7 Gemma Dr Peabody, MA 01960
South Peabody NeighborhoodEstimated Value: $854,000 - $992,000
3
Beds
3
Baths
2,850
Sq Ft
$327/Sq Ft
Est. Value
About This Home
This home is located at 7 Gemma Dr, Peabody, MA 01960 and is currently estimated at $932,408, approximately $327 per square foot. 7 Gemma Dr is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School and North Shore Christian School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2025
Sold by
Melanaphy Dennis L and Melanaphy Frances D
Bought by
Reid Allen and Reid Melissa F
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,700
Outstanding Balance
$849,471
Interest Rate
6.76%
Mortgage Type
FHA
Estimated Equity
$82,937
Purchase Details
Closed on
Feb 28, 1995
Sold by
Maiuri Dev Corp
Bought by
Melanaphy Dennis
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reid Allen | $915,000 | None Available | |
| Melanaphy Dennis | $263,560 | -- | |
| Melanaphy Dennis | $263,560 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reid Allen | $854,700 |
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 | $8,025 | $866,600 | $298,400 | $568,200 |
| 2024 | $7,272 | $797,400 | $298,400 | $499,000 |
| 2023 | $6,876 | $722,300 | $248,700 | $473,600 |
| 2022 | $6,395 | $633,200 | $216,200 | $417,000 |
| 2021 | $6,335 | $603,900 | $196,600 | $407,300 |
| 2020 | $6,359 | $592,100 | $196,600 | $395,500 |
| 2019 | $6,116 | $555,500 | $196,600 | $358,900 |
| 2018 | $6,168 | $538,200 | $175,500 | $362,700 |
| 2017 | $5,667 | $481,900 | $175,500 | $306,400 |
| 2016 | $5,710 | $479,000 | $175,500 | $303,500 |
| 2015 | $5,863 | $476,700 | $175,500 | $301,200 |
Source: Public Records
Map
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