6, 2024

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 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$353/sq ft
Area Average
$173/sq ft
Difference
+104.3%

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

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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Recently Sold Nearby

Property History

Market Insights

58.6%
Price Range
29
Total Days on Market
3
Previous Sales

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
Previous Transaction - MLS #72677800
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 26, 2020
$350,000
MLS #72677800
Previous Transaction - MLS #72166570
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 28, 2017
$279,900
MLS #72166570
Previous Transaction - MLS #71778641
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 1, 2015
$192,500
MLS #71778641

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

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
Features Off Street
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $3,651
Assessed Value $400,300

HOA & Community

HOA Fee $185 Monthly
Fee Includes Water, Sewer, Insurance
Amenities None
Optional Fee Includes None
Owner-Occupied Units 2
Seller Disclosures One Of The Windows Is Cracked In The Dining Room. Sale Subject To Seller Finding Suitable Housing.
Exclusions Tvs, Simplysafe Security System, Sellers Belongings. Washer/Dryer And Window Ac Units Tbd.
Possession None
Accepted Financing None
Structure Type ["2\/3 Family"]
Unit/Building 1
Sq Ft Source Public Record
Documents Master Deed, Management Association Bylaws (2)
County Essex
Total market time (incl. prior listings) 29 days

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

Room Details

First Floor

Bathroom1
Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Bedroom3
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture
Dining Room
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Pendant, Decorative Molding
Kitchen
Flooring - Stone/Ceramic Tile, Window(s) - Picture, Pantry, Countertops - Stone/Granite/Solid, Kitchen Island, Remodeled
Bedroom2
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture
Living Room
Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Lighting - Overhead
Master Bedroom
Ceiling Fan(s), Closet, Flooring - Hardwood, Window(s) - Picture

Other Floor

Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom

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
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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Location

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Neighborhood

4 Elm St # 1, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Office Compass
Office Phone 617-303-0067
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.

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