Seller's Agent in 2024
Jean-Marie Minton
Keller Williams Realty Evolution
(617) 751-0312
1 in this area
16 Total Sales
16 Newcastle Rd Peabody, MA 01960
Peabody Town Center NeighborhoodEstimated Value: $596,000 - $683,000
3
Beds
2
Baths
1,643
Sq Ft
$386/Sq Ft
Est. Value
Highlights
- Cape Cod Architecture
- No HOA
- Dual Closets
- Wood Flooring
- 1 Car Detached Garage
- Hot Water Heating System
About This Home
As of February 2024Welcome home to 16 Newcastle in prestigious Gardner Park! On the market for the first time in 80 years, this spacious 1,634 sf. Cape is waiting for you and your signature style. The good bones are already in place with updated electric, copper piping, newer siding & windows, gas furnace. Hardwood floors, built-ins and original trim add to the vintage charm of this 3 bed/2 bath home. A full bath on each floor allows for multiple primary bedroom options and the huge second floor bedroom and full bath give the option of a spectacular bedroom/bath suite. The side driveway allows for ample off street parking and the large yard for entertaining family and friends. Attic space and a full basement give plenty of storage space. Live here and have easy access to routes 128, 114 and 95, Peabody's very own Mills 58, area malls, Bishop Fenwick High School and downtown Salem, just far enough away... Ice cream anyone? Treadwell's Ice Cream Shop is on the corner. Make 16 Newcastle YOUR new castle...
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 01/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,535
Year Built
- Built in 1925
Lot Details
- 5,367 Sq Ft Lot
- Property is zoned R1A
Parking
- 1 Car Detached Garage
- Driveway
- Open Parking
Home Design
- 1,643 Sq Ft Home
- Cape Cod Architecture
- Block Foundation
- Frame Construction
- Shingle Roof
Kitchen
- Stove
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Dual Closets
- 2 Full Bathrooms
Laundry
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Block Basement Construction
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 2103179
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2024
Closed on
Feb 29, 2024
Sold by
Thomas M Davis Irt and Atlas
Bought by
Mema Olger and Shengjoni Gerta
Seller's Agent
Jean-Marie Minton
Keller Williams Realty Evolution
Buyer's Agent
Armando Vranari
ALB Realty
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%
Views
149
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
$58,659
Avg. Annual Appreciation
4.49%
Original Mortgage
$391,000
Outstanding Balance
$386,342
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,783
Purchase Details
Closed on
Feb 2, 2018
Sold by
Davis Thomas M
Bought by
Thomas M Davis 2017 Ir M and Thomas Atlas
Purchase Details
Closed on
Mar 5, 1985
Bought by
Davis Thomas M and Davis Patricia S
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mema Olger | $575,000 | None Available | |
| Thomas M Davis 2017 Ir M | -- | -- | |
| Davis Thomas M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mema Olger | $391,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $575,000 | +15.0% | $350 / Sq Ft |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | For Sale | $500,000 | -- | $304 / 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 | $5,120 | $552,900 | $222,800 | $330,100 |
| 2024 | $4,673 | $512,400 | $222,800 | $289,600 |
| 2023 | $4,535 | $476,400 | $199,000 | $277,400 |
| 2022 | $3,971 | $393,200 | $177,700 | $215,500 |
| 2021 | $3,783 | $360,600 | $161,500 | $199,100 |
| 2020 | $3,961 | $368,800 | $161,500 | $207,300 |
| 2019 | $3,780 | $343,300 | $161,500 | $181,800 |
| 2018 | $3,572 | $311,700 | $146,800 | $164,900 |
| 2017 | $3,483 | $296,200 | $146,800 | $149,400 |
| 2016 | $3,415 | $286,500 | $146,800 | $139,700 |
| 2015 | $3,331 | $270,800 | $143,200 | $127,600 |
Source: Public Records
Agents Affiliated with this Home
-
Jean-Marie Minton
-
Armando Vranari
Buyer's Agent in 2024
Armando Vranari
ALB Realty
(978) 304-2625
16 in this area
83 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73196752
APN: PEAB-000065-000000-000310
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.
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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