K
Seller's Agent in 2023
Karen Butt
Compass
(978) 337-5597
1 in this area
15 Total Sales
338 Cabot St Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $659,000 - $894,000
4
Beds
2.5
Baths
2,034
Sq Ft
$397/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Tandem Parking
- Property is near public transit
- Porch
- 5-minute walk to Bessie Baker Park
About This Home
As of August 2023A fantastic opportunity for Developers, Investors, or anyone to enjoy a true antique multi family home in a sizzling hot area near the vibrant metro location of downtown Beverly, and shops and restaurants along Rantoul Street, and minutes to glorious ocean beaches and parks. Take your pick from five Beverly train stops into Boston. This handsome multi family has been well maintained by the same owner for many years, is in move in condition as is, with newer kitchens and baths, yet is ripe for a total transformation. Check with Beverly Authorities about a single family or condo conversion? Or house multi-generations here, all enjoying it's large private rear yard, and garage. This special property has not changed hands in many years, and now enjoys universal appeal. The roof is approximately 10 years old and most window are vinyl clad. Hardwood on both levels. Off street parking for approximately 8 cars. Private yard with great potential. There is opportunity here.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,328
Year Built
- Built in 1751
Lot Details
- 5,704 Sq Ft Lot
- Level Lot
- Cleared Lot
Parking
- 1 Car Garage
- Tandem Parking
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Duplex
- Stone Foundation
- Frame Construction
Interior Spaces
- 2,034 Sq Ft Home
- Property has 2 Levels
- Laundry Room
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Additional Features
- Porch
- Property is near public transit
- Heating Available
Listing and Financial Details
- Total Actual Rent $3,600
- Assessor Parcel Number M:0020 B:0218 L:,4183949
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 2 Units
- Net Operating Income $44,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2010
Sold by
Gomatos Aspasia Stacy
Bought by
Francis Rt and Gomatos
Current Estimated Value
Purchase Details
Closed on
Oct 5, 2009
Sold by
Francis Rt and Gomatos
Bought by
Gomatos Aspasia Stacy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,800
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 5, 1995
Sold by
Heritage Coop Bank
Bought by
Francis Rt and Gomatos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Francis Rt | -- | -- | |
| Gomatos Aspasia Stacy | -- | -- | |
| Francis Rt | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Francis Rt | $163,800 | |
| Previous Owner | Francis Rt | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2023 08/15/23 | Sold | $725,000 | 0.0% | $356 / Sq Ft |
| 06/30/2023 06/30/23 | Pending | -- | -- | -- |
| 06/22/2023 06/22/23 | For Sale | $725,000 | -- | $356 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,460 | $678,800 | $358,400 | $320,400 |
| 2024 | $6,822 | $607,500 | $293,400 | $314,100 |
| 2023 | $6,328 | $562,000 | $263,700 | $298,300 |
| 2022 | $6,162 | $506,300 | $208,000 | $298,300 |
| 2021 | $5,973 | $470,300 | $198,700 | $271,600 |
| 2020 | $5,836 | $454,900 | $187,600 | $267,300 |
| 2019 | $5,406 | $409,200 | $167,100 | $242,100 |
| 2018 | $5,124 | $376,800 | $163,400 | $213,400 |
| 2017 | $4,859 | $340,300 | $120,700 | $219,600 |
| 2016 | $4,536 | $315,200 | $120,700 | $194,500 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Butt
-
Lien Vuong
Buyer's Agent in 2023
Lien Vuong
Berkshire Hathaway HomeServices Commonwealth Real Estate
(781) 244-2669
1 in this area
185 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73128572
APN: BEVE M:0004 B:0157 L:0PHB
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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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