Investment opportunity: 2-family home with recent fire damage in the heart of Peabody being sold AS IS (will not qualify for traditional financing). Large units were completely renovated 2 years ago prior to fire. Unit 1 has a total of 4 beds and 2 baths, including finished basement with potential for in-law setup. Unit 2 has 3 beds and 1 bath. There's a 1-car attached garage as well as a separate storage room. Centrally located just off Main St with many shops and restaurants, public transportation and supermarket and proximity to Rte 128 and I-95. Do not miss out on this great opportunity and schedule a private showing or come to our group showing Friday 7/11 4:30-5:30pm.
Sold for $645,000
$645,000
38 Pierpont St, Peabody, MA 01960
7beds
2,862sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$647,900 Zestimate®
$225/sqft
$2,548 Estimated rent
Home value
$647,900
$590,000 - $713,000
$2,548/mo
Zestimate® history
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$2,548/mo
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$2,548/mo
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$4,031/mo
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List your homeWhat's special
In-law setupFinished basementSeparate storage roomLarge units
Zillow last checked:
Listing updated:
Listed by:
Mayra Rebello 617-605-3858,
Simple Key Realty Inc. 617-412-9828,
Mayra Rebello 617-605-3858
Bought with:
Joe Pinto
RE/MAX American Dream
Source: MLS PIN,MLS#: 73401736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Included: Microwave, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Remodeled, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Flooring: Wood, Vinyl, Hardwood
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,862
- Total interior livable area: 2,862 sqft
- Finished area above ground: 2,089
- Finished area below ground: 773
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive
- Garage spaces: 1
- Uncovered spaces: 1
Lot
- Size: 3,223 Square Feet
Details
- Parcel number: M:0096 B:0024,2107293
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Block
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & HOA
Location
- Region: Peabody
Financial & listing details
- Price per square foot: $225/sqft
- Tax assessed value: $508,600
- Annual tax amount: $4,842
- Date on market: 1/7/2026
- Total actual rent: 7700
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Sold | $645,000+29.3%$225/sqft |
Source: MLS PIN #73401736 Report a problem | ||
| 7/16/2025 | Contingent | $499,000$174/sqft |
Source: MLS PIN #73401736 Report a problem | ||
| 7/9/2025 | Listed for sale | $499,000-50.1%$174/sqft |
Source: MLS PIN #73401736 Report a problem | ||
| 9/5/2023 | Listing removed | $999,000$349/sqft |
Source: MLS PIN #73148626 Report a problem | ||
| 8/15/2023 | Listed for sale | $999,000+117.2%$349/sqft |
Source: MLS PIN #73148626 Report a problem | ||
| 4/27/2022 | Sold | $460,000+15.3%$161/sqft |
Source: MLS PIN #72953048 Report a problem | ||
| 3/30/2022 | Contingent | $399,000$139/sqft |
Source: MLS PIN #72953048 Report a problem | ||
| 3/23/2022 | Listed for sale | $399,000+262.7%$139/sqft |
Source: MLS PIN #72953048 Report a problem | ||
| 8/29/1994 | Sold | $110,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,727 +13.8% | $726,500 +12.1% |
| 2024 | $5,911 +22.1% | $648,100 +27.4% |
| 2023 | $4,842 | $508,600 |
| 2022 | $4,842 +4.8% | $508,600 +15.5% |
| 2021 | $4,621 +3% | $440,500 +5.4% |
| 2020 | $4,488 +3.4% | $417,900 +6% |
| 2019 | $4,340 +14.5% | $394,200 +19.1% |
| 2018 | $3,792 +5.3% | $330,900 +8.1% |
| 2017 | $3,600 +11.4% | $306,100 +12.9% |
| 2016 | $3,232 -0.6% | $271,100 +2.5% |
| 2015 | $3,253 +2.4% | $264,500 +3.2% |
| 2014 | $3,178 +0.2% | $256,300 -3.2% |
| 2013 | $3,172 -1.9% | $264,800 -3.2% |
| 2012 | $3,234 +2.1% | $273,600 |
| 2011 | $3,168 +3% | $273,600 -6.6% |
| 2010 | $3,075 -3.5% | $292,900 -14.5% |
| 2009 | $3,185 +2% | $342,500 -4.9% |
| 2008 | $3,122 +0.4% | $360,100 -10.2% |
| 2007 | $3,110 +5.3% | $400,800 +3.2% |
| 2006 | $2,953 +14.2% | $388,500 +24.8% |
| 2005 | $2,585 +2.6% | $311,400 |
| 2004 | $2,519 +18% | $311,400 +37.9% |
| 2003 | $2,134 +25.1% | $225,800 +9.7% |
| 2001 | $1,706 +12.1% | $205,800 +31.6% |
| 1999 | $1,522 | $156,400 |
Find assessor info on the county website
Neighborhood: 01960
Nearby homes
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- $--3 bd1 ba-- sqft62 Aborn St #2, Peabody, MA 01960Off Market
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- $599,9004 bd2 ba1.8k sqft33 Pierpont St, Peabody, MA 01960For Sale
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Nearby schools
GreatSchools rating
- 4/10William A Welch Elementary SchoolGrades: K-5Distance: 0.5 mi
- 5/10J Henry Higgins Middle SchoolGrades: 6-8Distance: 1.1 mi
- 3/10Peabody Veterans Memorial High SchoolGrades: 9-12Distance: 3.2 mi
Get a cash offer in 3 minutes
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Estimated market value
$647,900
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
$647,900
- Massachusetts
- Essex County
- Peabody
- 01960
- 38 Pierpont St
