7 Alma Ter, Peabody MA 01960

Peabody, MA 01960
$849,900
$789,900
Est. $4,769/month
4
Beds
2.5
Baths
2,290
Sq Ft
$345
Price/Sq Ft
0.14
Acres
1955
Year Built
2
Parking
32
Days on Market
Sale Pending Price Drop -$60,000 Listed Jul 21, 2026 • MLS# 73552789 Copied! • Updated Aug 26, 2026

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About this home

Move right into this totally Updated Colonial offering nearly 2,300 sq. ft. of stylish living space! Featuring 4 bedrooms, 2.5 baths, and every major component of this home has been updated or built within the past 10 years, this home is truly turnkey. The spacious layout includes Two Large Living Areas, an Updated Kitchen with an Island for extra counter space and storage, Central Air, and a first-floor bedroom with an adjacent full bath—ideal for guests, multigenerational living, or a home office. The stunning primary Bedroom offers plenty of space and a walk-in closet. Enjoy the fenced-in backyard and Large Deck, perfect for entertaining, pets, or play, with Raddin Road Park directly behind the property for added recreation. A rare opportunity to own a meticulously updated home with space, comfort, and modern conveniences in a fantastic South Peabody location with easy access to Route 1, Route 128, and Route 95. You'll also enjoy being just minutes from a variety of restaurants, shopping, and the local YMCA.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
7.1%
Price Range

Property Timeline

Pending Sale
Aug 23, 2026
Offer accepted, sale pending
Price Reduced
Aug 20, 2026
$789,900 $35,000 (-4.24%)
From $824,900 to $789,900 (-4.2%)
Price Reduced
Aug 9, 2026
$824,900 $25,000 (-2.94%)
From $849,900 to $824,900 (-2.9%)
🏠
Listed for Sale
Jul 21, 2026
$849,900
Original listing
Agent: Sean Connolly Office: RE/MAX 360

Tax History

Year Taxes Assessment
2025 $6,904 $745,600

Financial Details

Annual Property Tax
$6,904
Tax Year 2025
Assessed Value
$745,600

Facts & Features

Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1955
Living Area 2,290 sq ft
Lot Size 0.14 acres
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 7

Interior

Heating Baseboard, Oil
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement Full, Unfinished
Laundry None
Features None

Exterior

Construction None
Architecture Colonial
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $6,904
Assessed Value $745,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Located In Fema Flood Zone [ae]; Buyer To Verify Flood Insurance Requirements With Lender.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 33 days

Property Overview

Property Type
Single Family Residence
Listing Type
Sale Pending
Year Built
1955
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,290 sq ft
Total Rooms
7

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Unfinished
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1955
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter

Heating, Cooling & Utilities

Heating: Baseboard, Oil
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Paved Drive, Off Street

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 $575
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.

Location

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Neighborhood

7 Alma Ter, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Sean Connolly
Listing Office RE/MAX 360
Office Phone 978-560-8500
Agent MLS ID CN203965
Office MLS ID AN8814
Listing Data Updated Aug 26, 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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Steve Novak Real Estate
Steve Novak Real Estate
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