8R Elm, Peabody MA 01960
Peabody, MA 01960
$314,500
Est. $1,674/month
About this home
Welcome to an exceptional investment opportunity in the heart of Peabody, MA! This approved 2-family lot offers endless potential for investors or those looking to build a multi-generational home. Situated in a prime location, this lot is just minutes away from downtown Peabody, with easy access to shopping, dining, schools, and major highways.
Sale Statistics
Sale Overview
Original List Price:
$350,000
Final Sale Price:
$314,500
Difference:
$35,500 (-10.1%)
Performance Metrics
89.9%
List to Sale Ratio
Sold below asking price
66
Days on Market
Extended listing
Sale Summary
This property sold for 10.1% below the original asking price.
The property spent 66 days on market before selling.
Facts & Features
Property Overview
Property Type
Residential
Property Category
Land
Interior Features
Exterior & Structure
Waterfront Property
No
Lot & Land
Lot Size
0.17 acres
Lot Size
7,504 sq ft
Lot Size Area
0.1700
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Utilities & Systems
Water Source
Public
Sewer
Public Sewer
Electric
On-Site
Electric on Property
Yes
Gas
On-Site
Community & HOA
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$0
Tax Assessed Value
$0
Parcel Number
2104744
Additional Parcels
No
Zoning
R2
Additional Details
Disclosures
Image is of proposed dwelling.
Location
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Neighborhood
8R Elm, Peabody MA 01960
Peabody, MA 01960
Walkability
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Schools
School information not available
Monthly Payment Calculator
%
%
Estimated Monthly Payment
$0
Payment Breakdown
Principal & Interest
$0
Property Tax
$0
Homeowners Insurance
$200
PMI
$0
Property History
Market Insights
10.1%
Price Range
67
Total Days on Market
Property Timeline
Sold
Jan 3, 2025
$314,500
Property sold
Days on Market: 67
Listed for Sale
Sep 26, 2024
$350,000
Original listing
Agent: Herrick Lutts Realty Partners
Office: Herrick Lutts Realty Partners
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 01/03/2025 | ✓ Sold | $314,500 | - | - | Property sold |
| 09/26/2024 | 🏠 Listed for Sale | $350,000 | - | - | Original listing |