251 Newbury Street

251 Newbury Street has been categorized by the local assessors in Peabody, MA as a vacant type of property. The area measurement of the land has been determined as 122,404 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 251 Newbury Street sold most recently in Jan 1, 1970 for a total of $810,000. Before that, the property was also sold for $655,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,944 in taxes each year. 251 Newbury Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,200,000. If we break it down further, the land itself was valued at $1,200,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.