38 Reed Rd Peabody, MA 01960
Estimated Value: $581,000 - $684,000
            
                3
                Beds
            
            
            
                1
                Bath
            
            
            
                1,168
                Sq Ft
            
            
                
                    $545/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 38 Reed Rd, Peabody, MA 01960 and is currently estimated at $637,017, approximately $545 per square foot. 38 Reed Rd is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School and St John The Baptist School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Jun 12, 2019
            
        
                Sold by
            
            
                Varela Ana N and Varela Jose L
            
        
                Bought by
            
            
                Jake Irt
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Jun 29, 1994
            
        
                Sold by
            
            
                Campbell James E and Campbell Dorothy M
            
        
                Bought by
            
            
                Varela Jose L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $65,000
            
        
                Interest Rate
            
            
                8.55%
            
        
                Mortgage Type
            
            
                Purchase Money Mortgage
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Jake Irt | -- | -- | |
| Varela Jose L | $155,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Varela Jose L | $50,000 | |
| Previous Owner | Varela Jose L | $62,550 | |
| Previous Owner | Varela Jose L | $65,000 | |
| Previous Owner | Varela Jose L | $20,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,706 | $508,200 | $297,500 | $210,700 | 
| 2024 | $4,668 | $511,800 | $297,500 | $214,300 | 
| 2023 | $4,707 | $494,400 | $248,000 | $246,400 | 
| 2022 | $4,270 | $422,800 | $215,600 | $207,200 | 
| 2021 | $4,310 | $410,900 | $196,000 | $214,900 | 
| 2020 | $4,140 | $385,500 | $196,000 | $189,500 | 
| 2019 | $3,655 | $332,000 | $196,000 | $136,000 | 
| 2018 | $3,602 | $314,300 | $175,000 | $139,300 | 
| 2017 | $3,113 | $264,700 | $175,000 | $89,700 | 
| 2016 | $3,001 | $251,800 | $175,000 | $76,800 | 
| 2015 | $3,132 | $254,600 | $175,000 | $79,600 | 
                Source: Public Records
                    
            
        Map
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