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8 Walnut Street # 118, Peabody MA 01960

Peabody, MA 01960
$283,500
Est. $2,084/month
1
Beds
1
Baths
886
Sq Ft
$320
Price/Sq Ft
2005
Year Built
21
Days on Market
Closed Listed Feb 19, 2020 • MLS# 72621043 Copied!

About this home

Spacious and stylish condo in Walnut Place! This can't be beat condo design offers additional square footage, open floor plan, hardwood flooring, high ceilings, new stainless steel kitchen appliances, granite counter-tops and new in-unit laundry. The generous size bedroom with walk-in-closet is sure to please with more than enough room to fit a king size bed. Private balcony with storage closet, central AC, off-street parking and pet friendly building add to value. Walnut Place is centrally located in close proximity to major highways, shopping, restaurants and Salem's commuter rail stop. Take advantage of Peabody's low real estate taxes and municipal electric costs.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2005
Bedrooms
1
Full Bathrooms
1
Living Area
886 sq ft
Total Rooms
4
Stories
1
Entry Level
1

Sale Statistics

Sale Overview
Original List Price: $284,500
Final Sale Price: $283,500
Difference: $1,000 (-0.4%)
Performance Metrics
99.6%
List to Sale Ratio
Sold below asking price
21
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $321
Sale $/sq ft: $320
This property sold for $320 per square foot
Sale Summary

This property sold for 0.4% below the original asking price.

With only 21 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 6 similar properties sold within 0.5 miles in the last 90 days

This Property
$320/sq ft
Area Average
$325/sq ft
Difference
1.5%

This property sold near the area average for similar homes.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2005
Living Area 886 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 4

Interior

Heating Central, Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Carpet, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Features Internet Available - Broadband

Exterior

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

Parking

Features Off Street
Total Spaces 1

Utilities

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

Financial

Annual Tax $2,486
Assessed Value $231,500

Interior Features

Flooring: Tile, Carpet, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Broadband
Windows: Insulated Windows
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup, First Floor, In Unit
Security: Intercom

Construction & Materials

Year Built: 2005
Structure Type: Garden, Mid-Rise, House
Exterior Materials: Modular
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Forced Air, Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Location

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Neighborhood

8 Walnut Street # 118, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

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
4.0 mi
Grades PK-12
The Recreational Education Center, LLC
4.0 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
5.3 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
Thomas Carroll School
0.5 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-
William A Welch Sr School
0.7 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
0.9 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
1.4 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
B-
Captain Samuel Brown School
1.9 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
3.9 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
4.7 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
Bishop Fenwick High School
1.0 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
Learn about these ratings

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 $207
Homeowners Insurance $200
HOA Fee $244/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

38.2%
Price Range
23
Total Days on Market
2
Previous Sales

Property Timeline

Previous Transaction - MLS #73363013
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 30, 2025
$364,000
MLS #73363013
Sold
Apr 30, 2020
$283,500
Property sold
Days on Market: 23
🏠
Listed for Sale
Feb 19, 2020
$284,500
Original listing
Agent: Maura Allard Office: Keller Williams Realty Evolution
Previous Transaction - MLS #72198617
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 13, 2017
$225,000
MLS #72198617

Price & Status History

Date Event Price Change
Jun 30, 2025 Sold $364,000
Feb 19, 2020 New Listing Added $284,500
Oct 13, 2017 Sold $225,000

Market Statistics

Days on Market
21 days
Price per Sq Ft
$320

Tax History

Year Taxes Assessment
2020 $2,486 $231,500

Financial Details

Annual Property Tax
$2,486
Tax Year 2020
HOA Fee
$244
Monthly
Assessed Value
$231,500

Listing Information

Listing Agent Maura Allard
Listing Office Keller Williams Realty Evolution
Agent MLS ID CN205613
Office MLS ID C95098
Listing Data Updated Apr 30, 2020 3:49 PM EDT
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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