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Duplex (2 Units, Any Combination)Residential
Last sold for $142,000 on Jun 29, 1989

40 FRANKLIN ST

PEABODY, MA 01960
4
Beds
2
Baths
2,345 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.19 ac
Lot SizeThe size of the land the home sits on, from county records.
1880
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$142,000 · Jun 29, 1989

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,875 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$634,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$243,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$391,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$634,400

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Duplex (2 Units, Any Combination)
StyleThe architectural style of the home, such as ranch or colonial.Cape Cod
CountyEssex
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1992
Lot (acres)The size of the land the home sits on, from county records.0.19
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.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(6)

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.

M
J. Henry Higgins Middle SchoolC-
Middle · Grades 6–8 · 0.5 mi
E
Center Elementary School
Elementary · Grades KG–5 · 0.7 mi
H
Peabody Veterans Memorial High SchoolD+
High · Grades 9–12 · 2.5 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%

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

How this home compares

40 Franklin St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Bigger than 80% of homes in Peabody 01960
  • Has a bigger lot than 81% of homes in Peabody Town Center
  • Older than 96% of homes in Peabody 01960

How it measures up in Peabody 01960

The dot is this home. The mark in the middle is the typical home in Peabody 01960.

Living area2,345 ft²
SmallerTypical 1,692 ft²Bigger

Bigger than 80% of homes nearby

Lot size0.19 ac
SmallerTypical 0.23 acBigger

Bigger than 42% of homes nearby

Year built1880
OlderTypical 1960Newer

Newer than 4% of homes nearby

How 40 Franklin St ranks against every home in each area.
MeasureThis homePeabody Town CenterPeabody 01960Essex County
Living areabigger than2,345 ft²78% of homes80% of homes69% of homes
Lot sizebigger than0.19 ac81% of homes42% of homes37% of homes
Year builtnewer than188011% of homes4% of homes8% of homes

About 40 Franklin St

When did 40 Franklin St, Peabody, MA last sell?

40 Franklin St, Peabody, MA last sold on Jun 29, 1989 for $142,000, according to the county's recorded deed.

How big is 40 Franklin St, Peabody, MA?

40 Franklin St, Peabody, MA has 4 bedrooms, 2 bathrooms, 2,345 square feet of living space and a 0.19-acre lot.

When was 40 Franklin St, Peabody, MA built?

40 Franklin St, Peabody, MA was built in 1880, making it 146 years old. It is a cape cod home. The building has 2 stories.

What schools serve 40 Franklin St, Peabody, MA?

40 Franklin St, Peabody, MA is assigned to J. Henry Higgins Middle School (middle), rated C-; Center Elementary School (elementary); Peabody Veterans Memorial High School (high), rated D+. All sit in Peabody School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 40 Franklin St, Peabody, MA compare to other homes in Peabody 01960?

Among the 14,494 homes in Peabody 01960, it is bigger than 80% of them (2,345 ft² against a typical 1,692 ft²), its lot is bigger than 42% of them (0.19 ac against a typical 0.23 ac) and it is newer than 4% of them (1880 against a typical 1960). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 40 Franklin St, Peabody, MA?

The 2025 property tax bill for 40 Franklin St, Peabody, MA was $5,875. The county assessed it at $634,400.

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