NOT LISTED FOR SALE

505 Lowell St Peabody, MA 01960

Estimated Value: $1,017,000 - $1,082,000

4 Beds
4 Baths
3,034 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $900,000 $297 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,283/month

27 Days on Market

Highlights

  • Spa
  • Attic
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Gazebo

About This Home

As of June 2021

Desirable location this 4 bedrooms, 3 1/2 baths is a must see, a place to call home! Hardwood floors through entire 1st and 2nd floor. On the first floor you will find an updated beautiful kitchen w/ stainless still appliances and new counter top, large family room with vaulted ceilings, a gas fireplace with beautiful view from the windows, a formal dinning room and a separate living room. Laundry and 1/2 bath also on first floor. The second floor has 3 bedrooms, 1 full bath AND an upgraded large master bedroom w/ a huge walk in closet. If you need extra space the attic can also be finished for an extra space. The basement was finished in 2015, it has a home office, a bonus room that can be used accordingly with your needs and a 3/4 bath. The outside is just so welcoming! It has a gazebo, a jacuzzi and a gourmet outside kitchen that stay w/ the house, just perfect for friends and family gatherings. Shed included.

Last Agent to Sell the Property

Luciane Ortis

Debella Realty Corp Listed on: 04/03/2021

Last Buyer's Agent

Steven Kfoury

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,148

Year Built

  • Built in 2008

Lot Details

  • Property is zoned R1B

Parking

  • 2 Car Garage

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile

Outdoor Features

  • Spa
  • Gazebo
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Water Heater

Additional Features

  • Attic
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0036 B:0008-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,148

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 301.55
  • Comp Based On: Net Sale Price
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Interior Amenities: Walk-up Attic
  • Appliances: Range, Dishwasher, Refrigerator, Vent Hood
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Third Floor
  • Bedroom 4: On Level: Fourth Floor
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • No Rooms: 10
  • Dining Room: On Level: First Floor
  • Family Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Basement: Y
  • Basement Features: Full, Finished, Interior Access, Garage Access
  • Other Room 1: Name: 1/4 Bath, On Level: First Floor
  • Other Room 2: Name: Home Office, On Level: Basement
  • Other Room 3: Name: 3/4 Bath, On Level: Basement
  • Other Room 4: Name: Bathroom, On Level: Second Floor
  • Other Room 5: Name: Bonus Room, On Level: Basement
  • Main Lo: AN4624
  • Main So: G95022
  • Estimated Sq Ft: 3034.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Hot Tub/Spa, Storage Shed, Gazebo
  • Foundation: Poured Concrete
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, Private School, Public School, T-Station

Lot Info

  • Assessments: 650100.00
  • Acre: 0.76
  • Lot Size: 33062.00
  • Page: 380
  • Parcel Number: M:0036 B:0008-A
  • Zoning: R1B
  • Lot Description: Paved Drive, Shared Drive, Level

Tax Info

  • Taxes: 6820.00
  • Assessor Parcel Number: 2099497
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Jun 15, 2021
Sold by
Ornelas Ana P and Ornelas Victor B
Bought by
Kfoury Steven and Laham Alexandra
Seller's Agent
Luciane Ortis
Debella Realty Corp
Buyer's Agent
Steven Kfoury
Keller Williams Realty
List Price
$914,900
Sold Price
$900,000
Premium/Discount to List
-$14,900
-1.63%
Current Estimated Value
$1,051,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,775
Avg. Annual Appreciation
3.31%
Original Mortgage
$720,000
Outstanding Balance
$663,120
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$370,945

Purchase Details

Closed on
Sep 15, 2015
Sold by
Ornelas Ana P
Bought by
Ornelas Victor B and Ornelas Ana P

Purchase Details

Listed on
Sep 16, 2014
Closed on
Dec 8, 2014
Sold by
Aiello David and Aiello Samantha
Bought by
Ornelas Ana P
Seller's Agent
Karen Bernier
Churchill Properties
Buyer's Agent
Soraya Abreu
Compass
List Price
$559,000
Sold Price
$555,000
Premium/Discount to List
-$4,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$470,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Franklin Pierce Llc
Bought by
Aiello David and Aiello Samantha
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
Kfoury Steven $900,000 None Available
Ornelas Victor B -- --
Ornelas Victor B -- --
Ornelas Ana P $555,000 --
Aiello David $480,000 --
Aiello David $480,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kfoury Steven $720,000
Closed Kfoury Steven $720,000
Previous Owner Ornelas Ana P $423,100
Previous Owner Aiello David $470,000
Previous Owner Aiello David $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $900,000 -1.6% $297 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $914,900 +64.8% $302 / Sq Ft
12/08/2014 12/08/14 Sold $555,000 0.0% $233 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
10/28/2014 10/28/14 Off Market $555,000 -- --
09/23/2014 09/23/14 For Sale $559,000 +0.7% $234 / Sq Ft
09/18/2014 09/18/14 Off Market $555,000 -- --
09/16/2014 09/16/14 For Sale $559,000 -- $234 / 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 $8,148 $879,900 $302,300 $577,600
2024 $7,622 $835,800 $302,300 $533,500
2023 $7,397 $777,000 $251,900 $525,100
2022 $7,151 $708,000 $219,100 $488,900
2021 $6,820 $650,100 $199,200 $450,900
2020 $6,649 $619,100 $199,200 $419,900
2019 $6,739 $612,100 $199,200 $412,900
2018 $6,520 $568,900 $177,900 $391,000
2017 $6,292 $535,000 $177,900 $357,100
2016 $5,954 $499,500 $177,900 $321,600
2015 $5,531 $449,700 $177,900 $271,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72808268

MLS Property Information Network (MLS PIN)

APN: PEAB-000036-000000-000008-A000000-A000000