Seller's Agent in 2021
Mark Vadala
Vadala Real Estate
(978) 490-0939
1 in this area
51 Total Sales
1 Drake Way Unit 11 Peabody, MA 01960
Peabody Town Center NeighborhoodEstimated Value: $528,000 - $574,000
3
Beds
2.5
Baths
1,620
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Medical Services
- 0.92 Acre Lot
- Landscaped Professionally
- Waterfront
- Open Floorplan
- Deck
About This Home
As of October 2021Rare opportunity to own at Drake Crossing! This 3-bedroom townhouse unit overlooks the Crowninshield Pond and features all the extras: gleaming hardwood flooring, an eat-in kitchen with granite counters, a center island, Stainless Steel appliances, an open concept dining room and living room with a slider to an 11' X 10' deck; 2 bedrooms, laundry and a full bath on the second floor; a top floor Master Suite with a sitting area, a walk-in closet and a spacious Master bath with an oversized shower. The ground floor level features a bonus room with a slider and views of the pond, perfect for bike or kayak storage, or use it as a home gym. Built in 2006 with ample storage, central A/C and garage parking! Pet friendly! Showings begin at the Open House, this Sunday 9/12 from 1-3pm. No appointment required.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,653
Year Built
- Built in 2006
Lot Details
- Waterfront
- Two or More Common Walls
- Landscaped Professionally
HOA Fees
- $377 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Tuck Under Parking
- Garage Door Opener
- Open Parking
- Off-Street Parking
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,620 Sq Ft Home
- 4-Story Property
- Open Floorplan
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Window Screens
- Sliding Doors
- Insulated Doors
- Bonus Room
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on third floor
- Walk-In Closet
- Pedestal Sink
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on upper level
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Thermostat
Outdoor Features
- Deck
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Higgins Middle School
- Pvmhs High School
Utilities
- Two cooling system units
- Forced Air Heating and Cooling System
- 2 Cooling Zones
- 2 Heating Zones
- Heating System Uses Natural Gas
- 100 Amp Service
- Electric Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Tax Lot 910
- Assessor Parcel Number M:0074 B:0910,4774307
Community Details
Overview
- Association fees include insurance, maintenance structure, ground maintenance, snow removal, trash
- 17 Units
- Drake Crossing Community
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Jogging Path
Pet Policy
- Breed Restrictions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 8, 2021
Closed on
Oct 1, 2021
Sold by
Mattos Kara A
Bought by
Huber Elizabeth
Seller's Agent
Mark Vadala
Vadala Real Estate
Buyer's Agent
The Quail Group
eXp Realty
List Price
$399,900
Sold Price
$445,000
Premium/Discount to List
$45,100
11.28%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,814
Avg. Annual Appreciation
5.89%
Original Mortgage
$250,000
Outstanding Balance
$230,436
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$323,378
Purchase Details
Listed on
Jun 5, 2012
Closed on
May 17, 2013
Sold by
Meagher Sean P and Meagher Nicole C
Bought by
Mattos Kara A
Seller's Agent
Joseph Militello
eXp Realty
Buyer's Agent
Mark Vadala
Vadala Real Estate
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$251,750
Interest Rate
9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 2010
Sold by
23 Double K Llc
Bought by
Meagher Sean P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huber Elizabeth | $445,000 | None Available | |
| Mattos Kara A | $265,000 | -- | |
| Meagher Sean P | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huber Elizabeth | $250,000 | |
| Previous Owner | Mattos Kara A | $247,500 | |
| Previous Owner | Meagher Sean P | $251,750 | |
| Previous Owner | Meagher Sean P | $251,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $445,000 | +11.3% | $275 / Sq Ft |
| 09/13/2021 09/13/21 | Pending | -- | -- | -- |
| 09/08/2021 09/08/21 | For Sale | $399,900 | +50.9% | $247 / Sq Ft |
| 05/17/2013 05/17/13 | Sold | $265,000 | 0.0% | $172 / Sq Ft |
| 05/14/2013 05/14/13 | Pending | -- | -- | -- |
| 11/01/2012 11/01/12 | Price Changed | $265,000 | +3.9% | $172 / Sq Ft |
| 09/27/2012 09/27/12 | Price Changed | $255,000 | +4.1% | $166 / Sq Ft |
| 07/23/2012 07/23/12 | Price Changed | $245,000 | -10.9% | $159 / Sq Ft |
| 06/05/2012 06/05/12 | For Sale | $275,000 | -- | $179 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,612 | $498,100 | $0 | $498,100 |
| 2024 | $4,218 | $462,500 | $0 | $462,500 |
| 2023 | $3,977 | $417,800 | $0 | $417,800 |
| 2022 | $3,751 | $371,400 | $0 | $371,400 |
| 2021 | $3,653 | $348,200 | $0 | $348,200 |
| 2020 | $3,589 | $334,200 | $0 | $334,200 |
| 2019 | $3,451 | $313,400 | $0 | $313,400 |
| 2018 | $3,511 | $306,400 | $0 | $306,400 |
| 2017 | $3,548 | $301,700 | $0 | $301,700 |
| 2016 | $3,154 | $264,600 | $0 | $264,600 |
| 2015 | $3,198 | $260,000 | $0 | $260,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
T
Buyer's Agent in 2021
The Quail Group
eXp Realty
(978) 406-9294
8 in this area
248 Total Sales
-
Seller's Agent in 2013
Joseph Militello
eXp Realty
(978) 815-3877
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72891645
APN: PEAB-000074-000000-000910
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