$344,000
SOLD APR 24, 2018
12 Beds
3 Baths
4,722 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$73 Per Sq Ft

15% Above List Price

6 Days on Market

About This Home

As of June 2022

Great cash flow opportunity! 30%+ return potential for investors! This huge 3 family features 4 bedroom units with in unit laundry and large living and dining rooms. Recent upgrades have been done in 2 of the units. Unit 1 is a vacant. Tenants in units 2 and 3 are both clean and current with rent. Recent electrical upgrades. All utilities are separated. Close proximity to major highway, public transportation, hospitals and restaurants/bars on Water and Shrewsbury St. Come take advantage of the great cash flow opportunity for investors or owner-occupied while renting out the other units. Open House Saturday 1/27 1-3pm

Last Agent to Sell the Property

Mark Pitzi

Coldwell Banker Realty - Beverly Listed on: 01/24/2018

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Eric Callahan

Prospective Realty INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,647

Year Built

  • Built in 1890

Additional Features

  • Window Screens
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,647

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 2258
  • Year Built Description: Actual
  • List Price Per Sq Ft: 63.32
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Yes, Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 12
  • Total Brs: 12
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 21
  • Basement: Y
  • Basement Features: Full
  • Main Lo: K95001
  • Main So: AN2243
  • Estimated Sq Ft: 4722.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Screens
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 533
  • Sewer: 1413
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Highway Access, Private School

Lot Info

  • Assessments: 206400.00
  • Acre: 0.09
  • Lot Size: 3806.00
  • Page: 151
  • Zoning: RG-5
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rms: 21
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3967.01
  • Assessor Parcel Number: 1765123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Bissereth Lionel and Bissereth Marie
Bought by
Ritzlio Investments Llc
Current Estimated Value
$824,572

Purchase Details

Listed on
Mar 13, 2019
Closed on
May 9, 2019
Sold by
Kaur Harjit and Pervezheera Khalid
Bought by
Mclaren Investments Llc
Seller's Agent
Doug Tammelin
Coldwell Banker Realty - Leominster
Buyer's Agent
Doug Tammelin
Coldwell Banker Realty - Leominster
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$280,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2018
Closed on
Apr 24, 2018
Sold by
Rusinak Carrier Llc
Bought by
Kaur Harjit and Pervezheera Khalid
Seller's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
Buyer's Agent
Eric Callahan
Prospective Realty INC
List Price
$299,000
Sold Price
$344,000
Premium/Discount to List
$45,000
15.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%
Original Mortgage
$254,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2016
Closed on
Jun 5, 2017
Sold by
Carrier Colby and Rusinak Matthew
Bought by
Rusinak Carrier Llc
Seller's Agent
Kevin Curry
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.61%
Original Mortgage
$212,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2016
Closed on
May 11, 2017
Sold by
Christmas Oaks Dev Mgm
Bought by
Carrier Colby and Rusinak Matthew
Seller's Agent
Kevin Curry
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Mark Pitzi
Coldwell Banker Realty - Beverly
List Price
$279,000
Sold Price
$265,000
Premium/Discount to List
-$14,000
-5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Balian Sarkis
Bought by
Christmas Oaks Dev & Mgm

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2009
Sold by
Egwuatu Zon E and Egwuatu Ifeyinwa
Bought by
Balian Sarkis

Purchase Details

Closed on
Sep 16, 2005
Sold by
Abdulmassih Fadia and Khattar Tanos
Bought by
Egwuatu Ifeyinwa and Egwuatu Zon E

Purchase Details

Closed on
Apr 22, 1991
Sold by
Abdulmassih Malek
Bought by
Khattar Tanos and Fadia Abdulmassih

Purchase Details

Closed on
Jun 16, 1989
Sold by
Diaz Jose
Bought by
Ruiz Wilfredo
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Not Resolvable $400,000 --
Not Resolvable $344,000 --
Deed -- --
Not Resolvable $265,000 --
Deed $160,000 --
Deed $100,000 --
Deed $335,000 --
Deed $135,000 --
Deed $84,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Previous Owner $254,250 New Conventional
Previous Owner $212,000 New Conventional
Previous Owner $790,000 No Value Available
Previous Owner $220,000 No Value Available
Previous Owner $160,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $650,000 0.0% $138 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $649,900 +62.5% $138 / Sq Ft
05/10/2019 05/10/19 Sold $400,000 -4.7% $85 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $419,900 -6.5% $89 / Sq Ft
03/13/2019 03/13/19 For Sale $449,000 +30.5% $95 / Sq Ft
04/24/2018 04/24/18 Sold $344,000 +15.1% $73 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $299,000 +12.8% $63 / Sq Ft
05/11/2017 05/11/17 Sold $265,000 -5.0% $56 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $279,000 0.0% $59 / Sq Ft
02/17/2017 02/17/17 Pending -- -- --
01/19/2017 01/19/17 Price Changed $279,000 -6.7% $59 / Sq Ft
10/24/2016 10/24/16 For Sale $299,000 -- $63 / 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 $9,647 $731,400 $52,700 $678,700
2024 $8,785 $638,900 $52,700 $586,200
2023 $8,405 $586,100 $42,300 $543,800
2022 $7,318 $481,100 $33,800 $447,300
2021 $6,600 $405,400 $27,100 $378,300
2020 $5,095 $299,700 $27,200 $272,500
2019 $5,166 $287,000 $26,800 $260,200
2018 $5,011 $265,000 $26,800 $238,200
2017 $3,967 $206,400 $26,800 $179,600
2016 $3,893 $188,900 $22,300 $166,600
2015 $3,791 $188,900 $22,300 $166,600
2014 $3,691 $188,900 $22,300 $166,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72274052

MLS Property Information Network (MLS PIN)

APN: WORC-000004-000026-000016