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$649,000 Contingent
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Property 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.
Full Property Details
Full Property Details for 2 Summit Terrace
General
- Price: $649,000
- Taxes: $4,463 (2025)
- Status: Contingent
- Type: Single Family
- Source: MLSPin
- MLS ID: 73453258
- Updated: 1/5/2026
- Added to Site: 67 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Internet Available - Unknown
- Appliances: Water Heater, Range, Dishwasher, Refrigerator, Washer, Dryer
- Flooring: Tile, Carpet, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
- Bathroom 1: Bathroom with Tub, Stone/Ceramic Tile Flooring, 6.00 x 4.00, First, 24 Sq. Ft.
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: 12.00 x 11.00, First, 132 Sq. Ft.
- Bedroom 2: Dressing Room, 9.00 x 9.00, First, 81 Sq. Ft.
- Bedroom 3: Wall-to-Wall Carpet, 13.00 x 12.00, Second, 156 Sq. Ft.
- Bedroom 4: Wall-to-Wall Carpet, 12.00 x 12.00, Second, 144 Sq. Ft.
Other Rooms
- Living Room: Hardwood Flooring, 13.00 x 13.00, First, 169 Sq. Ft.
- Kitchen: Stone/Ceramic Tile Flooring, Kitchen Island, 13.00 x 11.00, First, 143 Sq. Ft.
- Laundry: In Basement, Electric Dryer Hookup, Washer Hookup
Exterior
- Exterior Features: Rain Gutters, Storage
- Color: Yellow
Parking
- Total Spaces: 6
- Parking Features: Off Street, Paved
Location
- County: Essex
- Driving Directions: Forest Street to Anthony Road to Summit Terrace
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Steam, Oil
- Heating Fuel: Steam, Oil
- Heating Zones: 1
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Connection for Electric Range, Connection for Electric Dryer, Washer Hookup
Structural Information
- Architectural Style: Cape
- Basement: Yes
- Basement Desc.: Full
- Roof: Shingle
- Square Feet: 1,104
- Sq. Ft. Source: Public Records
- Year Built: 1948
Lot Features
- Lot Size (Acres): 0.18
- Lot Dimensions: .18
- Frontage: Public
- Lot Features: Level
Financial Considerations
- Price Per Sq. Ft.: $587.86
- Tax Amount: $4,463
- Tax Year: 2025
Disclosures and Reports
- Property ID: M:0073 B:0002, 2103747
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2 Summit Terrace
School District:Peabody School District
| Name | Grades | Distance |
|---|---|---|
Peabody Veterans Memorial High School 485 Lowell Street, Peabody, MA 01960 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2 Summit Terrace
Date
Details
Price
Change
Source
11/10/2025
Listed
$649,000
5.53%
MLS
8/09/2024
Sold
$615,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2 Summit Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,463
9%
$482,000
8%
2024
$4,084
1%
$447,800
6%
2023
$4,036
4%
$423,900
10%
2022
$3,875
1%
$383,700
5%
2021
$3,830
7%
$365,100
10%
2020
$3,581
1%
$333,400
4%
2019
$3,540
9%
$321,500
13%
2018
$3,256
10%
$284,100
12%
2017
$2,972
-2%
$252,700
-1%
2016
$3,032
-1%
$254,400
2%
2015
$3,069
14%
$249,500
15%
2014
$2,685
—
$216,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2 Summit Terrace
2 Summit Ter, Peabody, MA 01960 (MLS# 73453258) is a Single Family property with 4 bedrooms and 1 full bathroom. 2 Summit Ter is currently listed for $649,000 and was received on November 10, 2025. This property is listed by Ann Long from our Beverly Office.Want to learn more about 2 Summit Ter? Do you have questions about finding other Single Family real estate for sale in Peabody? You can browse all Peabody real estate or contact a Coldwell Banker agent to request more information.


