16 Sachem Rd Peabody, MA 01960
West Peabody NeighborhoodEstimated Value: $956,000 - $978,000
5
Beds
3
Baths
2,836
Sq Ft
$342/Sq Ft
Est. Value
About This Home
This home is located at 16 Sachem Rd, Peabody, MA 01960 and is currently estimated at $968,745, approximately $341 per square foot. 16 Sachem Rd is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School and Covenant Christian Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 19, 2021
Sold by
Searcy Catherine and Searcy Don J
Bought by
Sheeder Ashley and Sheeder Jarrod M
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$264,618
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$704,127
Purchase Details
Closed on
Jun 28, 2005
Sold by
Machado Carlos and Machado Maria R
Bought by
Searcy Don and Searcy Catherine J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.59%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sheeder Ashley | $700,000 | None Available | |
| Sheeder Ashley L | $700,000 | None Available | |
| Searcy Don | $560,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sheeder Ashley L | $300,000 | |
| Closed | Sheeder Ashley | $300,000 | |
| Previous Owner | Searcy Don | $200,000 | |
| Previous Owner | Searcy Don | $448,000 |
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 | $8,226 | $888,300 | $318,800 | $569,500 |
| 2024 | $7,219 | $791,600 | $318,800 | $472,800 |
| 2023 | $6,916 | $726,500 | $265,700 | $460,800 |
| 2022 | $6,535 | $647,000 | $231,000 | $416,000 |
| 2021 | $6,523 | $621,800 | $210,000 | $411,800 |
| 2020 | $6,554 | $610,200 | $210,000 | $400,200 |
| 2019 | $5,998 | $544,800 | $210,000 | $334,800 |
| 2018 | $5,871 | $512,300 | $187,500 | $324,800 |
| 2017 | $5,879 | $499,900 | $187,500 | $312,400 |
| 2016 | $5,718 | $479,700 | $187,500 | $292,200 |
| 2015 | $5,394 | $438,500 | $187,500 | $251,000 |
Source: Public Records
Map
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