48 Glendale Ave Peabody, MA 01960
South Peabody NeighborhoodEstimated Value: $663,000 - $700,000
4
Beds
2.5
Baths
1,600
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- No HOA
- Heating System Uses Propane
- Property is near public transit
- Shops
- 4-minute walk to Lakeshore Park
About This Home
As of November 2022A unique and rare opportunity awaits with a property featuring 2 separate living units on one lot! Located in the desirable Lakeshore Park neighborhood, the larger main home is updated and features 3 bedrooms and 1 full bathroom on the second level. On the first level you will love cooking in the newly remodeled kitchen (2021), dining room, living room, 1 half bathroom, and a laundry room enclosed with a beautiful sliding barn door. If extra space is what you need, the additional detached charming studio complete with a kitchen, and a bathroom is perfect for a home office, home gym or for additional family members. The fenced-in yard has ample space to create your own backyard oasis perfect for entertaining family and friends or for children or pets. This property is located near Brown's Pond, parks, restaurants, shopping and convenient for commuters. Great opportunity to take advantage of Peabody's low utility rates. All Offers will be reviewed on Tuesday, 8/23 at 2:00 p.m.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,294
Year Built
- Built in 1977
Lot Details
- 4,791 Sq Ft Lot
- Property is zoned R1A
Home Design
- 1,600 Sq Ft Home
- Manufactured Home on a slab
- Colonial Architecture
- Slab Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- Brown Elementary School
- Higgins Middle School
- Peabody High School
Utilities
- No Cooling
- Heating System Uses Propane
- Propane Water Heater
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
- Shops
Listing and Financial Details
- Assessor Parcel Number M:0124 B:0018,2111182
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 23, 2017
Closed on
Apr 28, 2017
Sold by
Kao Properties Llc
Bought by
Couto Alexander and Couto Antonio
Seller's Agent
Precision Property Brokers
Century 21 Tradition
Buyer's Agent
John Twomey
Harbor Rental & Realty
List Price
$409,900
Sold Price
$405,000
Premium/Discount to List
-$4,900
-1.2%
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,166
Avg. Annual Appreciation
6.40%
Purchase Details
Listed on
Sep 16, 2016
Closed on
Dec 14, 2016
Sold by
Reeves Marilyn G
Bought by
Kao Properties Llc
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
John Ladd
John Ladd
List Price
$279,900
Sold Price
$259,900
Premium/Discount to List
-$20,000
-7.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
231.64%
Original Mortgage
$275,000
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 27, 1971
Bought by
Reeves Bruce L and Reeves Marilyn G
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Couto Alexander | $405,000 | -- | |
| Kao Properties Llc | $259,900 | -- | |
| Reeves Bruce L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Santana Juan J | $608,770 | |
| Closed | Martin Daniel | $348,000 | |
| Previous Owner | Kao Properties Llc | $275,000 | |
| Previous Owner | Reeves Marilyn G | $177,200 | |
| Previous Owner | Reeves Bruce L | $211,000 | |
| Previous Owner | Reeves Bruce L | $168,661 | |
| Previous Owner | Reeves Bruce L | $152,750 | |
| Previous Owner | Reeves Bruce L | $110,891 | |
| Previous Owner | Reeves Bruce L | $88,537 | |
| Previous Owner | Reeves Bruce L | $37,562 | |
| Previous Owner | Reeves Bruce L | $36,583 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2022 11/01/22 | Sold | $620,000 | +3.3% | $388 / Sq Ft |
| 09/05/2022 09/05/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | Price Changed | $599,995 | -6.3% | $375 / Sq Ft |
| 07/13/2022 07/13/22 | For Sale | $639,999 | +58.0% | $400 / Sq Ft |
| 04/28/2017 04/28/17 | Sold | $405,000 | -1.2% | $235 / Sq Ft |
| 04/08/2017 04/08/17 | Pending | -- | -- | -- |
| 03/29/2017 03/29/17 | For Sale | $409,900 | 0.0% | $238 / Sq Ft |
| 03/29/2017 03/29/17 | Pending | -- | -- | -- |
| 03/23/2017 03/23/17 | For Sale | $409,900 | +57.7% | $238 / Sq Ft |
| 12/14/2016 12/14/16 | Sold | $259,900 | 0.0% | $208 / Sq Ft |
| 11/02/2016 11/02/16 | Pending | -- | -- | -- |
| 10/20/2016 10/20/16 | Price Changed | $259,900 | -7.1% | $208 / Sq Ft |
| 10/05/2016 10/05/16 | Price Changed | $279,900 | 0.0% | $224 / Sq Ft |
| 10/05/2016 10/05/16 | For Sale | $279,900 | -6.7% | $224 / Sq Ft |
| 09/21/2016 09/21/16 | Pending | -- | -- | -- |
| 09/16/2016 09/16/16 | For Sale | $299,900 | -- | $240 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $5,651 | $610,300 | $220,000 | $390,300 |
| 2024 | $5,300 | $581,100 | $220,000 | $361,100 |
| 2023 | $4,493 | $472,000 | $196,500 | $275,500 |
| 2022 | $4,294 | $425,100 | $175,500 | $249,600 |
| 2021 | $4,224 | $402,700 | $159,500 | $243,200 |
| 2020 | $4,256 | $396,300 | $159,500 | $236,800 |
| 2019 | $4,243 | $385,400 | $159,500 | $225,900 |
| 2018 | $3,839 | $335,000 | $145,000 | $190,000 |
| 2017 | $3,729 | $317,100 | $145,000 | $172,100 |
| 2016 | $3,819 | $320,400 | $145,000 | $175,400 |
| 2015 | $3,659 | $297,500 | $141,400 | $156,100 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Mastrocola
S
Seller's Agent in 2022
Stephanie Mastrocola
Lyv Realty
(781) 572-5966
2 in this area
15 Total Sales
-
Angela Cromosini
Seller Co-Listing Agent in 2022
Angela Cromosini
Lyv Realty
(508) 451-4245
1 in this area
33 Total Sales
-
P
Seller's Agent in 2017
Precision Property Brokers
Century 21 Tradition
-
Buyer's Agent in 2017
John Twomey
Harbor Rental & Realty
-
Sean Connelly
Seller's Agent in 2016
Sean Connelly
William Raveis R.E. & Home Services
(781) 631-2330
4 in this area
93 Total Sales
-
J
Buyer's Agent in 2016
John Ladd
John Ladd
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73011344
APN: PEAB-000124-000000-000018
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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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