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Single Family ResidenceResidential
$622,447$569 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Oct 21, 2026
Last sold for $275,000 on May 31, 2013

56 SUMMIT ST

PEABODY, MA 01960
2
Beds
1
Baths
1,094 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1949
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$622K
$584K low$661K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$275,000 · May 31, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,785 (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.$505,300 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$225,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$280,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$469,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$582,901

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
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.2012
Lot (acres)The size of the land the home sits on, from county records.0.15
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.Hot Water
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(7)

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

Foreclosure Filings(1)

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

E
Center Elementary SchoolC-
Elementary · Grades KG–5 · 0.4 mi
M
J. Henry Higgins Middle SchoolC-
Middle · Grades 6–8 · 0.7 mi
H
Peabody Veterans Memorial High SchoolD
High · Grades 9–12 · 1.5 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

56 Summit 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.

  • Costs more per square foot than 95% of homes in Proctor
  • Smaller than 88% of homes in Peabody 01960
  • Has a smaller lot than 82% of homes in Proctor
  • Older than 83% of homes in Proctor

What homes are worth in Peabody 01960

Each bar is how many homes fall in that price range. The marker is this home.

This home
$346K$1.1M

This home is worth more than 36% 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.

Estimated value$622,447
CheaperTypical $666,960Pricier

Pricier than 36% of homes nearby

Price per ft²$569
CheaperTypical $401Pricier

Pricier than 95% of homes nearby

Living area1,094 ft²
SmallerTypical 1,695 ft²Bigger

Bigger than 12% of homes nearby

Lot size0.15 ac
SmallerTypical 0.23 acBigger

Bigger than 29% of homes nearby

Year built1949
OlderTypical 1960Newer

Newer than 28% of homes nearby

How 56 Summit St ranks against every home in each area.
MeasureThis homeProctorPeabody 01960Essex County
Estimated valuepricier than$622,44746% of homes36% of homes39% of homes
Price per ft²pricier than$56995% of homes95% of homes89% of homes
Living areabigger than1,094 ft²15% of homes12% of homes14% of homes
Lot sizebigger than0.15 ac18% of homes29% of homes26% of homes
Year builtnewer than194917% of homes28% of homes41% of homes

About 56 Summit St

How much is 56 Summit St, Peabody, MA worth?

The TopHap Estimate for 56 Summit St, Peabody, MA is $622,447 as of Oct 21, 2026. The likely range is $584,390 to $660,504. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 56 Summit St, Peabody, MA last sell?

56 Summit St, Peabody, MA last sold on May 31, 2013 for $275,000, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 56 Summit St, Peabody, MA?

56 Summit St, Peabody, MA has 2 bedrooms, 1 bathrooms, 1,094 square feet of living space and a 0.15-acre lot.

When was 56 Summit St, Peabody, MA built?

56 Summit St, Peabody, MA was built in 1949, making it 77 years old. It is a cape cod home. The building has 1 story.

What schools serve 56 Summit St, Peabody, MA?

56 Summit St, Peabody, MA is assigned to Center Elementary School (elementary), rated C-; J. Henry Higgins Middle School (middle), rated C-; 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 56 Summit St, Peabody, MA compare to other homes in Peabody 01960?

Among the 14,494 homes in Peabody 01960, it is worth more than 36% of them ($622,447 against a typical $666,960), its price per square foot is higher than 95% of them ($569 against a typical $401), it is bigger than 12% of them (1,094 ft² against a typical 1,695 ft²), its lot is bigger than 29% of them (0.15 ac against a typical 0.23 ac) and it is newer than 28% of them (1949 against a typical 1960). Measured against all of Essex County, it is worth more than 39% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 56 Summit St, Peabody, MA?

The 2026 property tax bill for 56 Summit St, Peabody, MA was $4,785. The county assessed it at $505,300.

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