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Sold for $540,000
  • $540,000

    3 Summit Ter, Peabody, MA 01960

    3beds
    1,403sqft
    Single Family Residence
    Built in 1950
    9,309 Square Feet Lot
    $606,800 Zestimate®
    $385/sqft
    $3,422 Estimated rent

    Home value

    $606,800

    $576,000 - $637,000

    $3,422/mo

    Zestimate® history
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    What's special

    Gleaming hardwood floors throughoutStainless steel appliancesEat in kitchenNew hot water heaterFlex roomPatio spaceSpacious backyard
    Great opportunity to own a cozy 3 bedroom, 1 bathroom home conveniently located in Peabody! Come inside to the sundrenched living room to find gleaming hardwood floors throughout the main living space. Exterior access right off the eat in kitchen leads to your spacious backyard. The kitchen offers stainless steel appliances and a space for a dining table. The main level also offers the primary bedroom, with ample closet space, as well as an additional bedroom and full bathroom. The second level offers a third bedroom, which could also work great as a secluded office space or flex room, and offers some more storage space! Need more room? Check out the family room in the basement, perfect for entertaining! Outside, a fully fenced in yard features a patio space and storage shed. Also, find a one car garage and plenty of parking for an additional 4 cars in the driveway. Additional upgrades include a new hot water heater, furnace, windows, doors, and insulation. Come see it for yourself!

    Zillow last checked:

    Listing updated:

    Listed by:

    Rosalee DiScipio 978-210-6060,

    Lamacchia Realty, Inc. 978-993-3600

    Bought with:

    Denise Moynihan

    Coldwell Banker Realty - Lynnfield

    Source: MLS PIN,MLS#: 73092746

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Cable Hookup
    • Level: First
    • Area: 156
    • Dimensions: 13 x 12
    Bedroom 2
    • Features: Closet, Flooring - Hardwood, Cable Hookup
    • Level: First
    • Area: 81
    • Dimensions: 9 x 9
    Bedroom 3
    • Features: Flooring - Vinyl, Cable Hookup
    • Level: Second
    • Area: 169
    • Dimensions: 13 x 13
    Primary bathroom
    • Features: No
    Bathroom 1
    • Features: Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
    • Level: First
    • Area: 30
    • Dimensions: 5 x 6
    Family room
    • Features: Flooring - Wall to Wall Carpet, Cable Hookup, Recessed Lighting
    • Level: Basement
    • Area: 299
    • Dimensions: 13 x 23
    Kitchen
    • Features: Flooring - Vinyl, Dining Area, Exterior Access, Stainless Steel Appliances
    • Level: First
    • Area: 64
    • Dimensions: 8 x 8
    Living room
    • Features: Ceiling Fan(s), Flooring - Hardwood, Cable Hookup, Exterior Access
    • Level: First
    • Area: 208
    • Dimensions: 13 x 16
    Heating
    • Hot Water, Oil, Electric
    Cooling
    • Window Unit(s), Wall Unit(s)
    Appliances
    • Included: Electric Water Heater, Water Heater, Range, Refrigerator, Washer, Dryer
    • Laundry: Electric Dryer Hookup, Washer Hookup, In Basement
    Features
    • Flooring: Tile, Vinyl, Carpet, Hardwood
    • Doors: Storm Door(s)
    • Windows: Insulated Windows, Screens
    • Basement: Partially Finished,Bulkhead
    • Has fireplace: No
    Interior area
    • Total structure area: 1,403
    • Total interior livable area: 1,403 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Paved Drive, Off Street, Paved
    • Garage spaces: 1
    • Uncovered spaces: 4
    Features
    • Exterior features: Rain Gutters, Storage, Screens, Fenced Yard, Garden
    • Fencing: Fenced
    Lot
    • Size: 9,309 sqft
    • Features: Corner Lot, Level
    Details
    • Foundation area: 0
    • Parcel number: M:0073 B:0034,2103779
    • Zoning: R1A

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape
    • Property subtype: Single Family Residence
    Materials
    • Conventional (2x4-2x6)
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1950

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Dryer

    Community & neighborhood

    Community
    • Community features: Shopping, Park, Highway Access, Public School
    Location
    • Region: Peabody

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/30/2023Sold$540,000+2.9%$385/sqft
    Source: MLS PIN #73092746 Report a problem
    4/5/2023Contingent$525,000$374/sqft
    Source: MLS PIN #73092746 Report a problem
    3/29/2023Listed for sale$525,000+108.3%$374/sqft
    Source: MLS PIN #73092746 Report a problem
    8/26/2015Sold$252,000+0.8%$180/sqft
    Source: Public Record Report a problem
    6/27/2015Pending sale$249,900$178/sqft
    Source: Coldwell Banker Residential Brokerage - Lynnfield #71858922 Report a problem
    6/18/2015Listed for sale$249,900$178/sqft
    Source: Coldwell Banker Residential Brokerage - Lynnfield #71858922 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,585 +9.3%$495,100 +7.7%
    2024$4,193 +8.2%$459,800 +12.9%
    2023$3,877 $407,300
    2022$3,877 +6.1%$407,300 +16.9%
    2021$3,655 +8.2%$348,400 +10.8%
    2020$3,377 +1.2%$314,400 +3.7%
    2019$3,337 +9.3%$303,100 +13.8%
    2018$3,053 +9.8%$266,400 +12.6%
    2017$2,781 -2.2%$236,500 -0.9%
    2016$2,845 -9.2%$238,700 -6.3%
    2015$3,133 +32.4%$254,700 +33.5%
    2014$2,366 +13.8%$190,800 +9.9%
    2013$2,080 +2.3%$173,600 +0.9%
    2012$2,034 +2.1%$172,100
    2011$1,993 +7.7%$172,100 -2.4%
    2010$1,851 -3.4%$176,300 -14.5%
    2009$1,917 +1.3%$206,100 -5.5%
    2008$1,892 -1.1%$218,200 -11.5%
    2007$1,914 +3.6%$246,600 +1.4%
    2006$1,848 +1.4%$243,200 +10.7%
    2005$1,823 +2.6%$219,600
    2004$1,777 +10.4%$219,600 +28.9%
    2003$1,610 +25.1%$170,400 +9.8%
    2001$1,287 +5.8%$155,200 +24.1%
    1999$1,217 $125,100

    Find assessor info on the county website

    Neighborhood: 01960

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $606,800
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    Estimated market value
    $606,800