Google street view image for 42 Reed Rd, Peabody, MA 01960

Off market dec 1980 for $51K

$538,509

Est. refi paymentEst. refi $349/mo

•

1 ba

•

1,008

sq ft

42 Reed Rd, Peabody, MA 01960

About this home

42 Reed Rd is a 1,008 square foot house on a 10,019 square foot lot with 3 bedrooms and 1 bathroom. - it last sold on December 01, 1980 for $51,900. Based on Redfin's Peabody data, we estimate the home's value is $538,509.

Single-familyProperty Type

1958Year Built

10,019 sq ftLot Size

$534Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$538,509

$487K since sold in December 1980$28K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.5% lower than the average sale price ($669K) of 6 comparable homes.

SOLD FEB 11, 2026
$560,000
A
3 beds1 bath1,264 sq ft
58 Trask Rd, Peabody, MA 01960
SOLD JUL 29, 2026
$650,000
B
3 beds1.5 baths1,632 sq ft
12 Raylen Ave, Peabody, MA 01960
SOLD MAR 16, 2026
$725,000
C
3 beds1.5 baths1,234 sq ft
59 Nancy Ave, Peabody, MA 01960
SOLD NOV 17, 2025
$630,000
D
3 beds1 bath1,152 sq ft
17 Trask Rd, Peabody, MA 01960
SOLD JUN 25, 2026
$738,000
E
3 beds2 baths2,000 sq ft
1 Reed Rd, Peabody, MA 01960
SOLD AUG 19, 2026
$710,000
F
3 beds1 bath1,652 sq ft
9 Reynolds Rd, Peabody, MA 01960

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Earn from this home

Sell

$510,820

Est. take-home

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Refinance

Est. cash available

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Rent

$2,563/mo

Redfin rental estimate

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Market trends in 01960, MA

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.5%

0.2% MoM

Median sale price

$697K

$18K MoM

Avg. days on market

20d

0 days MoM

Recently sold homes

122

6 MoM

New listings for sale

OPEN SUN, 11AM TO 1PM
$389,900
2 beds1 bath1,240 sq ft
27 Lynn St Unit A, Peabody, MA 01960
OPEN SUN, 11AM TO 1PM
$399,900
2 beds1 bath1,570 sq ft
25 Lynn St Unit B, Peabody, MA 01960
OPEN TODAY, 1PM TO 2:30PM
$675,000
2 beds2.5 baths1,581 sq ft
9 Glenway Ave, Peabody, MA 01960
OPEN TODAY, 11AM TO 1PM
$799,900
4 beds1.5 baths2,138 sq ft
24 Styles Dr, Peabody, MA 01960
$179,900
2 beds1 bath870 sq ft
252 Newbury #54, Peabody, MA 01960
OPEN TODAY, 11AM TO 12:30PM
$359,000
1 bed1 bath880 sq ft
210 Washington St #11, Peabody, MA 01960
REDFIN OPEN TODAY, 12PM TO 2PM
$689,900
3 beds1.5 baths1,720 sq ft
53 Catherine Dr, Peabody, MA 01960
OPEN TODAY, 10:30AM TO 12PM
$459,000
2 beds1.5 baths1,072 sq ft
52 Warren St #8, Peabody, MA 01960
$1,349,000
4 beds3.5 baths3,166 sq ft
150-R Winona St, Peabody, MA 01960
OPEN TODAY, 11AM TO 12:30PM
$299,998
1 bed1 bath610 sq ft
80 Foster St #203, Peabody, MA 01960
See all

Provided by Redfin

Sale history for 42 Reed Rd

Year

Property tax

Land + Additions

Assessment*

2022

$3,940 (+0.2%)

$248,000 + $206,600

$454,600

2021

$3,932 (+4.5%)

$196,000 + $178,800

$374,800

2020

$3,764 (+11.1%)

$196,000 + $154,500

$350,500

2019

$3,389 (−1.0%)

$196,000 + $111,800

$307,800

2018

$3,422 (+15.6%)

$175,000 + $123,600

$298,600

2017

$2,959 (+5.2%)

$175,000 + $76,600

$251,600

2016

$2,813 (−5.7%)

