George Needham
GLN & Company, LLC
(978) 736-2304
24 Total Sales
1 in Downtown Beverly
$619,000 Price
245 Rantoul St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $1,021,006
6
Beds
3
Baths
3,482
Sq Ft
$293/Sq Ft
Est. Value
Highlights
- Medical Services
- Corner Lot
- Park
- Property is near public transit and schools
- Jogging Path
- 2-minute walk to Sam Carratu Park
About This Home
As of August 2024This prime Downtown Beverly 3-story oversized three-family has been well maintained and numerous improvements have been made to the property. The property boasts a rentable square footage of 3,482± with a total gross of 4,998± SF. The property consists of two (2) three-bedroom units and one (1) two-bedroom unit all floor through with open floor plans. The property offers tenants coin-op laundry facilities, as well as one (1) surface parking spot and one (1) attached garage for additional income. Each unit is separately metered for gas heat /hot water with three newly installed hot water tanks in 2022 as well as separate electric meters. This property offers investors a value-add opportunity with under-market rents currently in place within a supply constrained prime location.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,102
Year Built
- Built in 1800
Lot Details
- 2,161 Sq Ft Lot
- Corner Lot
Parking
- 1 Car Garage
- Leased Parking
- Off-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- 3,482 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Additional Features
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Total Actual Rent $6,350
- Assessor Parcel Number M:0011 B:0149 L:,4182041
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
Building Details
- Electric Expense $1,922
- Insurance Expense $3,000
- Water Sewer Expense $1,399
- Operating Expense $6,621
- Net Operating Income $65,491
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
Jul 26, 2024
Closed on
Aug 30, 2024
Sold by
245 Rantoul Street Rt and Audette
Bought by
Seller's Agent
Dan Pouladian
North Shore Realty Advisors
Buyer's Agent
Sara Pouladian
North Shore Realty Advisors
List Price
$995,000
Sold Price
$915,000
Premium/Discount to List
-$80,000
-8.04%
Views
13
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
$106,006
Avg. Annual Appreciation
5.41%
Original Mortgage
$549,000
Outstanding Balance
$538,004
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$483,002
Purchase Details
Closed on
Mar 17, 1995
Sold by
Vitale Richard A and Vitale Fhlmc
Bought by
245 National St Rt and Audettde
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Beverly, MA
-
George Needham
-
Margaret Belmonte
Margaret Belmonte
Leading Edge Real Estate
(351) 208-9854
41 Total Sales
3 in Downtown Beverly
$380K - $1M Price Range
-
North Star Group
North Star Group
Real Broker MA, LLC
(857) 240-5268
104 Total Sales
1 in Downtown Beverly
$461,000 Price
-
Christine Rocha
Christine Rocha
Residential Realty Group
(339) 210-1740
55 Total Sales
1 in Downtown Beverly
$385,000 Price
-
Michael Page
Michael Page
LAER Realty Partners
(351) 208-1250
108 Total Sales
1 in Downtown Beverly
$352,500 Price
-
Michelle Doyle
Michelle Doyle
Flow Realty, Inc.
(978) 690-4362
49 Total Sales
1 in Downtown Beverly
$590,000 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 |
|---|---|---|---|
| $915,000 | None Available | ||
| 245 National St Rt | $85,000 | -- |
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 | $549,000 | ||
| Previous Owner | 245 Rantoul Street Rt | $215,000 | |
| Previous Owner | 245 Rantoul Street Rt | $125,000 | |
| Previous Owner | 245 Rantoul Street Rt | $745,000 | |
| Previous Owner | 240-244 Rantoul Rt | $140,000 | |
| Previous Owner | 245 Rantoul Street Rt | $140,000 | |
| Previous Owner | 245 Rantoul Street Rt | $113,000 | |
| Previous Owner | 245 Rantoul St Rt | $25,000 | |
| Previous Owner | 245 Rantoul Street Rt | $110,000 | |
| Previous Owner | 245 Rantoul St Rt | $90,000 | |
| Previous Owner | 245 National St Rt | $85,000 |
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 |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $915,000 | -8.0% | $263 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 07/26/2024 07/26/24 | For Sale | $995,000 | -- | $286 / 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 | $8,594 | $782,000 | $333,700 | $448,300 |
| 2024 | $8,102 | $721,500 | $273,200 | $448,300 |
| 2023 | $7,812 | $693,800 | $245,500 | $448,300 |
| 2022 | $7,680 | $631,100 | $193,600 | $437,500 |
| 2021 | $7,908 | $622,700 | $185,000 | $437,700 |
| 2020 | $7,187 | $560,200 | $152,800 | $407,400 |
| 2019 | $6,795 | $514,400 | $116,700 | $397,700 |
| 2018 | $5,936 | $436,500 | $95,100 | $341,400 |
| 2017 | $5,231 | $366,300 | $70,200 | $296,100 |
| 2016 | $4,897 | $340,300 | $70,200 | $270,100 |
| 2015 | $4,802 | $340,300 | $70,200 | $270,100 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Pouladian
Seller's Agent in 2024
Dan Pouladian
North Shore Realty Advisors
(617) 548-7737
4 in this area
30 Total Sales
-
Sara Pouladian
SP
Seller Co-Listing Agent in 2024
Sara Pouladian
North Shore Realty Advisors
(617) 910-6646
4 in this area
21 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73269882
APN: BEVE M:0011 B:0149 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.
Nearby Homes
- 251 Rantoul St Unit 1
- 8 Chase St
- 26 Wallis St Unit 1
- 17 Vestry St
- 7-r W Dane St
- 14 1/2 Roundy St Unit 2
- 14 Roundy St Unit 4
- 116 Rantoul St Unit 210
- 13 Knowlton St
- 19 Essex St
- 19 Charnock St Unit 2
- 328 Cabot St
- 26 Abbott St
- 30 Hale St
- 8 May St
- 2 Butman St
- 60 Rantoul St Unit 503N
- 14 Central Ct
- 37 Bridge St
- 22 Myrtle St
- 46 Federal St
- 44 Federal St
- 253 Rantoul St Unit 19
- 253 Rantoul St
- 48 Federal St Unit 3
- 48 Federal St Unit 2
- 40 Federal St
- 48 Federal St Unit 306
- 48 Federal St Unit 305
- 48 Federal St Unit 304
- 48 Federal St Unit 303
- 48 Federal St Unit 302
- 48 Federal St Unit 301
- 48 Federal St Unit 205
- 48 Federal St Unit 204
- 48 Federal St Unit 203
- 48 Federal St Unit 202
- 48 Federal St Unit 201
- 48 Federal St Unit 106
- 48 Federal St Unit 105
Your Personal Tour Guide
Ask me questions while you tour the home.