CCertihomes
2 Ledgewood Way #5, Peabody, MA 01960

$410,000

2 beds 2 baths 1,004 sqft Built 198021 days on marketActive

About this home

Cash or private financing. Desirable Ledgewood Condominium! 2 Bedroom, 2 Bath unit has roomy living room with expansive slider window leading to exclusive use balcony. Kitchen has ceramic tile floor, stainless steel appliances (frig 7 yrs, DW 9 yrs, stove 9 yrs), and subway, tile backsplash. Both bathrooms have been upgraded with vanities, cabinetry and toilets. HEAT/AC REPLACED 2022! Front door 2 years old. You will love the elongated front entry closet. The main bedroom has a walk in closet and private bath. In unit laundry room with plenty of storage. The complex has in-ground pool, renovated club room, tennis & an abundance of guest parking. In going and outgoing mail right in the building. Convenient, on-site professional management. The inviting, landscaped grounds bloom in all seasons. High owner occupancy. Close to major highways, shopping/restaurants.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.2% APR.

Your estimated payment
$4,128/mo

Real estate (PITI + HOA + PMI)
$4,328
Principal + interest$2,644
Property tax + insurance$1,099
HOA$431
PMI / 2nd mortgage$154
Utilities
$366
Heating + cooling$46
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$123
Car insurance + maintenance$123
Other (entertainment)
$158
$4,128/mo TLC
Budget$5,000/mo
Remaining after TLC$872/mo
Purchase price
$410,000
Down payment
$20,500 (5%)
Loan amount
$389,500
APR
7.2%

Quick facts

Type
Condominium
Style
Year built
1980
Lot size
Stories
1
Heating
Forced Air, Heat Pump, Electric, Individual, Unit Control
Cooling
Central Air, Heat Pump, Individual, Unit Control
Water
Public
HOA
$431 / Monthly
Annual tax
$3,124
MLS #
73205117
County
Essex

At a glance

Air conditioning
Basement
Dishwasher
Balcony

Home features

Appliances
RangeDishwasherDisposalRefrigeratorWasherDryer
Exterior
BalconyProfessional LandscapingSprinkler SystemTennis Court(s)
Community
ShoppingParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathHighway AccessHouse of WorshipPublic School
Parking
Off StreetAssignedCommonGuestPaved
Pool
AssociationIn Ground
Kitchen
Flooring - Stone/Ceramic TileStainless Steel Appliances
Security
Intercom
Flooring
Tile, Carpet
Sewer
Public Sewer

Neighborhood — 01960

MetricThis ZIPCountyUSA
Population48,9266,444,931299,088,112
Population Change Since19904.00%7.00%20.00%
Population Density2,902786
Male23,6833,127,134147,432,321
Female25,2433,317,797151,655,844
Never Married10,0561,612,88563,775,926
Married22,3862,586,314123,120,365
Separated1,255247,85712,639,686
Widowed3,273363,59415,467,586
Divorced3,366436,88823,075,029
Number Of House Hold18,9592,431,591111,826,380
Average House Hold Size2.552.562.60
Medial Age40.6237.2535.46
Median House Hold Income$61,346$57,698$48,276
Average House Hold Income$68,169$75,023$63,629
P C I$27,357$29,196$24,529
M D I$50,765$48,105$41,133
A T H E$53,942$57,083$50,898
S T R5.00%5.00%
W C J79.00%81.38%77.74%
(Zip) Code
1960

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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MLSPIN

Listing information last refreshed 2/23/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.