NOT LISTED FOR SALE

496 Cabot St Beverly, MA 01915

North Beverly Neighborhood

Estimated Value: $1,586,796

6 Beds
4 Baths
3,194 Sq Ft
$497/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $1,050,000 $329 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,688/month

4 Days on Market

About This Home

As of January 2020

This owner-occupied property has four units--three 2-bedroom apartments plus additional income from an established sub-shop with long term lease. All apartments have been updated and have SS appliances, granite and new flooring. Sub-shop completely rebuilt with all new fixtures in 2018. Off-street parking in front for the shop and additional in the back for tenants plus 1-1/2 bay garage for owner use or rental. Fenced yard with deck and above-ground pool w/cabana. This turnkey investment is updated to code, with the apartments delivered empty for new owner to rent at market rates. Electricity for common areas is supplied by solar and building exterior is low-maintenance vinyl siding and composite decking, keeping owner costs low. Interior built-in fire suppression system. Potential 1031 exchange or condo conversion.

Last Agent to Sell the Property

Dennis Marks

Keller Williams Realty Evolution Listed on: 11/14/2019

Keller Williams Realty Evolution

Last Buyer's Agent

John Farrell

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access

Parking

  • 1 Car Garage

Pool

  • Cabana
  • Above Ground Pool

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0042 B:0020 L:

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 344.40
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Ife Common: Wall to Wall Carpet
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 7
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 13
  • Basement: Y
  • Main Lo: C95236
  • Main So: K95001
  • Estimated Sq Ft: 3194.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Pool - Above Ground, Cabana, Varies per Unit
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 10
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Private School, Public School

Lot Info

  • Assessments: 673600.00
  • Acre: 0.33
  • Lot Size: 14350.00
  • Page: 89
  • Parcel Number: M:0042 B:0020 L:
  • Zoning: CN
  • Lot Description: Corner, Paved Drive

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rms: 12
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 8898.25
  • Assessor Parcel Number: 4187082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2016
Sold by
Felizardo Alexandre M
Bought by
Felizardo Properties L
Current Estimated Value
$1,586,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Outstanding Balance
$54,218
Interest Rate
3.68%
Mortgage Type
Closed End Mortgage
Estimated Equity
$1,514,611

Purchase Details

Closed on
Apr 25, 2016
Sold by
Felizardo Properties L
Bought by
Felizardo Alexandre M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Outstanding Balance
$54,218
Interest Rate
3.68%
Mortgage Type
Closed End Mortgage
Estimated Equity
$1,514,611

Purchase Details

Closed on
May 8, 2013
Sold by
Felizardo Alexandre M
Bought by
Felizardo Props Llc

Purchase Details

Closed on
Mar 2, 2012
Sold by
Tilas Angelo
Bought by
Tilas Angelo and Tilas Linda
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 Buyer Sale Price Title Company
Felizardo Properties L -- --
Felizardo Alexandre M -- --
Felizardo Props Llc -- --
Tilas Angelo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Felizardo Alexandre M $74,000
Previous Owner Tilas Angelo $399,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $1,050,000 -4.5% $329 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $1,100,000 +120.0% $344 / Sq Ft
11/15/2012 11/15/12 Sold $499,900 0.0% $157 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $499,900 -- $157 / 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 -- $1,119,900 $546,700 $573,200
2024 -- $1,076,400 $520,700 $555,700
2023 $0 $1,076,400 $520,700 $555,700
2022 $0 $1,042,800 $494,600 $548,200
2021 $0 $995,200 $468,600 $526,600
2020 $0 $756,800 $390,500 $366,300
2019 $0 $673,600 $390,500 $283,100
2018 $0 $585,700 $312,400 $273,300
2017 $0 $528,900 $247,300 $281,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dennis Marks

    Keller Williams Realty Evolution

    (978) 861-4295

    99 Total Sales

    Section Image
  • John Farrell

    Buyer's Agent in 2020

    John Farrell

    Coldwell Banker Realty - Beverly

    (978) 578-5203

    7 in this area

    133 Total Sales

    Section Image
  • Pamela Spiros

    Seller's Agent in 2012

    Pamela Spiros

    Coldwell Banker Realty - Beverly

    (978) 808-6022

    2 in this area

    109 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72592401

MLS Property Information Network (MLS PIN)

APN: BEVE M:0030 B:0181 L:

Massachusetts Essex County Beverly 01915 North Beverly

496 Cabot St, Beverly, MA

This home is located at 496 Cabot St, Beverly, MA 01915 since 14 November 2019 and is currently estimated at $1,586,796, approximately $496 per square foot. This property was built in 1900. 496 Cabot St is a home located in Essex County with nearby schools including Beverly High School, Shore Country Day School, and The Saints Academy.

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.

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