Skip main navigation
Sold for $555,000
  • $555,000

    1 Drake Way Unit 16, Peabody, MA 01960

    3beds
    1,620sqft
    Condominium, Townhouse
    Built in 2006
    -- sqft lot
    $569,500 Zestimate®
    $343/sqft
    $3,879 Estimated rent

    Home value

    $569,500

    $518,000 - $626,000

    $3,879/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $3,879/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $3,879/mo

    Rent Zestimate®

    Refinance and save

    $3,917/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,917/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Move-in Ready. Fantastic well-maintained 3 Bedroom multi-level townhouse with spectacular water views! The first level has attached 1-car garage and basement storage/utilities space plus a Foyer/Mudroom. On the 2nd level, you will find a spacious open-concept floor plan that seamlessly connects the modern kitchen with center island to dining space and a sun-drenched living room. Gleaming hardwood floors throughout this level. Layout is perfect for entertaining or relaxing with family. A private balcony off the living room allows you to gaze upon the beautiful outdoor space. You can relax and watch the ducks on nearby Crowninshield Pond! A half bath completes this floor. The 3rd level boasts 2 large bedrooms, laundry, and a Full Bath. When you go up to the top 4th level, be prepared for a huge front to back primary suite with a full bath and a walk-in closet. Built in 2006, Drake Crossing is a pet-friendly complex & homeowners rarely move out, so act quickly to grab this rare find.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Mango 781-820-3530,

    StartPoint Realty 978-422-3999

    Bought with:

    Richard Powers

    Toner Real Estate, LLC

    Source: MLS PIN,MLS#: 73328615

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
    • Level: Fourth Floor
    • Area: 219.56
    • Dimensions: 20.58 x 10.67
    Bedroom 2
    • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
    • Level: Third
    • Area: 117.81
    • Dimensions: 12.08 x 9.75
    Bedroom 3
    • Features: Ceiling Fan(s), Flooring - Wall to Wall Carpet
    • Level: Third
    • Area: 137.36
    • Dimensions: 14.33 x 9.58
    Primary bathroom
    • Features: Yes
    Bathroom 1
    • Features: Bathroom - Half, Flooring - Stone/Ceramic Tile
    • Level: Second
    • Area: 22.17
    • Dimensions: 4.75 x 4.67
    Bathroom 2
    • Features: Bathroom - Full
    • Level: Third
    • Area: 36.67
    • Dimensions: 7.33 x 5
    Bathroom 3
    • Features: Bathroom - Full
    • Level: Fourth Floor
    • Area: 47.87
    • Dimensions: 9.42 x 5.08
    Dining room
    • Features: Flooring - Hardwood, Open Floorplan
    • Level: Second
    • Area: 83.56
    • Dimensions: 10.67 x 7.83
    Kitchen
    • Features: Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan
    • Level: Second
    • Area: 162.44
    • Dimensions: 14.33 x 11.33
    Living room
    • Features: Flooring - Hardwood, Open Floorplan
    • Level: Second
    • Area: 192.31
    • Dimensions: 14.33 x 13.42
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
    • Laundry: Laundry Closet, Electric Dryer Hookup, Washer Hookup, Third Floor, In Unit
    Features
    • Foyer
    • Flooring: Tile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
    • Has basement: Yes
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 1,620
    • Total interior livable area: 1,620 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Under, Garage Door Opener, Storage, Garage Faces Side, Off Street, Tandem, Assigned, Deeded, Guest, Paved
    • Attached garage spaces: 1
    • Uncovered spaces: 1
    Accessibility
    • Accessibility features: No
    Features
    • Entry location: Unit Placement(Upper,Walkout)
    • Patio & porch: Deck - Wood
    • Exterior features: Balcony / Deck, Deck - Wood, Balcony, Professional Landscaping
    • Has view: Yes
    • View description: Water, Pond
    • Has water view: Yes
    • Water view: Pond,Water
    • Waterfront features: Waterfront, Pond
    Details
    • Parcel number: 0740915,4688153
    • Zoning: R4

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Condominium, Townhouse
    Materials
    • Frame, Stone
    • Roof: Shingle
    Condition
    • Year built: 2006

    Utilities & green energy

    • Electric: 110 Volts, 220 Volts, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping
    Location
    • Region: Peabody

    HOA & financial

    HOA
    • HOA fee: $447 monthly
    • Services included: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal

    Price history

    DateEventPrice
    2/26/2025Sold$555,000-1.8%$343/sqft
    Source: MLS PIN #73328615 Report a problem
    1/29/2025Contingent$564,900$349/sqft
    Source: MLS PIN #73328615 Report a problem
    1/23/2025Listed for sale$564,900+19.2%$349/sqft
    Source: MLS PIN #73328615 Report a problem
    9/26/2022Sold$474,000+3%$293/sqft
    Source: MLS PIN #73019029 Report a problem
    8/8/2022Contingent$460,000$284/sqft
    Source: MLS PIN #73019029 Report a problem
    8/1/2022Listed for sale$460,000+32.3%$284/sqft
    Source: MLS PIN #73019029 Report a problem
    10/5/2017Sold$347,700+2.3%$215/sqft
    Source: Public Record Report a problem
    9/4/2017Pending sale$339,900$210/sqft
    Source: Merrimack Valley #72217678 Report a problem
    8/30/2017Listed for sale$339,900$210/sqft
    Source: Merrimack Valley #72217678 Report a problem
    8/25/2017Pending sale$339,900$210/sqft
    Source: Merrimack Valley #72217678 Report a problem
    8/23/2017Listed for sale$339,900+29.7%$210/sqft
    Source: Keller Williams Realty-Merrimack #72217678 Report a problem
    12/17/2009Sold$262,000$162/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,612 +9.3%$498,100 +7.7%
    2024$4,218 +6.1%$462,500 +10.7%
    2023$3,977 $417,800
    2022$3,977 +8.9%$417,800 +20%
    2021$3,653 +1.8%$348,200 +4.2%
    2020$3,589 +4%$334,200 +6.6%
    2019$3,451 -1.7%$313,400 +2.3%
    2018$3,511 -1%$306,400 +1.6%
    2017$3,548 +12.5%$301,700 +14%
    2016$3,154 -1.4%$264,600 +1.8%
    2015$3,198 -0.8%$260,000
    2014$3,224 +10.1%$260,000 +6.3%
    2013$2,929 +1.9%$244,500 +0.6%
    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
    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
    $569,500
    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
    $569,500