147 Summit St, #7, Peabody, MA 01960 Property Records

Essex County and Peabody City property record for 147 Summit St, #7, Peabody, MA 01960

Property Summary

Property Type	Industrial Condominium
Details	13,722 sqft · built 1980
Owner	2 Trust Names on File
Tax Bill	$25,084 (2026)
Deeds & Mortgages	Jun 2023 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`PEAB M:0092 B:0502`

Property Details

APN / Parcel Number

Primary APN	`PEAB M:0092 B:0502`
Alternative APN	`755`

Interior

Units	36 Units
Stories	1 Story
Building Area	13,722 sqft Gross Area

Exterior

Year Built	Built 1980
Effective Year Built	Effective 1980
Exterior Material	Other
Construction Type	Frame
Garage Type	Basement
Loading Dock	Loading Dock

Utilities, Heating & Cooling

Heating System	Forced Air with A/C
Water Source	Well

Location & Zoning

Account Number	755
Street Address	147 SUMMIT ST, 7
City	PEABODY
State	MA
Zip	01960-5173
Property Category	Industrial
Property Type	Industrial > Industrial Condominium
Local Zoning Code	IP
Legal Subdivision	SUMMIT CONDO
Legal Block	502
Jurisdiction	PEABODY MA
Township / Civil Division	PEABODY
Census Block Group	2
Census Block	2012
Census Tract	210402

Owner

147 Summit St, #7, an industrial property, is held in a trust.

Source: Essex County and Peabody City records, as of October 20, 2026

Owner of Record	2 Trust Names on File
Mailing Address	PO BOX 3234, PEABODY, MA 01961-3234
Owner Type	Company
Vesting	Trust

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Record Updated	Oct 29, 2026

June 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	PEABODY MA
Property Address	147 SUMMIT ST STE 7, 7, PEABODY, MA 01960-5173
Transaction Type	Mortgage
Record Updated	Jul 3, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	041614-421
Date	Jun 15, 2023
Book Page	41614/421
Instrument	20230615002400

Lender

Name	LOWELL FIVE CENTS SAVINGS BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2026 property tax bill for 147 Summit St, #7 was $25,084, up 21.8% from the year before.

Source: Essex County and Peabody City assessment roll, as of April 14, 2026

Property Jurisdictions

Type	Name
State	Massachusetts
County	Essex County
Municipality	Peabody City
Unified School District	Peabody School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026	$25,084.00 (+21.76%)	$1,330,700 (+22.85%) Building $1,330,700
2025	$20,602.00 (+3.36%)	$1,083,200 (+2.32%) Building $1,083,200
2024	$19,933.00 (+6.5%)	$1,058,600 (+11.26%) Building $1,058,600
2023	$18,716.00	$951,500 Building $951,500

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

FEMA maps place 147 Summit St, #7 in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective July 10, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 147 Summit St, #7 has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	PEABODY WATER DEPT. serves 54,481 people · EPA ID MA3229000
Water Source	Surface water
Last State Inspection	May 2026
Lead	4 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 305 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless	100 / 20