NOT LISTED FOR SALE

1 Drake Way Peabody, MA 01960

Peabody Town Center Neighborhood

Estimated Value: $527,000 - $621,000

3 Beds
3 Baths
1,488 Sq Ft
$378/Sq Ft Est. Value

About This Home

This home is located at 1 Drake Way, Peabody, MA 01960 and is currently estimated at $562,085, approximately $377 per square foot. 1 Drake Way 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Stumpek Joshua D
Bought by
Patania Francesca M
Current Estimated Value
$562,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$340,634
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,451

Purchase Details

Closed on
Jul 23, 2013
Sold by
Sanford Moira L
Bought by
Sanford Moira L and Sanford Ralph D

Purchase Details

Closed on
Aug 17, 2007
Sold by
Ohc Warren Street Llc
Bought by
Spies Moira Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patania Francesca M $525,000 None Available
Sanford Moira L -- --
Spies Moira Lynnette $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patania Francesca M $350,000
Previous Owner Spies Moira Lynnette $194,000
Previous Owner Spies Moira Lynnette $320,000
Source: Public Records

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 $4,594 $496,100 $0 $496,100
2024 $4,202 $460,700 $0 $460,700
2023 $4,034 $423,700 $0 $423,700
2022 $3,804 $376,600 $0 $376,600
2021 $3,704 $353,100 $0 $353,100
2020 $3,641 $339,000 $0 $339,000
2019 $3,333 $302,700 $0 $302,700
2018 $3,392 $296,000 $0 $296,000
2017 $3,428 $291,500 $0 $291,500
2016 $2,994 $251,200 $0 $251,200
2015 $3,036 $246,800 $0 $246,800
Source: Public Records

Map

Massachusetts Essex County Peabody 01960 Peabody Town Center

1 Drake Way, Peabody, MA

This home is located at 1 Drake Way, Peabody, MA 01960 and is currently estimated at $562,085, approximately $377 per square foot. 1 Drake Way 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.

Nearby Homes