1 Drake Way Unit 16, Peabody, MA 01960
Home value
$562,600
$512,000 - $619,000
$3,744/mo
Owner options
$3,744/mo
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Zillow last checked:
Listing updated:
Steven Mango 781-820-3530,
StartPoint Realty 978-422-3999
Richard Powers
Toner Real Estate, LLC
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 & HOA
Community
- Features: Public Transportation, Shopping
HOA
- Services included: Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal
- HOA fee: $447 monthly
Location
- Region: Peabody
Financial & listing details
- Price per square foot: $343/sqft
- Tax assessed value: $498,100
- Annual tax amount: $4,612
- Date on market: 1/11/2026
- Exclusions: Personal Belongings. Note: Washer / Dryer & Deck Furniture Will Be Left Behind As Gifts To Buyers
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2025 | Sold | $555,000-1.8%$343/sqft |
Source: MLS PIN #73328615 Report a problem | ||
| 1/29/2025 | Contingent | $564,900$349/sqft |
Source: MLS PIN #73328615 Report a problem | ||
| 1/23/2025 | Listed for sale | $564,900+19.2%$349/sqft |
Source: MLS PIN #73328615 Report a problem | ||
| 9/26/2022 | Sold | $474,000+3%$293/sqft |
Source: MLS PIN #73019029 Report a problem | ||
| 8/8/2022 | Contingent | $460,000$284/sqft |
Source: MLS PIN #73019029 Report a problem | ||
| 8/1/2022 | Listed for sale | $460,000+32.3%$284/sqft |
Source: MLS PIN #73019029 Report a problem | ||
| 10/5/2017 | Sold | $347,700+2.3%$215/sqft |
Source: Public Record Report a problem | ||
| 9/4/2017 | Pending sale | $339,900$210/sqft |
Source: Merrimack Valley #72217678 Report a problem | ||
| 8/30/2017 | Listed for sale | $339,900$210/sqft |
Source: Merrimack Valley #72217678 Report a problem | ||
| 8/25/2017 | Pending sale | $339,900$210/sqft |
Source: Merrimack Valley #72217678 Report a problem | ||
| 8/23/2017 | Listed for sale | $339,900+29.7%$210/sqft |
Source: Keller Williams Realty-Merrimack #72217678 Report a problem | ||
| 12/17/2009 | Sold | $262,000$162/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 |
Neighborhood: 01960
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Nearby schools
GreatSchools rating
- 5/10Thomas Carroll Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10J Henry Higgins Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Peabody Veterans Memorial High SchoolGrades: 9-12Distance: 2.4 mi
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- Massachusetts
- Essex County
- Peabody
- 01960
- 1 Drake Way Unit 16