Nick Cuevas
Compass
(781) 776-5198
71 Total Sales
3 in Downtown Beverly
$750K - $1.2M Price Range
16 Pond St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $796,000 - $883,106
4
Beds
2
Baths
2,304
Sq Ft
$362/Sq Ft
Est. Value
About This Home
As of April 2023VERY high rents, PERFECT location and GREAT floor plans. Monthly rents: $5038 with potential to increase! (ALL SEPARATE SYSTEMS) Perfectly located 2 family in downtown Beverly, just steps to Cabot St. shops, cafes, the beach and train. Well laid-out, flexible floorplans; each unit can be configured as 2 private bedrooms, or 3 bedrooms with walk-through bedroom. Featuring large eat- in kitchens, nice light throughout, hardwood floors and VERY strong rents at $2519/unit! Both apartments offer private laundry, off-street parking & storage in the basement. Perfect to hold, condo- convert (buyer to do due diligence), or live in one unit and let the other pay over half your mortgage. Units are both occupied, so no private showings until open house:
Last Agent to Sell the Property
Coldwell Banker Realty - Manchester Listed on: 03/27/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,370
Year Built
- Built in 1850
Lot Details
- 3,640 Sq Ft Lot
Interior Spaces
- 2,304 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Off-Street Parking
Listing and Financial Details
- Total Actual Rent $5,038
- Assessor Parcel Number M:0011 B:0284 L:,4182172
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $6,000
- Net Operating Income $54,456
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
Mar 27, 2023
Closed on
Apr 21, 2023
Sold by
Bought by
Seller's Agent
Jeremy McElwain
Coldwell Banker Realty - Manchester
Buyer's Agent
Jaclyn Kryzak
Labrava Realty, LLC
List Price
$650,000
Sold Price
$705,000
Premium/Discount to List
$55,000
8.46%
Views
132
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
$130,027
Avg. Annual Appreciation
5.28%
Original Mortgage
$500,000
Outstanding Balance
$444,273
Interest Rate
6.35%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$390,754
Purchase Details
Closed on
Jun 11, 2018
Sold by
Bought by
Purchase Details
Closed on
May 21, 2018
Sold by
Bought by
Purchase Details
Closed on
Jun 18, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Beverly, MA
-
Nick Cuevas
-
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
-
Ana Picanco Linnehan
Ana Picanco Linnehan
eXp Realty LLC - Corporate Office
(351) 215-0595
21 Total Sales
1 in Downtown Beverly
$245,000 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 |
|---|---|---|---|
| $705,000 | None Available | ||
| -- | -- | ||
| -- | -- | ||
| $250,000 | -- |
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 | $500,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $45,000 |
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 |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $705,000 | +8.5% | $306 / Sq Ft |
| 04/04/2023 04/04/23 | Pending | -- | -- | -- |
| 03/27/2023 03/27/23 | For Sale | $650,000 | -- | $282 / 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 | $7,433 | $676,300 | $354,400 | $321,900 |
| 2024 | $6,874 | $612,100 | $290,200 | $321,900 |
| 2023 | $6,370 | $565,700 | $260,800 | $304,900 |
| 2022 | $6,214 | $510,600 | $205,700 | $304,900 |
| 2021 | $6,002 | $472,600 | $196,500 | $276,100 |
| 2020 | $5,863 | $457,000 | $185,500 | $271,500 |
| 2019 | $5,249 | $409,600 | $165,300 | $244,300 |
| 2018 | $5,081 | $373,600 | $160,200 | $213,400 |
| 2017 | $4,828 | $338,100 | $118,300 | $219,800 |
| 2016 | $4,480 | $311,300 | $118,300 | $193,000 |
| 2015 | $4,560 | $323,200 | $118,300 | $204,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy McElwain
Seller's Agent in 2023
Jeremy McElwain
Coldwell Banker Realty - Manchester
(617) 413-6519
3 in this area
52 Total Sales
-
Jaclyn Kryzak
Buyer's Agent in 2023
Jaclyn Kryzak
Labrava Realty, LLC
(617) 775-4341
1 in this area
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73091600
APN: BEVE M:0011 B:0092 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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