62 Summit Street, Peabody MA 01960

Peabody, MA 01960
$690,000
Est. $3,672/month
4
Beds
2
Baths
2,054
Sq Ft
$336
Price/Sq Ft
0.15
Acres
1951
Year Built
Single Family Residence
Type
3
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73310568

About this home

This charming, updated 4-bedroom Colonial is nestled on a dead-end street and offers the perfect blend of residential living and convenience. Situated just minutes from major routes and local shops, this property boasts a younger heating system & roof, newer vinyl siding and a new 200-amp electrical panel. The versatile floor plan includes two bathrooms, providing plenty of space and flexibility for your needs. The living room features a cozy fireplace, perfect for relaxing evenings, & formal dining room. Eat in kitchen has new stainless steel appliances. Mud/laundry room leads to large, fenced-in yard and offers ample space for outdoor activities & entertaining. An oversized flex space can be used as separate sleeping quarters or used as an office & sun-drenched Great Room! Whether you're looking for comfort or convenience, this home has it all!

Sale Statistics

Sale Overview
Original List Price: $649,900
Final Sale Price: $690,000
Difference: +$40,100 (+6.2%)
Performance Metrics
106.2%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $316
Sale $/sq ft: $336
This property sold for $336 per square foot
Sale Summary

This property sold for 6.2% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
Single Family Residence
Property Category
Residential
Year Built
1951
Bedrooms
4
Full Bathrooms
2
Living Area
2,054 sq ft
Total Rooms
9

Interior Features

Flooring
Tile, Carpet, Hardwood, Flooring - Wall to Wall Carpet
Heating
Baseboard, Oil
Has Heating
Yes
Cooling
Window Unit(s)
Has Cooling
Yes
Fireplace Features
Living Room
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Water Heater, Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
Interior Features
Den, Mud Room
Laundry Features
Dryer Hookup - Electric, Washer Hookup, First Floor, Electric Dryer Hookup
Window Features
Window(s) - Picture
Door Features
French Doors
Accessibility Features
No

Exterior & Structure

Construction Materials
Frame
Architectural Style
Colonial
Roof
Shingle
Foundation
Slab
Exterior Features
Balcony / Deck, Patio, Storage, Fenced Yard
Patio/Porch Features
Patio
Fencing
Fenced
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,499 sq ft
Lot Size Area
0.1500
Road Surface Type
Paved
Road Frontage Type
Public, Dead End

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
3
Parking Features
Paved Drive, Off Street, Tandem, Paved

Utilities & Systems

Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Community Features
Public Transportation, Shopping, Golf, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School
HOA
No
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$4,777
Tax Year
2024
Tax Assessed Value
$523,800
Parcel Number
M:0072 B:0044,2103539
Zoning
R1A

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Attached Property
No
Disclosures
1 front window has a broken seal.
Listing Terms
Contract

Location

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Neighborhood

62 Summit Street, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

Elementary School
Center
Rating information coming soon
Middle School
J Henry Higgins
Rating information coming soon
High School
Phs
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $398
Homeowners Insurance $200
PMI $0

Property History

Market Insights

5.8%
Price Range
4
Total Days on Market

Property Timeline

Sold
Nov 26, 2024
$690,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Nov 7, 2024
$649,900
Original listing
Agent: Chuha & Scouten Team Office: Leading Edge Real Estate

Price & Status History

Date Event Price Change
Nov 7, 2024 New Listing Added $649,900

Market Statistics

Days on Market
3 days
Price per Sq Ft
$336

Tax History

Year Taxes Assessment
2024 $4,777 $523,800

Financial Details

Annual Property Tax
$4,777
Tax Year 2024
Assessed Value
$523,800

Listing Information

Listing Agent Chuha & Scouten Team
Listing Office Leading Edge Real Estate
Agent MLS ID TEAM0335
Office MLS ID AN4648

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