$393,000
SOLD OCT 29, 2024

Gateway Condominiums 50 Rantoul St Unit 109S Beverly, MA 01915

Downtown Beverly Neighborhood
2 Beds
2 Baths
900 Sq Ft
$405/mo HOA Fee

Recently Sold

$437 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • Marina
  • Deck
  • Solid Surface Countertops
  • Open Floorplan
  • Property is near public transit
  • 3-minute walk to Odell Park

About This Home

As of October 2024

Welcome to this beautiful loft in a well-established converted mill condo complex in downtown Beverly. This unit features two bedrooms, two bathrooms, high ceilings with wood accents, exposed brick, and large windows that add charm and character. It's in the south-facing building with easy access to deeded parking. The loft has upgraded flooring, a main bath with a custom tile shower and walk-in closet, and a full-size in-unit washer and dryer. The open living and dining area flows into a kitchen with granite counters and upgraded appliances. It's super convenient to the new MBTA parking garage and Beverly Depot commuter rail station. Enjoy all that downtown Beverly offers - the iconic Cabot Theatre, restaurants, shops, and cultural and arts destinations. Think summer - a ROOF DECK!!! POOL, gym, and central air conditioning. Perfect for entertaining family and friends. Don't miss out on this beautiful home!

Last Agent to Sell the Property

William & Veroni Real Estate Team

eXp Realty Listed on: 08/14/2024

eXp Realty

Last Buyer's Agent

Casale-Skinner Realty Group

Casale-Skinner Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,793

Year Built

  • Built in 1988

HOA Fees

  • $405 Monthly HOA Fees

Home Design

  • Garden Home
  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Entrance Foyer
  • Intercom

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Ayers/Ryal Side Elementary School
  • Briscoe Middle School
  • Beverly High School

Additional Features

  • Level Entry For Accessibility
  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:0004 B:0077 L:S109,4180066

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 165 Units
  • Mid-Rise Condominium
  • Gateway Condominium Community

Amenities

  • Common Area
  • Shops
  • Elevator

Recreation

  • Marina
  • Community Pool
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,793

Year Built

Built in 1988

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Garden, Mid-Rise, Loft
  • Year Built: 1988
  • Entry Level: 1
  • Year Built Details: Approximate,Renovated Since
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile, Carpet, Wood Laminate, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Closet, Entrance Foyer
  • Entry Location: Unit Placement(Street)
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
  • Room Bedroom2 Area: 108
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: Yes
  • Room Dining Room Features: Flooring - Laminate, Open Floorplan
  • Room Dining Room Level: First
  • Room Dining Room Area: 81
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Laundry Features: First Floor, In Unit, Electric Dryer Hookup
  • Room Living Room Level: First
  • Room Living Room Area: 182
  • Room Living Room Features: Ceiling Fan(s), Flooring - Laminate, Open Floorplan
  • Basement: N
  • Accessibility Features: Accessible Entrance
  • Living Area: 900
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 433.33
  • PRICE PER Sq Ft: 436.67
  • MAIN SO: AN5739

Exterior Features

  • Exterior Features: Deck - Roof + Access Rights
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof + Access Rights
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Elevator(s)
  • Association Fee: 404.55
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Pool, Walk/Jog Trails, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 109
  • MANAGEMENT: Professional - On Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds

Lot Info

  • Parcel Number: M:0004 B:0077 L:S109,4180066
  • Zoning: IG
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 449
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3793
  • Tax Book Number: 34129

Multi Family

  • Number Of Units Total: 165
  • Basement Included Sq Ft: No

MLS Schools

  • High School: Beverly
  • Elementary School: Ayers/Ryal Side
  • Middle Or Junior School: Briscoe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 29, 2024
Sold by
Desantis Christina
Bought by
Crispo Lynne E and Mcdonough Ian M
Seller's Agent
William & Veroni Real Estate Team
eXp Realty
Buyer's Agent
Casale-Skinner Realty Group
Casale-Skinner Realty
List Price
$400,000
Sold Price
$393,000
Premium/Discount to List
-$7,000
-1.75%
Views
93
Current Estimated Value
$402,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,703
Avg. Annual Appreciation
2.61%
Original Mortgage
$314,400
Outstanding Balance
$312,878
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$86,646
Source: Public Records

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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
Condominium Deed $393,000 None Available
Condominium Deed $393,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,400 Purchase Money Mortgage
Closed $314,400 Purchase Money Mortgage
Previous Owner $216,015 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $393,000 +0.8% $437 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/28/2024 08/28/24 Price Changed $390,000 -2.5% $433 / Sq Ft
08/14/2024 08/14/24 For Sale $400,000 +81.8% $444 / Sq Ft
06/12/2015 06/12/15 Sold $220,000 0.0% $244 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
03/23/2015 03/23/15 Off Market $220,000 -- --
03/03/2015 03/03/15 For Sale $229,900 -- $255 / 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 $3,904 $355,200 $0 $355,200
2024 $3,793 $337,800 $0 $337,800
Source: Public Records

Agents Affiliated with this Home

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About Gateway Condominiums

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73277858

MLS Property Information Network (MLS PIN)

APN: BEVE-000004-000077-S000109

Massachusetts Essex County Beverly 01915 Downtown Beverly

50 Rantoul St Unit 109S, Beverly, MA

This home is located at 50 Rantoul St Unit 109S, Beverly, MA 01915 and is currently priced at $393,000, approximately $436 per square foot. This property was built in 1988. 50 Rantoul St Unit 109S is a home located in Essex County with nearby schools including Beverly High School, Mrs Alexander's School, and Shore Country Day School.

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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