NOT LISTED FOR SALE

2 Ledgewood Way Unit 22 Peabody, MA 01960

Estimated Value: $450,000 - $480,000

2 Beds
3 Baths
1,241 Sq Ft
1980 Built

Last Sold October 16, 2012

Last sale price $212,000 $171 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,843/month

5 Days on Market

About This Home

As of October 2012

Welcome Home! Rare corner unit townhouse style condo. Loft area could be used as third bedroom or family room w/ bath, large closet and has separate entrance and balcony. This unit has a ton of storage and closet space. Large Master bedroom w/master bath and walk-in closet. Cathedral ceiling, large windows, central air, open lvrm/dining area. Corner unit with lovely view. In unit laundry room. Pool, clubhouse, and brand new tennis court. Minutes to Route 1 and 128, shopping, restaurants.

Last Listed By

Deborah Miller

Leading Edge Real Estate Listed on: 08/24/2012

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,526

Year Built

1980

Lot Details

0

Listing Details

  • Unit Level: 3
  • Unit Placement: Top/Penthouse, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 5
  • Amenities: Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School, University
  • Flooring: Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Intercom
  • Bedroom 2: First Floor, 10X11
  • Bathroom #1: First Floor, 8X5
  • Bathroom #2: First Floor, 8X5
  • Bathroom #3: Second Floor, 5X5
  • Kitchen: First Floor, 10X8
  • Laundry Room: First Floor, 9X5
  • Living Room: First Floor, 15X17
  • Master Bedroom: First Floor, 14X13
  • Master Bedroom Description: Bathroom - 3/4, Ceiling Fans, Walk-in Closet
  • Dining Room: First Floor, 9X10

Exterior Features

  • Exterior: Brick
  • Exterior Unit Features: Balcony

Garage/Parking

  • Parking: Deeded, Guest
  • Parking Spaces: 1

Utilities

  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • Condominium Name: Ledgewood Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Tennis Court, Clubroom, Extra Storage, Refuse Removal
  • Association Pool: Yes
  • Management: Professional - On Site
  • Pets Allowed: Yes w/ Restrictions (See Remarks)
  • No Units: 327
  • Unit Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2012
Closed on
Oct 16, 2012
Sold by
Allen Jean and Monico Jean E
Bought by
Fuller Kim
Seller's Agent
Deborah Miller
Leading Edge Real Estate
Buyer's Agent
Richard Lemay
Century 21 North East
List Price
$220,000
Sold Price
$212,000
Premium/Discount to List
-$8,000
-3.64%
Total Days on Market
5
Current Estimated Value
$459,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,779
Avg. Annual Appreciation
6.56%
Original Mortgage
$172,568
Outstanding Balance
$123,300
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$347,740

Purchase Details

Closed on
Sep 16, 1997
Sold by
Smith Donald A and Smith Elizabeth J
Bought by
Monico Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 1988
Sold by
Cushman S Eliz
Bought by
Heisler Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
10.18%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Fuller Kim $212,000 --
Monico Jean E $126,500 --
Heisler Martha J $135,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heisler Martha J $172,568
Previous Owner Heisler Martha J $85,000
Previous Owner Heisler Martha J $50,000
Previous Owner Heisler Martha J $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2012 10/16/12 Sold $212,000 -3.6% $171 / Sq Ft
08/29/2012 08/29/12 Pending -- -- --
08/24/2012 08/24/12 For Sale $220,000 -- $177 / 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 $3,526 $380,800 $0 $380,800
2024 $3,353 $367,700 $0 $367,700
2023 $3,271 $343,600 $0 $343,600
2022 $3,253 $322,100 $0 $322,100
2021 $3,198 $304,900 $0 $304,900
2020 $3,182 $296,300 $0 $296,300
2019 $2,790 $253,400 $0 $253,400
2018 $2,658 $231,900 $0 $231,900
2017 $2,601 $221,200 $0 $221,200
2016 $2,483 $208,300 $0 $208,300
2015 $2,437 $198,100 $0 $198,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71426601

MLS Property Information Network (MLS PIN)

APN: PEAB-000027-000000-000547