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8 Ledgewood Way

Peabody, MA 01960

2 bd 2 ba 1,307 sqft Built 1985 condos
Most recent sale
$425,000
Dec 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2021 Sold $425,000 MLS #72903913
Oct 4, 2021 Listed $425,000 MLS #72903913
Jun 9, 2016 Sold $259,900 MLS #71985227
Apr 8, 2016 Listed $259,900 MLS #71985227
Mar 28, 1995 Sold $115,000 Public Record
Apr 3, 1987 Sold $138,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $414,400 $414,400 $3,837
2024 $400,100 $400,100 $3,649
2022 $406,600 $406,600 $3,793
2021 $339,000 $339,000 $3,556
2020 $329,500 $329,500 $3,539
2019 $281,700 $281,700 $3,102
2018 $257,900 $257,900 $2,956
2017 $245,900 $245,900 $2,892
2016 $231,600 $231,600 $2,761
2015 $219,700 $219,700 $2,702
2014 $214,900 $214,900 $2,665
2006 $282,000 $282,000 $2,143
2005 $263,900 $263,900 $2,190
2004 $263,900 $263,900 $2,135
2003 $185,900 $185,900 $1,757

Property facts

Year built
1985
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,307 sqft
Lot size
ZIP code
01960
City
Peabody
Street
Ledgewood Way
Coordinates
42.54890, -70.97453

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,790
Gross rental yield
10.70%
Implied cap rate
6.96%
Trend-extrapolated value

Frequently asked questions

When did 8 Ledgewood Way last sell?
8 Ledgewood Way most recently sold on Dec 6, 2021 for $425,000.
What is the current tax assessment for 8 Ledgewood Way?
The most recent total assessment for 8 Ledgewood Way (year 2025) is $414,400 with $3,837 in property tax.
How does 8 Ledgewood Way's assessment compare to its last sale price?
The current assessment is 2.5% below the last sale price of $425,000.
When was 8 Ledgewood Way built?
8 Ledgewood Way was built in 1985.
How does 8 Ledgewood Way compare to others on Ledgewood Way?
We track 8 other properties on Ledgewood Way. Browse the list under "Other properties on Ledgewood Way" to compare beds, baths, and sale history.
What are the property facts for 8 Ledgewood Way?
8 Ledgewood Way is a 2 bed, 2 bath, 1,307 sqft condos.
Is 8 Ledgewood Way a flip candidate?
No — 8 Ledgewood Way does not appear in our flips dataset.
Is 8 Ledgewood Way a tax-appeal candidate?
No — 8 Ledgewood Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.0%
2026 Q3
$689.2K
2026 Q4
$698.6K
ZIP 01960 — Median Price History + Forecast

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