NOT LISTED FOR SALE

Estimated Value: $269,000 - $296,539

1 Bed
1 Bath
654 Sq Ft
$175/mo HOA Fee

Last Sold July 29, 2022

Last sale price $257,000 $393 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,998/month

10 Days on Market

Highlights

  • Marina
  • Water Access
  • No Units Above
  • Golf Course Community
  • Medical Services
  • 3-minute walk to Holcroft Park

About This Home

As of July 2022

Calling all savvy Buyers! Don’t miss your chance to own a downtown condo in the popular North Shore City of Beverly! This location has everything you need within seconds, the train to Boston, Rockport, or Newburyport, tons of shopping, amazing restaurants, multiple beaches, and commuter routes! With 9 ft ceilings and large windows the sun drenches this top floor condo making the shiny hardwoods sparkle. Completely turnkey, this unit has updated utilities, a pretty, eat-in kitchen with wainscoting, an updated bath, and a good size living room. All rooms have ceilings fans to help stay cool, there’s efficient gas heat, and the building trim is being freshly painted. Fabulous amenities include parking for 1 vehicle, bonus locking storage in the basement, on site laundry for ease, a shared balcony with awesome city views, low condo fees, and a PET FRIENDLY association! Why rent when you can own? This is a smart investment!

Last Listed By

Henry Pizzo

Aluxety Listed on: 06/10/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1900

Lot Details

  • No Units Above

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Garden Home
  • Frame Construction

Interior Spaces

  • 654 Sq Ft Home
  • 1-Story Property
  • Wainscoting
  • Ceiling Fan
  • Dining Area
  • City Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom located on third floor
  • 1 Full Bathroom

Basement

  • Exterior Basement Entry
  • Laundry in Basement

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Covered patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Beverly Middle School
  • Beverly High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0030 B:0171 L:0006,4585745

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, snow removal
  • 6 Units
  • 401 Cabot Street Condominiums Community

Amenities

  • Medical Services
  • Shops
  • Coin Laundry
  • Community Storage Space

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,438

Year Built

Built in 1900

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl, Hardwood
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Microwave,Refrigerator, Gas Water Heater, Utility Connections for Electric Oven
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Third
  • Room Master Bedroom Area: 115.5625
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Wainscoting
  • Bathroom 1 Level: Third
  • Room Kitchen Level: Third
  • Room Kitchen Features: Ceiling Fan(s), Flooring - Hardwood, Dining Area, Exterior Access
  • Room Kitchen Area: 125.416666
  • Laundry Features: In Basement, Common Area, In Building
  • Room Living Room Level: Third
  • Room Living Room Area: 150.5
  • Room Living Room Features: Ceiling Fan(s), Closet, Flooring - Hardwood, Exterior Access
  • Living Area: 654
  • Stories Total: 1
  • MAIN LO: AN1532
  • LIST PRICE PER Sq Ft: 396.02
  • PRICE PER Sq Ft: 392.97
  • MAIN SO: AN6181

Exterior Features

  • Common Walls: No One Above
  • Construction Materials: Frame
  • Patio And Porch Features: Covered
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Harbor, Ocean, Direct Access, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Common, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Storage
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • UNIT BUILDING: 6
  • MANAGEMENT: Owner Association
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal

Lot Info

  • Parcel Number: M:0030 B:0171 L:0006,4585745
  • Zoning: CN
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 90

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2438
  • Tax Book Number: 39105

Multi Family

  • Number Of Units Total: 6
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 5

MLS Schools

  • High School: Beverly
  • Middle Or Junior School: Beverly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Jul 29, 2022
Sold by
Mcglynn Brian
Bought by
Oakley Sarah L
Seller's Agent
Henry Pizzo
Aluxety
Buyer's Agent
Ray Suppa
Coldwell Banker Realty - Cambridge
List Price
$259,000
Sold Price
$257,000
Premium/Discount to List
-$2,000
-0.77%
Total Days on Market
10
Current Estimated Value
$285,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,885
Avg. Annual Appreciation
3.92%
Original Mortgage
$192,750
Outstanding Balance
$186,308
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$99,577

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 26, 2020
Sold by
Oliphant Cheryl A
Bought by
Mcglynn Brian
Seller's Agent
Jennifer Ward
North Shore Realty
Buyer's Agent
Henry Pizzo
Aluxety
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$213,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2009
Sold by
Roccio Michelle M and Gonyeo Michelle
Bought by
Oliphant Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,955
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2005
Sold by
Weldon Barry A
Bought by
Gonyeo Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,920
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

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
Oakley Sarah L $257,000 None Available
Mcglynn Brian $225,000 None Available
Oliphant Cheryl A $141,500 --
Gonyeo Michelle $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oakley Sarah L $192,750
Closed Oakley Sarah L $38,550
Previous Owner Mcglynn Brian $213,750
Previous Owner Gonyeo Michelle $108,955
Previous Owner Gonyeo Michelle $28,300
Previous Owner Gonyeo Michelle $20,000
Previous Owner Gonyeo Michelle $127,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $257,000 -0.8% $393 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $259,000 +15.1% $396 / Sq Ft
10/27/2020 10/27/20 Sold $225,000 0.0% $344 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $225,000 -- $344 / 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 $2,755 $250,700 $0 $250,700
2024 $2,679 $238,600 $0 $238,600
2023 $2,371 $210,600 $0 $210,600
2022 $2,438 $200,300 $0 $200,300
2021 $2,206 $173,700 $0 $173,700
2020 $2,007 $156,400 $0 $156,400
2019 $1,938 $146,700 $0 $146,700
2018 $1,833 $134,800 $0 $134,800
2017 $1,849 $129,500 $0 $129,500
2016 $1,833 $127,400 $0 $127,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72995829

MLS Property Information Network (MLS PIN)

APN: BEVE-000030-000171-000006