7 Alma Ter, Peabody MA 01960

Peabody, MA 01960
$849,900
$824,900
Est. $4,946/month
4
Beds
2.5
Baths
2,290
Sq Ft
$360
Price/Sq Ft
0.14
Acres
1955
Year Built
2
Parking
20
Days on Market
For Sale Price Drop -$25,000 Open House Listed Jul 21, 2026 • MLS# 73552789 Copied! • Updated Aug 9, 2026

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Open House Schedule

15
Aug
Saturday, August 15
11:30 AM - 1:00 PM EDT
13
Aug
Thursday, August 13
5:00 PM - 6:30 PM EDT

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.

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
2.9%
Price Range

Property Timeline

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
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) 19 days

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
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
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
A-
South Memorial School
0.6 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
B-
Captain Samuel Brown School
0.7 mi | #482 of 824 | Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students Diverse
Rising School
Grades K-05
C-
Center School
1.3 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
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
1.2 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+
Pickering Middle School
2.0 mi | #226 of 352 | Score: 38.6
Improved 81 spots from last year
-19.6 below state avg
583 students Diverse
Rising School
Grades 06-08
C+
Collins Middle School
2.8 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
H

High Schools

3 schools
Bridgewell Program
2.1 mi
Grades 09-12
C
Peabody Veterans Memorial High School
2.2 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
B
Salem High School
2.6 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
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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

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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.

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 9, 2026 7:09 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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