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CondominiumResidential

3 LEDGEWOOD WAY

PEABODY, MA 01960
1980
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
Built 198025 units806–1,372 ft²
$11M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$431K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$420
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

+10.3%vs the Peabody ZIP median sale $/ft² ($381)

Sales Performance

—
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
—
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
0
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
0.0%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+3.7%per yeartypical hold 8.2 yrsfrom 30 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
19871993199820022005201220182025
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
19871993199820022005201220182025

56 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Every unit: size vs estimated valueEvery unit in the building as one dot: across is its size, up is our current value estimate, and color is its bedroom count. Vertical columns of dots are recurring floor plans; the height spread within a column shows how much floor, view and condition move prices for the same layout.
$351K$401K$451K$501K806 ft²919 ft²1,032 ft²1,146 ft²1,259 ft²1,372 ft²
1 bd2 bd3 bd
1 bed
3 units
2 bed
20 units
3 bed
2 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
2 bd · 2 ba · 1,020 ft²
4 units
2 bd · 2 ba · 1,004 ft²
3 units
1 bd · 1 ba · 806 ft²
2 units
2 bd · 2 ba · 1,000 ft²
2 units
2 bd · 2.5 ba · 1,258 ft²
2 units
2 bd · 2.5 ba · 1,260 ft²
2 units
One-off layouts
10 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$351K–$351K
1 unit
$382K–$387K
3 units
$395K–$400K
2 units
$414K–$425K
5 units
$431K–$441K
8 units
$459K–$459K
1 unit
$470K–$472K
3 units
$485K–$501K
2 units

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.88%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.24%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.12.1 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.60%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.33%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$441,553
Median tax billThe middle annual property tax bill among the building's units.$3,321
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 16Oct 23, 2025$424,000Unit 6Oct 15, 2025$410,000Unit 20Sep 17, 2025$445,000Unit 5Jan 29, 2025$189,600Unit 7Sep 2, 2022$375,000Unit 2Sep 16, 2020$325,000Unit 22Sep 4, 2019$321,000Unit 9Jul 31, 2019$280,000Unit 4Jul 17, 2019$330,000Unit 8Dec 27, 2018$260,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,999 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$422,300 (2026)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$422,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$412,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$459,865

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.16 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyESSEX
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
HeatingThe type of heating system in the home.Forced Air With Air Conditioning
CoolingThe type of cooling or air conditioning in the home.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Deck

Transaction History(9)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

H
Peabody Veterans Memorial High SchoolD
High · Grades 9–12 · 0.3 mi
E
John E. McCarthy Elementary SchoolC
Elementary · Grades PK–5 · 1.5 mi
M
J. Henry Higgins Middle SchoolC-
Middle · Grades 6–8 · 2.4 mi

District: Peabody School District

Neighborhood · ZIP 01960These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.92
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.86

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.6.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.55,508
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.3,314 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$93,909
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$118,402
Average tempThe average temperature here across a full year.49°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

3 Ledgewood Way
3 bd · 2 ba · 1,370 ft²
$483K
3 Ledgewood Way # 1
2 bd · 2 ba · 1,021 ft²
$438K
3 Ledgewood Way # 1a
2 bd · 2 ba · 1,004 ft²
$416K
3 Ledgewood Way # 2
2 bd · 2 ba · 1,000 ft²
$431K
3 Ledgewood Way # 4
2 bd · 2.5 ba · 1,018 ft²
$431K
3 Ledgewood Way # 5
2 bd · 2 ba · 1,000 ft²
$351K
3 Ledgewood Way # 6
2 bd · 2 ba · 1,004 ft²
$422K
3 Ledgewood Way # 7
2 bd · 2 ba · 1,020 ft²
$425K
3 Ledgewood Way # 8
2 bd · 2 ba · 1,004 ft²
$441K
3 Ledgewood Way # 9
1 bd · 1 ba · 806 ft²
$382K
3 Ledgewood Way # 10
2 bd · 2 ba · 1,372 ft²
$485K
3 Ledgewood Way # 11
2 bd · 2 ba · 1,020 ft²
$434K
3 Ledgewood Way # 12
2 bd · 2.5 ba · 1,260 ft²
$501K
3 Ledgewood Way # 13
2 bd · 2 ba · 1,008 ft²
$414K
3 Ledgewood Way # 14
2 bd · 2 ba · 1,010 ft²
$424K
3 Ledgewood Way # 15
2 bd · 2 ba · 1,018 ft²
$440K
3 Ledgewood Way # 16
2 bd · 2 ba · 1,020 ft²
$436K
3 Ledgewood Way # 17
1 bd · 1 ba · 806 ft²
$384K
3 Ledgewood Way # 18
3 bd · 2 ba · 1,370 ft²
$395K
3 Ledgewood Way # 19
2 bd · 2.5 ba · 1,258 ft²
$470K
3 Ledgewood Way # 20
2 bd · 2 ba · 1,080 ft²
$459K
3 Ledgewood Way # 21
2 bd · 2 ba · 1,020 ft²
$431K
3 Ledgewood Way # 22
2 bd · 2.5 ba · 1,258 ft²
$472K
3 Ledgewood Way # 23
2 bd · 2.5 ba · 1,260 ft²
$470K
3 Ledgewood Way # 24
1 bd · 1 ba · 822 ft²
$400K
3 Ledgewood Way # 25
3 bd · 2.5 ba · 1,286 ft²
$387K

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 3 Ledgewood Way

How many units are in 3 Ledgewood Way, Peabody, MA?

3 Ledgewood Way, Peabody, MA has 25 residential units across built in 1980, according to county assessor records.

What is a unit at 3 Ledgewood Way, Peabody, MA worth?

The median TopHap Estimate across the 25 units at 3 Ledgewood Way, Peabody, MA is $430,972. That works out to $420 per square foot. Units run from 806 to 1,372 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 3 Ledgewood Way, Peabody, MA expensive for Peabody?

Units at 3 Ledgewood Way, Peabody, MA carry a median of $420 per square foot, 10% above the Peabody median of $381 per square foot.

How often do units sell at 3 Ledgewood Way, Peabody, MA?

0 units at 3 Ledgewood Way, Peabody, MA sold in the last 12 months, out of 56 recorded arms-length sales all time. That is a turnover rate of 0.0% of the building per year.

Have units at 3 Ledgewood Way, Peabody, MA appreciated?

Across 30 repeat sales of the same unit, 3 Ledgewood Way, Peabody, MA returned a median 3.7% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 8.2 years.

What floor plans does 3 Ledgewood Way, Peabody, MA have?

The most common plan at 3 Ledgewood Way, Peabody, MA is a 2-bedroom of 1,020 square feet, repeated 4 times, with a median estimate of $432,505. TopHap identifies 6 recurring plans in the building.

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