Check Availability
$699,900
● House - In Contract

1 Summit Terrace

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,922 Ft²
$3,874
Est. Monthly

About This Property

Welcome to 1 Summit Terrace, a spacious 4-bedroom, 2-bath home nestled in one of Peabody's most desirable neighborhoods. Thoughtfully designed to offer both comfort and flexibility, this home is perfectly suited for today's buyers who need room to live, work, and grow. The finished basement level adds valuable living space, featuring two separate rooms-including a dedicated home gym and an additional finished area ideal for a family room, home office, playroom, guest retreat, or whatever fits your lifestyle. Step outside to your own private backyard oasis, complete with an inviting inground pool and garden-the perfect setting for relaxing afternoons or summer entertaining. With generous living space, versatile bonus rooms, and a beautifully landscaped outdoor retreat, this Peabody home offers a rare combination of comfort and lifestyle.
Unit Size
1,922 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$364
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1950

Listed By

Shannon McInnis
Keller Williams Realty Evolution

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Last updated: 3 months ago (MLSPIN #73553754)

Price History

Date / Event Date Event Price
Jul 30, 2026 In contract -
In contract
Jul 22, 2026 Listed by Lyv Realty $699,900
Listed by Lyv Realty
Oct 31, 1989 Sold
Sold

Property Highlights

Air Conditioning
Parking Details
Has Open Parking
Parking Features: Paved
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Rooms: 6
Basement: Partially Finished
Exterior Details
Square Footage: 1922
Architectural Style: Cape
Year Built Source: Public Records
Year Built: 1950
Building Area Total: 1922
Other Structures: Gazebo
Building Area Units: Square Feet
Patio and Porch Features: Deck, Covered
Pool Features: In Ground
Pool is Private
Lot Size Area: 0.18
Lot Size Units: Acres
Lot Size Acres: 0.18
Lot Size Square Feet: 7723
Water Source: Public
Financial Details
Tax Map Number: 0073
Tax Assessed Value: $566,200
Tax Annual Amount: $5,243
Utilities Details
Cooling Type: Wall Unit(s), Ductless
Heating Type: Baseboard, Radiant, Oil, Ductless
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 12

    Dimensions

  • Lot Size Square Feet: 7,723
  • Total Building Area: 1,308
  • Gross Building Area: 1,308
  • Building Area: 1,308
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,308
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMIT PARK
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210402

Zoning

  • Zoning: R1A

Geography

  • Account Number: 8524
  • Parcel: PEAB M:0073 B:0035
  • Block: 35
  • Municipality: PEABODY
  • Latitude: 42.5302
  • Longitude: -70.951

    Address

  • Full Address: 1 Summit Ter
  • Address - House Number: 1
  • Address - Street Name: Summit
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C019
  • 4-Digit Zip Code: 4023
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $476,200

    Appraisal Valuation

  • Standard Deviation: 0.1579
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 641,501
  • High Value: 742,828
  • Low Value: 540,173

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $522,100
  • Assessed Land Value: $240,700
  • Assessed Improvements Value: $281,400

    Sales

  • Current Sale Recording Date: Oct 31, 1989
  • Current Sale Price:
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Proctor


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Frequently Asked Questions

When was property at 1 Summit Terrace built and last sold?
The property at 1 Summit Terrace was built in 1950 and last sold on Jan 1, 1970 for $136,500.
How much is this home worth?
The estimated value of the home located at 1 Summit Terrace is $705,493.
What are some comparable homes to 1 Summit Terrace?
There are currently no comparable homes to 1 Summit Terrace.