5 Emily Lane

Local assessors in Peabody, MA have categorized 5 Emily Lane as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 16,217 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a colonial style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are 3 full bathrooms. There are also 4 partial bathrooms. 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 5 Emily Lane has a total of 5,056 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 underground or in the basement for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a unknown on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. 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, 5 Emily Lane was last sold in Jan 1, 1970 for $835,000. According to our calculations, that's $165.15 per sqft. Prior to that sales transaction, the property was sold for $193,259 in Jan 1, 1970. Current property owners are expected to pay $9,326 in taxes per year. The property on 5 Emily Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $1,022,600. To break that down further, the land itself was valued at $319,900. While improvements to the property were assessed at a total of $702,700. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.