NOT LISTED FOR SALE
10 Beds
4 Baths
6,028 Sq Ft
1961 Built

Sale Details

Date Sold: April 6, 2024

Last sale price $665,000 $110 Per Sq Ft

84 Days on Market

About This Home

As of April 2024

Estate sale - 6 unit apt building in Beverly - 4-2bedroom/2-1 bedroom units Low rents . New leases were signed . All units need updates throughout. Financial numbers are based on this year so far only . AS IS SALE!!

Last Agent to Sell the Property

Ursula Shine

Exit Strategy Realty / EMA Management License #471022302 Listed on: 11/27/2023

Last Buyer's Agent

Vince Barraco

Worth Clark Realty License #475200336

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,839

Year Built

  • Built in 1961

Parking

  • 6 to 12 Parking Spaces

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3-Story Property
  • Lot Dimensions are 149 x 44
  • Radiator
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $514
  • Fuel Expense $7,302
  • Insurance Expense $4,800
  • Maintenance Expense $6,689
  • Manager Expense $2,400
  • Other Expense $1,200
  • Trash Expense $1,115
  • Water Sewer Expense $4,890
  • Operating Expense $30,110
  • Gross Income $5,250
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,839

Year Built

Built in 1961

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 3
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,Court Approval Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: Unfinished
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 6-12 Spaces

Utilities

  • Heat/Ventilation: Radiators

Condo/Co-op/Association

  • Manager Expense: 2400

Fee Information

  • Trash Expense: 1115
  • Water Sewer Expenses: 4890
  • Operating Expense Includes: Fuel,Insurance,Snow Removal,Trash

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 149 X 44
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Hot Water
  • Board Number: 8
  • Tenancy Type: Leases

Multi Family

  • Net Operating Income: 30000
  • Fuel Expense: 7302
  • Insurance Expense: 4800
  • ElectricExpense: 514
  • GrossIncome: 5250
  • Maintenance Expense: 6689
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 30110
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 7839.29
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Apr 4, 2024
Sold by
Bought by
Seller's Agent
Ursula Shine
Exit Strategy Realty / EMA Management
Buyer's Agent
Vince Barraco
Worth Clark Realty
List Price
$600,000
Sold Price
$665,000
Premium/Discount to List
$65,000
10.83%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.0694%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 11, 2022
Sold by
Bought by

Purchase Details

Closed on
May 7, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
0.0775%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$665,000 None Listed On Document
-- Fidelity National Title
$226,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $360,000
Previous Owner $169,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2024 04/06/24 Sold $665,000 0.0% $110 / Sq Ft
01/17/2024 01/17/24 Off Market $665,000 -- --
11/28/2023 11/28/23 For Sale $600,000 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,037 $65,000 $8,250 $56,750
2024 $8,037 $65,000 $8,250 $56,750
2023 $7,839 $38,000 $6,600 $31,400
2022 $7,839 $38,000 $6,600 $31,400
2021 $7,663 $38,000 $6,600 $31,400
2020 $7,384 $33,065 $4,950 $28,115
2019 $7,401 $36,739 $4,950 $31,789
2018 $7,275 $36,739 $4,950 $31,789
2017 $10,029 $46,486 $4,290 $42,196
2016 $9,333 $46,486 $4,290 $42,196
2015 $8,011 $43,609 $4,290 $39,319
2014 $6,455 $34,703 $3,960 $30,743
2013 $6,326 $34,703 $3,960 $30,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11937342

Midwest Real Estate Data (MRED)

APN: 25182010140000

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