NOT LISTED FOR SALE

16 Martinack Ave Peabody, MA 01960

South Peabody Neighborhood

Estimated Value: $614,000 - $645,000

3 Beds
1 Bath
1,352 Sq Ft
$467/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $385,000 $285 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,744/month

36 Days on Market

About This Home

As of December 2018

.WELCOME HOME! ....Cozy 3 bedroom Gambrel located on a quiet street... Jogging trails, pond and park nearby... Great commuter location close to major highways, routes 128, 95 & 1... Outside features include front farmers porch, back deck overlooking level fenced-in yard, one car detached garage and good sized shed...GREAT VALUE AT THIS PRICE! Please allow 48 hours on all offers. Listing agent is related to seller. Sale subject to seller finding suitable housing..

Last Agent to Sell the Property

Michael Altri

Agent Referral Network License #449589435 Listed on: 09/16/2018

Last Buyer's Agent

Dottye Vaccaro

RE/MAX Encore

RE/MAX Encore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,066

Year Built

  • Built in 1920

Lot Details

  • 5,227

Parking

  • 1 Car Garage

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil

Additional Features

  • Porch
  • Property is zoned R1A
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0109 B:0329

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,066

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Gambrel /Dutch
  • Year Built Description: Actual
  • List Price Per Sq Ft: 295.78
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Fireplaces: 1
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • No Rooms: 6
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4339
  • Main So: B95079
  • Estimated Sq Ft: 1352.00

Exterior Features

  • Exterior Features: Porch
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 3
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 2

Condo/Co-op/Association

  • Amenities: Walk/Jog Trails

Lot Info

  • Assessments: 373900.00
  • Acre: 0.12
  • Lot Size: 5401.00
  • Page: 399
  • Parcel Number: M:0109 B:0329
  • Zoning: R1A
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 4285.00
  • Assessor Parcel Number: 2110084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2018
Closed on
Nov 26, 2018
Sold by
Altri Eric
Bought by
Sullivan Eric
Seller's Agent
Michael Altri
Agent Referral Network
Buyer's Agent
Dottye Vaccaro
RE/MAX Encore
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Current Estimated Value
$630,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,835
Avg. Annual Appreciation
7.30%
Original Mortgage
$308,000
Outstanding Balance
$271,355
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$359,480

Purchase Details

Closed on
Feb 23, 2018
Sold by
Sodano Carmine
Bought by
Altri Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Listed on
Aug 7, 2012
Closed on
Apr 12, 2013
Sold by
Altri Eric
Bought by
Sodano Carmine
Seller's Agent
Mike Becker
Atlantic Coast Homes,Inc
Buyer's Agent
Short Sales in MA Team
Atlantic Coast Homes,Inc
List Price
$324,900
Sold Price
$264,000
Premium/Discount to List
-$60,900
-18.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$250,800
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
American Intl Relocati
Bought by
Callinan Jill

Purchase Details

Closed on
Aug 31, 2000
Sold by
Dm Rt
Bought by
Oliveira Bert M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Buyer Sale Price Title Company
Sullivan Eric $385,000 --
Altri Eric D $308,000 --
Sodano Carmine $264,000 --
Callinan Jill $395,000 --
American Inatl Relocat $395,000 --
Oliveira Bert M $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Eric $308,000
Previous Owner Altri Eric D $308,000
Previous Owner Sodano Carmine $250,800
Previous Owner Oliveira Bert M $319,282
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2018 12/03/18 Sold $385,000 -3.7% $285 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
09/16/2018 09/16/18 For Sale $399,900 +51.5% $296 / Sq Ft
04/12/2013 04/12/13 Sold $264,000 0.0% $195 / Sq Ft View Prior Sale
02/11/2013 02/11/13 Pending -- -- --
02/02/2013 02/02/13 Off Market $264,000 -- --
12/14/2012 12/14/12 Price Changed $280,000 -1.8% $207 / Sq Ft
12/06/2012 12/06/12 Price Changed $285,000 -4.7% $211 / Sq Ft
10/03/2012 10/03/12 Price Changed $299,000 -3.5% $221 / Sq Ft
08/28/2012 08/28/12 Price Changed $309,900 -4.6% $229 / Sq Ft
08/07/2012 08/07/12 For Sale $324,900 -- $240 / 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 $5,066 $547,100 $223,100 $324,000
2024 $4,967 $544,600 $223,100 $321,500
2023 $4,473 $469,900 $199,200 $270,700
2022 $4,438 $439,400 $177,900 $261,500
2021 $3,914 $373,100 $161,700 $211,400
2020 $4,053 $377,400 $161,700 $215,700
2019 $4,013 $364,500 $161,700 $202,800
2018 $4,285 $373,900 $147,000 $226,900
2017 $3,911 $332,600 $147,000 $185,600
2016 $3,919 $328,800 $147,000 $181,800
2015 $3,453 $280,700 $143,300 $137,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Altri

    Agent Referral Network

    Section Image

  • D

    Buyer's Agent in 2018

    Dottye Vaccaro

    RE/MAX

    Section Image
  • Mike Becker

    Seller's Agent in 2013

    Mike Becker

    Atlantic Coast Homes,Inc

    (978) 590-4181

    77 Total Sales

    Mike Becker
    Section Image

  • S

    Buyer's Agent in 2013

    Short Sales in MA Team

    Atlantic Coast Homes,Inc

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72396365

MLS Property Information Network (MLS PIN)

APN: PEAB-000109-000000-000329

Massachusetts Essex County Peabody 01960 South Peabody

16 Martinack Ave, Peabody, MA

Not Listed for Sale

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