NOT LISTED FOR SALE

5 Tremont St Peabody, MA 01960

Peabody Town Center Neighborhood

Estimated Value: $639,521 - $705,000

9 Beds
5 Baths
4,212 Sq Ft
$160/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $931,500 $221 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $4,100/month

7 Days on Market

About This Home

As of January 2022

Two homes on one lot. A rare opportunity for a 3 BR, 2 bath single family home along with a 3 unit building containing 2 bedroom apartments. Single family home in rear has it's own private backyard. The first floor offers a large kitchen, living and dining rooms and a full bath. The second floor has 3 generous bedrooms and an additional full bath. Front home offers 3 - 2 bedroom units. Units 1 and 2 are extremely large with full kitchens, dining area and living room along with 2 large bedrooms. Unit 3 is a half story unit containing eat in kitchen, living room and 2 bedrooms. Plenty of parking.

Last Agent to Sell the Property

DalBon & Company

Keller Williams Realty Evolution Listed on: 11/23/2021

Keller Williams Realty Evolution

Last Buyer's Agent

Jona Zepaj

Lyv Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,385

Year Built

  • 1880

Lot Details

  • 7,841

Parking

  • 1

Additional Features

  • Property has 1 Level
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,385

Year Built

1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Endicott to Central to Tremont
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1880

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Bulkhead, Dirt Floor
  • Total Bathrooms: 5
  • MAIN LO: C95098
  • LIST PRICE PER Sq Ft: 207.74
  • PRICE PER Sq Ft: 221.15
  • MAIN SO: NB4126
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 7

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Storage
  • Foundation Details: Concrete Perimeter, Stone, Brick/Mortar
  • Construction Type: Frame
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Heating: Unit 1(Forced Air,Oil), Unit 2(Hot Water Baseboard,Gas), Unit 3(Electric Baseboard), Unit 4(Hot Water Baseboard,Gas)
  • HEAT UNITS: 3
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Electric: Fuses, Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 8002
  • PAGE: 355
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7840.799999
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 2
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 20400
  • Property Net Operating Income: 20400
  • Number Of Units Total: 4
  • Total Actual Rent: 6600

Tax Info

  • Tax Annual Amount: 5249.2
  • Tax Book Number: 34638
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Furtado Domingos
Bought by
Five Tremont St Hldg Co L
Current Estimated Value
$675,380

Purchase Details

Closed on
Nov 4, 1997
Sold by
Chigas Paul A and Chigas Linda R
Bought by
Davis Jessie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Five Tremont St Hldg Co L -- None Available
Davis Jessie J $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chigas Linda R $125,000
Previous Owner Chigas Linda R $99,000
Previous Owner Chigas Linda R $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $931,500 +6.5% $221 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $875,000 -- $208 / 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 $5,385 $581,500 $184,600 $396,900
2024 $5,182 $568,200 $184,600 $383,600
2023 $5,085 $534,100 $160,500 $373,600
2022 $4,860 $481,200 $143,300 $337,900
2021 $4,903 $467,400 $130,300 $337,100
2020 $4,528 $421,600 $130,300 $291,300
2019 $3,737 $339,400 $130,300 $209,100
2018 $3,351 $292,400 $122,900 $169,500
2017 $3,610 $307,000 $122,900 $184,100
2016 $3,550 $297,800 $122,900 $174,900
2015 $3,247 $264,000 $122,900 $141,100
Source: Public Records

Agents Affiliated with this Home

  • DalBon & Company

    Seller's Agent in 2022

    DalBon & Company

    Keller Williams Realty Evolution

    (978) 882-4623

    3 in this area

    167 Total Sales

    DalBon & Company
    Section Image
  • Jona Zepaj

    Buyer's Agent in 2022

    Jona Zepaj

    Lyv Realty

    (978) 210-0813

    7 in this area

    73 Total Sales

    Jona Zepaj
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72922566

MLS Property Information Network (MLS PIN)

APN: PEAB-000075-000000-000186-A000000-A000000

Massachusetts Essex County Peabody 01960 Peabody Town Center

5 Tremont St, Peabody, MA

This home is located at 5 Tremont St, Peabody, MA 01960 since 23 November 2021 and is currently estimated at $675,380, approximately $160 per square foot. This property was built in 1880. 5 Tremont St 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.

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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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