111 Foster # 311, Peabody MA 01960

Peabody, MA 01960

$270,000

Beds

Baths

707

Sq Ft

$382

Price/Sq Ft

1988

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Jul 29, 2024 • MLS# 73270812 Copied! • Updated Aug 23, 2024

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Sale Statistics

Sale Overview

Original List Price: $224,995

                            Final Sale Price:
                            $270,000
                        

Difference: +$45,005 (+20.0%)

Performance Metrics

120.0%

List to Sale Ratio

Sold above asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $318

                            Sale $/sq ft:
                            $382
                        

This property sold for $382 per square foot

Sale Summary

This property sold for 20.0% above the original asking price, indicating strong buyer demand.

With only 20 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

$382/sq ft

Area Median

$315/sq ft

Difference

+21.4%

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

About this home

Great 1 bedroom Condo in Peabody for owner occupant or for rental income. This 3rd floor unit is spacious with lots of natural light. There is in unit laundry hookups, 1 level living, stainless steel appliances and granite countertops. Professionally managed building. Condo fee includes snow removal, landscaping, exterior maintenance, refuse removal and reserve funds. Close to all that the developing downtown Peabody area has to offer with restaurants, shopping and highway access close by. Open house Saturday and Sunday August 3rd & 4th 11AM-12PM.

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

16.7%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Aug 22, 2024

$270,000

Property sold

Days on Market: 22

🏠

Listed for Sale

Jul 29, 2024

$224,995

Original listing

Agent: Christopher Blasczak Office: Liberty Residential Realty, LLC

Date	Event	Price	Change	$/sqft	Details
08/22/2024	✓ Sold	$270,000	-	-	Property sold
07/29/2024	🏠 Listed for Sale	$224,995	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$1,958	$214,700

Financial Details

Annual Property Tax

$1,958

Tax Year 2024

HOA Fee

$373

Monthly

Assessed Value

$214,700

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1988

Living Area 707 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Electric Baseboard

Cooling Wall Unit(s)

Flooring Tile, Hardwood

Appliances None

Fireplace None

Basement N

Laundry In Unit

Features None

Exterior

Construction None

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Off Street

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $1,958

Assessed Value $214,700

HOA & Community

HOA Fee $373 Monthly

Fee Includes Water, Sewer, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Amenities None

Optional Fee Includes None

MA Disclosures

Seller Disclosures Rooms Have Been Virtually Staged In Kitchen, Living Room & Bedroom. Remaining Balance On 2016 Roof And Siding Loan Balance Is 24 Months Of $94.97 Mature On 9/1/26

Additional Details

Possession None

Accepted Financing None

Structure Type ["Mid-Rise"]

Unit/Building 311

Sq Ft Source Public Record

Documents None

County Essex

Total market time (incl. prior listings) 22 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1988

Bedrooms

Full Bathrooms

Living Area

707 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Hardwood

Appliances:

Interior Features:

Windows:

Basement: N

Laundry: In Unit

Security: Intercom

Construction & Materials

Year Built: 1988

Structure Type: Mid-Rise

Exterior Materials:

Roof:

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard

Cooling: Wall Unit(s)

Hot Water:

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street

Nearby Schools

School information not available for this location.

Location

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Neighborhood

111 Foster # 311, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Christopher Blasczak

Agent MLS ID CN212325

Office MLS ID AN0224

Listing Data Updated Aug 23, 2024 9:41 AM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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