$281,000
SOLD JUL 2, 2013

1 Drake Way Unit 15 Peabody, MA 01960

Peabody Town Center Neighborhood
3 Beds
3 Baths
1,540 Sq Ft
2006 Built

Recently Sold

$182 Per Sq Ft

1% Below List Price

130 Days on Market

About This Home

As of September 2016

BACK ON THE MARKET ~ LAST CHANCE :Welcome to Peabody ~ number 8th in top 10 Healthiest Housing Markets in 2013 ! This fabulous townhouse with water views is ideal for...downsizing or starting out ~ has 3 bedrooms, 2 1/2 baths, open concept living room,eat - in modern kitchen 1 car garage with additional bonus room and storage in the basement. Great location, easy access to major routes,shopping center, dining, bike path, park and more. Very spacious, perfect for entertaining and move - in ready!

Last Agent to Sell the Property

Elizabeth Johns

Keller Williams Realty Evolution Listed on: 01/10/2013

Keller Williams Realty Evolution

Last Buyer's Agent

Julie Nelson

Noble Realty Partners LLC

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,612

Year Built

2006

Lot Details

0

Listing Details

  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Has Basement: Yes
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers
  • Bedroom 2: Second Floor, 12X9
  • Bedroom 3: Second Floor, 12X9
  • Bathroom #1: First Floor
  • Bathroom #2: Second Floor
  • Bathroom #3: Third Floor
  • Kitchen: First Floor, 14X11
  • Laundry Room: Second Floor
  • Living Room: First Floor, 21X14
  • Master Bedroom: Third Floor, 21X10
  • Master Bedroom Description: Window(s) - Bay/Bow/Box, Flooring - Wall to Wall Carpet, Closet - Walk-in, Bathroom - Full

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Exterior Unit Features: Deck

Garage/Parking

  • Garage Parking: Under
  • Garage Spaces: 1
  • Parking: Off-Street, Guest
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping, Snow Removal
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 17
  • Unit Building: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Sep 27, 2016
Sold by
Lopez Sallyann
Bought by
Masoud Feda
Seller's Agent
Julie Nelson
Noble Realty Partners LLC
Buyer's Agent
Eileen Hamblin
Leading Edge Real Estate
List Price
$320,000
Sold Price
$312,000
Premium/Discount to List
-$8,000
-2.5%
Current Estimated Value
$555,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,536
Avg. Annual Appreciation
6.72%
Original Mortgage
$302,640
Outstanding Balance
$247,066
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$308,135

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jul 2, 2013
Sold by
Cirame Joseph A
Bought by
Lopez Sallyann
Seller's Agent
Elizabeth Johns
Keller Williams Realty Evolution
Buyer's Agent
Julie Nelson
Noble Realty Partners LLC
List Price
$285,000
Sold Price
$281,000
Premium/Discount to List
-$4,000
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.28%
Original Mortgage
$272,570
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2010
Sold by
Double K 23 Llc
Bought by
Cirame Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,290
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $312,000 --
Not Resolvable $281,000 --
Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $302,640 New Conventional
Previous Owner $272,570 New Conventional
Previous Owner $251,391 No Value Available
Previous Owner $255,290 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $312,000 +0.7% $193 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/25/2016 07/25/16 Price Changed $309,900 -3.2% $191 / Sq Ft
07/08/2016 07/08/16 For Sale $320,000 +13.9% $198 / Sq Ft
07/02/2013 07/02/13 Sold $281,000 +0.4% $182 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
02/15/2013 02/15/13 Price Changed $279,900 -1.8% $182 / Sq Ft
01/10/2013 01/10/13 For Sale $285,000 -- $185 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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

  • Julie Nelson

    Seller's Agent in 2016

    Julie Nelson

    Noble Realty Partners LLC

    (978) 335-4939

    1 in this area

    20 Total Sales

    Section Image

  • E

    Buyer's Agent in 2016

    Eileen Hamblin

    Leading Edge Real Estate

    7 Total Sales

    Section Image
  • Elizabeth Johns

    Seller's Agent in 2013

    Elizabeth Johns

    Keller Williams Realty Evolution

    (978) 223-3247

    2 in this area

    15 Total Sales

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71470995

MLS Property Information Network (MLS PIN)

APN: PEAB-000074-000000-000914

Massachusetts Essex County Peabody 01960 Peabody Town Center

1 Drake Way Unit 15, Peabody, MA

This home is located at 1 Drake Way Unit 15, Peabody, MA 01960 and is currently priced at $281,000, approximately $182 per square foot. This property was built in 2006. 1 Drake Way Unit 15 is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School, St John The Baptist School, and The Phoenix School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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