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3 Honey Lane

3 Honey Lane, Peabody, MA 01960
Property in South Peabody
Sold Aug 19, 2016
$439,000
$349,000 by Rtn Fcu
Mortgage Due Aug 19, 2046
Sold May 28, 1998
$245,000
$91,000 by Assurance Mtg Corp
Mortgage
3 Honey Lane in Peabody, MA was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split foyer style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3 Honey Lane has 1,978 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,293 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage underground or in the basement. There is one available parking space. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a hot water heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3 Honey Lane sold most recently in Jan 1, 1970 for a total of $439,000. If you work out the math, that's approximately a cost of $221.94 per sqft. Before that, the property was also sold for $245,000 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 $6,246 in taxes each year. 3 Honey Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $684,900. If we break it down further, the land itself was valued at $246,400. Improvements to the property, however, were assessed at a total of $438,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Off Street Parking

Condition

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

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Split foyer
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,293
  • Total Building Area: 1,978
  • Gross Building Area: 1,978
  • Building Area: 1,978
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,978
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEFINITIVE
  • Land Acres: 0.282
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SERRE JEFFERY J
  • Current Owner 2: SERRE DENISE L
  • Previous Owner : ARMSTRONG CHRISTINE J
  • Owner Before Previous Owner: CARROCCINO MARYANNE F
  • Owner Before Previous Owner 2: BOOMHOWER BERNADETTE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Peabody School District
  • School Tax School District: PEABODY SD
  • Census Tract: 210500

Zoning

  • Zoning: R1

Geography

  • Account Number: 11981
  • Parcel: PEAB M:0099 B:0014-B
  • Block: 14-B
  • Municipality: PEABODY
  • Latitude: 42.5155
  • Longitude: -70.9726

    Address

  • Full Address: 3 Honey Ln
  • Address - House Number: 3
  • Address - Street Name: Honey
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Peabody
  • Carrier Code: C039
  • 4-Digit Zip Code: 5051
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $6,246

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 747,461
  • High Value: 907,869
  • Low Value: 587,053

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $399,000
  • First Open Lien Mortgage Lender: RTN FCU
  • First Open Lien Mortgage Recording Date: Aug 19, 2016
  • First Open Lien Mortgage Loan Amount: $349,000
  • 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: Aug 19, 2046
  • Second Open Lien Mortgage Lender: RTN FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 10, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2042

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $684,900
  • Assessed Land Value: $246,400
  • Assessed Improvements Value: $438,500

    Sales

  • Current Sale Recording Date: Aug 19, 2016
  • Current Sale Transaction ID: 1754129296
  • Current Sale Price: $439,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 74
  • Previous Sale Recording Date: May 28, 1998
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: RTN FCU
  • First Mortgage Transaction Date: Aug 19, 2016
  • First Mortgage Loan Amount: $349,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 19, 2046

    Previous Mortgages

  • Previous Mortgage Lender: ASSURANCE MTG CORP
  • Previous Mortgage Transaction Date: May 28, 1998
  • Previous Mortgage Loan Amount: $91,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Peabody



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Frequently Asked Questions

What neighborhood is 3 Honey Lane located in?
The 3 Honey Lane is a located in the neighborhood of South Peabody in South Peabody, Peabody.
What is the average sales price for listings in 3 Honey Lane?
The average sales price for units in 3 Honey Lane is $0 currently.

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