1 Drake Way Unit 11 Peabody, MA 01960
Peabody Town Center Neighborhood
3
Beds
2.5
Baths
1,620
Sq Ft
$377/mo
HOA Fee
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
5.85%
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
Similar Homes in Peabody, MA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $445,000 | None Available | |
| Not Resolvable | $265,000 | -- | |
| Deed | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | Purchase Money Mortgage | |
| Previous Owner | $247,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $251,750 | New Conventional | |
| Previous Owner | $251,750 | Purchase Money Mortgage |
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
-
Seller's Agent in 2021
Mark Vadala
Vadala Real Estate
(978) 490-0939
1 in this area
51 Total Sales
-
T
Buyer's Agent in 2021
The Quail Group
eXp Realty
(978) 406-9294
8 in this area
246 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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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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