NOT LISTED FOR SALE

12 Summit Ave Unit 7 Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $383,000 - $424,000

2 Beds
2 Baths
877 Sq Ft
$461/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $275,000 $314 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,431/month

27 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Laundry Facilities

About This Home

As of November 2020

Come visit this 2 bedroom , 1 1/2 bath condominium located just a short distance to town, train, and local beaches. This two level town home sits high above enjoying ocean breezes and setting suns. The open floor plan is the perfect place to entertain family and friends. On site laundry and deeded parking make this unit one to take a look at.

Last Agent to Sell the Property

George Fallon

Tache Real Estate, Inc. Listed on: 09/23/2020

Last Buyer's Agent

Munson Realty Group

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Schools

  • Beverly High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Holding Tank

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 4-139-7

Community Details

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Townhouse
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 319.16
  • Comp Based On: Net Sale Price
  • Year Built: 1985
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 7
  • Unit Level: 1
  • Unit Placement: Street, Middle
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1985

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub & Shower
  • No Rooms: 4
  • Dining Room: On Level: First Floor, Flooring - Wood
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Laundry: On Level: Basement
  • Laundry Features: In Building
  • Living Room: On Level: First Floor, Flooring - Wood, Balcony / Deck
  • Basement: Y
  • No Living Levels: 2
  • Main Lo: C86500
  • Main So: C95098
  • Estimated Sq Ft: 877.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Insulation Feature: Unknown
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking Feature: Off-Street, Assigned
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers
  • Sewage District: Essex
  • Cooling: Central Air, Unit Control
  • Cooling Zones: 2
  • Heating: Central Heat, Forced Air, Electric
  • Heat Zones: 2
  • Hot Water: Tank
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Public School, T-Station, University
  • HOA Fees: 450.00
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Snow Removal, Refuse Removal, Reserve Funds
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Professional - Off Site

Association/Amenities

  • Condominium Name: Summit Avenue Condominiums

Lot Info

  • Assessments: 230700.00
  • Page: 151
  • Parcel Number: 4-139-7
  • Zoning: RMD

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Storm Doors

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2959.88
  • Assessor Parcel Number: 4180187
  • Tax Year: 2020

Multi Family

  • No Units: 23

MLS Schools

  • Grade School: Ayers Ryal Side
  • High School: Beverly High
  • Middle School: Beverly Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 23, 2020
Sold by
Leonardo Alyssa
Bought by
Ngugi-Nduta Peter and Newman Gail
Seller's Agent
George Fallon
Tache Real Estate, Inc.
Buyer's Agent
Munson Realty Group
Keller Williams Realty Evolution
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Current Estimated Value
$404,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,494
Avg. Annual Appreciation
7.96%
Original Mortgage
$220,000
Outstanding Balance
$195,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$208,725

Purchase Details

Closed on
Sep 15, 2014
Sold by
Stark Jason P
Bought by
Leonardo Alyssa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2011
Sold by
Pinciaro Traci A
Bought by
Stark Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Ngugi-Nduta Peter $275,000 None Available
Leonardo Alyssa $175,000 --
Stark Jason P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngugi-Nduta Peter $220,000
Previous Owner Leonardo Alyssa $166,250
Previous Owner Stark Jason P $135,000
Previous Owner Stark Jason P $136,000
Previous Owner Stark Jason P $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $275,000 -1.8% $314 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $279,900 +0.3% $319 / Sq Ft
09/23/2020 09/23/20 For Sale $279,000 -- $318 / 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 $3,637 $330,900 $0 $330,900
2024 $3,449 $307,100 $0 $307,100
2023 $3,260 $289,500 $0 $289,500
2022 $3,253 $267,300 $0 $267,300
2021 $3,123 $245,900 $0 $245,900
2020 $2,960 $230,700 $0 $230,700
2019 $2,801 $212,000 $0 $212,000
2018 $2,652 $195,000 $0 $195,000
2017 $2,599 $182,000 $0 $182,000
2016 $2,459 $170,900 $0 $170,900
2015 $2,411 $170,900 $0 $170,900
Source: Public Records

Agents Affiliated with this Home

  • George Fallon

    Seller's Agent in 2020

    George Fallon

    Tache Real Estate, Inc.

    (978) 375-6150

    5 Total Sales

    George Fallon
    Section Image
  • Munson Realty Group

    Buyer's Agent in 2020

    Munson Realty Group

    Keller Williams Realty Evolution

    (978) 712-0049

    7 in this area

    52 Total Sales

    Munson Realty Group
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72729968

MLS Property Information Network (MLS PIN)

APN: BEVE-000004-000139-000007

Massachusetts Essex County Beverly 01915 Downtown Beverly

12 Summit Ave Unit 7, Beverly, MA

Not Listed for Sale

Townhouses

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