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114 Lake St, Peabody MA 01960

Peabody, MA 01960 • West Peabody
$470,000
Est. $2,950/month
5
Beds
2
Baths
1,584
Sq Ft
$297
Price/Sq Ft
0.36
Acres
1965
Year Built
Single Family Residence
Type
59
Days on Market
Closed Listed Jul 10, 2025 • MLS# 73402304 Copied!

About this home

Attention investors, builders, savvy buyers. Welcome to West Peabody! This 5 bedroom, 2-bathroom property sits on a large lot with plenty of privacy. This property has excellent potential but will require extensive renovations to the exterior and interior. Sold As-Is. Open house Sunday August 31, 2025 from 12:00 - 2:00 PM.

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Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1965
Bedrooms
5
Full Bathrooms
2
Living Area
1,584 sq ft
Total Rooms
8

Sale Statistics

Sale Overview
Original List Price: $595,000
Final Sale Price: $470,000
Difference: $125,000 (-21.0%)
Performance Metrics
79.0%
List to Sale Ratio
Sold below asking price
59
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $376
Sale $/sq ft: $297
This property sold for $297 per square foot
Sale Summary

This property sold for 21.0% below the original asking price.

The property spent 59 days on market before selling.

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1965
Living Area 1,584 sq ft
Lot Size 0.36 acres
Bedrooms 5
Full Baths 2
Total Rooms 8

Interior

Heating Baseboard, Natural Gas
Cooling Window Unit(s)
Flooring Wood, Carpet
Appliances Gas Water Heater
Fireplace None
Fireplaces 1
Basement Full, Partially Finished, Interior Entry, Concrete, Unfinished
Laundry In Basement
Features None

Exterior

Construction Frame, Conventional (2x4-2x6)
Architecture Colonial
Roof Shingle
Features Deck, Patio
Pool None
Spa None
Fencing None
Patio/Porch Deck, Patio

Parking

Features Off Street
Total Spaces 4

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,476
Assessed Value $483,400

Interior Features

Flooring: Wood, Carpet
Appliances: Gas Water Heater
Interior Features:
Windows:
Basement: Full, Partially Finished, Interior Entry, Concrete, Unfinished
Laundry: In Basement
Security:

Construction & Materials

Style: Colonial
Year Built: 1965
Structure Type:
Exterior Materials: Frame, Conventional (2x4-2x6)
Roof: Shingle
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck, Patio
Patio & Porch: Deck, Patio
Fencing:
Other Structures:
Lot Features: Gentle Sloping
Road Frontage: 125.00 ft
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities:

Location

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Neighborhood

West Peabody

114 Lake St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $373
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

21%
Price Range
38
Total Days on Market

Property Timeline

✓
Sold
Oct 1, 2025
$470,000
Property sold
Days on Market: 38
🏠
Listed for Sale
Jul 10, 2025
$595,000
Original listing
Agent: James Finn Office: James A. Finn & Sons

Price & Status History

Date Event Price Change
Feb 18, 2026 Sold $859,900 —
Jul 10, 2025 New Listing Added $595,000 —

Market Statistics

Days on Market
59 days
Price per Sq Ft
$297

Tax History

Year Taxes Assessment
2025 $4,476 $483,400

Financial Details

Annual Property Tax
$4,476
Tax Year 2025
Assessed Value
$483,400

Listing Information

Agent MLS ID CN214326
Office MLS ID C63900
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Peabody, MA

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114 Lake St, Peabody MA 01960 - Photo 1 114 Lake St, Peabody MA 01960 - Photo 2 114 Lake St, Peabody MA 01960 - Photo 3 114 Lake St, Peabody MA 01960 - Photo 4 114 Lake St, Peabody MA 01960 - Photo 5 114 Lake St, Peabody MA 01960 - Photo 6 114 Lake St, Peabody MA 01960 - Photo 7 114 Lake St, Peabody MA 01960 - Photo 8 114 Lake St, Peabody MA 01960 - Photo 9 114 Lake St, Peabody MA 01960 - Photo 10 114 Lake St, Peabody MA 01960 - Photo 11 114 Lake St, Peabody MA 01960 - Photo 12 114 Lake St, Peabody MA 01960 - Photo 13 114 Lake St, Peabody MA 01960 - Photo 14
Steven Novak

Steven Novak

BMN Boston Real Estate

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