NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $1,114,730

9 Beds
3 Baths
4,227 Sq Ft
$259/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2024

Last sale price $1,000,000 $237 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,716 / mo

4 Days on Market

Highlights

  • Medical Services
  • Property is near golf course, public transit, and schools
  • Corner Lot
  • Deck
  • Wood Flooring
  • 2-minute walk to Holcroft Park

About This Home

As of October 2024

Discover the perfect blend of convenience & investment potential with this 3-family property in the heart of Beverly. Situated just a mile from the beaches and vibrant downtown area this residence offers 9 spacious bedrooms and 3 bathrooms, providing ample space for families or generating rental income. The property boasts a large, level yard ideal for outdoor gatherings, gardening, or simply enjoying some relaxation. Key features include vinyl siding, a newer roof, just 2 years old, and recently updated gas hot water tanks. Gas stoves are throughout. Just minutes to the commuter rail. Additionally, the property includes a second lot, providing potential for future expansion. Buyer to do their own due diligence on what is allowed. Whether you’re looking for a multi-family home to accommodate your family or an investment opportunity in a sought-after location, this property delivers on all fronts. Schedule your viewing today and envision the possibilities

Last Agent to Sell the Property

Nikki Martin

Compass Listed on: 09/25/2024

Compass

Co-Listed By

Daniel Donovan

Compass

Last Buyer's Agent

Anderson De Andrade

Invest Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,384

Year Built

  • Built in 1900

Lot Details

  • 3,968 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 4,227 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Storage
  • Washer and Electric Dryer Hookup
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near golf course, public transit, and schools

Schools

  • Ayers Ryal Side Elementary School
  • Briscoe Middle School
  • Beverly High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $4,250
  • Tax Lot 25
  • Assessor Parcel Number 4183817

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $600
  • Insurance Expense $4,000
  • Water Sewer Expense $3,200
  • Operating Expense $15,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,384

Year Built

Built in 1900

Lot Details

3,968 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Carpet, Laminate, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Storage, Bathroom With Tub, Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Dishwasher
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full
  • Living Area: 4227
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2383
  • MAIN SO: NB5311

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup
  • Heating: Forced Air, Oil
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3200

Lot Info

  • Parcel Number: 4183817
  • Zoning: RMD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3968
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8384
  • Tax Lot: 25

Multi Family

  • Electric Expense: 600
  • Insurance Expense: 4000
  • Net Operating Income: 36000
  • Number Of Units Total: 3
  • Operating Expense: 15000
  • Total Actual Rent: 4250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

MLS Schools

  • High School: Beverly High
  • Elementary School: Ayers Ryal Side
  • Middle Or Junior School: Briscoe

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
Sep 25, 2024
Closed on
Oct 25, 2024
Sold by
Bought by
Seller's Agent
Nikki Martin
Compass
Buyer's Agent
Anderson De Andrade
Invest Realty Group
List Price
$979,900
Sold Price
$1,000,000
Premium/Discount to List
$20,100
2.05%
Views
13
Current Estimated Value
$1,096,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,183
Avg. Annual Appreciation
5.55%
Original Mortgage
$700,000
Interest Rate
0.0608%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2008
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
$208,000
Interest Rate
0.0599%

Purchase Details

Closed on
Jan 27, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$1,000,000 None Available
-- --
-- --
$133,146 --
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 $700,000
Closed $700,000
Previous Owner $208,000
Previous Owner $173,000
Previous Owner $130,000
Previous Owner $50,000
Previous Owner $70,000
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
10/30/2024 10/30/24 Sold $1,000,000 +2.1% $237 / Sq Ft
09/29/2024 09/29/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $979,900 -- $232 / 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 $8,913 $811,000 $355,100 $455,900
2024 $8,384 $746,600 $290,700 $455,900
2023 $8,075 $717,100 $261,200 $455,900
2022 $7,919 $650,700 $206,000 $444,700
2021 $8,148 $641,600 $196,800 $444,800
2020 $7,688 $599,200 $185,800 $413,400
2019 $7,515 $568,900 $165,600 $403,300
2018 $6,906 $507,800 $161,900 $345,900
2017 $5,976 $418,500 $119,600 $298,900
2016 $5,635 $391,600 $119,600 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73294440

MLS Property Information Network (MLS PIN)

APN: BEVE M:0030 B:0117 L:

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