NOT LISTED FOR SALE

37 Oak St Peabody, MA 01960

Peabody Town Center Neighborhood

Estimated Value: $644,389 - $730,000

2 Beds
2 Baths
1,846 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $456,000 $247 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,217/month

5 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • 1 Fireplace
  • Porch

About This Home

As of September 2022

Investors and Builders take note! Endless possibilities for this spacious two family located in central Peabody. Oversized lot and ample parking. Amazing income potential! First floor unit is oversized and updated, with multiple egress options. Stainless appliances, convenient laundry hook ups in kitchen. Dining room located off kitchen (or could be used as home office). Bring your vision, the second floor needs work - but the space is there! One bed, one bath on both floors. Property being sold AS-IS. Located steps to all that downtown Peabody has to offer! This home will not qualify for FHA loans. Property being sold AS-IS. Showings begin at Open House!

Last Agent to Sell the Property

Sara Couris

Lamacchia Realty, Inc. Listed on: 08/02/2022

Co-Listed By

Hope Addorisio

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Last Buyer's Agent

Hope Addorisio

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1870

Lot Details

  • 5,314

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 1,846 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Porch
  • 5,314 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $850
  • Assessor Parcel Number M:0095 B:0075,2106822

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,518

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1870
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Other (See Remarks), Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 2 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Unfinished
  • Living Area: 1846
  • Stories Total: 3
  • MAIN LO: AN5767
  • LIST PRICE PER Sq Ft: 270.85
  • PRICE PER Sq Ft: 247.02
  • MAIN SO: AN5767

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Steam), Unit 2(Forced Air)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School

Lot Info

  • Parcel Number: M:0095 B:0075,2106822
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5314
  • Lot Size Units: Acres
  • PAGE: 122
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4518
  • Tax Book Number: 27168

Multi Family

  • Gross Income: 10200
  • Net Operating Income: 10200
  • Number Of Units Total: 2
  • Total Actual Rent: 850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2007
Sold by
Desrocher Tr Kathleen H and Ryan Richard H
Bought by
Ventresca Michael A and Ventresca Paul P
Current Estimated Value
$693,097
Source: Public Records

Range of Values:

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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
Ventresca Michael A $283,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Du Yuanyuan $342,000
Closed Ventresca Michael $314,400
Closed Ryan Richard $281,520
Closed Ryan Richard $285,375
Closed Ryan Richard $290,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $456,000 -8.8% $247 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $499,995 -- $271 / 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 $5,276 $569,800 $203,600 $366,200
2024 $5,511 $604,300 $203,600 $400,700
2023 $4,417 $464,000 $177,100 $286,900
2022 $4,518 $447,300 $158,100 $289,200
2021 $4,353 $415,000 $143,700 $271,300
2020 $4,320 $402,200 $143,700 $258,500
2019 $4,354 $395,500 $143,700 $251,800
2018 $3,634 $317,100 $135,600 $181,500
2017 $3,390 $288,300 $135,600 $152,700
2016 $2,993 $251,100 $135,600 $115,500
2015 $3,028 $246,200 $135,600 $110,600
Source: Public Records

Agents Affiliated with this Home

  • Sara Couris

    Seller's Agent in 2022

    Sara Couris

    Lamacchia Realty, Inc.

    (978) 210-3399

    1 in this area

    42 Total Sales

    Sara Couris
    Section Image
  • Hope Addorisio

    Seller Co-Listing Agent in 2022

    Hope Addorisio

    Lamacchia Realty, Inc.

    (978) 836-8434

    7 in this area

    54 Total Sales

    Hope Addorisio
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73020451

MLS Property Information Network (MLS PIN)

APN: PEAB-000095-000000-000075

Massachusetts Essex County Peabody 01960 Peabody Town Center

37 Oak St, Peabody, MA

This home is located at 37 Oak St, Peabody, MA 01960 since 02 August 2022 and is currently estimated at $693,097, approximately $375 per square foot. This property was built in 1870. 37 Oak 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.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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