NOT LISTED FOR SALE

38 Bearskin Neck Rockport, MA 01966

Estimated Value: $839,918

2 Beds
2 Baths
1,688 Sq Ft
$498/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $576,000 $341 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,116/month

10 Days on Market

Highlights

  • Ocean View
  • Deck
  • Wood Flooring

About This Home

As of August 2020

Ocean views abound! Explore the many options of this mixed use turn key residential/commercial investment opportunity on Bearskin Neck, the HEART of all that Rockport has to enjoy... beaches, harbors, kayaking, ocean breezes and fresh seafood- all steps from your door! Ideal for Airbnb and/or owner occupation. Extremely high foot traffic for your retail business adds to the already high financial sustainability of this seaside charmer. While the ideally situated retail space below welcomes your entrepreneurship, two furnished one-bedroom apartments upstairs welcome you with restful charm and high quality updates such as new windows and bathrooms. Each apt rented for $1000+ per week Airbnb or $1000 per month long term (electric paid by tenants). The back, fully renovated apt has an ocean viewing deck while the front apt exudes old world charm and overlooks the Neck and Motif #1. Shop merchandise available at cost for instant income. Showings by appt. only.

Last Agent to Sell the Property

Erika Mattson

Keller Williams Realty Evolution Listed on: 06/25/2020

Keller Williams Realty Evolution

Last Buyer's Agent

Erika Mattson

Keller Williams Realty Evolution Listed on: 06/25/2020

Keller Williams Realty Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 1900

Lot Details

  • 871

Flooring

  • Wood
  • Tile
  • Vinyl

Additional Features

  • Ocean Views
  • Deck
  • Electric Water Heater

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,477

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 342.12
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 5
  • Total Frplcs: 2
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 6
  • Rms Common: Laundry
  • Main Lo: C95098
  • Main So: C95098
  • Estimated Sq Ft: 1688.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Features: Deck - Roof
  • Foundation Size: 14 x 49

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, House of Worship, Public School

Schools

  • Elementary School: Rockport
  • Middle School: RMS
  • High School: RHS

Lot Info

  • Assessments: 466300.00
  • Acre: 0.02
  • Lot Size: 871.00
  • Page: 535
  • Zoning: GD
  • Lot Description: Easements, Flood Plain

Multi Family

  • Total Levels: 5
  • Total Rms: 6
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4709.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2011
Sold by
Jylkka Everett W and Jylkka Virginia L
Bought by
Cape Hedge T and Cape Suchecki
Current Estimated Value
$839,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$243,671
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$582,296

Purchase Details

Closed on
Mar 8, 2002
Sold by
Orville A Caswell Rt and Caswell
Bought by
Jylkka Everett W and Jylkka Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Cape Hedge T $450,000 --
Cape Hedge T $450,000 --
Jylkka Everett W $332,000 --
Jylkka Everett W $332,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jylkka Everett W $360,000
Closed Jylkka Everett W $360,000
Previous Owner Jylkka Everett W $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $576,000 -0.3% $341 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $577,500 -- $342 / 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 $6,477 $739,400 $522,000 $217,400
2024 $5,768 $685,000 $480,000 $205,000
2023 $5,571 $590,800 $430,400 $160,400
2022 $5,701 $580,600 $402,400 $178,200
2021 $5,606 $575,600 $402,400 $173,200
2020 $4,710 $466,300 $335,700 $130,600
2019 $4,536 $460,000 $335,700 $124,300
2018 $3,972 $392,900 $268,600 $124,300
2017 $4,432 $392,900 $268,600 $124,300
2016 $4,087 $363,300 $261,000 $102,300
2015 $3,996 $363,300 $261,000 $102,300
2014 $4,094 $363,300 $261,000 $102,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72680398

MLS Property Information Network (MLS PIN)

APN: ROCK-000036-000000-000095