7 Fairmount, Peabody MA 01960

Peabody, MA 01960
$645,000
Est. $3,899/month
2
Beds
2
Baths
1,778
Sq Ft
$363
Price/Sq Ft
0.20
Acres
1920
Year Built
2
Days on Market
Closed Listed Mar 18, 2025 • MLS# 73346735 Copied!

About this home

Welcome to 7 Fairmount Rd! This move-in ready home is nestled on a peaceful side street just off RT 114. Only minutes from Northshore Mall and Liberty Tree Mall, you'll have easy access to all the shopping and dining options along 114 while enjoying the quiet charm of Fairmount Rd. Completely renovated down to the studs in 2018, this home offers modern updates throughout. Plus, with easy access to Route 128, it's a commuter's dream. Featuring 2 bedrooms and 2 bathrooms, it also boasts additional finished space in the basement—perfect for expanding and personalizing this wonderful home!

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
2
Full Bathrooms
2
Living Area
1,778 sq ft
Total Rooms
12

Sale Statistics

Sale Overview
Original List Price: $619,999
Final Sale Price: $645,000
Difference: +$25,001 (+4.0%)
Performance Metrics
104.0%
List to Sale Ratio
Sold above asking price
2
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $349
Sale $/sq ft: $363
This property sold for $363 per square foot
Sale Summary

This property sold for 4.0% above the original asking price, indicating strong buyer demand.

With only 2 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,778 sq ft
Lot Size 0.20 acres
Bedrooms 2
Full Baths 2
Total Rooms 12

Interior

Heating Natural Gas
Cooling Central Air
Flooring Wood, Tile
Appliances Gas Water Heater, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Fireplaces 1
Basement Full
Laundry Washer Hookup
Features Internet Available - Satellite

Exterior

Construction Stone
Architecture Colonial
Roof Shingle
Features Patio
Pool None
Spa None
Fencing None
Patio/Porch Patio

Parking

Garage Spaces 1
Has Garage Yes
Features Detached, Paved Drive, Off Street
Total Spaces 7

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, Washer Hookup

Financial

Annual Tax $5,245
Assessed Value $575,100

Interior Features

Flooring: Wood, Tile
Appliances: Gas Water Heater, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Internet Available - Satellite
Windows: Insulated Windows
Basement: Full
Laundry: Washer Hookup
Security:

Construction & Materials

Style: Colonial
Year Built: 1920
Structure Type:
Exterior Materials: Stone
Roof: Shingle
Foundation: Stone

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 7
Parking Features: Detached, Paved Drive, Off Street

Special Features

Fireplaces: 1
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, Public School

Location

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Neighborhood

7 Fairmount, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

School information not available

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
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $437
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.

Property History

Market Insights

3.9%
Price Range
3
Total Days on Market

Property Timeline

Sold
Apr 25, 2025
$645,000
Property sold
Days on Market: 3
🏠
Listed for Sale
Mar 18, 2025
$619,999
Original listing
Agent: Robert Nelson Office: Churchill Properties

Price & Status History

Date Event Price Change
Mar 18, 2025 New Listing Added $619,999

Market Statistics

Days on Market
2 days
Price per Sq Ft
$363

Tax History

Year Taxes Assessment
2024 $5,245 $575,100

Financial Details

Annual Property Tax
$5,245
Tax Year 2024
Assessed Value
$575,100

Listing Information

Listing Agent Robert Nelson
Listing Office Churchill Properties
Agent MLS ID CN255073
Office MLS ID AN4851
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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7 Fairmount, Peabody MA 01960 - Photo 1 7 Fairmount, Peabody MA 01960 - Photo 2 7 Fairmount, Peabody MA 01960 - Photo 3 7 Fairmount, Peabody MA 01960 - Photo 4 7 Fairmount, Peabody MA 01960 - Photo 5 7 Fairmount, Peabody MA 01960 - Photo 6 7 Fairmount, Peabody MA 01960 - Photo 7 7 Fairmount, Peabody MA 01960 - Photo 8 7 Fairmount, Peabody MA 01960 - Photo 9 7 Fairmount, Peabody MA 01960 - Photo 10 7 Fairmount, Peabody MA 01960 - Photo 11 7 Fairmount, Peabody MA 01960 - Photo 12 7 Fairmount, Peabody MA 01960 - Photo 13 7 Fairmount, Peabody MA 01960 - Photo 14 7 Fairmount, Peabody MA 01960 - Photo 15 7 Fairmount, Peabody MA 01960 - Photo 16 7 Fairmount, Peabody MA 01960 - Photo 17 7 Fairmount, Peabody MA 01960 - Photo 18 7 Fairmount, Peabody MA 01960 - Photo 19 7 Fairmount, Peabody MA 01960 - Photo 20 7 Fairmount, Peabody MA 01960 - Photo 21 7 Fairmount, Peabody MA 01960 - Photo 22 7 Fairmount, Peabody MA 01960 - Photo 23 7 Fairmount, Peabody MA 01960 - Photo 24

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