Wendy Willis
Keller Williams Realty Evolution
(978) 997-7748
112 Total Sales
2 in Downtown Beverly
$510K - $973K Price Range
5 Knowlton St Beverly, MA 01915
Downtown Beverly Neighborhood
6
Beds
6
Baths
4,325
Sq Ft
10,019
Sq Ft Lot
About This Home
As of October 2017This fantastic downtown property has so much to offer! In the heart of Beverly located off of Cabot Street and near the Montserrat College of Art is this 6 one bedroom unit property with land that could be used for expansion and additional income potential. It's location makes this property an extremely rare opportunity for investors who would like to own income generating real estate in Beverly. Diligently and well maintained with hardwood floors. Ample off street parking, common furnace provides heat to all units which is included in the rent. Separately metered gas and electric for each unit. Expenses noted below are approximate costs. The 9,818 sq. ft. parcel of land is located in the Central Business District for zoning and may possibly be sub-divided depending on the intended use. Group showings to be on Sunday, August 13th from 11am-1:00pm and Monday, August 14th from 11:00am-1:00pm. **All offers (if any) to be submitted by Tuesday, August 15th at 5:00pm**
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Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
10,019 Sq Ft Lot
Listing Details
- Lot Description: Paved Drive, Additional Land Avail., Shared Drive, City View(s)
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Round: Yes
- Insc: 4000
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 13
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 15
- Amenities: Public Transportation, Shopping, Park, Laundromat, House of Worship, T-Station, Other (See Remarks)
- Electric: Individually Metered
- Energy: Storm Windows
- Flooring: Wood, Vinyl
- Basement: Full, Walk Out, Interior Access, Dirt Floor, Concrete Floor
- Full Bathrooms: 6
- Total Levels: 13
- Main Lo: C95243
- Main So: C95243
- Estimated Sq Ft: 4325.00
Exterior Features
- Frontage: 106.00
- Construction: Frame
- Exterior: Aluminum
- Exterior Features: Gutters, Screens
- Foundation: Granite
- Beach: Ocean
- Beach Ownership: Public
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 6
Utilities
- Heat Zones: 6
- Hot Water: Oil
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 650
Condo/Co-op/Association
- Total Units: 6
Lot Info
- Zoning: CC
- Acre: 0.23
- Lot Size: 9818.00
Multi Family
- APOD Available: Yes
- Expenses Year End: 12/16
- Heat Units: 1
- Total Bedrooms: 6
- Total Floors: 9
- Total Full Baths: 6
- Total Levels: 3
- Total Rms: 18
- Total Rent_1: 5700
- Multi Family Type: 5-9 Family
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 9, 2018
Sold by
Bought by
Purchase Details
Listed on
Aug 2, 2017
Closed on
Oct 23, 2017
Sold by
Bought by
Seller's Agent
Paula Polo-Filias
J. Barrett & Company
Buyer's Agent
Paula Polo-Filias
J. Barrett & Company
List Price
$1,100,000
Sold Price
$1,220,000
Premium/Discount to List
$120,000
10.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 1, 1966
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Beverly, MA
-
Wendy Willis
-
Michael Cannuscio
Michael Cannuscio
Responds QuicklyThe Agency Marblehead
(781) 722-7167
21 Total Sales
1 in Downtown Beverly
$1,300,000 Price
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
105 Total Sales
1 in Downtown Beverly
$630,000 Price
-
Ana Picanco Linnehan
Ana Picanco Linnehan
eXp Realty LLC - Corporate Office
(351) 215-0595
21 Total Sales
1 in Downtown Beverly
$245,000 Price
-
George Needham
George Needham
GLN & Company, LLC
(978) 736-2304
25 Total Sales
1 in Downtown Beverly
$619,000 Price
-
Margaret Belmonte
Margaret Belmonte
Leading Edge Real Estate
(351) 208-9854
40 Total Sales
3 in Downtown Beverly
$380K - $1M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,050,000 | -- | ||
| $1,220,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $960,000 | ||
| Previous Owner | $95,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2017 10/23/17 | Sold | $1,220,000 | +10.9% | $282 / Sq Ft |
| 08/16/2017 08/16/17 | Pending | -- | -- | -- |
| 08/02/2017 08/02/17 | For Sale | $1,100,000 | -- | $254 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,339 | $1,213,700 | $366,300 | $847,400 |
| 2024 | $12,489 | $1,112,100 | $299,900 | $812,200 |
| 2023 | $12,180 | $1,081,700 | $269,500 | $812,200 |
| 2022 | $11,401 | $936,800 | $212,600 | $724,200 |
| 2021 | $11,480 | $903,900 | $203,100 | $700,800 |
| 2020 | $12,169 | $892,500 | $191,700 | $700,800 |
| 2019 | $11,127 | $842,300 | $170,800 | $671,500 |
| 2018 | $9,304 | $684,100 | $167,000 | $517,100 |
| 2017 | $7,434 | $520,600 | $123,400 | $397,200 |
| 2016 | $7,107 | $493,900 | $123,400 | $370,500 |
| 2015 | $6,969 | $493,900 | $123,400 | $370,500 |
Source: Public Records
Agents Affiliated with this Home
-
Paula Polo-Filias
Seller's Agent in 2017
Paula Polo-Filias
J. Barrett & Company
(978) 479-0157
3 in this area
105 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72207391
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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