NOT LISTED FOR SALE

Estimated Value: $660,000 - $838,000

3 Beds
3 Baths
1,831 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $570,000 $311 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,393/month

218 Days on Market

Highlights

  • City View
  • Level Lot
  • 3-minute walk to Paul Revere Park

About This Home

As of February 2023

Whether Investing or owner occupied, this property has a lot to offer. Located in CB district and with its location to Broadway and all that variety of businesses and establishments, there is also Public transportation, schools, private and public, easy access to major driving routes for commuting or if you simply just want to get out and about, all make this property have endless opportunities. All units are separately metered with Gas and Electric.Previouse tenants were long term tenants.Unit one has newer carpets. Make this building yours !

Last Agent to Sell the Property

Marianne Simeone

Coldwell Banker Realty - Beverly Listed on: 05/12/2022

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Nick Daher

Broad Sound Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,433

Year Built

  • Built in 1920

Lot Details

  • 1,590 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,831 Sq Ft Home
  • City Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Utilities

  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,325
  • Assessor Parcel Number M:15 B:259 L:16,1372234

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $15,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,433

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections Varies per Unit
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Sump Pump, Unfinished
  • Living Area: 1831
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 354.45
  • PRICE PER Sq Ft: 311.31
  • MAIN SO: AN3502

Exterior Features

  • Foundation Details: Concrete Perimeter, Stone
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, Varies per Unit
  • Electric: 200+ Amp Service
  • Water Source: Public
  • HEAT UNITS: 3
  • COOLING ZONES: 0

Lot Info

  • Parcel Number: M:15 B:259 L:16,1372234
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1590
  • Lot Size Units: Acres
  • PAGE: 207
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5433
  • Tax Book Number: 20967

Multi Family

  • Gross Income: 15900
  • Net Operating Income: 15900
  • Number Of Units Total: 3
  • Total Actual Rent: 1325
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
Burns James H and Burns Cynthia L
Bought by
Bocin Llc
Current Estimated Value
$721,467

Purchase Details

Closed on
Oct 31, 1996
Sold by
Spinelli Rt
Bought by
Burns James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bocin Llc -- --
Bocin Llc -- --
Bocin Llc -- --
Burns James H $80,000 --
Burns James H $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramjattan Penelope S $130,000
Open Ramjatten Penelope S $513,000
Closed Ramjatten Penelope S $513,000
Previous Owner Burns James H $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2023 02/08/23 Sold $570,000 -12.2% $311 / Sq Ft
12/17/2022 12/17/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $649,000 0.0% $354 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $649,000 -- $354 / 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 $5,537 $610,500 $179,000 $431,500
2024 $5,316 $583,500 $169,000 $414,500
2023 $5,490 $577,300 $141,200 $436,100
2022 $5,433 $522,400 $134,200 $388,200
2021 $5,311 $480,200 $124,300 $355,900
2020 $5,252 $466,400 $124,300 $342,100
2019 $4,775 $394,300 $113,400 $280,900
2018 $4,668 $360,200 $102,400 $257,800
2017 $4,716 $337,100 $89,500 $247,600
2016 $3,693 $255,600 $81,500 $174,100
2015 $3,783 $255,600 $81,500 $174,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72980906

MLS Property Information Network (MLS PIN)

APN: REVE-000015-000259-000016