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Sold for $542,250
  • $542,250

    1 Drake Way Unit 13, Peabody, MA 01960

    3beds
    2baths
    1,540sqft
    Condo
    Built in 2006
    -- sqft lot
    $556,500 Zestimate®
    $352/sqft
    $3,797 Estimated rent

    Home value

    $556,500

    $506,000 - $612,000

    $3,797/mo

    Zestimate® history
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    $3,797/mo

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    $2,735/mo

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    $2,735/mo

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    What's special

    This spacious, serene, sparkling, and sunny 3-bedroom Peabody townhouse is a commuter's dream. Only 1 Owner! With plenty of privacy and accessibility to shopping, highways, restaurants, the location is absolutely perfect for first-timers, downsizers, professionals, and families. Spacious open floor plan is wonderful for entertaining your guests. Pristine kitchen boasts maple cabinets, stainless appliances, granite countertops, gleaming hardwood floors, recessed lighting, and a full pantry. Enjoy summer grilling and watching the seasons change from your private oversized deck overlooking Proctor Pond. Master bedroom suite with walk-in closet, full bath and sitting area on third floor for added privacy. Plenty of room for a home office! Utility room off of garage perfect for projects and additional storage. Large closets in each bedroom. Stackable laundry in the unit. New hot water heater installed in 2010. Nothing to do but move in and enjoy life at Drake Way!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2.5
    Heating
    • Other, Gas
    Interior area
    • Total interior livable area: 1,540 sqft

    Property

    Features
    • Exterior features: Other
    Details
    • Parcel number: PEABM0074B0912

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 2006

    Community & neighborhood

    Location
    • Region: Peabody

    Price history

    DateEventPrice
    8/29/2025Sold$542,250+73.8%$352/sqft
    Source: Public Record Report a problem
    5/13/2015Sold$312,000+17.3%$203/sqft
    Source: Public Record Report a problem
    3/17/2010Sold$266,000$173/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,382 +9.4%$473,200 +7.7%
    2024$4,007 +6%$439,400 +10.7%
    2023$3,779 $397,000
    2022$3,779 +8.9%$397,000 +20%
    2021$3,470 +1.7%$330,800 +4.2%
    2020$3,411 +4.1%$317,600 +6.7%
    2019$3,278 -1.7%$297,700 +2.3%
    2018$3,336 -1.1%$291,100 +1.5%
    2017$3,372 +12.5%$286,700 +14%
    2016$2,997 -1.3%$251,400 +1.8%
    2015$3,038 -0.8%$247,000
    2014$3,063 +10.4%$247,000 +6.6%
    2013$2,775 -3.4%$231,600 -4.7%
    2012$2,873 +2.1%$243,100
    2011$2,815 $243,100

    Find assessor info on the county website

    Neighborhood: 01960

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $556,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $556,500