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Sold for $525,000
  • $525,000

    4 Pinewood Rd, Peabody, MA 01960

    4beds
    1,822sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $544,500 Zestimate®
    $288/sqft
    $4,646 Estimated rent

    Home value

    $544,500

    $517,000 - $577,000

    $4,646/mo

    Zestimate® history
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    What's special

    **ATTENTION BUILDERS, DEVELOPERS & REAL ESTATE INVESTORS!** Rare redevelopment opportunity in desirable **West Peabody**. Located at **4 Pinewood Road, Peabody, MA**, this property is likely a **tear-down** and offers an exciting opportunity for a builder, developer, or investor looking to unlock the potential of a **level lot in an established residential neighborhood**.Potential redevelopment possibilities may include construction of a **new single-family home or possible two-unit/condex-style project**, subject to zoning, permitting, municipal approvals, and buyer due diligence.Conveniently located near major highways, shopping, schools, and area amenities, this property offers an attractive location for new construction.**Property is being marketed primarily for its redevelopment potential and is being sold as-is.** Buyers and buyers' agents are responsible for independently verifying all information, including lot dimensions, zoning, allowable use, utilities, permitting requirements, and development potential with the City of Peabody. Seller and listing agent make no representations or warranties regarding the property's suitability for any particular use or development.**Bring your plans, your builder, and your vision—opportunities like this in West Peabody are hard to find.**

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Behan 603-235-8600,

    Chinatti Realty Group, Inc. 978-320-3377

    Bought with:

    Jeanna Alimonti

    Clements Realty Group

    Source: MLS PIN,MLS#: 73569725

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,822
    • Total interior livable area: 1,822 sqft
    • Finished area above ground: 1,822

    Property

    Parking
    • Total spaces: 5
    • Parking features: Paved Drive
    • Uncovered spaces: 5
    Lot
    • Size: 0.36 Acres
    • Features: Fill Needed, Level
    Details
    • Parcel number: M:0022 B:0142,2097979
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1963

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Peabody

    Financial & listing details

    • Price per square foot: $288/sqft
    • Tax assessed value: $624,900
    • Annual tax amount: $5,787
    • Date on market: 9/23/2026
    • Total actual rent: 0

    Price history

    DateEventPrice
    9/24/2026Sold$525,000+5%$288/sqft
    Source: MLS PIN #73569725 Report a problem
    8/30/2026Pending sale$500,000$274/sqft
    Source: MLS PIN #73569725 Report a problem
    8/29/2026Listed for sale$500,000$274/sqft
    Source: MLS PIN #73569725 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,787 +2.9%$624,900 +1.3%
    2024$5,623 +14.3%$616,600 +19.4%
    2023$4,918 $516,600
    2022$4,918 -2.6%$516,600 +7.4%
    2021$5,047 +4.6%$481,100 +7.1%
    2020$4,824 +1.7%$449,200 +4.3%
    2019$4,743 +3.4%$430,800 +7.6%
    2018$4,587 +0.5%$400,300 +3.1%
    2017$4,566 -2.9%$388,300 -1.6%
    2016$4,702 +8.7%$394,500 +12.2%
    2015$4,325 +2.8%$351,600 +3.7%
    2014$4,206 +3.7%$339,200 +0.2%
    2013$4,054 +1.7%$338,400 +0.3%
    2012$3,988 +2.1%$337,400
    2011$3,907 +19.8%$337,400 +8.6%
    2010$3,261 +4.6%$310,600 -7.3%
    2009$3,117 +1.5%$335,200 -5.3%
    2008$3,070 -1.5%$354,100 -11.8%
    2007$3,116 +4.5%$401,500 +2.3%
    2006$2,981 +0.5%$392,300 +9.8%
    2005$2,965 +2.6%$357,200
    2004$2,890 +7.7%$357,200 +25.8%
    2003$2,683 +25.4%$283,900 +10%
    2001$2,140 +14.3%$258,200 +34.2%
    1999$1,872 $192,400
    Find assessor info on the county website

    Neighborhood: 01960

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $544,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $544,500