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111 Foster St # 309, Peabody MA 01960

Peabody, MA 01960
$265,000
1
Beds
1
Baths
692
Sq Ft
$383
Price/Sq Ft
1988
Year Built
1
Parking
15
Days on Market
Closed Listed Oct 30, 2024 • MLS# 73307644 Copied! • Updated Dec 18, 2024

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
15
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 5 similar properties sold within 0.5 miles in the last 90 days

This Property
$383/sq ft
Area Average
$253/sq ft
Difference
+51.3%

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!

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Recently Sold Nearby

Property History

Market Insights

2.3%
Price Range
16
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

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
Has Garage Yes
Features Under, Carport, Off Street, Common, Guest, Available For Purchase
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range
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
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
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
For Sale
Year Built
1988
Bedrooms
1
Full Bathrooms
1
Living Area
692 sq ft
Total Rooms
3
Stories
1
Entry Level
3

Room Details

First Floor

Bathroom1
10 x 5
Bathroom - Tiled With Shower Stall, Flooring - Laminate
Kitchen
11 x 9
Flooring - Laminate
Living Room
20 x 12
Flooring - Vinyl, Flooring - Wood
Master Bedroom
10 x 15
Flooring - Laminate, Flooring - Wood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom2
Bedroom2
Bathroom3
Office
Family Room
Master Bathroom
No

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
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
3.8 mi
Grades PK-12
The Recreational Education Center, LLC
3.8 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-
William A Welch Sr School
0.3 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
0.8 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
0.9 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
C
Thomas Carroll School
1.0 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
B-
Captain Samuel Brown School
1.4 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
3.7 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
4.5 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
0.5 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
1.5 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

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.

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