NOT LISTED FOR SALE

40 Highland Park Peabody, MA 01960

Peabody Town Center Neighborhood

Estimated Value: $810,676 - $992,000

4 Beds
2 Baths
2,642 Sq Ft
$345/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $680,000 $257 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,658/month

7 Days on Market

Highlights

  • 0.25 Acre Lot
  • Enclosed Patio or Porch
  • 4 Car Garage
  • Wood Flooring
  • Laundry Room
  • Fenced

About This Home

As of August 2021

NEW - 2 Family Queen Anne style property located in sought after Peabody offers an abundance of old world charm and original details including a grand foyer entry, gorgeous original moldings, handrails, built in china cabinets, stain glass windows, and hardwood flooring . . . . just waiting for you to complete the restoration! Most all FHA/VA loans will not qualify due to knob & tube, peeling paint, etc. All showings are private by appointment and require notice. No sign. Do not walk the property grounds without list agent. Property is being sold as is. Buyers and their representatives are responsible to verify all listing information and perform their own due diligence. View interactive floor plan/tour. Showings begin Sunday. Email pre-approval and appointment request to list agent. Offers if any are due Wednesday 6/9 at 5:00 pm with 48 hour response time.

Last Agent to Sell the Property

Joyce Sullivan

Keller Williams Realty Evolution Listed on: 06/04/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Kerry Cheever

Cheever Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1890

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Level Lot

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,642 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number M:0075 B:0157,2104688
  • Tax Block 0157

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,671

Year Built

Built in 1890

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Vinyl,Varies Per Unit,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Storage), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room,Office/Den,Sunroom), Unit 2 Rooms(Dining Room,Kitchen,Family Room,Office/Den,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Sump Pump
  • Living Area: 2642
  • Stories Total: 3
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 226.72
  • PRICE PER Sq Ft: 257.38
  • MAIN SO: NB1265

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0075 B:0157,2104688
  • Zoning: R1A
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size Area: 0.25
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres
  • LOT SIZE: 10799
  • PAGE: 408

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5671
  • Tax Block: 0157
  • Tax Book Number: 9379
  • Tax Map Number: 0075

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 13, 2021
Sold by
Walach Dennis C
Bought by
Magno Nicole and Sheraj Arsen
Seller's Agent
Joyce Sullivan
Keller Williams Realty Evolution
Buyer's Agent
Kerry Cheever
Cheever Associates
List Price
$599,000
Sold Price
$680,000
Premium/Discount to List
$81,000
13.52%
Current Estimated Value
$911,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,169
Avg. Annual Appreciation
6.36%
Original Mortgage
$510,000
Outstanding Balance
$468,722
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$405,834
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
Magno Nicole $680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magno Nicole $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2021 08/13/21 Sold $680,000 +13.5% $257 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $599,000 -- $227 / 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 $8,786 $948,800 $224,400 $724,400
2024 $7,861 $861,900 $224,400 $637,500
2023 $7,795 $818,800 $195,100 $623,700
2022 $5,845 $578,700 $174,200 $404,500
2021 $5,671 $540,600 $158,400 $382,200
2020 $5,440 $506,500 $158,400 $348,100
2019 $5,451 $495,100 $158,400 $336,700
2018 $4,543 $396,400 $149,400 $247,000
2017 $4,462 $379,400 $149,400 $230,000
2016 $4,395 $368,700 $149,400 $219,300
2015 $4,194 $341,000 $149,800 $191,200
Source: Public Records

Agents Affiliated with this Home

  • Joyce Sullivan

    Seller's Agent in 2021

    Joyce Sullivan

    Keller Williams Realty Evolution

    (978) 852-5388

    6 in this area

    97 Total Sales

    Joyce Sullivan
    Section Image
  • Kerry Cheever

    Buyer's Agent in 2021

    Kerry Cheever

    Cheever Associates

    (978) 590-6421

    1 in this area

    28 Total Sales

    Kerry Cheever
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72843827

MLS Property Information Network (MLS PIN)

APN: PEAB-000075-000000-000157

Massachusetts Essex County Peabody 01960 Peabody Town Center

40 Highland Park, Peabody, MA

This home is located at 40 Highland Park, Peabody, MA 01960 since 04 June 2021 and is currently estimated at $911,169, approximately $344 per square foot. This property was built in 1890. 40 Highland Park 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.

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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