NOT LISTED FOR SALE

4 Summit St Peabody, MA 01960

Estimated Value: $477,000 - $593,000

4 Beds
1 Bath
1,564 Sq Ft
$341/Sq Ft Est. Value

Last Sold November 28, 2019

Last sale price $331,500 $212 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,229/month

6 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating System

About This Home

As of November 2019

Attention, contractors, builders, DIYers here's the great opportunity you've been waiting for! Remodel this adorable 4 bedroom Cape and gain some serious equity. First time home buyers, this is a very affordable and livable home to inhabit while you roll up your sleeves and making improvements. The possibilities are endless. Take advantage of Peabody's low taxes, municipal electric, good schools, thriving downtown, shopping, medical facilities and more. The convenient location will surely cut down on your commute to Boston, points north, west and to the seacoast. This home already has an open floor plan beautiful sun room and hardwood floors throughout. No heat in 4th bedroom. Showings begin at Open Houses Saturday,10/12, from 12-2 and Sunday, 10/13 from 12-2.

Last Agent to Sell the Property

Elizabeth Schultz

Century 21 North East Listed on: 10/09/2019

Century 21 North East

Last Buyer's Agent

DalBon & Company

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 1951

Lot Details

  • 8,276

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Water Holding Tank
  • Oil Water Heater

Additional Features

  • Range
  • Property is zoned R5
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0072 B:0033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,878

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 211.00
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1951
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Flooring: Vinyl, Hardwood
  • Appliances: Range, Refrigerator
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Hardwood, Main Level
  • Bedroom 2: On Level: First Floor, Closet, Flooring - Hardwood, Main Level
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 4: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Laminate
  • No Rooms: 7
  • Kitchen: On Level: First Floor, Flooring - Vinyl, Dining Area, Open Floor Plan
  • Living Room: On Level: First Floor, Flooring - Hardwood, Window(s) - Picture, Open Floor Plan
  • Basement: Y
  • Basement Features: Full, Crawl, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Other Room 1: Name: Sun Room, On Level: First Floor, Dimension: 13X12, Skylight, Ceiling - Cathedral, Ceiling Fan(s), Flooring - Stone/Ceramic Tile, Main Level
  • Main Lo: AN4339
  • Main So: C95098
  • Estimated Sq Ft: 1564.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood, Vinyl
  • Exterior Features: Patio, Gutters
  • Foundation: Poured Concrete
  • Foundation Size: 32x26 + 12x13
  • Insulation Feature: Blown In

Garage/Parking

  • Parking Feature: Off-Street, Tandem, On Street Permit, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Fuses
  • Heating: Central Heat, Forced Air, Oil
  • Heat Zones: 1
  • Hot Water: Oil, Tank
  • Utility Connections: for Electric Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Shopping, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship

Schools

  • Middle School: Higgins
  • High School: PVMHS

Lot Info

  • Assessments: 288100.00
  • Lot: 33
  • Acre: 0.19
  • Lot Size: 8107.00
  • Page: 35
  • Parcel Number: M:0072 B:0033
  • Zoning: R5
  • Lot Description: Paved Drive, Cleared, Gentle Slope

Green Features

  • Energy Features: Storm Doors

Tax Info

  • Taxes: 3172.00
  • Assessor Parcel Number: 2103529

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2019
Closed on
Nov 22, 2019
Sold by
Macphee Karen J and Magnet Kirk W
Bought by
Bramante and Doroci Regina
Seller's Agent
Elizabeth Schultz
Century 21 North East
Buyer's Agent
DalBon & Company
Keller Williams Realty Evolution
List Price
$330,000
Sold Price
$331,500
Premium/Discount to List
$1,500
0.45%
Current Estimated Value
$533,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,685
Avg. Annual Appreciation
8.18%
Original Mortgage
$211,500
Outstanding Balance
$188,117
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$332,901
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
Bramante $331,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bramante $211,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2019 11/28/19 Sold $331,500 +0.5% $212 / Sq Ft
10/15/2019 10/15/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $330,000 -- $211 / 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 $3,878 $418,800 $218,600 $200,200
2024 $3,550 $389,200 $218,600 $170,600
2023 $3,786 $397,700 $195,200 $202,500
2022 $3,626 $359,000 $174,300 $184,700
2021 $3,521 $335,700 $158,500 $177,200
2020 $3,315 $308,700 $158,500 $150,200
2019 $3,172 $288,100 $158,500 $129,600
2018 $2,988 $260,700 $144,100 $116,600
2017 $2,707 $230,200 $144,100 $86,100
2016 $2,728 $228,900 $144,100 $84,800
2015 $2,924 $237,700 $140,500 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72577357

MLS Property Information Network (MLS PIN)

APN: PEAB-000072-000000-000033