$574,397 EMV

4 Beds   2.5 Baths   1,600 Sq. Ft.
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Jefferson Rd
Peabody, MA 01960


This is located at Jefferson Rd, Peabody, MA 01960. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 4 Beds, 2.5 Baths , 1,600 sqft of living space.
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Status: Inactive
Listing ID: 59812336
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Learn about Jefferson Rd in Peabody, MA

This property is available as a preforeclosure at Jefferson Rd. It has 4 bedrooms, 2.5 bathrooms, and 1,600 square feet of living space. Based on our analysis of the current market conditions in Peabody for Jefferson Rd and comparable listings, the estimated market value is $574,397. If purchased for rental purposes, the monthly rental rate could range between $1,830 and $2,470. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Jefferson Rd are updated daily along with others in Peabody, Massachusetts.

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Property Information

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Living Area Size: 1,600
  • Year Built: 1952
  • Day(s) On Site: 91
  • Plaintiff: CITIMORTGAGE
  • Defendant Name: GEORGE M DRILLIS
  • Case Number: 23SM002056
  • Recording Date: 05-17-2023
  • Deed Category: NOD

Public Records

  • Bedrooms: 4
  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • Rooms: 6
  • No. of Stories: 2
  • Air Conditioning: YES
  • Exterior Wall Type: WOOD SIDING/SHINGLE
  • Heating Type: FORCED AIR
  • Land Area Sqft: 6,534
  • Year Built: 1952
  • APN: PEAB-000064-000000-000196
  • Property Type: Single Family Residence
  • Township: PEABODY
  • Living Sqft: 1,600
  • Garage: YES
  • Style: CAPE COD


The property located at Jefferson Rd in Peabody, MA is listed as a Preforeclosure

The process of preforelcosure with properties like Jefferson Rd in Peabody, Massachusetts begin when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Loan Information

  • 1st Mortgage Date: 04-18-2006
  • 1st Mortgage Amount: $79,900

Legal Information

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County Information

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Rental Value

The estimated rental value for Jefferson Rd located in Peabody, MA is $2,150/month. Comparable homes around Jefferson Rd that are rentals have monthly ranges starting as low as $1,830 per month and as high as $2,470 per month. An owner looking to use this property as an investment could bring a return in the area of $1,830 - $2,470 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
05/25/23   Preforeclosure
05/16/23   Preforeclosure Citimortgage Inc
05/15/23   Preforeclosure

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Jefferson Rd
Peabody, MA 01960

4 Beds   2.5 Baths   1,600 sq. ft.

$574,397 EMV

Status: Inactive Listing ID: 59812336

Property Information

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Public Records

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Property Description

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