NOT LISTED FOR SALE

23 Hancock St Peabody, MA 01960

Peabody Town Center Neighborhood

Estimated Value: $707,000 - $923,000

6 Beds
3 Baths
2,535 Sq Ft
$337/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $750,000 $296 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,241/month

99 Days on Market

About This Home

As of February 2022

Investors will certainly be interested in this 3 family on one way street in Peabody close to Welch Elementary. One rent currently below average. One unit owner occupied . Each unit has 2 bedrooms, kitchen, living room and one bath. Off street parking for 5 vehicles. Restaurants, shopping and public transportation steps away .Washer and dryer in the basement for tenant use. Water heated by oil. Heat is baseboard by oil in top unit and by gas in the first floor units. Take advantage of the Peabody Municipal electric discounts. Possible block showings and private appointments with advanced notice. rental numbers include owners unit renting at $2,000/mo.

Last Agent to Sell the Property

Roberta Nelson

Classified Realty Group Listed on: 09/06/2021

Last Buyer's Agent

Christina Bray

Eureka Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,024

Year Built

  • 1800

Lot Details

  • 6,970

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,024

Year Built

1800

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Washington St to Hancock (one way street)
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1800

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Refrigerator), Oil Water Heater
  • Has Basement: Unfinished
  • Total Bathrooms: 3
  • MAIN LO: B95141
  • LIST PRICE PER Sq Ft: 295.86
  • PRICE PER Sq Ft: 295.86
  • MAIN SO: AN6181
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 4
  • Window Features: Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone, Other
  • Disclosures: Buyer/Buyers Agent To Do Own Due Diligence. One Unit Owner Occupied. Taw Rentals.. Topfloor Tenant Would Like To Stay If Possible. .Laundry In Basement ..Wall Tv's Do Not Stat. Tenants Personal Property Does Not Stay.
  • Exclusions: Tenants Personal Property.Owners Wall Tv's Do Not Stay
  • Lot Features: Level
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Oil)
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Public School
  • HOA Rent Includes: Unit 1(Electric,Hot Water), Unit 3(Electric,Hot Water)

Schools

  • Elementary School: Welch
  • High School: Peabody
  • Middle Or Junior School: Peabody

Lot Info

  • LOT SIZE: 6987
  • PAGE: 270
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6969.6
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1
  • Annual Gross Income: 41580
  • Property Net Operating Income: 41580
  • Number Of Units Total: 3
  • Total Actual Rent: 3465

Tax Info

  • Tax Annual Amount: 5750
  • Tax Block: 420
  • Tax Book Number: 37062
  • Tax Map Number: 95
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Feb 24, 2022
Sold by
Siopis Elias
Bought by
23 Hancock Peabody Llc
Seller's Agent
Roberta Nelson
Classified Realty Group
Buyer's Agent
Christina Bray
Eureka Homes LLC
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$854,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,547
Avg. Annual Appreciation
2.75%
Original Mortgage
$525,000
Outstanding Balance
$490,276
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$334,312

Purchase Details

Listed on
Jul 31, 2018
Closed on
Oct 4, 2018
Sold by
Robertson Derek T
Bought by
Siopis Elias
Seller's Agent
Ryan Wilson
Keller Williams Realty
Buyer's Agent
Elizabeth Smith
Keller Williams Realty Evolution
List Price
$550,000
Sold Price
$551,250
Premium/Discount to List
$1,250
0.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%
Original Mortgage
$541,020
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2003
Sold by
Vantassell William P
Bought by
Robertson Derek T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,450
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
23 Hancock Peabody Llc $750,000 None Available
Siopis Elias $551,250 --
Robertson Derek T $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 23 Hancock Peabody Llc $525,000
Previous Owner Siopis Elias $535,271
Previous Owner Siopis Elias $539,801
Previous Owner Siopis Elias $541,020
Previous Owner Robertson Derek T $285,500
Previous Owner Vantassell William P $373,450
Previous Owner Vantassell William P $88,735
Previous Owner Vantassell William P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $750,000 -3.2% $296 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
09/06/2021 09/06/21 For Sale $775,000 +40.6% $306 / Sq Ft
10/04/2018 10/04/18 Sold $551,250 +0.2% $217 / Sq Ft
08/10/2018 08/10/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $550,000 -- $217 / 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 $7,024 $758,500 $215,200 $543,300
2024 $6,485 $711,100 $215,200 $495,900
2023 $5,743 $603,300 $187,200 $416,100
2022 $5,835 $577,700 $167,100 $410,600
2021 $5,751 $548,200 $151,900 $396,300
2020 $5,564 $518,100 $151,900 $366,200
2019 $5,165 $469,100 $151,900 $317,200
2018 $3,959 $345,500 $143,300 $202,200
2017 $3,774 $320,900 $143,300 $177,600
2016 $3,783 $317,400 $143,300 $174,100
2015 $3,642 $296,100 $143,300 $152,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roberta Nelson

    Classified Realty Group

    (781) 910-2492

    2 in this area

    18 Total Sales

    Roberta Nelson
    Section Image
  • Christina Bray

    Buyer's Agent in 2022

    Christina Bray

    Eureka Homes LLC

    (617) 309-7357

    1 in this area

    20 Total Sales

    Christina Bray
    Section Image
  • Ryan Wilson

    Seller's Agent in 2018

    Ryan Wilson

    Keller Williams Realty

    (781) 424-6286

    2 in this area

    672 Total Sales

    Ryan Wilson
    Section Image
  • Elizabeth Smith

    Buyer's Agent in 2018

    Elizabeth Smith

    Keller Williams Realty Evolution

    (978) 302-0824

    2 in this area

    477 Total Sales

    Elizabeth Smith
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890354

MLS Property Information Network (MLS PIN)

APN: PEAB-000095-000000-000420

Massachusetts Essex County Peabody 01960 Peabody Town Center

23 Hancock St, Peabody, MA

This home is located at 23 Hancock St, Peabody, MA 01960 since 06 September 2021 and is currently estimated at $854,547, approximately $337 per square foot. This property was built in 1800. 23 Hancock St is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School, St John The Baptist School, and The Phoenix School.

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.

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