Welcome to this charming 2 bed, 1 bath ranch in Peabody! Featuring beautiful hardwood floors, this home offers a cozy and comfortable living space with great potential. Brand new on demand heating system. Roof less than 10 years old. The large basement provides endless possibilities for additional living space, a home office, or storage. Situated in a fantastic commuter location, just moments from Route 128, making your daily travels a breeze. This property is being sold as-is, offering a wonderful opportunity to put your personal touch on it. Don’t miss your chance to make this home your own!
Sale Statistics
Sale Overview
Original List Price:$550,000
Final Sale Price:$585,000
Difference:
+$35,000 (+6.4%)
Performance Metrics
106.4%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$299
Sale $/sq ft:$318
This property sold for $318 per square foot
Sale Summary
This property sold for 6.4% above the original asking price, indicating strong buyer demand.
With only 10 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
1967
Bedrooms
2
Full Bathrooms
1
Living Area
1,840 sq ft
Total Rooms
5
Interior Features
Flooring
Tile, Carpet, Hardwood
Heating
Baseboard, Natural Gas
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range
Laundry Features
In Basement
Basement Details
Full
Exterior & Structure
Construction Materials
Frame
Architectural Style
Ranch
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Porch, Porch - Enclosed, Storage
Patio/Porch Features
Porch, Porch - Enclosed
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.14 acres
Lot Size
6,229 sq ft
Lot Size Area
0.1400
Lot Features
Level
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Community & HOA
Community Features
Highway Access
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$4,670
Tax Year
2025
Tax Assessed Value
$504,300
Parcel Number
M:0100 B:0111,2107983
Zoning
R1B
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
Estate Sale..Sold As Is all offers are due by Monday February 17 at 6:00. Seller will respond by Thursday February 20 at 6:00
Location
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Neighborhood
171 Lynnfield St, Peabody MA 01960
Peabody, MA 01960
Walkability
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Schools
School information not available
Monthly Payment Calculator
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Estimated Monthly Payment$0
Payment Breakdown
Principal & Interest$0
Property Tax$389
Homeowners Insurance$200
PMI$0
Property History
Market Insights
6%
Price Range
11
Total Days on Market
Property Timeline
✓
Sold
Mar 26, 2025
$585,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Feb 8, 2025
$550,000
Original listing
Agent: Lisa M. CorrOffice: Advisors Living - Merrimac
