Seller's Agent in 2023
John Farrell
Coldwell Banker Realty - Beverly
(978) 578-5203
4 in this area
130 Total Sales
16 Home St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $944,773 - $967,000
7
Beds
3
Baths
2,922
Sq Ft
$327/Sq Ft
Est. Value
Highlights
- Marina
- Community Stables
- Property is near public transit
- Golf Course Community
- Medical Services
- 3-minute walk to Sam Carratu Park
About This Home
As of August 2023Ideally located between Cabot and Rantoul Streets. This three unit home is a perfect owner occupied or investor property in the vibrant downtown neighborhood of Beverly. Well maintained with updates. Nice, sunny, single floor spacious units with their own laundry and off-street parking. Each unit a little different with full height ceilings on the 3rd floor. Shared outdoor space. The driveway has just been replaced. Moments to the commuter rail, shopping, dining, theater, parks, beaches and much more. Rents are currently below market and two are occupied.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,138
Year Built
- Built in 1880
Lot Details
- 3,050 Sq Ft Lot
- Near Conservation Area
- Level Lot
- Irregular Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,922 Sq Ft Home
- Insulated Windows
- Storm Doors
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Schools
- North Beverly Elementary School
- Beverly Middle School
- Beverly High School
Utilities
- No Cooling
- 3 Heating Zones
- Heating Available
- 200+ Amp Service
Listing and Financial Details
- Total Actual Rent $4,200
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water)
- Assessor Parcel Number M:0011 B:0181 L:,4182068
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Community Stables
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $264
- Operating Expense $6,344
- Net Operating Income $26,056
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2016
Sold by
Masotta Richard and Masotta Natalie M
Bought by
Home Associates Llc
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Home Associates Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paddol Danielle | $657,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2023 08/24/23 | Sold | $876,000 | +16.8% | $300 / Sq Ft |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- |
| 05/29/2023 05/29/23 | For Sale | $750,000 | -- | $257 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,603 | $782,800 | $353,300 | $429,500 |
| 2024 | $7,448 | $663,200 | $289,200 | $374,000 |
| 2023 | $7,138 | $633,900 | $259,900 | $374,000 |
| 2022 | $6,936 | $569,900 | $205,000 | $364,900 |
| 2021 | $7,122 | $560,800 | $195,900 | $364,900 |
| 2020 | $6,725 | $524,200 | $184,900 | $339,300 |
| 2019 | $6,548 | $495,700 | $164,700 | $331,000 |
| 2018 | $5,679 | $417,600 | $134,200 | $283,400 |
| 2017 | $4,914 | $344,100 | $99,100 | $245,000 |
| 2016 | $4,636 | $322,200 | $99,100 | $223,100 |
Source: Public Records
Agents Affiliated with this Home
-
John Farrell
-
Cindy Farrell
C
Seller Co-Listing Agent in 2023
Cindy Farrell
Coldwell Banker Realty - Beverly
(978) 468-4180
3 in this area
68 Total Sales
-
Kathleen Fortunato
K
Buyer's Agent in 2023
Kathleen Fortunato
Fortunato Agency
(978) 578-6170
2 in this area
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73116898
APN: BEVE M:0005 B:0054 L:
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