NOT LISTED FOR SALE

25 Lothrop St Unit 27 Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $1,074,000 - $1,360,350

6 Beds
2 Baths
3,158 Sq Ft
$404/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $655,000 $207 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $7,827/month

44 Days on Market

About This Home

As of July 2016

This stunning Victorian has been lovingly restored keeping most of the original detail while adding modern updates such as new roof, windows, electric and plumbing. Lots of storage & closet space, this two unit has a third floor which has already been framed with electric and plumbing in place for a Master ensuite with french doors to the balcony, plus two more bedrooms and another full bath. 1st & 2nd floor units have spacious eat-in kitchens w/pantries + Dining areas. Each has a large living room and it's own front and back porch. Parking for 5-6 cars & nice level yard with shed. Enjoy beautiful sea breezes and the sound of the Ocean. Views from 2nd and 3rd floors - peeks from 1st. A rare opportunity to own an income property you can live in close to town, beach and train that you can put your finishing touches on.

Last Agent to Sell the Property

Jan Pellegrini

Keller Williams Realty Evolution Listed on: 04/14/2016

Keller Williams Realty Evolution

Last Buyer's Agent

Susan Schale

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,669

Year Built

1904

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1904

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps, Varies per Unit, 150 Amps, Individually Metered
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Pine, Stone / Slate, Parquet
  • Basement: Full, Interior Access, Concrete Floor, Unfinished Basement, Walk Out
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood, Patio, Gutters, Storage Shed, Screens
  • Foundation: Granite
  • Beach: Ocean, Direct Access, Walk to
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Middle School: Briscoe
  • High School: Beverly High

Lot Info

  • Assessor Parcel Number: M:0002 B:0100 L:
  • Zoning: R10

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Fireplaces: 2
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 11
  • Waterview: Ocean, Public, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Ciardiello Marcus
Bought by
Ciardiello Marcus and Ciardiello Maryellen
Current Estimated Value
$1,275,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,600
Outstanding Balance
$448,009
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$827,829

Purchase Details

Closed on
Jun 6, 2019
Sold by
Ciardiello Marcus and Slatkin Rebecca
Bought by
Ciardiello Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,600
Outstanding Balance
$448,009
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$827,829

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jul 11, 2016
Sold by
Audesse John E Est and Odess
Bought by
Ciardello Marcus and Slatkin Rebecca
Seller's Agent
Jan Pellegrini
Keller Williams Realty Evolution
Buyer's Agent
Susan Schale
Keller Williams Realty Evolution
List Price
$699,900
Sold Price
$655,000
Premium/Discount to List
-$44,900
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$524,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Lauranzano Joanna and Lauranzano Yolanda P
Bought by
Audesse John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 1990
Sold by
Pinciaro Alan C
Bought by
Lauranzano Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
10.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ciardiello Marcus -- --
Ciardiello Marcus -- --
Ciardello Marcus $655,000 --
Audesse John $545,000 --
Lauranzano Joanna $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciardiello Marcus $510,600
Previous Owner Ciardello Marcus $524,000
Previous Owner Lauranzano Joanna $390,000
Previous Owner Lauranzano Joanna $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $655,000 -3.7% $207 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/19/2016 05/19/16 Price Changed $679,900 -2.9% $215 / Sq Ft
04/14/2016 04/14/16 For Sale $699,900 -- $222 / 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 $12,669 $1,152,800 $558,600 $594,200
2024 $12,946 $1,152,800 $558,600 $594,200
2023 $11,814 $1,049,200 $484,100 $565,100
2022 $11,160 $917,000 $351,900 $565,100
2021 $10,804 $850,700 $335,200 $515,500
2020 $10,300 $802,800 $305,400 $497,400
2019 $8,516 $644,700 $271,900 $372,800
Source: Public Records

Agents Affiliated with this Home

  • Jan Pellegrini

    Seller's Agent in 2016

    Jan Pellegrini

    Keller Williams Realty Evolution

    (978) 810-0916

    3 in this area

    65 Total Sales

    Jan Pellegrini
    Section Image
  • Susan Schale

    Buyer's Agent in 2016

    Susan Schale

    Keller Williams Realty Evolution

    (978) 836-6042

    2 in this area

    21 Total Sales

    Susan Schale
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71988049

MLS Property Information Network (MLS PIN)

APN: BEVE M:0002 B:0100 L:

Massachusetts Essex County Beverly 01915 Downtown Beverly

25 Lothrop St Unit 27, Beverly, MA

This home is located at 25 Lothrop St Unit 27, Beverly, MA 01915 since 14 April 2016 and is currently estimated at $1,275,838, approximately $404 per square foot. This property was built in 1904. 25 Lothrop St Unit 27 is a home located in Essex County with nearby schools including Beverly High School, Mrs Alexander's School, and Harborlight Montessori School.

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MLS Property Information Network (MLS PIN) 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.

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