NOT LISTED FOR SALE

Estimated Value: $949,000 - $1,020,000

5 Beds
3 Baths
2,808 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 26, 2024

Last sale price $925,000 $329 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,794/month

6 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Living Room
  • 1 Fireplace
  • Tandem Parking
  • 2-minute walk to Norman Gilbert Park

About This Home

As of November 2024

Excellent opportunity for investment or owner occupied! This home has been in the same family for over 60 years and just coming to market for the first time. This is a highly desirable location, very close to Beverly's wonderful beaches in the cove, close to downtown, close to restaurants, clubs, and night life! Also close to the commuter rail and public transportation. Units 1 and 3 are vacant, with unit #2 on a month to month tenant at will lease. This house has been well maintained over the years and is move in ready. Do not miss this opportunity for a great home in a great location! All offers are due Monday 10/28/24 at 6pm, All offers will be reviewed on Tuesday 10/29/24 and NOT before, as per seller instructions.

Last Agent to Sell the Property

Philip Dennesen

Keller Williams Realty Evolution Listed on: 10/23/2024

Keller Williams Realty Evolution

Co-Listed By

Robin O'donnell

Keller Williams Realty Evolution

Last Buyer's Agent

Shannon McInnis

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,548

Year Built

  • Built in 1880

Lot Details

  • 4,238 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage
  • Tandem Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,808 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Porch

Listing and Financial Details

  • Total Actual Rent $1,800
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0005 B:0308 L:,4180593

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,548

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1880
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s), Living Room, Dining Room, Kitchen
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Concrete
  • Living Area: 2808
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: C95098
  • MAIN SO: C95098

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0005 B:0308 L:,4180593
  • Zoning: RMD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4238
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8548

Multi Family

  • Net Operating Income: 21600
  • Number Of Units Total: 3
  • Total Actual Rent: 1800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2009
Sold by
Baginski Elaine D and Diorio George J
Bought by
Diorio Michael J
Current Estimated Value
$980,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,000
Outstanding Balance
$205,725
Interest Rate
5.36%
Estimated Equity
$774,828
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diorio Michael J -- --
Diorio Michael J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diorio Michael J $317,000
Closed Diorio Michael J $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2024 11/26/24 Sold $925,000 +19.4% $329 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $775,000 -- $276 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,366 $761,200 $383,200 $378,000
2024 $8,548 $761,200 $383,200 $378,000
2022 $7,858 $645,700 $276,400 $369,300
2021 $8,037 $632,800 $263,500 $369,300
2020 $7,824 $584,200 $239,500 $344,700
2019 $7,526 $567,100 $230,300 $336,800
2018 $6,969 $512,400 $221,100 $291,300
2017 $6,002 $420,300 $165,800 $254,500
2016 $5,746 $399,300 $165,800 $233,500
2015 $5,634 $399,300 $165,800 $233,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73305742

MLS Property Information Network (MLS PIN)

APN: BEVE-000005-000308