2 Summit Ter
Peabody, MA 01960
- 4 Beds
- 1 Bath
- 1,104 sqft
$630,000
Last Sold: Mar 5, 2026
3% below list $649K
$571/sqft
Est. Refi. Payment $3,776/mo*
$630,000
Last Sold: Mar 5, 2026
3% below list $649K
$571/sqft
Est. Refi. Payment $3,776/mo*
4 Beds
1 Bath
1,104 sqft
Local Information
-- mins to
Description
This home has been beautifully transformed cosmetically in the last 15 months that the owners have resided here! It offers approximately 1,100 square feet of living space on a lot of 0.18 acres in the wonderful neighborhood of Emerson park. The residence has four bedrooms and one bathroom. Throughout the interior, the home features new wall-to-wall carpeting and newly painted surfaces. The hardwood floors have been refinished, adding warmth and character. Decorative wood beams on the living room ceiling provide a charming designer detail. The fenced-in yard offers ample outdoor space, perfect for entertaining family and friends. Off-street driveway parking for up to six vehicles. The property is situated close to major commuter routes as well as a variety of shopping and dining options. .Don't miss out on this charming move in ready home! Showings begin at Open Houses Saturday & Sunday 11/15 & 11/16.
2 Summit Ter, Peabody, MA 01960 is a 4 bedroom, 1 bathroom, 1,104 sqft single-family home built in 1948. It last sold for $630,000 on Mar 5, 2026 (3% below the $649,000 asking price). It is currently off market. The Trulia Estimate is $637,600, with a rent estimate of $3,743/month.
Home Highlights
Parking
6 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$571/sqft
Listed
180+ days ago
Home Details for 2 Summit Ter
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Interior Details Basement: FullNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1104 Square Feet |
Appliances & Utilities Utilities: for Electric Range, for Electric Dryer, Washer HookupAppliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerLaundry: In Basement,Electric Dryer Hookup,Washer HookupRefrigeratorWasher |
Heating & Cooling Heating: Steam,OilHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Steam |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Tile, Carpet, Hardwood |
Levels, Entrance, & Accessibility Floors: Tile, Carpet, Hardwood |
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Exterior Home Features Roof: ShingleExterior: Rain Gutters, StorageFoundation: Concrete Perimeter |
Parking & Garage Open Parking Spaces: 6No GarageHas Open ParkingParking Spaces: 6Parking: Off Street,Paved |
Frontage Road Frontage: PublicNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1104 |
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Year Built Year Built: 1948 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Cape |
Building Not Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: M:0073 B:0002, 2103747 |
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Price List Price: $649,000Price Per Sqft: $571/sqft |
Status Change & Dates Off Market Date: Sun Jan 18 2026 |
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MLS Status: Sold |
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Direction & Address City: Peabody |
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Building Area Building Area: 1104 Square Feet |
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Community Features: Shopping, Medical Facility, Highway Access, House of Worship, Private School, Public SchoolNot Senior Community |
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No HOA |
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Lot Area: 7784 sqft |
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Contingencies: Pending P&S |
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BasementMls Number: 73453258Above Grade Unfinished Area: 1104 |
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ShoppingMedical FacilityHighway AccessHouse of WorshipPrivate SchoolPublic School |
Last check for updates: about 7 hours ago
Listed by Ann Long, (978) 852-1436
Coldwell Banker Realty - Beverly, (978) 927-1111
Bought with: Amy Beaton, (978) 290-3593, Gibson Sotheby's International Realty, (978) 281-1002
Source: MLS PIN, MLS#73453258
Price History for 2 Summit Ter
| Date | Price | Event | Source |
|---|---|---|---|
| 03/05/2026 | $630,000 | Sold | MLS PIN #73453258 |
| 01/05/2026 | $649,000 | Contingent | MLS PIN #73453258 |
| 11/10/2025 | $649,000 | Listed For Sale | MLS PIN #73453258 |
| 08/09/2024 | $615,000 | Sold | MLS PIN #73244422 |
| 05/30/2024 | $549,900 | Listed For Sale | MLS PIN #73244422 |
Market trends in Peabody
Last updated June 2026
Avg. sale price
$625K
$29.58KMoM
Sale-to-List Price
101.4%
0.8%MoM
Price per sq ft
$396
$12MoM
Available listings
84
18MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $4,463 |
| Assessment | $482,000 |
Home facts updated by county records
Comparable Sales for 2 Summit Ter
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Single-Family Home | $620,000 | 07/30/25 | 3 | 1 | 1,210 | |
0.16 | Single-Family Home | $555,000 | 03/20/26 | 3 | 1 | 1,050 | |
0.22 | Single-Family Home | $585,000 | 12/26/25 | 3 | 1 | 1,404 | |
0.41 | Single-Family Home | $630,000 | 07/01/26 | 3 | 1 | 1,039 | |
0.47 | Single-Family Home | $630,000 | 11/17/25 | 3 | 1 | 1,152 | |
0.14 | Single-Family Home | $650,000 | 01/07/26 | 4 | 2 | 1,900 | |
0.46 | Single-Family Home | $700,000 | 07/31/25 | 3 | 1 | 1,396 | |
0.13 | Single-Family Home | $670,000 | 01/15/26 | 3 | 2 | 2,296 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2 Summit Ter.
What Locals Say about Peabody
At least 344 Trulia users voted on each feature.
83 % Say car is needed
82 % Say it's dog friendly
80 % Say there are sidewalks
76 % Say parking is easy
73 % Say streets are well-lit
73 % Say there's holiday spirit
69 % Say yards are well-kept
68 % Say people would walk alone at night
66 % Say kids play outside
59 % Say it's quiet
57 % Say it's walkable to restaurants
57 % Say they plan to stay for at least 5 years
53 % Say neighbors are friendly
53 % Say there's wildlife
47 % Say it's walkable to grocery stores
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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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.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.