Pete Castrichini
Barry Realty Group
(978) 416-5699
25 Total Sales
1 in Downtown Beverly
$840,000 Price
16 Home St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $886,000 - $1,049,000
7
Beds
3
Baths
2,922
Sq Ft
$338/Sq Ft
Est. Value
Highlights
- Marina
- Medical Services
- Wood Flooring
- Community Stables
- Property is near golf course, public transit, and schools
- 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,138
Year Built
- Built in 1880
Lot Details
- 3,050 Sq Ft Lot
- 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
Parking
- 5 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near golf course, public transit, and 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
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
Recreation
- Marina
- 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
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
May 29, 2023
Closed on
Aug 24, 2023
Sold by
Bought by
Seller's Agent
John Farrell
Coldwell Banker Realty - Beverly
Buyer's Agent
Kathleen Fortunato
Fortunato Agency
List Price
$750,000
Sold Price
$876,000
Premium/Discount to List
$126,000
16.8%
Views
144
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,186
Avg. Annual Appreciation
4.08%
Original Mortgage
$657,000
Outstanding Balance
$634,893
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$352,293
Purchase Details
Closed on
Jan 29, 2016
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Beverly, MA
-
Pete Castrichini
-
Nick Cuevas
Nick Cuevas
Compass
(781) 776-5198
71 Total Sales
3 in Downtown Beverly
$750K - $1.2M Price Range
-
Tyson Lynch
Tyson Lynch
Responds QuicklyThe Proper Nest Real Estate
(351) 666-4531
53 Total Sales
2 in Downtown Beverly
$560K - $790K Price Range
-
Wendy Willis
Wendy Willis
Keller Williams Realty Evolution
(978) 997-7748
112 Total Sales
2 in Downtown Beverly
$510K - $973K Price Range
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in Downtown Beverly
$1,300,000 Price
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
105 Total Sales
1 in Downtown Beverly
$630,000 Price
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 |
|---|---|---|---|
| $876,000 | None Available | ||
| -- | -- |
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 | $657,000 | ||
| Previous Owner | $78,750 |
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 |
|---|---|---|---|---|
| 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
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 | $8,603 | $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 | $7,050 | $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 |
| 2015 | $4,546 | $322,200 | $99,100 | $223,100 |
Source: Public Records
Agents Affiliated with this Home
-
John Farrell
Seller's Agent in 2023
John Farrell
Coldwell Banker Realty - Beverly
(978) 578-5203
4 in this area
112 Total Sales
-
Cindy Farrell
C
Seller Co-Listing Agent in 2023
Cindy Farrell
Coldwell Banker Realty - Beverly
(978) 468-4180
4 in this area
63 Total Sales
-
Kathleen Fortunato
K
Buyer's Agent in 2023
Kathleen Fortunato
Fortunato Agency
(978) 578-6170
2 in this area
3 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73116898
APN: BEVE M:0005 B:0054 L:
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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