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16 Martinack Avenue

16 Martinack Avenue, Peabody, MA 01960
Property in South Peabody
Sold Dec 03, 2018
$385,000
Seller
$308,000 by Eastern Bank
Mortgage Due Dec 03, 2048
Sold Feb 23, 2018
$308,000
$308,000 by Mortgage Networks Inc
Mortgage Due Feb 23, 2048
Local assessors in Peabody, MA have categorized 16 Martinack Avenue as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 5,401 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 Martinack Avenue has a total of 1,352 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Martinack Avenue was last sold in Nov 26, 2018 for $385,000. According to our calculations, that's $284.76 per sqft. Prior to that sales transaction, the property was sold for $308,000 in Jan 1, 1970. Current property owners are expected to pay $4,967 in taxes per year. The property on 16 Martinack Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $544,600. To break that down further, the land itself was valued at $223,100. While improvements to the property were assessed at a total of $321,500. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Detached Garage
Off Street Parking
Tandem Parking

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Total Building Area: 1,352
  • Gross Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,352
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CONIFER HILL EXEC CON
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SULLIVAN ERIC
  • Previous Owner : ALTRI ERIC
  • Owner Before Previous Owner: SODANO CARMINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210600

Zoning

  • Zoning: R1A

Geography

  • Account Number: 14299
  • Parcel: PEAB M:0109 B:0329
  • Block: 329
  • Municipality: PEABODY
  • Latitude: 42.5098
  • Longitude: -70.9476

    Address

  • Full Address: 16 Martinack Ave
  • Address - House Number: 16
  • Address - Street Name: Martinack
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Peabody
  • Carrier Code: C061
  • 4-Digit Zip Code: 6449
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,967

    Appraisal Valuation

  • Standard Deviation: 0.1784
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 80
  • Final Value: 617,433
  • High Value: 714,959
  • Low Value: 519,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: EASTERN BANK
  • First Open Lien Mortgage Recording Date: Dec 03, 2018
  • First Open Lien Mortgage Loan Amount: $308,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 03, 2048

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $544,600
  • Assessed Land Value: $223,100
  • Assessed Improvements Value: $321,500

    Sales

  • Current Sale Contract Date: Nov 26, 2018
  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Transaction ID: 11543252315
  • Current Sale Price: $385,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20181203003680
  • Previous Sale Recording Date: Feb 23, 2018
  • Previous Sale Amount: $308,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: EASTERN BANK
  • First Mortgage Transaction Date: Dec 03, 2018
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE NETWORKS INC
  • Previous Mortgage Transaction Date: Feb 23, 2018
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 23, 2048

About South Peabody



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Frequently Asked Questions

What neighborhood is 16 Martinack Avenue located in?
The 16 Martinack Avenue is a located in the neighborhood of South Peabody in South Peabody, Peabody.
What is the average sales price for listings in 16 Martinack Avenue?
The average sales price for units in 16 Martinack Avenue is $0 currently.

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