$530,000
SOLD JUL 9, 2025
2 Beds
1.5 Baths
1,479 Sq Ft
$695/mo HOA Fee

Recently Sold

$358 Per Sq Ft

6% Above List Price

6 Days on Market

Highlights

  • Marina
  • Fitness Center
  • In Ground Pool
  • Golf Course Community
  • Medical Services
  • 3-minute walk to Odell Park

About This Home

As of July 2025

One of the largest units in the complex, this top-floor LOFT-style Penthouse at The Gateway in vibrant Downtown Beverly offers both space and style. Professionally managed community that has seen major improvements: completely redesigned /upgraded interior common areas, Updated fire safety systems/sprinkler pumps, elevators, newly equipped fitness center, refreshed roof deck (South), in-ground pool updates. New windows in this unit for energy efficiency & light. Soaring 15ft ceilings, exposed brick, oversized windows. Two bedrooms with great closet space & 1 1⁄2 baths. The versatile loft is a perfect office, media, or guest room. Upgraded granite kitchen with premium cabinetry & full appliance suite, updated bathrooms, in-unit laundry and assigned parking.Minutes to the commuter rail, parks, restaurants, and the waterfront! Open Houses: Friday, 6/13 4–5:30 PM Saturday, 6/14 from 10:30 AM–12 Noon Offers due: Monday, 6/16 by 2:00 PM (please allow 24 hours for response)

Last Agent to Sell the Property

Sarah MacBurnie Liporto

Ocean's Edge Real Estate Listed on: 06/10/2025

Ocean's Edge Real Estate

Last Buyer's Agent

Jack Brown

RE/MAX Beacon

RE/MAX Beacon

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1988

Lot Details

  • Near Conservation Area
  • No Units Above
  • Landscaped Professionally

HOA Fees

  • $695 Monthly HOA Fees

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,479 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Loft
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:0004 B:0077 L:S502,4180076

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

  • Medical Services
  • Common Area
  • Shops
  • Clubhouse
  • Elevator

Recreation

  • Marina
  • Golf Course Community
  • Fitness Center
  • Community Pool
  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,973

Year Built

Built in 1988

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse, Mid-Rise, Loft
  • Year Built: 1988
  • Entry Level: 5
  • Year Built Details: Approximate,Renovated Since
  • Year Round: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
  • Interior Amenities: Loft
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Closet, Flooring - Wall to Wall Carpet
  • Room Master Bedroom Level: First
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Half
  • Room Dining Room Features: Flooring - Wood
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Wood, Countertops - Stone/Granite/Solid
  • Laundry Features: Second Floor, Electric Dryer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wood
  • Basement: N
  • Above Grade Finished Sq Ft: 1479
  • Living Area: 1479
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN8447
  • LIST PRICE PER Sq Ft: 338
  • PRICE PER Sq Ft: 358.35
  • MAIN SO: AN8171

Exterior Features

  • Exterior Features: Deck - Roof + Access Rights, Professional Landscaping
  • Common Walls: No One Above, Corner
  • Construction Materials: Brick
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof + Access Rights
  • Pool Features: Association, In Ground
  • Waterfront Features: 1/2 to 1 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Assigned, Guest
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Central, Electric
  • 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), Fitness Center, Clubroom
  • Association Fee: 695
  • Association Fee Frequency: Monthly
  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • UNIT BUILDING: 502
  • MANAGEMENT: Professional - Off Site

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:S502,4180076
  • Zoning: IG
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • PAGE: 349
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4973
  • Tax Book Number: 34052

Multi Family

  • Number Of Units Total: 165
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2025
Closed on
Jul 9, 2025
Sold by
Gagnon Margaret C and Gagnon Timothy E
Bought by
Kurihara-Quinn Lt and Kurihara
Seller's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
Buyer's Agent
Jack Brown
RE/MAX Beacon
List Price
$499,900
Sold Price
$530,000
Premium/Discount to List
$30,100
6.02%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.34%
Original Mortgage
$230,000
Outstanding Balance
$229,807
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$271,817
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 Type Sale Price Title Company
Condominium Deed $530,000 --
Condominium Deed $530,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Closed $230,000 New Conventional
Previous Owner $270,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $530,000 +6.0% $358 / Sq Ft
06/16/2025 06/16/25 Pending -- -- --
06/10/2025 06/10/25 For Sale $499,900 +75.4% $338 / Sq Ft
05/13/2015 05/13/15 Sold $285,000 0.0% $160 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
03/31/2015 03/31/15 Off Market $285,000 -- --
03/24/2015 03/24/15 For Sale $279,900 -- $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 $4,973 $452,500 $0 $452,500
2024 $4,704 $418,900 $0 $418,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73388765

MLS Property Information Network (MLS PIN)

APN: BEVE-000004-000077-S000502