1 Drake Way 3, Peabody — property record card
Residential Condominium built in 2006 in Peabody, assessed at $8,624,200 for fiscal year 2026; last sold for $542,250 on August 29, 2025.
Parcel
| Location | 1 Drake Way 3, Peabody MA 01960 |
|---|---|
| Map and parcel ID | 074-900-916 074-902 |
| Use | Residential Condominium |
| Zoning | R4 |
| County | Essex |
Valuation — fiscal year 2026
| Building | $8,624,200 |
|---|---|
| Land | $0 |
| Total assessed | $8,624,200 |
Building
| Year built | 2006 |
|---|---|
| Style | TOWNHOUSE END |
| Living area | 1,620 ft² |
| Rooms | 5 |
| Stories | 2 3/4 |
Last recorded sale
| Price | $542,250 |
|---|---|
| Date | August 29, 2025 |
| Deed | Registry of Deeds book 42919, page 447 |
17 assessor accounts on this parcel
| Address | Account | Use | Assessed | Last sale |
|---|---|---|---|---|
| 1 Drake Way 1 | 074-900 | Residential Condominium | $508,700 | $525,000 |
| 1 Drake Way 2 | 074-901 | Residential Condominium | $508,700 | $531,000 |
| 1 Drake Way 3 | 074-902 | Residential Condominium | $511,200 | $248,000 |
| 1 Drake Way 4 | 074-903 | Residential Condominium | $485,000 | $369,900 |
| 1 Drake Way 5 | 074-904 | Residential Condominium | $510,400 | $362,000 |
| 1 Drake Way 6 | 074-905 | Residential Condominium | $510,400 | $275,000 |
| 1 Drake Way 7 | 074-906 | Residential Condominium | $510,400 | $344,000 |
| 1 Drake Way 8 | 074-907 | Residential Condominium | $510,400 | $318,000 |
| 1 Drake Way 9 | 074-908 | Residential Condominium | $510,400 | $321,000 |
| 1 Drake Way 10 | 074-909 | Residential Condominium | $510,400 | $250,000 |
| 1 Drake Way 11 | 074-910 | Residential Condominium | $510,400 | $445,000 |
| 1 Drake Way 12 | 074-911 | Residential Condominium | $510,400 | $250,000 |
| 1 Drake Way 13 | 074-912 | Residential Condominium | $485,000 | $542,250 |
| 1 Drake Way 14 | 074-913 | Residential Condominium | $510,400 | $260,000 |
| 1 Drake Way 15 | 074-914 | Residential Condominium | $510,400 | $312,000 |
| 1 Drake Way 16 | 074-915 | Residential Condominium | $510,400 | $555,000 |
| 1 Drake Way 17 | 074-916 | Residential Condominium | $511,200 | $276,000 |
What MassDEP has recorded
No tier-classified 21E site and no Activity and Use Limitation is mapped on this parcel.
Within about 500 m (a third of a mile): 1 active tier-classified 21E site and 3 sites with an Activity and Use Limitation. All MassDEP sites in Peabody.
What this means
- Assessed 693% above the median residential condominium in Peabody ($1,088,000, 124 parcels).
- The last sale price is 94% below the current assessment. Massachusetts assessments aim at full market value as of January 1 of the year before the fiscal year.

The report for 1 Drake Way 3
This page shows the assessor record and the MassDEP sites on the parcel. The report adds what lies around it: FEMA flood zone, wetlands, Zone II and other water supply protection areas, priority habitat, sewer or septic service, protected open space, and every 21E site within half a mile.
$19card · PDF within 24 h · you pay after receiving itSee the sample (PDF)