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Single Family ResidenceResidential
$565,104$512 / 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 93How 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 $91,500 on Jul 25, 2007

7 SUMMIT TER

PEABODY, MA 01960
4
Beds
1
Baths
1,104 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.
0.23 ac
Lot SizeThe size of the land the home sits on, from county records.
1950
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

$565K
$526K low$604K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$91,500 · Jul 25, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,433 (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.$468,100 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$264,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$204,000
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$433,800
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$582,556

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
Lot (acres)The size of the land the home sits on, from county records.0.23
HeatingThe type of heating system in the home.Hot Water
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(2)

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 · 0.3 mi
M
J. Henry Higgins Middle SchoolC-
Middle · Grades 6–8 · 0.6 mi
H
Peabody Veterans Memorial High SchoolD
High · Grades 9–12 · 1.6 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

7 Summit Ter 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.

  • Worth less than 78% of homes in Peabody 01960
  • Costs more per square foot than 89% of homes in Proctor
  • Smaller than 87% of homes in Peabody 01960
  • Older than 75% 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 22% 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$565,104
CheaperTypical $666,960Pricier

Pricier than 22% of homes nearby

Price per ft²$512
CheaperTypical $401Pricier

Pricier than 88% of homes nearby

Living area1,104 ft²
SmallerTypical 1,695 ft²Bigger

Bigger than 13% of homes nearby

Lot size0.23 ac
SmallerTypical 0.23 acBigger

Bigger than 52% of homes nearby

Year built1950
OlderTypical 1960Newer

Newer than 32% of homes nearby

How 7 Summit Ter ranks against every home in each area.
MeasureThis homeProctorPeabody 01960Essex County
Estimated valuepricier than$565,10431% of homes22% of homes28% of homes
Price per ft²pricier than$51289% of homes88% of homes81% of homes
Living areabigger than1,104 ft²16% of homes13% of homes14% of homes
Lot sizebigger than0.23 ac54% of homes52% of homes43% of homes
Year builtnewer than195025% of homes32% of homes43% of homes

About 7 Summit Ter

How much is 7 Summit Ter, Peabody, MA worth?

The TopHap Estimate for 7 Summit Ter, Peabody, MA is $565,104 as of Oct 21, 2026. The likely range is $526,040 to $604,168. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7 Summit Ter, Peabody, MA last sell?

7 Summit Ter, Peabody, MA last sold on Jul 25, 2007 for $91,500, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 7 Summit Ter, Peabody, MA?

7 Summit Ter, Peabody, MA has 4 bedrooms, 1 bathrooms, 1,104 square feet of living space and a 0.23-acre lot.

When was 7 Summit Ter, Peabody, MA built?

7 Summit Ter, Peabody, MA was built in 1950, making it 76 years old. It is a cape cod home. The building has 1 story.

What schools serve 7 Summit Ter, Peabody, MA?

7 Summit Ter, 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 7 Summit Ter, Peabody, MA compare to other homes in Peabody 01960?

Among the 14,494 homes in Peabody 01960, it is worth more than 22% of them ($565,104 against a typical $666,960), its price per square foot is higher than 88% of them ($512 against a typical $401), it is bigger than 13% of them (1,104 ft² against a typical 1,695 ft²), its lot is bigger than 52% of them (0.23 ac against a typical 0.23 ac) and it is newer than 32% of them (1950 against a typical 1960). Measured against all of Essex County, it is worth more than 28% 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 7 Summit Ter, Peabody, MA?

The 2026 property tax bill for 7 Summit Ter, Peabody, MA was $4,433. The county assessed it at $468,100.

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