7 Aspen Ln # 7, Peabody MA 01960

Peabody, MA 01960
$540,000
2
Beds
1.5
Baths
1,298
Sq Ft
$416
Price/Sq Ft
1972
Year Built
1
Garage Space
14
Days on Market
Sold Listed May 6, 2026 • MLS# 73514213 Copied! • Updated Jul 14, 2026

Track this home for price, status, and open-house alerts.

Sale Statistics

Sale Overview
Original List Price: $524,900
Final Sale Price: $540,000
Difference: +$15,100 (+2.9%)
Performance Metrics
102.9%
List to Sale Ratio
Sold above asking price
14
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $404
Sale $/sq ft: $416
This property sold for $416 per square foot
Sale Summary

This property sold for 2.9% above the original asking price, indicating strong buyer demand.

With only 14 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
$416/sq ft
Area Median
$465/sq ft
Difference
10.5%

This property sold below the area median, potentially representing good value for the buyer.

About this home

Welcome to the Arboretum, an amenity-rich community offering an inground pool, tennis and pickleball courts, bocce, and a putt-putt course. This 2 bedroom, 1.5 bath townhouse with a 1 car garage offers 1,298 sqft of thoughtfully designed living space over two levels. The split entrance design minimizes stairs within the unit. The kitchen features stainless steel appliances, tile flooring and countertops, white cabinetry, pantry storage, and a wine rack. The living and dining areas are open and highlighted by a fireplace with a white mantel, recessed lighting, and a slider leading to a private deck - perfect for relaxing. A half bath and laundry/utility room complete the main level. Upstairs offers a spacious primary bedroom with three closets including a walk-in, window seat storage, chair rail detail, and an in-room sink. The second bedroom is generously sized. The full bath features a handicap accessible tub/shower insert and completes this level. What a great condo and complex

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

2.8%
Price Range
1
Previous Sales

Property Timeline

📋
Status: Active under contract
May 9, 2026
Active → Active Under Contract
Pending Sale
May 9, 2026
Offer accepted, sale pending
🏠
Listed for Sale
May 7, 2026
$524,900
Original listing
Agent: Jeffrey Borstell Office: J. Borstell Real Estate, Inc.
Previous Transaction - MLS #73265656
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 27, 2024
$510,000
MLS #73265656

Tax History

Year Taxes Assessment
2025 $4,175 $450,900

Financial Details

Annual Property Tax
$4,175
Tax Year 2025
HOA Fee
$394
Monthly
Assessed Value
$450,900

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,298 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring None
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace Living Room
Fireplaces 1
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features Deck
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck
Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Dryer, Washer Hookup
Annual Tax $4,175
Assessed Value $450,900

HOA & Community

HOA Fee $394 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Grounds, Snow Removal, Trash
Amenities Pool, Putting Green, Tennis Court(s), Clubhouse
Optional Fee Includes None
Pets Yes
Seller Disclosures Seller Has Never Lived In The Property. Buyer And Buyers Agent Are Responsible For Verifying All Listing Details Before Submitting An Offer. Seller To Obtain The Required License To Sell. Closing To Occur On Or Before 60 Days; Anticipated Closing Timeline Is Approximately 45 Days.
Possession None
Accepted Financing None
Structure Type ["Townhouse"]
Unit/Building 7
Sq Ft Source Public Record
Sq Ft Disclosures Buyer and buyers agent to confirm sqft prior to offer submission
Documents Master Deed, Association Financial Statements, Other (see Remarks)
County Essex
Total market time (incl. prior listings) 17 days

Property Overview

Property Type
Condominium
Listing Type
Sold
Year Built
1972
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,298 sq ft
Total Rooms
5
Stories
2
Entry Level
1

Floor Layout

Interior Features

Flooring:
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security:

Construction & Materials

Year Built: 1972
Structure Type: Townhouse
Exterior Materials:
Roof:
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities:
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
2.6 mi
Grades PK-12
The Recreational Education Center, LLC
2.6 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
3.9 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-
Center School
0.5 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
1.1 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-
William A Welch Sr School
1.5 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
B-
Captain Samuel Brown School
1.7 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
Thomas Carroll School
1.8 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
C
John E. McCarthy School
2.5 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
3.3 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
0.8 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
C
Peabody Veterans Memorial High School
1.4 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
Bishop Fenwick High School
2.0 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
Learn about these ratings

Location

Loading map...

Neighborhood

7 Aspen Ln # 7, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Jeffrey Borstell
Listing Office J. Borstell Real Estate, Inc.
Office Phone 978-502-8045
Agent MLS ID CT002524
Office MLS ID G80038
Listing Data Updated Jul 14, 2026 12:14 PM EDT
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
BMN Boston Real Estate
Douglas Elliman
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Peabody, MA

Real-time market trends and pricing data for this area

Loading market insights for Peabody.