111 Foster St # 309, Peabody MA 01960

Peabody, MA 01960

$265,000

Beds

Baths

692

Sq Ft

$383

Price/Sq Ft

1988

Year Built

Parking

Condominium

Type

Days on Market

Sold Listed Oct 30, 2024 • MLS# 73307644 Copied! • Updated Dec 18, 2024

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Sale Statistics

Sale Overview

Original List Price: $259,000

                            Final Sale Price:
                            $265,000
                        

Difference: +$6,000 (+2.3%)

Performance Metrics

102.3%

List to Sale Ratio

Sold above asking price

Days on Market

Quick sale

Price per Square Foot Analysis

Original $/sq ft: $374

                            Sale $/sq ft:
                            $383
                        

This property sold for $383 per square foot

Sale Summary

This property sold for 2.3% above the original asking price, indicating strong buyer demand.

With only 15 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

$383/sq ft

Area Median

$315/sq ft

Difference

+21.7%

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

About this home

Why rent when you can own! Start building equity in vibrant Peabody, just minutes from historic Salem & all that the coveted North Shore has to offer. Enjoy the benefit of attractive utility rates & low taxes in this centrally-located community near major routes, restaurants & shopping. This spacious and well-maintained one-bedroom unit in Tannery Gardens offers a warm & inviting oversized living/dining area that flows seamlessly into the kitchen, featuring young appliances, ample cabinets & counter space. This unit is comfortable enough to entertain & then unwind in the large bedroom with a generous closet. Sunlight fills this charming home, which also includes a newer HW tank (2019), wall AC (2023), updated wood laminate flooring (2017) & plenty of storage. An elevator building, 1 parking space, guest parking & the option to rent an additional space all add to the appeal of this condo. Don’t miss this fantastic opportunity!

Public Records & Permits

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Recently Sold Nearby

Property History

Market Insights

2.3%

Price Range

Total Days on Market

Property Timeline

✓

Sold

Dec 18, 2024

$265,000

Property sold

Days on Market: 16

🏠

Listed for Sale

Oct 30, 2024

$259,000

Original listing

Agent: Sabrina Carr Group Office: William Raveis R.E. & Home Services

Date	Event	Price	Change	$/sqft	Details
12/18/2024	✓ Sold	$265,000	-	-	Property sold
10/30/2024	🏠 Listed for Sale	$259,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2024	$1,925	$211,100

Financial Details

Annual Property Tax

$1,925

Tax Year 2024

HOA Fee

$376

Monthly

Assessed Value

$211,100

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1988

Living Area 692 sq ft

Bedrooms 1

Full Baths 1

Total Rooms 3

Interior

Heating Electric Baseboard

Cooling Window Unit(s)

Flooring Tile, Laminate

Appliances Range, Disposal, Refrigerator, Range Hood

Fireplace None

Basement N

Laundry Off-site

Features None

Exterior

Construction Brick

Architecture None

Roof Rubber

Features None

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Has Garage Yes

Features Under, Carport, Off Street, Common, Guest, Available For Purchase

Total Spaces 1

Utilities

Electric Circuit Breakers

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $1,925

Assessed Value $211,100

HOA & Community

HOA Fee $376 Monthly

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

Amenities Elevator(s)

Optional Fee Includes None

Owner-Occupied Units 41

MA Disclosures

Seller Disclosures Dishwasher Connection In Place. Hw Tank 19. Flooring Installed 17. New Window A/c 23. Bathrm Sink 22, . Shower Head/plumbing & Newly Painted 24. Disposal 20. Unit Comes W/1 Parking Sticker + 1 Visitor Sticker. Addl Space Avail For $15/month. Move In Fee $300. Dogs Not Permitted/complex.cats Ok

Additional Details

Possession None

Accepted Financing None

Structure Type ["Low-Rise"]

Unit/Building 309

Sq Ft Source Public Record

Sq Ft Disclosures Measurements for marketing purposes only & to be verified

Documents Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)

County Essex

Total market time (incl. prior listings) 16 days

Property Overview

Property Type

Condominium

Listing Type

Sold

Year Built

1988

Bedrooms

Full Bathrooms

Living Area

692 sq ft

Total Rooms

Stories

Entry Level

Floor Layout

Interior Features

Flooring: Tile, Laminate

Appliances: Range, Disposal, Refrigerator, Range Hood

Interior Features:

Windows: Insulated Windows

Basement: N

Laundry: Off-Site

Security: Intercom

Construction & Materials

Year Built: 1988

Structure Type: Low-Rise

Exterior Materials: Brick

Roof: Rubber

Foundation:

Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard

Heating Zones: 1

Cooling: Window 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

Garage Type: Attached

Total Parking Spaces: 1

Parking Features: Under, Carport, Off Street, Common, Guest, Available for Purchase

Nearby Schools

School information not available for this location.

Location

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Neighborhood

111 Foster St # 309, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Sabrina Carr Group

Listing Office William Raveis R.E. & Home Services

Office Phone 781-670-5200

Agent MLS ID TM353533

Office MLS ID AN7152

Listing Data Updated Dec 18, 2024 1:47 PM EST

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

Contact Us

BMN Boston Real Estate

Douglas Elliman

(617) 955-2224 contact@bmnboston.com

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