NE Provenance

1 Drake WayUnit 13

Peabody, MA 01960

residentialCondominium
Owner
Man...
Owner Type
Individual
Assessed
$485,000
Built
2006
Sq Ft
1,540
Lot
—
Bed/Bath
—
Type
Condominium
Elevated Risks19Fire GradeBFloodAE

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1 Drake Way Unit 13, Peabody, MA 01960— Property Report

Home& Property Details

1 Drake Way Unit 13 is a Townhouse condominium built in 2006 located in Peabody, Essex County, MA. The home has 1,540 square feet of living area.

Flood Zone & Natural Hazard Assessment

1 Drake Way Unit 13 is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The FEMA National Risk Index composite rating for this area is Relatively Moderate. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 1 Drake Way Unit 13 at Grade B (Strong fire protection access). The nearest fire station, PEABODY FIRE DEPARTMENT, is 0.3 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

The current municipal assessment is $485,000. The property last sold on August 29, 2025 for $542,250. The deed history includes 3 recorded conveyances.

Environmental & Land Use

1 Drake Way Unit 13 is classified as a waterfront property. Dam exposure is rated Low.

PeabodyNeighborhood & Community

1 Drake Way Unit 13 is located in Peabody, Essex County, MA. The property is zoned R4 (Multi Family Residence). The median home value in this census tract is $422,400. Median household income is $51,680. The owner-occupancy rate in the surrounding area is 45%. The property is served by the Peabody school district.

Full Property Intelligence Report

The complete NE Provenance report for 1 Drake Way Unit 13, Peabody, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.