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16 Palmer Ave # 2, Peabody MA 01960

Peabody, MA 01960
$479,900
Est. $2,937/month
3
Beds
1
Baths
1,513
Sq Ft
$317
Price/Sq Ft
1900
Year Built
8
Days on Market
Pending Listed May 26, 2026 • MLS# 73524324 Copied!

About this home

Welcome home to this beautifully maintained 2nd & 3rd floor condo offering the perfect blend of space, character, and convenience. This 3 bedroom, 1 bath unit spans two levels and lives more like a single-family home with oversized rooms, abundant natural sunlight, hardwood floors, and thoughtful details throughout. The upper level features a private primary retreat complete with a walk-in closet, office space, and separate storage room. Enjoy a spacious updated kitchen, open living and dining areas, built-ins, and a private porch perfect for morning coffee or relaxing evenings. Located in a 2-unit multifamily with no HOA fee, this home is just a short walk to downtown Peabody, Emerson Park, and Higgins Middle School, while also being only minutes to Northshore Mall, Life Time Fitness, downtown Salem and Salem commuter rail. With easy access to Route 128, and Route 1, this is a rare opportunity to own a spacious and charming condo in an unbeatable location.

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Public Records

Current Owner

Owner RICHARDS LUKE
Mailing Address 16 PALMER AVE - UNIT 1, PEABODY, MA, 1960

Land Use

Use Code 102
Description Condominium
Zoning R2
Style CONDO CONVERSION

Tax Information

Assessed Value $320,200

Assessment History

Year Land Building Total Change
FY2026 $0 $320,200 $320,200

Sale History

Date Price Book/Page
Nov 2, 2020 $345,000 39132/433
Oct 7, 2015 $206,000 34429/346

Building Permit History

No building permits on record since 2023.

Data: Town of Peabody

Municipal Context: PEABODY

Property Data Comparison

Field Assessor MLS Match
Year built 1,900 1,900
Match: address_condo (90.0% confidence) · Data as of Jun 1, 2026

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
1
Living Area
1,513 sq ft
Total Rooms
7
Stories
2
Entry Level
2
Main Level Bedrooms
2

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1900
Living Area 1,513 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 7

Interior

Heating Baseboard, Oil, Electric
Cooling Window Unit(s)
Flooring Wood, Tile, Vinyl, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Range Hood
Fireplace None
Basement Y
Laundry In Building, Electric Dryer Hookup, Washer Hookup
Features Cathedral Ceiling(s), Lighting - Pendant, High Speed Internet Hookup, Mud Room, Foyer, Entry Hall, Home Office, Walk-up Attic, Internet Available - Unknown

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony / Deck, Balcony - Exterior, Porch, Deck, Deck - Wood, Deck - Composite, Patio, Balcony, Storage, Decorative Lighting, Garden, Rain Gutters, Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch Deck - Exterior, Porch, Deck, Deck - Wood, Deck - Composite, Patio

Parking

Features Off Street, Tandem, Deeded, Paved, Exclusive Parking
Total Spaces 3

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $3,722
Assessed Value $401,900

Interior Features

Flooring: Wood, Tile, Vinyl, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Range Hood
Interior Features: Cathedral Ceiling(s), Lighting - Pendant, High Speed Internet Hookup, Mud Room, Foyer, Entry Hall, Home Office, Walk-up Attic, Internet Available - Unknown
Windows: Insulated Windows
Basement: Y
Laundry: In Building, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1900
Structure Type: 2/3 Family, Duplex
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Baseboard, Oil, Electric
Heating Zones: 2
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Balcony - Exterior, Porch, Deck, Deck - Wood, Deck - Composite, Patio, Balcony, Storage, Decorative Lighting, Garden, Rain Gutters, Professional Landscaping
Patio & Porch: Deck - Exterior, Porch, Deck, Deck - Wood, Deck - Composite, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Off Street, Tandem, Deeded, Paved, Exclusive Parking

Location

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Neighborhood

16 Palmer Ave # 2, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

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

3 schools
C-
Center School
0.4 mi | #731 of 824 | Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students Diverse
Diverse Student Body
Grades PK-05
C-
William A Welch Sr School
0.7 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
A-
South Memorial School
1.0 mi | #235 of 824 | Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students Moderate
Rising School
Grades PK-05
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
0.2 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
C+
Collins Middle School
1.8 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
B-
Holten Richmond Middle School
2.8 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

3 schools
Bishop Fenwick High School
1.4 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
2.0 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
C
Peabody Veterans Memorial High School
2.3 mi | #251 of 346 | Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students Diverse
19 sports • 1,614 athletes
Career Tech Programs Strong Athletics
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $310
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
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Current Rate
$0/mo
+0.5% Rate
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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

Property Timeline

Pending Sale
Jun 4, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
May 29, 2026
New showing requirements
🏠
Listed for Sale
May 26, 2026
$479,900
Original listing
Agent: Team Ladner Office: RE/MAX Harmony

Price & Status History

Date Event Price Change
May 26, 2026 New Listing Added $479,900

Market Statistics

Days on Market
8 days
Price per Sq Ft
$317

Tax History

Year Taxes Assessment
2025 $3,722 $401,900

Financial Details

Annual Property Tax
$3,722
Tax Year 2025
HOA Fee
$0
Per month
Assessed Value
$401,900

Listing Information

Listing Agent Team Ladner
Listing Office RE/MAX Harmony
Agent MLS ID TM341788
Office MLS ID AN5976
Listing Data Updated Jun 8, 2026 4:06 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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