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111 Foster St # 411, Peabody MA 01960

Peabody, MA 01960
$330,000
Est. $2,408/month
1
Beds
1
Baths
707
Sq Ft
$467
Price/Sq Ft
1988
Year Built
23
Days on Market
Closed Listed Nov 9, 2024 • MLS# 73311220 Copied!

About this home

Discover this charming and beautifully totally updated 1-bedroom condo in Peabody, perfect for both owner occupants and investors seeking rental income. Nestled on the 4th floor, this expansive unit is bathed in abundant natural light, creating an inviting atmosphere. Enjoy the convenience of single-level living with new in-unit laundry, complemented by modern stainless steel appliances and elegant granite countertops.The property is part of a professionally managed building that provides peace of mind with services like snow removal, landscaping, exterior upkeep, refuse disposal, and reserve funds, all covered by the condo fee. Ideally located, you'll be within moments of Peabody's revitalized downtown, offering a vibrant mix of restaurants, shops, and easy highway access. Don't miss the opportunity to own or invest in this well-appointed condo with a prime location!Move in ready and vacant a fourth floor unit overlooking the parking lot.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
1
Full Bathrooms
1
Living Area
707 sq ft
Total Rooms
3
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $320,000
Final Sale Price: $330,000
Difference: +$10,000 (+3.1%)
Performance Metrics
103.1%
List to Sale Ratio
Sold above asking price
23
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $453
Sale $/sq ft: $467
This property sold for $467 per square foot
Sale Summary

This property sold for 3.1% above the original asking price, indicating strong buyer demand.

With only 23 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
$467/sq ft
Area Average
$353/sq ft
Difference
+32.4%

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

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, Electric
Cooling Window Unit(s)
Flooring Laminate, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit, Washer Hookup
Features None

Exterior

Construction Brick
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features Off Street, Common, Driveway
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, Washer Hookup

Financial

Annual Tax $1,958
Assessed Value $214,700

Interior Features

Flooring: Laminate, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: In Unit, Washer Hookup
Security:

Construction & Materials

Year Built: 1988
Structure Type: Mid-Rise
Exterior Materials: Brick
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric
Heating Zones: 2
Cooling: Window Unit(s)
Cooling Zones: 1
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, Common, Driveway

Location

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Neighborhood

111 Foster St # 411, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $163
Homeowners Insurance $200
HOA Fee $376/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

3%
Price Range
25
Total Days on Market

Property Timeline

Sold
Dec 10, 2024
$330,000
Property sold
Days on Market: 25
🏠
Listed for Sale
Nov 9, 2024
$320,000
Original listing
Agent: Frank Pasciuto Office: Pasciuto and Associates

Price & Status History

Date Event Price Change
Nov 9, 2024 New Listing Added $320,000

Market Statistics

Days on Market
23 days
Price per Sq Ft
$467

Tax History

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

Financial Details

Annual Property Tax
$1,958
Tax Year 2024
HOA Fee
$376
Monthly
Assessed Value
$214,700

Listing Information

Listing Agent Frank Pasciuto
Listing Office Pasciuto and Associates
Agent MLS ID B0367814
Office MLS ID AN6511
Listing Data Updated Dec 10, 2024 7:28 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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Market Analytics for Peabody, MA

Real-time market trends and pricing data for this area

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