12 Ledgewood Way # 21, Peabody MA 01960

Peabody, MA 01960
$499,999
$459,000
Est. $3,480/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
1,535
Sq Ft
$299
Price/Sq Ft
1987
Year Built
1
Garage Space
40
Days on Market
For Sale Price Drop -$40,999 Listed Sep 15, 2026 • MLS# 73577457 Copied! • Updated Oct 25, 2026

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About this home

The market has spoken - new price adjustment! Welcome to desirable Building 12 at Ledgewood! This spacious 1,535 sq. ft. condo offers convenient one-level living. The oversized, front-to-back living and dining room features a large picture window and flexible layout. Wood laminate flooring extends throughout the living room, dining room, hallway, and both bedrooms. Enjoy a private balcony overlooking beautiful greenery, accessible from the living room, hallway, and bedrooms. The galley-style kitchen offers granite countertops and a sunny eat-in area. Systems and appliances updated in 2018 and 2019. In-unit washer and dryer add convenience. The spacious primary bedroom features a walk-in closet, with a second bedroom and full bath completing the layout. Minor cosmetic updates offer an opportunity to personalize and build instant equity. Elevator access to deeded one-car garage parking and private storage. Ledgewood amenities include an in-ground pool, renovated clubroom, guest parking, professional management, beautifully landscaped grounds, and convenient in-building mail. Close to major highways, shopping, restaurants, and more. Non-smoking complex; pets require association approval.

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Recently Sold Nearby

Price & Status History

Market Insights

2
Price Changes
8.2%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Oct 25, 2026
New showing requirements
↓
Price Reduced
Oct 25, 2026
$459,000 $26,000 (-5.36%)
From $485,000 to $459,000 (-5.4%)
↓
Price Reduced
Oct 1, 2026
$485,000 $14,999 (-3%)
From $499,999 to $485,000 (-3.0%)
🏠
Listed for Sale
Sep 15, 2026
$499,999
Original listing
Agent: Joyce Sullivan Office: Serhant

Tax History

Year Taxes Assessment
2026 $4,427 $467,500

Financial Details

Annual Property Tax
$4,427
Tax Year 2026
HOA Fee
$590
Monthly
Assessed Value
$467,500

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1987
Living Area 1,535 sq ft
Stories 1
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Forced Air, Electric
Cooling Central Air
Flooring Tile, Laminate, Wood Laminate
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Flooring - Stone/ceramic Tile, Third Floor, In Unit, Electric Dryer Hookup
Features None

Exterior

Construction Stone
Architecture None
Roof Rubber
Features Patio, Covered Patio/deck
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Patio, Covered
Garage Spaces 1
Has Garage Yes
Features Under, Off Street, Common, Guest
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer
Annual Tax $4,427
Assessed Value $467,500

HOA & Community

HOA Fee $590 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Elevator(s), Tennis Court(s), Storage, Clubhouse
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Lead Paint None
Seller Disclosures Seller Has Never Lived In Property. Buyers And Their Agents To Do Their Own Due Diligence. This Is A Non Smoking Complex. Pets Need Prior Approval From Association. 13th Month Hoa Fee Due 2026. Buyer And Buyer Agents To Perform Own Due Diligence.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 21
Sq Ft Source Public Record
Documents Master Deed, Unit Deed, Rules & Regs, Floor Plans (4)
County Essex
Total market time (incl. prior listings) 40 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1987
Bedrooms
2
Full Bathrooms
2
Living Area
1,535 sq ft
Total Rooms
5
Stories
1
Entry Level
3

Floor Layout

Interior Features

Flooring: Tile, Laminate, Wood Laminate
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows
Basement: N
Laundry: Flooring - Stone/Ceramic Tile, Third Floor, In Unit, Electric Dryer Hookup
Security: Intercom

Construction & Materials

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

Utilities & Systems

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: Patio, Covered Patio/Deck
Patio & Porch: Patio, Covered
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street, Common, Guest
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 $369
Homeowners Insurance $200
HOA Fee $590/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 # 21, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Joyce Sullivan
Listing Office Serhant
Office Phone 617-250-0559
Agent MLS ID C8001298
Office MLS ID AN9455
Listing Data Updated Oct 25, 2026 5:13 PM 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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Steve Novak Real Estate
Steve Novak Real Estate
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