12 Ledgewood Way # 16, Peabody MA 01960

Peabody, MA 01960
$525,000
Est. $3,751/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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2
Beds
2
Baths
1,490
Sq Ft
$352
Price/Sq Ft
1987
Year Built
1
Garage Space
16
Days on Market
Sale Pending Listed Aug 26, 2026 • MLS# 73568725 Copied! • Updated Sep 15, 2026

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About this home

Welcome to 12 Ledgewood Way, Unit 16, a beautifully refreshed 2-bedroom, 2-bath condo in Peabody’s desirable Ledgewood community. Located on the second floor of an elevator building, this southwest-facing unit features a bright, open living and dining area with access to a private balcony, perfect for enjoying the afternoon sun. Freshly painted with new LVT flooring throughout, the unit offers a clean, modern feel. The good-sized primary bedroom features a large walk-in closet and private bath, while the second bedroom and full bath provide plenty of flexibility. An in-unit laundry room adds everyday convenience. Additional features include garage parking, extra storage, and plenty of guest parking. Ledgewood offers excellent amenities including a clubhouse, swimming pool, and tennis courts. Conveniently located near shopping, restaurants, major highways, and everything Peabody and the North Shore have to offer. Move right in and enjoy easy condo living!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Sep 6, 2026
Active → Active Under Contract
Pending Sale
Sep 2, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Aug 26, 2026
$525,000
Original listing
Agent: Christopher Comeau Office: Real Estate 109

Tax History

Year Taxes Assessment
2025 $4,121 $445,000

Financial Details

Annual Property Tax
$4,121
Tax Year 2025
HOA Fee
$553
Monthly
Assessed Value
$445,000

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,490 sq ft
Stories 1
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile
Appliances Range, Dishwasher, Disposal, Refrigerator
Fireplace None
Basement N
Laundry Flooring - Vinyl, Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Features Internet Available - Broadband, Internet Available - Dsl, High Speed Internet

Exterior

Construction Stone
Architecture None
Roof Rubber
Features Balcony, Professional Landscaping, Tennis Court(s)
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Garage Door Opener, Deeded, Off Street, Guest, Driveway
Total Spaces 2
Electric Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer
Annual Tax $4,121
Assessed Value $445,000

HOA & Community

HOA Fee $553 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Elevator(s), Tennis Court(s), Clubhouse
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Lead Paint None
Seller Disclosures Washer/dryer Negotiable. This Is A Non Smoking Complex. Pets Need Prior Approval From Association. Jacuzzi Tub Does Not Work.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 16
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Association Financial Statements (4)
County Essex
Total market time (incl. prior listings) 18 days

Property Overview

Property Type
Condominium
Listing Type
Sale Pending
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Living Area
1,490 sq ft
Total Rooms
5
Stories
1
Entry Level
2

Floor Layout

Interior Features

Flooring: Tile
Appliances: Range, Dishwasher, Disposal, Refrigerator
Interior Features: Internet Available - Broadband, Internet Available - DSL, High Speed Internet
Windows:
Basement: N
Laundry: Flooring - Vinyl, Electric Dryer Hookup, Washer Hookup, Second Floor, In Unit
Security:

Construction & Materials

Year Built: 1987
Structure Type: Mid-Rise
Exterior Materials: Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony, Professional Landscaping, Tennis Court(s)
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Garage Door Opener, Deeded, Off Street, Guest, Driveway
School District
Peabody School District local
C-
School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
3.4% below state avg
E

Elementary Schools

10 schools
Covenant Christian Academy
1.4 mi
Grades PK-12
The Recreational Education Center, LLC
1.4 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
2.5 mi | #345 of 346 | Score: 14.4
Improved 33 spots from last year
-43.8 below state avg
117 students Diverse
Rising School Diverse Student Body
Grades K-12
C
John E. McCarthy School
1.4 mi | #614 of 825 | Score: 39.9
Dropped 36 spots from last year
-18.3 below state avg
323 students Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
1.9 mi | #303 of 825 | Score: 50.7
Improved 163 spots from last year
-7.5 below state avg
283 students Moderate
Rising School
Grades PK-05
C-
Center School
2.1 mi | #687 of 825 | Score: 36.5
Dropped 307 spots from last year
-21.7 below state avg
281 students Diverse
Diverse Student Body
Grades PK-05
B+
John E Burke School
2.6 mi | #304 of 825 | Score: 50.7
Improved 233 spots from last year
-7.5 below state avg
295 students Moderate
Rising School
Grades K-05
B+
South Memorial School
2.6 mi | #271 of 825 | Score: 51.7
Improved 234 spots from last year
-6.5 below state avg
446 students Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
3.1 mi | #493 of 825 | Score: 44.9
Improved 28 spots from last year
-13.3 below state avg
375 students Diverse
Rising School
Grades K-05
C
William A Welch Sr School
3.1 mi | #661 of 825 | Score: 37.8
Improved 129 spots from last year
-20.4 below state avg
400 students Diverse
Rising School
Grades K-05
M

Middle Schools

1 school
C+
J. Henry Higgins Middle School
2.4 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
H

High Schools

2 schools
C
Peabody Veterans Memorial High School
0.3 mi | #259 of 346 | Score: 46.4
Same rank as last year
-11.8 below state avg
1,234 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
Bishop Fenwick High School
3.2 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $343
Homeowners Insurance $200
HOA Fee $553/mo
PMI (if <20% down) $0

Loan Summary

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

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

12 Ledgewood Way # 16, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Christopher Comeau
Listing Office Real Estate 109
Office Phone 617-489-5110
Agent MLS ID CT004728
Office MLS ID BB5170
Listing Data Updated Sep 15, 2026 3:30 AM EDT
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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