See Home Value
$479,000
House - Off Market

5 Quarry Terrace

Peabody, MA 01960
bedrooms
4 Beds
bathrooms
2 Baths
$514,396
RealtyHop Estimate
7.39%
Since Feb 1, 2023
MA-Boston
Primary Model

About This Property

**Investors Take Notice!!**This is a probate sale, subject to the appointment of a Personal Representative.  Spacious 4 Bedroom, 2 Full Bathroom home set high above the other homes in the neighborhood. Super convenient location, close to Rt 95 and Rt 128.  The property is in need of rehabilitation and all due diligence is Buyer's responsibility. **This is an attempt to Short Sale the property and the List Price has not yet been approved by the lender. The Short Sale is being professionally negotiated and sale is subject to a buyer paid short sale negotiation fee of $5,000 paid only upon successful closing by buyer.  Buyer responsible for $5,000 probate fee at closing.  Smoke certificate and final water bill are also Buyer's responsibility **ALL OFFERS MUST HAVE SIGNED DISCLOSURES THAT ARE ATTACHED TO THIS LISTING**
Unit Size
-
Days on Market
-
Land Size
0.25 acres
Price per sqft
-
Property Type
House
Property Taxes
$394
HOA Dues
-
Year Built
1973
Last updated: 2 years ago (MLSPIN #72937231)

Price History

Date / Event Date Event Price
Jan 31, 2023 In contract -
In contract
Dec 14, 2022 Price Decreased $479,000
↓ $20K (4%)
Price Decreased
Dec 5, 2022 Price Decreased $499,000
↓ $10K (2%)
Price Decreased
Nov 15, 2022 Price Decreased $509,000
↓ $20K (3.8%)
Price Decreased
Oct 26, 2022 Price Decreased $529,000
↓ $10K (1.9%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,720
  • Total Building Area: 2,664
  • Gross Building Area: 2,664
  • Building Area: 2,664
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,664
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PYNE FRANCIS J
  • Previous Owner : THOMPSON JANIS
  • Owner Before Previous Owner: TABEB CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Account Number: 12469
  • Parcel: PEAB M:0101 B:0161
  • Block: 161
  • Municipality: PEABODY
  • Latitude: 42.5145
  • Longitude: -70.9562

    Address

  • Full Address: 5 Quarry Ter
  • Address - House Number: 5
  • Address - Street Name: Quarry
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Peabody
  • Carrier Code: C045
  • 4-Digit Zip Code: 5117
  • Zip Code: 01960

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,671

    Appraisal Valuation

  • Standard Deviation: 0.0799
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 94
  • Final Value: 451,248
  • High Value: 487,478
  • Low Value: 415,018

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,966
  • First Open Lien Mortgage Lender: AMERICAN NGBD MTG ACC
  • First Open Lien Mortgage Recording Date: May 16, 2016
  • First Open Lien Mortgage Loan Amount: $359,966
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2046

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $512,200
  • Assessed Land Value: $196,100
  • Assessed Improvements Value: $316,100

    Sales

  • Current Sale Recording Date: Jul 13, 2015
  • Current Sale Transaction ID: 1229752897
  • Current Sale Price: $365,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 98
  • Previous Sale Recording Date: Mar 10, 1994
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NGBD MTG ACC
  • First Mortgage Transaction Date: Jul 13, 2015
  • First Mortgage Loan Amount: $358,388
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 13, 2045

    Previous Mortgages

  • Previous Mortgage Lender: US TRUST ESSEX
  • Previous Mortgage Transaction Date: Mar 10, 1994
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$465,000 Oct 6, 2020
$465,000 Nov 23, 2020
$374/mo
House
3 Beds
2 Baths
-
$370,000 May 21, 2007
$370,000 Jul 11, 2007
$245/mo
House
3 Beds
3 Baths
-
$600,000 Jun 24, 2020
$600,000 Aug 31, 2020
$509/mo
In Contract
House
4 Beds
2 Baths
-
$565,000 Nov 9, 2022
-
$382/mo
House
3 Beds
3 Baths
-
$449,900 Nov 3, 2022
-
$372/mo

About South Peabody


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Frequently Asked Questions

When was property at 5 Quarry Terrace built and last sold?
The property at 5 Quarry Terrace was built in 1973 and last sold on Jan 1, 1970 for $365,000.
How much is this home worth?
The estimated value of the home located at 5 Quarry Terrace is $483,790.
What are some comparable homes to 5 Quarry Terrace?
Homes that are comparable to 5 Quarry Terrace include a house property at 11 Quarry Terrace, 6 Stacia Road, 11 Pulver Drive.

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