NOT LISTED FOR SALE

Estimated Value: $1,016,000 - $1,114,119

6 Beds
3 Baths
2,552 Sq Ft
$413/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $930,000 $364 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,489/month

5 Days on Market

Highlights

  • Scenic Views
  • Enclosed Patio or Porch
  • Heating Available
  • Waterfront
  • Cooling Available
  • 2-minute walk to Dane Street Beach Playground

About This Home

As of June 2022

Beverly Cove Multi-Family with Ocean Views! This stunning large two-family includes a 4 bed 2 bath “owners unit” and a 2 bed 1 bath main level unit. Both units feature recent updates throughout, an in-unit washer/dryer, off-street parking, separate utilities and open concept layouts with lots of natural light. New baths and kitchens which features stainless steel appliances and granite countertops. Brand new roof! Both tenants are tenant-at-will. Situated just a quarter mile from Dane Street Beach (approx. a five-minute walk)! Two blocks away from Lynch park and Rice Beach. Amazing location! Short distance to downtown Beverly restaurants and the commuter rail. Come take advantage of the great investment opportunity or owner-occupied while renting out the other unit. Improperly temporarily withdrawn, not back on market. Offers due Tuesday 5/17 at 2pm.

Last Agent to Sell the Property

Mark Pitzi

Coldwell Banker Realty - Beverly Listed on: 05/11/2022

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Sean Connolly

RE/MAX 360

RE/MAX 360

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,598

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 3,172 Sq Ft Lot
  • Waterfront

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2,552 Sq Ft Home
  • Property has 1 Level
  • Scenic Vista Views
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Bulkhead
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $55,740

Listing and Financial Details

  • Total Actual Rent $4,645
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 4182659

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,598

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1(Storage,Stone/Granite/Solid Counters,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Storage,Stone/Granite/Solid Counters,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Bulkhead, Concrete
  • Living Area: 2552
  • Stories Total: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 352.63
  • PRICE PER Sq Ft: 364.42
  • MAIN SO: AN4305

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed
  • Roof: Shingle, Rubber
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: 4182659
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3172
  • Lot Size Units: Acres
  • PAGE: 230

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7597.73
  • Tax Book Number: 36890

Multi Family

  • Gross Income: 55740
  • Net Operating Income: 55740
  • Number Of Units Total: 2
  • Total Actual Rent: 4645
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2020
Sold by
Crafts Steve and Crafts Steven
Bought by
S & M Realty Group Llc
Current Estimated Value
$1,053,030
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
S & M Realty Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillot Violaine E $697,500
Previous Owner Crafts Steve $426,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $930,000 +3.3% $364 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $899,900 +58.6% $353 / Sq Ft
07/25/2018 07/25/18 Sold $567,500 -1.2% $222 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/14/2018 05/14/18 For Sale $574,500 -- $225 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,545 $868,500 $417,600 $450,900
2024 $9,548 $850,200 $399,300 $450,900
2023 $7,773 $690,300 $384,700 $305,600
2022 $7,598 $624,300 $318,700 $305,600
2021 $7,391 $582,000 $304,100 $277,900
2020 $6,915 $539,000 $265,600 $273,400
2019 $6,826 $516,700 $269,300 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72980238

MLS Property Information Network (MLS PIN)

APN: BEVE M:0012 B:0215 L: