NOT LISTED FOR SALE

23 Cox Ct Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $897,000 - $1,074,721

5 Beds
4 Baths
3,250 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $790,000 $243 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,830/month

36 Days on Market

About This Home

As of December 2021

Great opportunity to own this renovated 2 Unit Home. Conveniently located near downtown Beverly, this spacious multi-family home includes 2-units, each featuring 2BR/2BA, living room, kitchen w/granite countertops, hardwood floors, and recessed lighting. The second floor has been completely renovated including a new bath and a new kitchen. Entertaining in the fenced-in backyard is easy with green space and a redone patio! For those needing flex space, the partially finished basement may be used as a gym or an office area. Features: 2-car garage, 12-car parking, new gas furnaces, installed in 2021, new hot water tanks installed 2020, asphalt shingle roof installed (2014), spray foam insulation in the attic, separate utilities, walking distance to Beverly Train Station, Pleasant View Beach, and Gillis Park, and more! Whether a savvy homebuyer or an investor, this home has an ideal location & great income potential.

Last Agent to Sell the Property

Arian Simaku

Simaku Realty, LLC Listed on: 09/29/2021

Last Buyer's Agent

Albert Lane

Coldwell Banker Realty - Marblehead

Coldwell Banker Realty - Marblehead

Property Details

Home Type

  • Multi-Family

Year Built

  • 1928

Lot Details

  • 5,227

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Summit Ave to Goat Hill Ln to Cox Ct
  • Garage Yn: Yes
  • Efficiency: Attic Vent Elec., Other (See Remarks)
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Microwave,Countertop Range,Washer,Dryer), Unit 2(Range,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Has Basement: Full, Partially Finished, Sump Pump
  • MAIN LO: AN1958
  • MAIN SO: AN6181
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Other (See Remarks), Unit 1(Studio,Bathroom With Tub), Unit 2(Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen,Office/Den,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Stories: 3
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter
  • View: Scenic View(s)
  • Construction Type: Stone
  • Disclosures: Both Units Are Vacant. All The Measures, Rents And Operating Expenses Are Approximate. Buyer And Buyer's Agent To Verify And Do Their Due Diligence On The Square Footage.
  • Fencing: Fenced
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, 0 to 1/10 Mile To Beach
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Tandem, Driveway, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 11

Utilities

  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Hot Water Baseboard,Gas,Unit Control)
  • HEAT UNITS: 2
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Unit 1 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Marina, Private School, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Annual Water Sewer Expense: 1200

Lot Info

  • LOT SIZE: 5089
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: RMD

Multi Family

  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N
  • Electric Expense: 500
  • Annual Gross Income: 52800
  • Insurance Expense: 1600
  • Property Net Operating Income: 49700
  • Number Of Units Total: 2
  • Annual Operating Expense: 15000
  • Total Actual Rent: 4500

Tax Info

  • Tax Annual Amount: 6084.57
  • Tax Book Number: 33339
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Dec 21, 2021
Sold by
Hoxhaj Alma and Hoxhaj Arben
Bought by
Lane Tanner and Mccoole Finn
Seller's Agent
Arian Simaku
Simaku Realty, LLC
Buyer's Agent
Albert Lane
Coldwell Banker Realty - Marblehead
Sold Price
$790,000
Current Estimated Value
$977,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,680
Avg. Annual Appreciation
5.34%
Original Mortgage
$671,500
Outstanding Balance
$612,323
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$365,357

Purchase Details

Listed on
May 4, 2014
Closed on
Jun 13, 2014
Sold by
Papuciu Laurenc and Papuciu Sanie
Bought by
Hoxhaj Arben and Hoxhaj Alma
Seller's Agent
Frank Rossetti
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Francine Cecieta
Keller Williams Realty Evolution
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$248,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2009
Sold by
Moran Donald W and Moran Joann
Bought by
Papuciu Laurenc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,988
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lane Tanner $790,000 None Available
Hoxhaj Arben $310,000 --
Papuciu Laurenc $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Tanner $671,500
Previous Owner Hoxhaj Arben $248,000
Previous Owner Papuciu Laurenc $260,988
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2021 12/21/21 Sold $790,000 0.0% $243 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/04/2021 11/04/21 For Sale -- -- --
11/03/2021 11/03/21 Off Market $790,000 -- --
09/29/2021 09/29/21 For Sale $849,000 +173.9% $261 / Sq Ft
06/13/2014 06/13/14 Sold $310,000 0.0% $117 / Sq Ft View Prior Sale
05/14/2014 05/14/14 Pending -- -- --
05/04/2014 05/04/14 For Sale $309,900 -- $117 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,971 $816,300 $357,200 $459,100
2024 $8,439 $751,500 $292,400 $459,100
2023 $7,880 $699,800 $262,800 $437,000
2022 $6,297 $517,400 $207,300 $310,100
2021 $6,085 $479,100 $198,000 $281,100
2020 $5,694 $463,300 $186,900 $276,400
2019 $5,491 $415,700 $166,600 $249,100
2018 $5,180 $380,900 $162,900 $218,000
2017 $4,611 $322,900 $120,300 $202,600
2016 $4,304 $299,100 $120,300 $178,800
2015 $4,220 $299,100 $120,300 $178,800
Source: Public Records

Agents Affiliated with this Home

  • Arian Simaku

    Seller's Agent in 2021

    Arian Simaku

    Simaku Realty, LLC

    (857) 753-5683

    1 in this area

    113 Total Sales

    Arian Simaku
    Section Image

  • A

    Buyer's Agent in 2021

    Albert Lane

    Coldwell Banker Realty - Marblehead

    Section Image
  • Frank Rossetti

    Seller's Agent in 2014

    Frank Rossetti

    Coldwell Banker Realty - Lynnfield

    (781) 718-4662

    46 Total Sales

    Frank Rossetti
    Section Image

  • F

    Buyer's Agent in 2014

    Francine Cecieta

    Keller Williams Realty Evolution

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901484

MLS Property Information Network (MLS PIN)

APN: BEVE-000004-000176

Massachusetts Essex County Beverly 01915 Downtown Beverly

23 Cox Ct, Beverly, MA

Not Listed for Sale

MultiFamily

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