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Single Family ResidenceResidential
$670,466$435 / 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 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $610,000 on Feb 21, 2024

40 RUSSELL ST

PEABODY, MA 01960
3
Beds
1.5
Baths
1,540 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.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$670K
$576K low$765K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$610,000 · Feb 21, 2024
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$90,966
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$72,773
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.87%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$579,500
BERKSHIRE BANK · P · recorded Feb 21, 2024

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,578 (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.$602,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$302,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$299,600
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$635,265

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.17 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.1 percent flood zone

Scores 0–100; higher = greater projected risk.

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.Colonial
CountyESSEX
Lot (acres)The size of the land the home sits on, from county records.0.34
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

Transaction History(4)

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.

E
John E. Burke Elementary SchoolB
Elementary · Grades KG–5 · 1.0 mi
H
Peabody Veterans Memorial High SchoolD+
High · Grades 9–12 · 1.8 mi
M
J. Henry Higgins Middle SchoolC-
Middle · Grades 6–8 · 3.9 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%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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 Russell 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.

  • Worth less than 74% of homes in West Peabody
  • Costs more per square foot than 72% of homes in West Peabody
  • Smaller than 77% of homes in West Peabody
  • Has a smaller lot than 73% of homes in West Peabody

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
$364K$1.1M

This home is worth more than 49% 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$670,466
CheaperTypical $675,151Pricier

Pricier than 49% of homes nearby

Price per ft²$435
CheaperTypical $406Pricier

Pricier than 65% of homes nearby

Living area1,540 ft²
SmallerTypical 1,696 ft²Bigger

Bigger than 40% of homes nearby

Lot size0.34 ac
SmallerTypical 0.23 acBigger

Bigger than 69% of homes nearby

Year built1963
OlderTypical 1960Newer

Newer than 62% of homes nearby

How 40 Russell St ranks against every home in each area.
MeasureThis homeWest PeabodyPeabody 01960Essex County
Estimated valuepricier than$670,46626% of homes49% of homes46% of homes
Price per ft²pricier than$43572% of homes65% of homes60% of homes
Living areabigger than1,540 ft²23% of homes40% of homes36% of homes
Lot sizebigger than0.34 ac27% of homes69% of homes60% of homes
Year builtnewer than196362% of homes62% of homes57% of homes

About 40 Russell St

How much is 40 Russell St, Peabody, MA worth?

The TopHap Estimate for 40 Russell St, Peabody, MA is $670,466 as of Jul 14, 2026. The likely range is $575,510 to $765,422. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

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

40 Russell St, Peabody, MA last sold on Feb 21, 2024 for $610,000, according to the county's recorded deed.

How big is 40 Russell St, Peabody, MA?

40 Russell St, Peabody, MA has 3 bedrooms, 1.5 bathrooms, 1,540 square feet of living space and a 0.34-acre lot.

When was 40 Russell St, Peabody, MA built?

40 Russell St, Peabody, MA was built in 1963, making it 63 years old. It is a colonial home. The building has 2 stories.

What schools serve 40 Russell St, Peabody, MA?

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

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

Among the 14,494 homes in Peabody 01960, it is worth more than 49% of them ($670,466 against a typical $675,151), its price per square foot is higher than 65% of them ($435 against a typical $406), it is bigger than 40% of them (1,540 ft² against a typical 1,696 ft²), its lot is bigger than 69% of them (0.34 ac against a typical 0.23 ac) and it is newer than 62% of them (1963 against a typical 1960). Measured against all of Essex County, it is worth more than 46% 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 40 Russell St, Peabody, MA?

The 2025 property tax bill for 40 Russell St, Peabody, MA was $5,578. The county assessed it at $602,400.

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