David Brown
Coldwell Banker Realty - Beverly
(339) 666-1240
62 Total Sales
3 in Downtown Beverly
$455K - $560K Price Range
277 Rantoul St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $943,581
1
Bed
4
Baths
4,050
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Medical Services
- Park
- Tile Flooring
- Property is near public transit and schools
- Shops
- Coin Laundry
About This Home
As of December 2024277 Rantoul Street is a great opportunity to own a Downtown Beverly mixed-use 2-story property. The asset has a strong long-term restaurant and two (2) oversized one-bedroom units. One unit has expansion possibilities of adding another bedroom and bathroom. The property boasts a rentable square footage of 4,050± with a total gross of 6,039± SF. The property consists of two (2) one-bedroom units with open floor plans on the 2nd floor and a restaurant on the first floor. Residential tenants pay all utilities except for water/sewer and trash. The seller pays $25/month towards trash for the residential units, the restaurant covers the remainder of the trash bill. The restaurant is responsible for 50% of water/sewer charges. This property offers investors an ideal Downtown Beverly sound investment. This asset is located near the Cummings Center, Lahey Medical, and Beverly Depot with various transportation options, and is accessible to all major thoroughfares.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,464
Year Built
- Built in 1890
Lot Details
- 4,326
Home Design
- Stone Foundation
- Rubber Roof
Interior Spaces
- 4,050 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
Parking
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Additional Features
- Bulkhead
- 4,326 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $7,200
- Assessor Parcel Number M:0011 B:0128 L:,4182020
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Electric Expense $861
- Insurance Expense $6,000
- Water Sewer Expense $1,824
- Operating Expense $26,326
- Net Operating Income $56,474
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
Oct 10, 2024
Closed on
Dec 6, 2024
Sold by
Bought by
Seller's Agent
Sara Pouladian
North Shore Realty Advisors
Buyer's Agent
Sara Pouladian
North Shore Realty Advisors
List Price
$1,000,000
Sold Price
$850,000
Premium/Discount to List
-$150,000
-15%
Views
36
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
$93,581
Avg. Annual Appreciation
6.53%
Purchase Details
Closed on
Sep 4, 2003
Sold by
Bought by
Purchase Details
Closed on
Oct 13, 2000
Sold by
Bought by
Purchase Details
Closed on
Dec 20, 1990
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Beverly, MA
-
David Brown
-
Kelly Blagden
Kelly Blagden
Churchill Properties
(351) 207-3384
16 Total Sales
3 in Downtown Beverly
$560K - $820K Price Range
-
Tracey Cleversey
Tracey Cleversey
Hive Property Group
(339) 444-2143
53 Total Sales
1 in Downtown Beverly
$450,000 Price
-
Karol Flannery
Karol Flannery
RE/MAX Bentley's
(978) 518-3106
36 Total Sales
1 in Downtown Beverly
$805,000 Price
-
Robin Moore
Robin Moore
Churchill Properties
(401) 309-0652
41 Total Sales
1 in Downtown Beverly
$675,000 Price
-
Pete Castrichini
Pete Castrichini
Barry Realty Group
(978) 416-5699
25 Total Sales
1 in Downtown Beverly
$840,000 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 |
|---|---|---|---|
| $850,000 | None Available | ||
| $400,000 | -- | ||
| $190,000 | -- | ||
| $140,000 | -- |
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 | $500,000 | ||
| Closed | $200,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $60,000 |
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 |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Sold | $850,000 | -15.0% | $210 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $1,000,000 | -- | $247 / 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 | $18,578 | $866,500 | $360,400 | $506,100 |
| 2024 | -- | $817,600 | $330,300 | $487,300 |
| 2023 | $0 | $817,600 | $330,300 | $487,300 |
| 2022 | $0 | $779,700 | $300,300 | $479,400 |
| 2021 | $0 | $726,300 | $300,300 | $426,000 |
| 2020 | $0 | $628,100 | $242,300 | $385,800 |
| 2019 | $0 | $563,500 | $204,500 | $359,000 |
| 2018 | $0 | $527,300 | $181,700 | $345,600 |
| 2017 | -- | $458,900 | $143,900 | $315,000 |
| 2016 | -- | $458,900 | $143,900 | $315,000 |
| 2015 | -- | $458,900 | $143,900 | $315,000 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Pouladian
S
Seller's Agent in 2024
Sara Pouladian
North Shore Realty Advisors
(617) 910-6646
4 in this area
21 Total Sales
-
Dan Pouladian
Seller Co-Listing Agent in 2024
Dan Pouladian
North Shore Realty Advisors
(617) 548-7737
4 in this area
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73300874
APN: BEVE M:0020 B:0313 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.
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