NOT LISTED FOR SALE

88 Endicott St Peabody, MA 01960

Peabody Town Center Neighborhood

Estimated Value: $1,015,000 - $1,094,000

9 Beds
3 Baths
3,348 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $850,000 $254 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,067/month

12 Days on Market

About This Home

As of March 2023

Opportunity To Own This 3 FAMILY HOME in One Of The Hottest Markets On The Northshore! GREAT For Owner-Occupied Or Investment. Have The Tenant Help Pay Your Mortgage! Great location near Shopping Center and Schools nearby. Home features plenty of parking, updated kitchens and Hardwood Floors as well as potential for a 4th bedroom, Roof is newer.'Sold As-Is'

Last Agent to Sell the Property

Peggy Pratt

Century 21 North East Listed on: 02/01/2023

Century 21 North East

Co-Listed By

Eylen Arbelaez

Century 21 North East

Last Buyer's Agent

Corey Melkonian

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,554

Year Built

  • Built in 1900

Lot Details

  • 4,273

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,348 Sq Ft Home
  • Wood Flooring
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • 220 Volts
  • Gas Water Heater

Additional Features

  • Porch
  • 4,273 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $4,550
  • Assessor Parcel Number M:0074 B:0076B,2104202

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Building Details

  • Net Operating Income $54,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,554

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Walk-Out Access
  • Living Area: 3348
  • Stories Total: 9
  • MAIN LO: AN4339
  • MAIN SO: AN4281

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: 220 Volts
  • Water Source: Public
  • HEAT UNITS: 3

Lot Info

  • Parcel Number: M:0074 B:0076B,2104202
  • Zoning: R4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4273
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5554

Multi Family

  • Net Operating Income: 54600
  • Number Of Units Total: 3
  • Total Actual Rent: 4550
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 3: 3
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2005
Sold by
Pena Maria A
Bought by
Melendez Francisco O
Current Estimated Value
$1,037,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Couto Tr Antonio A and Delangis Evelyn
Bought by
Mejia Carmen Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Melendez Francisco O $465,000 --
Mejia Carmen Q $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Carmen Q $450,000
Closed Mejia Carmen Q $372,000
Closed Mejia Carmen Q $69,750
Previous Owner Mejia Carmen Q $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2023 03/30/23 Sold $850,000 -4.5% $254 / Sq Ft
02/14/2023 02/14/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $889,900 -- $266 / 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 $7,635 $824,500 $176,700 $647,800
2024 $6,824 $748,300 $176,700 $571,600
2023 $5,554 $583,400 $153,700 $429,700
2022 $5,407 $535,300 $137,200 $398,100
2021 $5,253 $500,800 $124,800 $376,000
2020 $5,026 $468,000 $124,800 $343,200
2019 $4,967 $451,100 $124,800 $326,300
2018 $3,969 $346,300 $117,700 $228,600
2017 $3,875 $329,500 $117,700 $211,800
2016 $3,819 $320,400 $117,700 $202,700
2015 $3,605 $293,100 $117,700 $175,400
Source: Public Records

Agents Affiliated with this Home

  • Peggy Pratt

    Seller's Agent in 2023

    Peggy Pratt

    Century 21 North East

    (781) 286-8900

    1 in this area

    175 Total Sales

    Peggy Pratt
    Section Image

  • E

    Seller Co-Listing Agent in 2023

    Eylen Arbelaez

    Century 21 North East

    (617) 501-6132

    1 in this area

    10 Total Sales

    Eylen Arbelaez
    Section Image
  • Corey Melkonian

    Buyer's Agent in 2023

    Corey Melkonian

    eXp Realty

    (617) 291-8232

    1 in this area

    42 Total Sales

    Corey Melkonian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73075165

MLS Property Information Network (MLS PIN)

APN: PEAB-000074-000000-000076-B000000-B000000

Massachusetts Essex County Peabody 01960 Peabody Town Center

88 Endicott St, Peabody, MA

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