NOT LISTED FOR SALE

8 Macarthur Terrace Peabody, MA 01960

South Peabody Neighborhood

Estimated Value: $734,000 - $848,000

4 Beds
2 Baths
2,000 Sq Ft
$386/Sq Ft Est. Value

About This Home

This home is located at 8 Macarthur Terrace, Peabody, MA 01960 and is currently estimated at $771,107, approximately $385 per square foot. 8 Macarthur Terrace is a home located in Essex County with nearby schools including Peabody Veterans Memorial High School, North Shore Christian School, and St John The Baptist School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2019
Sold by
Mercurio Joseph and Mercurio Sara P
Bought by
Mercurio Joseph and Mercurio Sara P
Current Estimated Value
$771,107

Purchase Details

Closed on
Dec 4, 2017
Sold by
Ashburn Karen P
Bought by
Mercurio Joseph and Mielcarz-Meegan Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 1998
Sold by
Shipione Ronald L and Shipione Paula M
Bought by
Shanahan Maurice F and Ashburn Karen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,900
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1992
Sold by
Berry Mary L
Bought by
Shipione Ronald and Shipione Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mercurio Joseph -- --
Mercurio Joseph $430,000 --
Shanahan Maurice F $229,900 --
Shipione Ronald $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercurio Joseph $310,000
Previous Owner Shipione Ronald $200,000
Previous Owner Shipione Ronald $183,900
Previous Owner Shipione Ronald $80,000
Source: Public Records

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 $6,263 $676,300 $245,100 $431,200
2024 $5,450 $597,600 $245,100 $352,500
2023 $5,202 $546,400 $218,900 $327,500
2022 $5,042 $499,200 $195,500 $303,700
2021 $4,766 $454,300 $177,700 $276,600
2020 $4,794 $446,400 $177,700 $268,700
2019 $4,525 $411,000 $177,700 $233,300
2018 $4,375 $381,800 $161,500 $220,300
2017 $4,243 $360,800 $161,500 $199,300
2016 $3,795 $318,400 $161,500 $156,900
2015 $3,854 $313,300 $157,500 $155,800
Source: Public Records

Map

Massachusetts Essex County Peabody 01960 South Peabody

8 Macarthur Terrace, Peabody, MA

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