$175,000 + $61,000

$236,000

2015

$2,982 (+5.2%)

$175,000 + $67,400

$242,400

2014

$2,835 (+2.8%)

$177,600 + $51,000

$228,600

2013

$2,757 (+0.8%)

$177,600 + $52,500

$230,100

2012

$2,734 (+1.9%)

$177,600 + $53,700

$231,300

2011

$2,682 (+6.8%)

$177,600 + $54,000

$231,600

2010

$2,511 (+4.7%)

$177,600 + $61,500

$239,100

2009

$2,399

$196,900 + $61,100

$258,000

Tax history for 42 Reed Rd

Year

Property tax

Land + Additions

Assessment*

2022

$3,940 (+0.2%)

$248,000 + $206,600

$454,600

2021

$3,932 (+4.5%)

$196,000 + $178,800

$374,800

2020

$3,764 (+11.1%)

$196,000 + $154,500

$350,500

2019

$3,389 (−1.0%)

$196,000 + $111,800

$307,800

2018

$3,422 (+15.6%)

$175,000 + $123,600

$298,600

2017

$2,959 (+5.2%)

$175,000 + $76,600

$251,600

2016

$2,813 (−5.7%)

$175,000 + $61,000

$236,000

2015

$2,982 (+5.2%)

$175,000 + $67,400

$242,400

2014

$2,835 (+2.8%)

$177,600 + $51,000

$228,600

2013

$2,757 (+0.8%)

$177,600 + $52,500

$230,100

2012

$2,734 (+1.9%)

$177,600 + $53,700

$231,300

2011

$2,682 (+6.8%)

$177,600 + $54,000

$231,600

2010

$2,511 (+4.7%)

$177,600 + $61,500

$239,100

2009

$2,399

$196,900 + $61,100

$258,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Property details

Interior

Bathroom Information
# of Full Baths: 1

Heating & Cooling
Heating Type: Forced Hot Water

Fireplace Information
# of Fireplaces: 1
Has Fireplace

Room Information
# of Rooms: 6

Exterior

Exterior Information
Physical Condition: Average
Building Style Type: Ranch
Exterior Wall: Wood Siding/Shingle

Property Information
Subdivision Name: RIDGEFIELD/PEABODY
Living Sq. Ft: 1,008
Gross Sq. Ft: 1,008
# of Units: 1
# of Stories: 1

Parking & Garage Information
Parking Type: Attached Garage
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 10,019
Municipality Name: PEABODY
Acres: 0.23
Zoning Code: R1B
State Use Description: 1-FAMILY RESIDENCE

Financial

Assessor Information
Assessment Year: 2023

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,008
Stories: 1.0
Lot Size: 10,019 square feet
Style: Single Family Residential
Year Built: 1958
Year Renovated: —
County: Essex County
APN: 2101960

Home facts updated by county records on Jul 20, 2023

Around this home

Schools

J Henry Higgins Middle School

Public 6-8 • Assigned • 1.3mi

5/10

Peabody Veterans Memorial High School

Public 9-12 • Assigned • 0.9mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 95° expected this year, 15 days in 30 years

6/10 Wind Factor

68% chance of strong winds in next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Peabody, MA • 01960

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.

9.1 hrs

4.4 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$512,000 – $620,000

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Home values near 42 Reed Rd

Data from public records.

Address	Redfin Estimate
49 Reed Road, Peabody, MA 3 Beds \| 1 Baths \| 1360 Sq. Ft.	$603,756
43 Reed Road, Peabody, MA 3 Beds \| 1 Baths \| 1520 Sq. Ft.	$629,159

Address	Redfin Estimate
47 Reed Road, Peabody, MA 5 Beds \| 2 Baths \| 2292 Sq. Ft.	$727,127
41 Reed Road, Peabody, MA 3 Beds \| 1 Baths \| 1360 Sq. Ft.	$630,163

Address	Redfin Estimate
45 Reed Road, Peabody, MA 3 Beds \| 2 Baths \| 1704 Sq. Ft.	$586,268
39 Reed Road, Peabody, MA 3 Beds \| 1 Baths \| 1008 Sq. Ft.	$554,569

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GreatSchools Ratings provided by GreatSchools.org.

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