$285,000
SOLD MAY 13, 2015

Gateway Condominiums 50 Rantoul St Unit 502S Beverly, MA 01915

Downtown Beverly Neighborhood
2 Beds
2 Baths
1,779 Sq Ft
1880 Built

Recently Sold

$160 Per Sq Ft

2% Above List Price

24 Days on Market

About This Home

As of July 2025

Come to the heart of "the Most Livable City In Massachusetts", according to Boston Magazine. Dramatic Lofted Penthouse Condo at the Gateway Codominium. This unit has beautiful exposed brick and soaring ceilings, a newer designer kitchen and not to mention a wonderful loft which could be used as guest space, or home office, or cool den. The unit is in the top corner and has panoramic street scape views of Rantoul Street and beyond. You'll be able to stroll to the best restaurants, the waterfront, beaches, and the commuter rail. Make your home in The Garden City. Don't forget to take a dip in the in ground pool!

Last Agent to Sell the Property

Ted Richard

J. Barrett & Company Listed on: 03/24/2015

Last Buyer's Agent

Sarah MacBurnie Liporto

Ocean's Edge Real Estate

Ocean's Edge Real Estate

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,973

Year Built

1880

Lot Details

0

Listing Details

  • Unit Level: 5
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1880

Interior Features

  • Has Basement: No
  • Primary Bathroom: Yes
  • Number of Rooms: 4
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood
  • Insulation: Full
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Kitchen: First Floor
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Dining Room: First Floor

Exterior Features

  • Construction: Brick, Stone/Concrete
  • Exterior: Brick
  • Exterior Unit Features: Deck

Garage/Parking

  • Parking: Deeded
  • Parking Spaces: 1

Utilities

  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Electric
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Condominium Name: Gateway Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Exercise Room, Clubroom, Refuse Removal
  • Association Pool: Yes
  • No Units: 165
  • Unit Building: 502

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
-4.25%
Original Mortgage
$230,000
Outstanding Balance
$229,614
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$294,896

Purchase Details

Listed on
Mar 24, 2015
Closed on
May 13, 2015
Sold by
Faherty Kathleen A
Bought by
Gagnon Timothy E and Gagnon Margaret C
Seller's Agent
Ted Richard
J. Barrett & Company
Buyer's Agent
Sarah MacBurnie Liporto
Ocean's Edge Real Estate
List Price
$279,900
Sold Price
$285,000
Premium/Discount to List
$5,100
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$270,750
Interest Rate
3.69%
Mortgage Type
New Conventional
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
Condominium Deed $530,000 --
Condominium Deed $530,000 --
Quit Claim Deed $285,000 --
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

  • Sarah MacBurnie Liporto

    Seller's Agent in 2025

    Sarah MacBurnie Liporto

    Ocean's Edge Real Estate

    (978) 337-9955

    5 in this area

    76 Total Sales

    Sarah MacBurnie Liporto
    Section Image
  • Jack Brown

    Buyer's Agent in 2025

    Jack Brown

    RE/MAX

    (508) 284-5098

    2 in this area

    158 Total Sales

    Jack Brown
    Section Image
  • Ted Richard

    Seller's Agent in 2015

    Ted Richard

    J. Barrett & Company

    (978) 921-1117

    4 in this area

    60 Total Sales

    Ted Richard
    Section Image
See All Agents

About Gateway Condominiums

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71805585

MLS Property Information Network (MLS PIN)

APN: BEVE-000004-000077-S000502

Massachusetts Essex County Beverly 01915 Downtown Beverly

50 Rantoul St Unit 502S, Beverly, MA

This home is located at 50 Rantoul St Unit 502S, Beverly, MA 01915 and is currently priced at $285,000, approximately $160 per square foot. This property was built in 1880. 50 Rantoul St Unit 502S 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.

MLS Property Information Network (MLS PIN) 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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