Seller's Agent in 2023
Michelle Fermin
Century 21 North East
(978) 423-6545
3 in this area
1,135 Total Sales
40 Bow St Unit 1 Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $438,000 - $543,000
2
Beds
1
Bath
960
Sq Ft
$200/mo
HOA Fee
Highlights
- Property is near public transit
- Bathtub with Shower
- Hot Water Heating System
- Wood Flooring
- Shops
- 4-minute walk to Odell Park
About This Home
As of August 2023Don't miss out on the opportunity to reside in this wonderful, well-lit, and roomy first-floor condominium situated on a peaceful side street right in the heart of Downtown Beverly. Instead of renting, consider owning this delightful two-bedroom, one-bathroom condo. The property is conveniently positioned within half a mile of the MBTA Beverly Depot and just three miles from Route 128. Inside the condo, you'll find hardwood floors, tall ceilings, an inviting open floor plan, and ample storage space in the closets. The layout is perfect for hosting gatherings with your loved ones. The kitchen is fully equipped with stainless steel appliances, a gas range for cooking, and updated lighting in the kitchen and dining area. You can enjoy outdoor spaces on both the front porch and behind the building. In the basement, you'll have additional private storage available, along with your own dedicated washer and dryer. The location is fantastic, just a few blocks to the beach!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,904
Year Built
- Built in 1920
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Frame Construction
- Wood Roof
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Light Fixtures
- Dining Area
- Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 1 Car Parking Space
- Off-Street Parking
- Rented or Permit Required
Location
- Property is near public transit
- Property is near schools
Schools
- Cove Elementary School
- Beverly Middle School
- Beverly High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 4613575
Community Details
Overview
- Association fees include sewer, insurance, reserve funds
Amenities
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2023
Closed on
Aug 8, 2023
Sold by
Torgersen Mary P
Bought by
Foster Kelly W
Seller's Agent
Michelle Fermin
Century 21 North East
Buyer's Agent
Matthew Quinlan
Classified Realty Group
List Price
$399,900
Sold Price
$425,000
Premium/Discount to List
$25,100
6.28%
Views
100
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
$54,444
Avg. Annual Appreciation
5.31%
Original Mortgage
$361,250
Outstanding Balance
$352,141
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$127,303
Purchase Details
Listed on
Sep 9, 2021
Closed on
Oct 1, 2021
Sold by
Ormiston Lauren I and Ormiston Gregory
Bought by
Torgersen Mary P
Seller's Agent
Gayle Winters
Compass
Buyer's Agent
Cheryl King
MRM Associates
List Price
$349,900
Sold Price
$363,000
Premium/Discount to List
$13,100
3.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Purchase Details
Closed on
Mar 25, 2021
Sold by
Helinski Lauren I
Bought by
Helinski Lauren I and Ormiston Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 9, 2018
Closed on
Jun 26, 2018
Sold by
Schiffer Aaron and Schiffer Sharon
Bought by
Helinski Lauren I and Hernandez Blanca V
Seller's Agent
Melissa Abrahams
Leading Edge Real Estate
Buyer's Agent
Deb Forte
Century 21 North East
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$205,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 2, 2014
Closed on
May 21, 2014
Sold by
Flaherty Kerri M and Flaherty Brian T
Bought by
Schiffer Aaron
Seller's Agent
John Engelhardt
Armstrong Field Real Estate
Buyer's Agent
Sandra Naroian
Keller Williams Realty North Central
List Price
$189,900
Sold Price
$193,000
Premium/Discount to List
$3,100
1.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$173,700
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2007
Sold by
Jones Lindsay and Jones Tudur
Bought by
Guglietta Kerri M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,800
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 13, 2006
Sold by
Miller Alice T and Economo Christopher J
Bought by
Jones Tudur and Jones Lindsay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
6.15%
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 |
|---|---|---|---|
| Foster Kelly W | $425,000 | None Available | |
| Torgersen Mary P | $363,000 | None Available | |
| Helinski Lauren I | -- | None Available | |
| Helinski Lauren I | $245,000 | -- | |
| Schiffer Aaron | $193,000 | -- | |
| Guglietta Kerri M | $208,500 | -- | |
| Jones Tudur | $193,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Foster Kelly W | $361,250 | |
| Previous Owner | Helinski Lauren I | $201,500 | |
| Previous Owner | Helinski Lauren I | $205,000 | |
| Previous Owner | Jones Tudur | $173,700 | |
| Previous Owner | Jones Tudur | $166,800 | |
| Previous Owner | Jones Tudur | $154,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/10/2023 08/10/23 | Sold | $425,000 | +6.3% | $443 / Sq Ft | |
| 07/17/2023 07/17/23 | Pending | -- | -- | -- | |
| 07/10/2023 07/10/23 | For Sale | $399,900 | +10.2% | $417 / Sq Ft | |
| 10/06/2021 10/06/21 | Sold | $363,000 | +3.7% | $378 / Sq Ft | View Prior Sale |
| 09/14/2021 09/14/21 | Pending | -- | -- | -- | |
| 09/09/2021 09/09/21 | For Sale | $349,900 | +42.8% | $364 / Sq Ft | |
| 06/25/2018 06/25/18 | Sold | $245,000 | +2.5% | $255 / Sq Ft | View Prior Sale |
| 05/16/2018 05/16/18 | Pending | -- | -- | -- | |
| 05/08/2018 05/08/18 | For Sale | $239,000 | +23.8% | $249 / Sq Ft | |
| 05/21/2014 05/21/14 | Sold | $193,000 | 0.0% | $197 / Sq Ft | View Prior Sale |
| 04/28/2014 04/28/14 | Pending | -- | -- | -- | |
| 04/15/2014 04/15/14 | Off Market | $193,000 | -- | -- | |
| 04/10/2014 04/10/14 | For Sale | $189,900 | -1.6% | $194 / Sq Ft | |
| 04/07/2014 04/07/14 | Off Market | $193,000 | -- | -- | |
| 03/02/2014 03/02/14 | For Sale | $189,900 | -- | $194 / 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 | $4,456 | $405,500 | $0 | $405,500 |
| 2024 | $4,225 | $376,200 | $0 | $376,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Fermin
-
Cecilia Perez
Seller Co-Listing Agent in 2023
Cecilia Perez
Century 21 North East
(617) 594-7212
1 in this area
6 Total Sales
-
Matthew Quinlan
Buyer's Agent in 2023
Matthew Quinlan
Classified Realty Group
(978) 827-8268
1 in this area
149 Total Sales
-
Gayle Winters
Seller's Agent in 2021
Gayle Winters
Compass
(617) 699-0310
1 in this area
197 Total Sales
-
Cheryl King
Buyer's Agent in 2021
Cheryl King
MRM Associates
(978) 270-0553
1 in this area
81 Total Sales
-
Melissa Abrahams
Seller's Agent in 2018
Melissa Abrahams
Leading Edge Real Estate
(617) 938-9468
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73133906
APN: BEVE-000011-000199-000001
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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