Location, Location, Location... Fantastic Contemporary on a spacious lot in a cul-de-sac neighborhood in West Peabody! This inviting home features a first floor Primary Suite! An oversized family room with access to the deck and beautiful back yard grounds. First floor has a greenhouse with lots of possibilities, 2 half baths and laundry area room. Second floor has 2 generous bedrooms and a full bath. Extra unfinished room with great potential. Lower level is finished for a gym, home office or game room with abundant storage and workshop. Attached 2 car garage and a storage shed. Conveniently located near major routes, dining and shopping. Come make this your new home!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1997
Living Area: 2,876 SqFt
Listing Office:
Office Name: Tache Real Estate, Inc.
Listing Agent: Mindy Reichman
Interior Features
Interior Information:
Appliances: Gas Water Heater, Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Basement: Yes
Flooring Type: Carpet, Hardwood
Bedroom and Bathroom Information:
Partial Bathrooms: 2
Full Bathrooms: 2
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Deck - Wood
Parking Information:
Garage Space: 2 spaces
Attached Garage: Yes
Parking: Attached, Paved Drive, Off Street
Lot Features
Lot Information:
Lot Size: 0.46 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Central Air
Other
Directions Information:
Directions: Lowell Street, Right on Goodale Street left on Forbes Way
Price Information
Listing Price Info
Price Summary:
List Price: $989,000
Price Per SqFt: $344/SqFt
Agent Commission:
Buyer's Agent Commission: 2
Tax Information:
Annual Amount: $8,084
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Peabody, MA.
This property is $374K more than the Median Sold Price and $31/SqFt less than other homes in Peabody, MA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MLS Property Information Network
MLS Number: #73238148
Listing Office:
Office Name: Tache Real Estate, Inc.
Listing Agent: Mindy Reichman
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.
Last updated on: 5/29/2024, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 18, 1997
Jun 18, 1997Home Sold
$369,000
Oct 23, 1995
Oct 23, 1995Home Sold
$265,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,084
$770,600
2020
$7,976
$742,600
2019
$7,761
$704,900
2018
$7,271
$634,500
2017
$7,235
$615,200
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,004
Per Month
Principal & Interest
$4,937
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,032
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
John E. Mccarthy
76 Lake St
Distance between this listing and this school1.21 miles
Public District Grades PK-5
4
/10
West Memorial
15 Bow St
Distance between this listing and this school1.46 miles
Public District Grades PK-5
5
/10
Highlands
190 Hobart St
Distance between this listing and this school1.59 miles
Public District Grades KG-5
Nearby Schools
5
/10
J Henry Higgins Middle School
21 Johnson St
Distance between this listing and this school0.58 miles
Public District Grades 6-8
4
/10
Holten Richmond Middle School
55 Conant St
Distance between this listing and this school3.05 miles
Public District Grades 6-8
7
/10
Lynnfield Middle School
505 Main St
Distance between this listing and this school3.50 miles
Public District Grades 5-8
Nearby Schools
3
/10
Peabody Veterans Memorial High School
485 Lowell St
Distance between this listing and this school0.79 miles
Public District Grades 9-12
8
/10
Lynnfield High School
275 Essex St
Distance between this listing and this school2.58 miles
Public District Grades 9-12
7
/10
Danvers High School
60 Cabot Rd
Distance between this listing and this school3.46 miles
The neighbors living near this home have an average income of $65,761. Most Peabody, MA residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2 Forbes Way
What is the listing price of this property?
The listing price of 2 Forbes Way property is $989,000.
What type of property is this?
The property 2 Forbes Way is a house located in Peabody, Massachusetts, 01960.
Is this property for sale now?
Accepting Backup Offers: 2 Forbes Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $8,084 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 18, 1997 for $369,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2 Forbes Way has 3 bedrooms and 2 full and 2 half bathrooms.
What is the square footage of this property?
The property 2 Forbes Way is 2,876 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2 Forbes Way is 1997.
This home is located at 2 Forbes Way in Peabody, MA and zip code 01960. This 2,876 square foot home, which was built in 1997, sits on a 0.46 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $989,000.
In April 2024 more than 17 listings in Peabody, MA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Peabody, MA increased by 15.4% between March 2024 and April 2024. While the average time on the market in April 2024 was 16 days, the median list price was $615,000.
From Rocket Homes Real Estate and based on county public records data.