NOT LISTED FOR SALE

Estimated Value: $1,763,000 - $3,028,000

4 Beds
4 Baths
3,736 Sq Ft
$648/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $1,875,000 $502 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $15,865/month

About This Home

As of August 2017

Rarely offered Beverly Cove Direct Beachfront property with 180' of frontage on Rice's Beach. Rebuilt in 1999 from the foundation up, this contemporary 4 bedroom, 2 full and 2 half bath home was constructed with Southwest views exposure and entertaining in mind. The residence has an open floor plan with a balcony along the main level that overlooks a tranquil, secluded yard space with mature landscaping, lush lawn gardens, and a sandy beach. The stone patio right at the waters edge allows a spectacular vantage point to enjoy beach life. Two stone staircases allows easy beach access at both ends of the property. There is a concrete ramp for your Kayaks, and dinghy; the mooring to anchor your boat in front of your home completes the offering. This is a must see.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 21, 2017
Sold by
Genevieve Rt and Argeros
Bought by
Bayview T T and Bayview Landman
Seller's Agent
Victor Paulino
Engel & Volkers By the Sea
Buyer's Agent
Margaret McNamara
J. Barrett & Company
List Price
$1,999,000
Sold Price
$1,875,000
Premium/Discount to List
-$124,000
-6.2%
Current Estimated Value
$2,422,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,748
Avg. Annual Appreciation
4.00%
Original Mortgage
$875,000
Outstanding Balance
$728,115
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,813,436

Purchase Details

Closed on
Apr 2, 2004
Sold by
Argeros Tr Michael A and Argeros Arthur M
Bought by
Hayes Tr James P

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
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
Bayview T T $1,875,000 --
Hayes Tr James P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayview T T $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $1,875,000 -6.2% $502 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $1,999,000 -- $535 / Sq Ft

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 $28,411 $2,585,200 $1,863,100 $722,100
2024 $27,339 $2,434,500 $1,712,400 $722,100
2023 $22,771 $2,022,300 $1,300,200 $722,100
2022 $24,611 $2,022,300 $1,300,200 $722,100
2021 $24,077 $1,895,800 $1,238,800 $657,000
2020 $23,560 $1,836,300 $1,179,300 $657,000
2019 $22,878 $1,731,900 $1,100,000 $631,900
Source: Public Records

Agents Affiliated with this Home

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