NOT LISTED FOR SALE

56 Summit St Peabody, MA 01960

Estimated Value: $551,796 - $629,000

3 Beds
1 Bath
1,094 Sq Ft
$538/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $275,000 $251 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $3,457/month

108 Days on Market

About This Home

As of May 2013

This house has been renovated for todays buyer . Look no further if you are seeking nice workmanship, quality upgrades and affordability. NEW Open concept kitchen /family room. Bisque cabinets and new appliances. Bright and sunny in every room. Located on a dead end street. Schedule a showing today if you want to see great value.

Last Agent to Sell the Property

Karin Gitto

Bancroft Realty Group Listed on: 02/01/2013

Last Buyer's Agent

Jaime Kidston and Bri Grady

Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.

Home Details

Home Type

Single Family

Year Built

1949

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Lot Description: Paved Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Has Basement: No
  • Number of Rooms: 6
  • Amenities: Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School
  • Electric: 100 Amps
  • Flooring: Tile, Wall to Wall Carpet, Laminate
  • Interior Amenities: Cable Available
  • Bedroom 2: First Floor, 9X11
  • Bedroom 3: First Floor, 9X9
  • Kitchen: First Floor, 16X11
  • Living Room: First Floor, 11X10
  • Master Bedroom: Second Floor, 18X9

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck, Storage Shed

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Electric
  • Utility Connections: for Electric Range, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2013
Closed on
May 31, 2013
Sold by
Gitto-Harring Karin
Bought by
Dunn Mark A and Williams-Dunn Leslie R
Seller's Agent
Karin Gitto
Bancroft Realty Group
Buyer's Agent
Jaime Kidston and Bri Grady
Coldwell Banker Residential Brokerage - Cambridge - Huron Ave.
List Price
$289,900
Sold Price
$275,000
Premium/Discount to List
-$14,900
-5.14%
Current Estimated Value
$588,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,449
Avg. Annual Appreciation
6.11%
Original Mortgage
$260,500
Outstanding Balance
$184,974
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$403,475

Purchase Details

Listed on
Jul 19, 2012
Closed on
Oct 26, 2012
Sold by
Fnma
Bought by
Harring Karin Gitto
Seller's Agent
Matthew Newhall
Century 21 Tradition - Georgetown
Buyer's Agent
Karin Gitto
Bancroft Realty Group
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.40%

Purchase Details

Closed on
Jun 21, 2012
Sold by
Vecchio Andrew
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 23, 2003
Sold by
Levasseur Richard T
Bought by
Vecchio Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Dunn Mark A $275,000 --
Harring Karin Gitto $175,000 --
Federal National Mortgage Association $268,043 --
Vecchio Andrew $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Mark A $260,500
Previous Owner Vecchio Andrew $25,000
Previous Owner Vecchio Andrew $247,000
Previous Owner Vecchio Andrew $195,200
Previous Owner Vecchio Andrew $48,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2013 05/31/13 Sold $275,000 0.0% $251 / Sq Ft
05/20/2013 05/20/13 Pending -- -- --
04/02/2013 04/02/13 Price Changed $274,900 -1.8% $251 / Sq Ft
03/18/2013 03/18/13 Price Changed $279,900 0.0% $256 / Sq Ft
03/07/2013 03/07/13 Price Changed $280,000 -1.7% $256 / Sq Ft
03/04/2013 03/04/13 Price Changed $284,900 -1.7% $260 / Sq Ft
02/01/2013 02/01/13 For Sale $289,900 +65.7% $265 / Sq Ft
10/25/2012 10/25/12 Sold $175,000 +3.0% $160 / Sq Ft View Prior Sale
10/13/2012 10/13/12 Pending -- -- --
09/17/2012 09/17/12 For Sale $169,900 0.0% $155 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
07/19/2012 07/19/12 For Sale $169,900 -- $155 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,345 $469,200 $208,300 $260,900
2024 $3,954 $433,600 $208,300 $225,300
2023 $4,028 $423,100 $186,000 $237,100
2022 $3,881 $384,300 $166,100 $218,200
2021 $3,733 $355,900 $151,000 $204,900
2020 $3,527 $328,400 $151,000 $177,400
2019 $3,542 $321,700 $151,000 $170,700
2018 $3,272 $285,500 $137,300 $148,200
2017 $3,029 $257,600 $137,300 $120,300
2016 $3,072 $257,700 $137,300 $120,400
2015 $3,140 $255,300 $133,800 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71478523

MLS Property Information Network (MLS PIN)

APN: PEAB-000072-000000-000041

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