NOT LISTED FOR SALE

47 Newbury St Peabody, MA 01960

West Peabody Neighborhood
1.45 Acres
-- Price per Acre
63,162 Sq Ft Lot

Last Sold March 22, 2012

Last sale price $825,000 $229 Per Sq Ft

927 Days on Market

About This Lot

As of March 2012

SONIC FRANCHISE LOCATED NEXT DOOR - ROUTE 1 Peabody. GREAT FAST FOOD SITE! Construction ready, PAD site - 1.45 ACRE lot. Zoned for 250 seat RESTAURANT! All utilities, gas, electrical, cable, sewer, and gas stubbed on pad site. Adjacent BUSINESS DESTINATION HOTELS (3) totaling 460 rooms. Possibility to negotiate additional hotel weekend parking. Great access to site from Rte. 1 North or I 95 Connector, very close to jug handle turn-around.

Last Agent to Sell the Property

Steve Cefalo

Stephen Cefalo Real Estate Listed on: 09/06/2008

Last Buyer's Agent

Candice Hodgson

Lyv Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,165

Lot Details

  • 1.45 Acre Lot
  • Level Lot
  • Property is zoned BH

Utilities

  • Electricity To Lot Line

Listing and Financial Details

  • Assessor Parcel Number M:0078 B:0015A,2105375

Property Details

Property Type

Land

Est. Annual Taxes

$19,165

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: NB1896
  • MAIN SO: an4339

Exterior Features

  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: M:0078 B:0015A,2105375
  • Zoning: BH
  • Additional Parcels YN: No
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 1.45
  • Lot Size Area: 1.45
  • Lot Size Sq Ft: 63162
  • Lot Size Units: Acres
  • Number Of Lots: 1
  • LOT SIZE: 63162
  • PAGE: 600

Tax Info

  • Tax Year: 2008
  • Tax Annual Amount: 19165
  • Tax Book Number: 16238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2012
Sold by
Db Surf Inc
Bought by
47 Newbury World Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,075,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 20, 1988
Sold by
Fusco Julius L
Bought by
Garcia Luis M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
47 Newbury World Rt $862,500 --
Garcia Luis M $69,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 47 Newbury World Rt $3,962,000
Closed 47 Newbury World Rt $1,000,000
Closed 47 Newbury World Rt $1,708,000
Closed 47 Newbury World Rt $726,144
Closed Garcia Luis M $2,075,000
Closed Garcia Luis M $1,660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2012 03/22/12 Sold $825,000 -25.0% $229 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
09/06/2008 09/06/08 For Sale $1,100,000 -- $306 / 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 $61,895 $3,254,200 $1,176,400 $2,077,800
2024 $61,277 $3,254,200 $1,176,400 $2,077,800
2023 $54,960 $2,794,100 $1,004,000 $1,790,100
2022 $55,960 $2,647,100 $918,000 $1,729,100
2021 $62,438 $2,812,500 $918,000 $1,894,500
2020 $64,378 $2,812,500 $918,000 $1,894,500
2019 $66,628 $2,812,500 $918,000 $1,894,500
2018 $66,303 $2,750,000 $902,900 $1,847,100
2017 $63,812 $2,627,100 $902,900 $1,724,200
2016 $63,550 $2,627,100 $902,900 $1,724,200
2015 $77,430 $3,186,400 $902,900 $2,283,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Cefalo

    Seller's Agent in 2012

    Steve Cefalo

    Stephen Cefalo Real Estate

    (781) 789-5808

    15 Total Sales

    Steve Cefalo
    Section Image
  • Candice Hodgson

    Buyer's Agent in 2012

    Candice Hodgson

    Lyv Realty

    (978) 979-9964

    2 in this area

    171 Total Sales

    Candice Hodgson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 70816750

MLS Property Information Network (MLS PIN)

APN: PEAB-000078-000000-000015-A000000-A000000

Massachusetts Essex County Peabody 01960 West Peabody

47 Newbury St, Peabody, MA

This home is located at 47 Newbury St, Peabody, MA 01960 since 06 September 2008. 47 Newbury St is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School, Our Lady Of Assumption School, and Covenant Christian Academy.

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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