NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,094,000

8 Beds
3 Baths
2,660 Sq Ft
$383/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $775,000 $291 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,169/month

6 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • 4-minute walk to Beverly Common
  • Wood Flooring

About This Home

As of December 2019

Located in a very desirable location near downtown Beverly, this property consists of two (2) three bedroom 1 bathroom apartments and top floor apartment is a two bedroom 1 bathroom apartment. The property went under extensive renovation over the past five years with new heating systems, electrical, plumbing fixtures, laundry ,kitchen and bathrooms. Roof is 1 month old and property has replacement windows done as well. Tenants pay for their own gas heat and electric , while landlord pays for water, sewer, trash and common electric . Newer paved driveway for 6 vehicles as well. This is a turn key investment in a strong location .

Last Agent to Sell the Property

Dan Pouladian

North Shore Realty Advisors Listed on: 10/08/2019

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,467

Year Built

  • Built in 1900

Lot Details

  • 6,011

Flooring

  • Wood
  • Vinyl

Additional Features

  • Deck
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,467

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Insc: 1988
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 281.58
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Main Lo: C99946
  • Main So: H11111
  • Estimated Sq Ft: 2660.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Wood, Aluminum
  • Exterior Features: Deck - Wood, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 432
  • Sewer: 471
  • Electric Features: 220 Volts, Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, T-Station

Lot Info

  • Assessments: 510900.00
  • Lot Size: 0.14
  • Page: 348
  • Zoning: R6
  • Lot Description: Paved Drive, Fenced/Enclosed

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 5100
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6749.00
  • Assessor Parcel Number: 4182444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 1997
Sold by
Conway John W and Conway Elizabeth A
Bought by
Marinelli Kenneth J
Current Estimated Value
$1,017,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,021
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
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
Marinelli Kenneth J $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marinelli Kenneth J $310,276
Closed Marinelli Kenneth J $185,021
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2019 12/12/19 Sold $775,000 +3.5% $291 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $749,000 +137.0% $282 / Sq Ft
02/28/2013 02/28/13 Sold $316,000 -11.0% $102 / Sq Ft View Prior Sale
01/29/2013 01/29/13 Pending -- -- --
12/13/2012 12/13/12 For Sale $355,000 -- $115 / 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 $9,467 $861,400 $435,200 $426,200
2024 $9,047 $805,600 $379,400 $426,200
2023 $8,757 $777,700 $351,500 $426,200
2022 $8,436 $693,200 $277,100 $416,100
2021 $8,533 $671,900 $264,100 $407,800
2020 $6,914 $538,900 $239,900 $299,000
2019 $6,749 $510,900 $219,500 $291,400
2018 $6,280 $461,800 $213,900 $247,900
2017 $5,693 $398,700 $186,000 $212,700
2016 $4,993 $347,000 $154,400 $192,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72577557

MLS Property Information Network (MLS PIN)

APN: BEVE M:0020 B:0363 L: