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Backup Offers

2 Forbes Way, Peabody, MA, 01960

$989,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
2,876 SqFt
$344/SqFt
House
Schools Nearby

Location

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2 Forbes Way, Peabody$989,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Paved Drive, Off Street
Attached Garage2 spaces
Year Built1997
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #73238148
Lot Size0.46 Acres
StatusAccepting Backup Offers
(Contingent)

About 2 Forbes Way

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
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Housing Market Comparison

See how this home compares to others in Peabody, MA.

Med. Sold Price

$615K

Med. Price/SqFt

$374

Avg. Days On Market

16

# of Sold Homes

23

2 Forbes Way vs Peabody

13 DAYS ON ROCKET

-3 Days

$989,000

+$374K More

$344/SqFt

-$31 Less

KEY TAKEAWAY

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

IDX 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

Jun 18, 1997Home Sold
$369,000
Oct 23, 1995Home Sold
$265,000

Tax History

YEARPROP. TAXASSESSMENT
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

$5,004

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,032

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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.

Nearby Schools

school-card-donut-4233355
6
/10
  • John E. Mccarthy

  • 76 Lake St

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-4233356
4
/10
  • West Memorial

  • 15 Bow St

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-4233357
5
/10
  • Highlands

  • 190 Hobart St

  • 1.59 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

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.

Rocket HomesMassachusettsEssex CountyPeabody019602 Forbes Way

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.

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