NOT LISTED FOR SALE

3 Summit Terrace Peabody, MA 01960

Estimated Value: $577,000 - $621,000

3 Beds
1 Bath
1,403 Sq Ft
$427/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $540,000 $385 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,536/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • Corner Lot
  • Stainless Steel Appliances

About This Home

As of June 2023

Great opportunity to own a cozy 3 bedroom, 1 bathroom home conveniently located in Peabody! Come inside to the sundrenched living room to find gleaming hardwood floors throughout the main living space. Exterior access right off the eat in kitchen leads to your spacious backyard. The kitchen offers stainless steel appliances and a space for a dining table. The main level also offers the primary bedroom, with ample closet space, as well as an additional bedroom and full bathroom. The second level offers a third bedroom, which could also work great as a secluded office space or flex room, and offers some more storage space! Need more room? Check out the family room in the basement, perfect for entertaining! Outside, a fully fenced in yard features a patio space and storage shed. Also, find a one car garage and plenty of parking for an additional 4 cars in the driveway. Additional upgrades include a new hot water heater, furnace, windows, doors, and insulation. Come see it for yourself!

Last Agent to Sell the Property

Rosalee DiScipio

Lamacchia Realty, Inc. Listed on: 03/29/2023

Lamacchia Realty, Inc.

Last Buyer's Agent

Denise Moynihan

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,877

Year Built

  • Built in 1950

Lot Details

  • 9,309 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Garden
  • Property is zoned R1A

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,403 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Insulated Windows
  • Window Screens
  • Dining Area
  • Storm Doors

Kitchen

  • Range
  • Stainless Steel Appliances

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Bulkhead
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near schools

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • 2 Cooling Zones
  • 1 Heating Zone
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0073 B:0034,2103779
  • Tax Block 0034

Community Details

Recreation

  • Park

Additional Features

  • No Home Owners Association
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,877

Year Built

Built in 1950

Lot Details

9,309 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape
  • Year Built: 1950
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Vinyl, Carpet, Hardwood
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Range,Refrigerator,Washer,Dryer, Electric Water Heater,Tank Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Cable Hookup
  • Room Bedroom3 Features: Flooring - Vinyl, Cable Hookup
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Family Room Level: Basement
  • Room Family Room Features: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Vinyl, Dining Area, Exterior Access, Stainless Steel Appliances
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Exterior Access
  • Basement: Partially Finished, Bulkhead
  • Living Area: 1403
  • Spa YN: No
  • Window Features: Insulated Windows, Screens
  • MAIN LO: AN2314
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Garden
  • Construction Materials: Conventional (2x4-2x6)
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer
  • Cooling: Window Unit(s), Wall Unit(s)
  • Heating: Hot Water, Oil, Electric
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Shopping, Park, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0073 B:0034,2103779
  • Zoning: R1A
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9309
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3877
  • Tax Block: 0034

Multi Family

  • Basement Included Sq Ft: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
Jun 30, 2023
Sold by
Orlando Katelyn E and Regan Wesley
Bought by
Pesaturo Andrea E
Seller's Agent
Rosalee DiScipio
Lamacchia Realty, Inc.
Buyer's Agent
Denise Moynihan
Coldwell Banker Realty - Lynnfield
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Views
114
Current Estimated Value
$599,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,646
Avg. Annual Appreciation
3.91%
Original Mortgage
$432,000
Outstanding Balance
$415,940
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$183,706

Purchase Details

Closed on
Nov 4, 2020
Sold by
Regan Wesley
Bought by
Orlando Katelyn E and Ould-Sahraouia Fatima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2015
Closed on
Aug 26, 2015
Sold by
Paras David M
Bought by
Regan Wesley
Seller's Agent
Joyce Cucchiara
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Joe Pinto
List Price
$249,900
Sold Price
$252,000
Premium/Discount to List
$2,100
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$239,400
Interest Rate
4.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Pesaturo Andrea E $540,000 None Available
Orlando Katelyn E -- None Available
Regan Wesley $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pesaturo Andrea E $432,000
Previous Owner Orlando Katelyn E $223,500
Previous Owner Regan Wesley $239,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2023 06/30/23 Sold $540,000 +2.9% $385 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/29/2023 03/29/23 For Sale $525,000 +108.3% $374 / Sq Ft
08/26/2015 08/26/15 Sold $252,000 0.0% $228 / Sq Ft View Prior Sale
08/10/2015 08/10/15 Pending -- -- --
06/26/2015 06/26/15 Off Market $252,000 -- --
06/17/2015 06/17/15 For Sale $249,900 -- $226 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,585 $495,100 $243,900 $251,200
2024 $4,193 $459,800 $243,900 $215,900
2023 $3,877 $407,300 $217,800 $189,500
2022 $3,710 $367,300 $194,500 $172,800
2021 $3,655 $348,400 $176,800 $171,600
2020 $3,377 $314,400 $176,800 $137,600
2019 $3,337 $303,100 $176,800 $126,300
2018 $3,053 $266,400 $160,700 $105,700
2017 $2,781 $236,500 $160,700 $75,800
2016 $2,845 $238,700 $160,700 $78,000
2015 $3,133 $254,700 $156,700 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73092746

MLS Property Information Network (MLS PIN)

APN: PEAB-000073-000000-000034

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