NOT LISTED FOR SALE

208 Rantoul St Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $1,307,225

8 Beds
5 Baths
7,120 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 01, 2016

Last sale price $700,000 $98 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,887/month

53 Days on Market

About This Home

As of February 2016

GREAT OPPORTUNITY FOR INVESTORS!!! MIXED USE BUILDING! Downtown Beverly is open for business and is offering TIF (Urban Center Tax Increment Financing) for Rantoul Street. This property is walking distance to the new MBTA Parking Garage. This mixed use 4 Unit property consists of an approximately 3,000 sqft restaurant and bar on the first floor with 3 residential apartments above. The first floor commercial space is under lease until March 2020 with present rent at $3,256 per month rising over over the lease to $3,500 per month. The three apartments will need renovation and consist of two - 2 bedroom units and one - 4 bedroom unit. The top floor is rented for $1,000 per month and is a TAW. The utilities are oil and gas with some utilities being shared between the owner and the tenant.

Last Agent to Sell the Property

Michael Cimmino

Lantern Residential Listed on: 10/22/2015

Last Buyer's Agent

Joseph Ventimiglia

Century 21 North East Homes

Property Details

Home Type

Multi-Family

Year Built

1870

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1870

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 4

Lot Info

  • Zoning: mixed

Multi Family

  • Total Bedrooms: 8
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
Qirjazi Grigor
Bought by
208 Rantoul St Beverly Ll
Current Estimated Value
$1,307,225

Purchase Details

Listed on
Oct 22, 2015
Closed on
Feb 2, 2016
Sold by
Rantoul Street Rt and Harwood
Bought by
Qirjazi Grigor
Seller's Agent
Michael Cimmino
Lantern Residential
Buyer's Agent
Joseph Ventimiglia
Century 21 North East Homes
List Price
$899,900
Sold Price
$700,000
Premium/Discount to List
-$199,900
-22.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
208 Rantoul St Beverly Ll -- None Available
Qirjazi Grigor $700,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2016 02/01/16 Sold $700,000 -22.2% $98 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $899,900 -- $126 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,102 $1,192,200 $389,100 $803,100
2024 -- $1,129,800 $356,600 $773,200
2022 $0 $1,084,500 $324,200 $760,300
2021 $0 $986,900 $324,200 $662,700
2020 $14,944 $803,900 $302,600 $501,300
2019 $14,610 $779,800 $291,800 $488,000
2018 $0 $746,400 $259,400 $487,000
2017 -- $692,500 $205,300 $487,200
2016 -- $692,500 $205,300 $487,200
2015 -- $692,500 $205,300 $487,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Cimmino

    Lantern Residential

  • J

    Buyer's Agent in 2016

    Joseph Ventimiglia

    Century 21 North East Homes

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71922724

MLS Property Information Network (MLS PIN)

APN: BEVE-000010-000233

Massachusetts Essex County Beverly 01915 Downtown Beverly

208 Rantoul St, Beverly, MA

Not Listed for Sale

MultiFamily

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