NOT LISTED FOR SALE

2 Ledgewood Way Unit 9 Peabody, MA 01960

Estimated Value: $358,000 - $375,000

1 Bed
1 Bath
794 Sq Ft
$318/mo HOA Fee

Last Sold March 24, 2021

Last sale price $285,000 $359 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,588/month

20 Days on Market

Highlights

  • Intercom
  • Central Air
  • Washer and Dryer
  • Tile Flooring

About This Home

As of March 2021

Desirable large 1 bedroom corner unit with open concept at Ledgewood Condominiums comes with 1 assigned uncovered outdoor parking space # 88. Unit has central AC, in unit laundry, 1 full bath with tub / shower, and an additional storage unit in lower level. Owner purchase a New Washer Dryer Combo unit that was installed approx. 1 month ago, a New Hot Water Heater installed less than 1 year ago. All Duct work was professionally Cleaned by and Sealed by Aspen Air Duct Cleaning 1 year ago, and a "Blue-Tube UV"- Germicidal UV light installed in duct, more info at freshaireuv. Showings are booked through ShowingTime. Note/Living Room Sofas, coffee table and end tables are for sale.This is a NO SMOKING UNIT and PETS need Board approval.Offers must include pre approval or proof of funds, signed mandatory disclosure, signed lead transfer. Covid guidelines followed a showings.

Last Listed By

Mitchell Rosenwald

Listed on: 01/20/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1980

Lot Details

  • Year Round Access

HOA Fees

  • $318 per month

Kitchen

  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,909

Year Built

Built in 1980

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Garden, Mid-Rise
  • Other Agent: 1.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 363.98
  • Comp Based On: Net Sale Price
  • Year Built: 1980
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 9
  • Unit Level: 1
  • Unit Placement: Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1980

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Interior Amenities: Cable Available, Intercom
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer / Dryer Combo
  • No Bedrooms: 1
  • Master Bedroom: On Level: First Floor, Closet - Walk-in, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • No Rooms: 3
  • Dining Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Open Floor Plan
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Breakfast Bar / Nook, Open Floor Plan
  • Laundry: On Level: First Floor, Dryer Hookup - Electric, Washer Hookup
  • Laundry Features: In Unit
  • Living Room: On Level: First Floor, Flooring - Wall to Wall Carpet, Open Floor Plan
  • No Living Levels: 1
  • Main Lo: AN4305
  • Main So: AC1784
  • Estimated Sq Ft: 794.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Brick
  • Exterior Unit Features: Patio
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air, Heat Pump
  • Cooling Zones: 1
  • Heating: Heat Pump, Electric
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Public School
  • HOA Fees: 318.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Clubroom, Extra Storage, Refuse Removal, Management Fee
  • Condo Association: Yes
  • Association Pool: Yes
  • Association Security: Intercom
  • Management: Professional - On Site

Association/Amenities

  • Condominium Name: Ledgewood Condominiums

Lot Info

  • Assessments: 251400.00
  • Page: 575
  • Zoning: BR

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2653.07
  • Assessor Parcel Number: 2098582
  • Tax Year: 2021

Multi Family

  • No Units: 327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 24, 2021
Sold by
Unit A5 Purchase St Rt
Bought by
Corcoran Daniel J
Seller's Agent
Mitchell Rosenwald
Buyer's Agent
Bob Corcoran
Corcoran Realty
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Total Days on Market
20
Current Estimated Value
$365,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,810
Avg. Annual Appreciation
6.24%
Original Mortgage
$279,837
Outstanding Balance
$255,483
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
$110,458

Purchase Details

Listed on
Nov 25, 2019
Closed on
Dec 27, 2019
Sold by
Allen Rt
Bought by
Unit A5 Purchase St Rt
Seller's Agent
Debora LaPorte
Coldwell Banker Realty - Beverly
Buyer's Agent
Mitchell Rosenwald
List Price
$289,000
Sold Price
$278,500
Premium/Discount to List
-$10,500
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Beacon Close Rt
Bought by
Allen Rt

Purchase Details

Closed on
Apr 15, 2004
Sold by
Joy Brenda E
Bought by
Beacon Close Rt

Purchase Details

Closed on
Dec 29, 1995
Sold by
Michaud Arlene G
Bought by
Cardillo Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Corcoran Daniel J $285,000 None Available
Unit A5 Purchase St Rt $278,500 None Available
Allen Rt $178,900 --
Beacon Close Rt $191,000 --
Cardillo Patrick M $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corcoran Daniel J $279,837
Previous Owner Cardillo Patrick M $79,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $285,000 -1.4% $359 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/03/2021 02/03/21 Price Changed $289,000 -3.7% $364 / Sq Ft
01/20/2021 01/20/21 For Sale $300,000 +7.7% $378 / Sq Ft
12/27/2019 12/27/19 Sold $278,500 -3.6% $351 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
11/25/2019 11/25/19 For Sale $289,000 -- $364 / 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 $2,909 $314,100 $0 $314,100
2024 $2,765 $303,200 $0 $303,200
2023 $2,697 $283,300 $0 $283,300
2022 $2,683 $265,600 $0 $265,600
2021 $2,637 $251,400 $0 $251,400
2020 $2,414 $224,800 $0 $224,800
2019 $2,209 $200,600 $0 $200,600
2018 $2,104 $183,600 $0 $183,600
2017 $2,059 $175,100 $0 $175,100
2016 $1,966 $164,900 $0 $164,900
2015 $1,937 $157,500 $0 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72776972

MLS Property Information Network (MLS PIN)

APN: PEAB-000027-000000-000534