NOT LISTED FOR SALE

Estimated Value: $746,000 - $796,294

4 Beds
2 Baths
2,200 Sq Ft
$355/Sq Ft Est. Value

Last Sold March 22, 2016

Last sale price $355,000 $161 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,662/month

5 Days on Market

About This Home

As of March 2016

Well maintained 2 Family located in the heart of downtown Beverly. Unit 1 features 2 bedrooms, updated kitchen with granite counters, stainless appliances, and hardwood floors. Unit 2 has a flexible floorplan with 2 bedrooms, updated full bathroom and an additional 2 rooms on the 3rd floor. Currently tenant occupied, TAW leases, separate utilities, off street parking and shared backyard. Washer and Dryer hookups with machines for each unit located in common basement along with extra storage. New heating systems, partial roof replacement, trex decking, renovated 1st floor kitchen and 2nd floor bathroom all within the past 7 years during sellers ownership. NO SHOWINGS UNTIL FIRST OPEN HOUSE ON SUNDAY 01/17/16 from 12:30pm-2:00pm.

Last Agent to Sell the Property

Amy Wallick

Lamacchia Realty, Inc. Listed on: 01/14/2016

Lamacchia Realty, Inc.

Last Buyer's Agent

Donna Gay

Right Way Realty LLC

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Full, Interior Access, Unfinished Basement
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Fieldstone, Irregular
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 2

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0011 B:0325 L:
  • Zoning: RHD

Multi Family

  • Appliances Common: Washer, Dryer
  • Foundation: 20x30
  • Heat Units: 2
  • Common Room: Laundry
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 2650

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2016
Closed on
Mar 22, 2016
Sold by
Hanley Geoffrey R and Hanley Kathleen C
Bought by
Brigham Michael and Valsdottir Snaedis
Seller's Agent
Amy Wallick
Lamacchia Realty, Inc.
Buyer's Agent
Donna Gay
Right Way Realty LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
$782,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,074
Avg. Annual Appreciation
8.23%
Original Mortgage
$337,250
Outstanding Balance
$264,902
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$517,172

Purchase Details

Closed on
Jun 15, 2000
Sold by
Harrison Martha R
Bought by
Cool Susan L

Purchase Details

Closed on
Apr 28, 1997
Sold by
Est Eramo Emilia and Eramo Rosa
Bought by
Harrison Martha R
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
Brigham Michael $355,000 --
Cool Susan L $215,500 --
Harrison Martha R $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brigham Michael $337,250
Previous Owner Harrison Martha R $17,750
Previous Owner Harrison Martha R $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2016 03/22/16 Sold $355,000 +1.5% $161 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $349,900 -- $159 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,104 $646,400 $352,400 $294,000
2024 $6,541 $582,500 $288,500 $294,000
2023 $6,067 $538,800 $259,300 $279,500
2022 $5,890 $484,000 $204,500 $279,500
2021 $5,719 $450,300 $195,400 $254,900
2020 $5,191 $434,400 $183,500 $250,900
2019 $4,860 $367,900 $140,200 $227,700
2018 $4,289 $315,400 $114,200 $201,200
2017 $3,890 $272,400 $84,400 $188,000
2016 $3,600 $250,200 $84,400 $165,800
2015 $3,530 $250,200 $84,400 $165,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71949280

MLS Property Information Network (MLS PIN)

APN: BEVE M:0011 B:0325 L:

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