Seller's Agent in 2023
Amanda Armstrong
Compass
(978) 879-6322
3 in this area
229 Total Sales
1 Michelle Rd Peabody, MA 01960
South Peabody NeighborhoodEstimated Value: $962,000 - $1,040,817
3
Beds
2.5
Baths
2,751
Sq Ft
$369/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Custom Closet System
- Contemporary Architecture
- Open Floorplan
- Deck
- Property is near public transit
About This Home
As of April 2023Open Sat & Sun 10am-12pm. Custom designed and masterfully built to the highest of standards, with more than 2700 sq ft of living space, the owners have spared no expense in ensuring that this home operates efficiently and effectively, with oil heating, central AC, central vacuum, home security, and finished basement for in-home gym, office or entertainment. The home is bright and spacious with floor to ceiling windows, cathedral ceilings, semi open concept kitchen/dining, sprawling deck ideal for outdoor dining or entertaining. Features heated Gunite in-ground pool, perennial gardens with mature trees and plantings, fenced yard, two-car garage, ample storage and parking. Ideally located near all major routes north to NH and Maine and south to Boston, moments from downtown Peabody and its thriving commercial center and malls. Belying its urban location, the home is surrounded by numerous parks and trails and recreational sites, including Meadow Golf Course and scenic Bartholomew Pond.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,538
Year Built
- Built in 1993
Lot Details
- 0.27 Acre Lot
- Fenced
- Corner Lot
- Level Lot
- Sprinkler System
- Cleared Lot
- Property is zoned R1
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
- Workshop in Garage
- Side Facing Garage
- Tandem Parking
- Garage Door Opener
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,751 Sq Ft Home
- Open Floorplan
- Central Vacuum
- Wired For Sound
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Recessed Lighting
- Decorative Lighting
- Light Fixtures
- Insulated Windows
- Picture Window
- Sliding Doors
- Living Room with Fireplace
- Dining Area
- Home Security System
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Custom Closet System
- Cedar Closet
- Dual Closets
- Walk-In Closet
- Soaking Tub
- Bathtub with Shower
- Bathtub Includes Tile Surround
- Shower Only
- Separate Shower
- Linen Closet In Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Thermostat
- Whole House Vacuum System
Pool
- In Ground Pool
- Spa
Outdoor Features
- Bulkhead
- Deck
- Outdoor Storage
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Electric Baseboard Heater
- 200+ Amp Service
- Electric Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2110583
Community Details
Recreation
- Park
Additional Features
- No Home Owners Association
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2023
Closed on
Apr 27, 2023
Sold by
Hillcrest Acres Irret
Bought by
Egbe Edobor S and Omoruyi Omolayo
Seller's Agent
Amanda Armstrong
Compass
Buyer's Agent
Edobor Egbe
Edobor Real Estate
List Price
$995,000
Sold Price
$970,000
Premium/Discount to List
-$25,000
-2.51%
Views
383
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
$46,204
Avg. Annual Appreciation
1.80%
Original Mortgage
$625,000
Outstanding Balance
$608,276
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$407,928
Purchase Details
Closed on
Oct 21, 2009
Sold by
Berman Robert A and Berman Diane R
Bought by
Hillcrest Acres Irt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,600
Interest Rate
5.36%
Purchase Details
Closed on
Oct 28, 1993
Sold by
Maiuri Stephen M
Bought by
Berman Robert A and Berman Diane R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.86%
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 |
|---|---|---|---|
| Egbe Edobor S | $970,000 | None Available | |
| Hillcrest Acres Irt | -- | -- | |
| Berman Robert A | $237,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Egbe Edobor S | $625,000 | |
| Previous Owner | Berman Robert A | $192,600 | |
| Previous Owner | Berman Robert A | $105,000 | |
| Previous Owner | Berman Robert A | $100,000 | |
| Previous Owner | Berman Robert A | $72,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/27/2023 04/27/23 | Sold | $970,000 | -2.5% | $353 / Sq Ft |
| 03/30/2023 03/30/23 | Pending | -- | -- | -- |
| 03/15/2023 03/15/23 | For Sale | $995,000 | -- | $362 / 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 | $7,753 | $837,300 | $305,500 | $531,800 |
| 2024 | $7,000 | $767,500 | $305,500 | $462,000 |
| 2023 | $6,538 | $686,800 | $254,600 | $432,200 |
| 2022 | $6,306 | $624,400 | $221,400 | $403,000 |
| 2021 | $5,897 | $562,200 | $201,300 | $360,900 |
| 2020 | $6,250 | $581,900 | $201,300 | $380,600 |
| 2019 | $6,265 | $569,000 | $201,300 | $367,700 |
| 2018 | $6,043 | $527,300 | $179,700 | $347,600 |
| 2017 | $5,147 | $437,700 | $179,700 | $258,000 |
| 2016 | $5,664 | $475,200 | $179,700 | $295,500 |
| 2015 | $5,605 | $455,700 | $179,700 | $276,000 |
Source: Public Records
Agents Affiliated with this Home
-
Amanda Armstrong
-
Edobor Egbe
E
Buyer's Agent in 2023
Edobor Egbe
Edobor Real Estate
(857) 251-1717
1 in this area
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73087977
APN: PEAB-000115-000000-000353
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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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