NOT LISTED FOR SALE

38-40 Simon St Beverly, MA 01915

Gloucester Crossing Neighborhood

Estimated Value: $816,000 - $996,000

6 Beds
2 Baths
3,271 Sq Ft
$274/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $649,900 $199 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,332/month

32 Days on Market

Highlights

  • Porch
  • Level Lot
  • 2-minute walk to Holcroft Park
  • Laundry Room
  • Heating Available

About This Home

As of February 2023

This home qualifies for a 4.5% interest rate Oversized 2 family in a great location. Both units 3 bedrooms. Large open floor plans. 1 unit delivered vacant. 1st floor rented for 1600 a month. TAW. Great opportunity for owner occupied or investor.

Last Agent to Sell the Property

Tyler Scaglione

Cameron Real Estate Group Listed on: 01/05/2023

Cameron Real Estate Group

Last Buyer's Agent

Silvana Perrina

Premiere Realty & Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,855

Year Built

  • Built in 1880

Lot Details

  • 3,892 Sq Ft Lot
  • Level Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 3,271 Sq Ft Home
  • Property has 2 Levels
  • Laundry Room
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $19,200

Listing and Financial Details

  • Total Actual Rent $1,600
  • Rent includes unit 1(water hot water other (see remarks))
  • Assessor Parcel Number M:0030 B:0192 L:,4185612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,855

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Other (See Remarks), Unit 1(Ceiling Fans,Pantry,Storage), Unit 2(Ceiling Fans,Pantry,Storage), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Partially Finished
  • Living Area: 3271
  • Stories Total: 4
  • MAIN LO: AC0756
  • MAIN SO: NB2154

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Roof: Other
  • Waterfront Features: Beach Front, River, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water,Hot Water,Other (See Remarks))

Lot Info

  • Parcel Number: M:0030 B:0192 L:,4185612
  • Zoning: RMD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3892
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6855

Multi Family

  • Net Operating Income: 19200
  • Number Of Units Total: 2
  • Total Actual Rent: 1600
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 For Sale $649,900 0.0% $199 / Sq Ft
02/13/2023 02/13/23 Sold $649,900 0.0% $199 / Sq Ft
02/13/2023 02/13/23 Off Market $649,900 -- --
02/06/2023 02/06/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $649,900 0.0% $199 / Sq Ft
02/05/2023 02/05/23 Off Market $649,900 -- --
01/05/2023 01/05/23 For Sale $649,900 -- $199 / 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 $8,324 $757,400 $354,900 $402,500
2024 $7,499 $667,800 $290,500 $377,300
2021 $6,605 $520,100 $196,800 $323,300
2020 $6,460 $503,500 $185,700 $317,800
2019 $5,962 $451,300 $165,500 $285,800
2018 $5,591 $411,100 $161,800 $249,300
2017 $5,374 $376,300 $119,500 $256,800
2016 $4,962 $344,800 $119,500 $225,300
2015 $4,865 $344,800 $119,500 $225,300
Source: Public Records

Agents Affiliated with this Home

  • Tyler Scaglione

    Seller's Agent in 2023

    Tyler Scaglione

    Cameron Real Estate Group

    (781) 412-1980

    1 in this area

    512 Total Sales

    Tyler Scaglione
    Section Image
  • Silvana Perrina

    Buyer's Agent in 2023

    Silvana Perrina

    Premiere Realty & Associates, Inc.

    (617) 908-5992

    1 in this area

    5 Total Sales

    Silvana Perrina
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73068227

MLS Property Information Network (MLS PIN)

APN: BEVE-000030-000192

Massachusetts Essex County Beverly 01915 Gloucester Crossing

38-40 Simon St, Beverly, MA

Not Listed for Sale

MultiFamily

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