NOT LISTED FOR SALE

Gateway Condominiums 50 Rantoul St Unit 509S Floor 5 Beverly, MA 01915

Downtown Beverly Neighborhood

Estimated Value: $504,000 - $528,063

2 Beds
2 Baths
1,377 Sq Ft
$376/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2026

Last sale price $525,000 $381 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,199 / mo

2 Days on Market

Highlights

  • Marina
  • Medical Services
  • No Units Above
  • Fitness Center
  • In Ground Pool
  • 3-minute walk to Odell Park

About This Home

As of March 2026

OPEN HOUSE CANCELLED. OFFER ACCEPTED. Exceptional penthouse loft in THE HOTTEST ZIP CODE, all at the Gateway. In the midst of Beverly's desired Arts & Cultural District and food options! Enjoy a luxury lifestyle in the heart of downtown Beverly. Convenient to the commuter rail. Seasonal peeks of the harbor! This two bedroom, two FULL bathroom home offers a primary with wood flooring, walk in closet, and en suite bathroom. There is a hall bathroom and additional bedroom. Lofted ceilings! The open concept living/dining is adorned by exposed brick and oversized windows. The kitchen has been remodeled and features quartz counters, stainless appliances and beautiful white cabinetry. The loft can serve as many options- office, exercise, guest space. There is great storage and a full washer/dryer too. Amenities include inground pool with poorhouse; renovated onsite gym; roof deck; upgraded common areas. There is an off street parking space

Last Agent to Sell the Property

Sarah MacBurnie

Ocean's Edge Real Estate Listed on: 02/11/2026

Ocean's Edge Real Estate

Last Buyer's Agent

Henry Pizzo

Aluxety

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,991

Year Built

  • Built in 1988 | Remodeled

Home Design

  • Entry on the 5th floor
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,377 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Entryway
  • Dining Area
  • Loft
  • Harbor Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • Off-Street Parking
  • Deeded Parking

Outdoor Features

  • In Ground Pool
  • Property is near a beach
  • Deck

Additional Features

  • No Units Above
  • Property is near public transit and schools
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number M:0004 B:0077 L:S509,4180086

Community Details

Overview

  • Association fees include water, sewer, insurance, maintenance structure, ground maintenance, snow removal, trash, reserve funds
  • 165 Units
  • Gateway Condominium Community
  • Near Conservation Area

Amenities

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

Recreation

  • Marina
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,991

Year Built

Built in 1988 | Remodeled

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Townhouse
  • Year Built: 1988
  • Entry Level: 5
  • Year Built Details: Approximate
  • MLSPIN_BEACHFRONT_FLAG: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Engineered Hardwood
  • Interior Amenities: Loft, Entry Hall
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Wall to Wall Carpet
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Engineered Hardwood
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Full
  • Bathroom 1 Level: First
  • Bathroom 2 Level: First
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub & Shower
  • Room Kitchen Level: First
  • Room Kitchen Features: Dining Area, Countertops - Stone/Granite/Solid, Remodeled, Stainless Steel Appliances
  • Laundry Features: Second Floor, In Unit, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Vaulted Ceiling(s), Flooring - Wall to Wall Carpet
  • Basement: N
  • Above Grade Finished Sq Ft: 1377
  • Living Area: 1377
  • Spa YN: No
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN8447
  • MAIN SO: AN8387

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Pool, Elevator(s), Fitness Center, Clubroom
  • Association Fee: 706
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No
  • 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:S509,4180086
  • Zoning: IG
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4991

Multi Family

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

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

Listed on
Feb 11, 2026
Closed on
Mar 25, 2026
Sold by
Bought by
Seller's Agent
Sarah MacBurnie
Ocean's Edge Real Estate
Buyer's Agent
Henry Pizzo
Aluxety
List Price
$519,900
Sold Price
$525,000
Premium/Discount to List
$5,100
0.98%
Views
23
Current Estimated Value
$518,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,734
Avg. Annual Appreciation
-5.03%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,400
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,720
Interest Rate
7.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1988
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
10.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$525,000 --
$360,000 None Available
$253,000 --
$75,900 --
$169,000 --
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 $270,000
Previous Owner $202,400
Previous Owner $60,720
Previous Owner $135,200
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
03/31/2026 03/31/26 Sold $525,000 +1.0% $381 / Sq Ft
02/13/2026 02/13/26 Pending -- -- --
02/11/2026 02/11/26 For Sale $519,900 -- $378 / 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 $4,991 $454,100 $0 $454,100
2024 $4,603 $409,900 $0 $409,900
2021 $4,403 $346,700 $0 $346,700
2020 $3,986 $324,100 $0 $324,100
2019 $3,929 $299,000 $0 $299,000
2018 $3,930 $289,000 $0 $289,000
2017 $3,984 $279,000 $0 $279,000
2016 $3,606 $250,600 $0 $250,600
2015 $3,508 $248,600 $0 $248,600
Source: Public Records

Agents Affiliated with this Home

  • Sarah MacBurnie

    Seller's Agent in 2026

    Sarah MacBurnie

    Ocean's Edge Real Estate

    (978) 337-9955

    6 in this area

    83 Total Sales

    Sarah MacBurnie
    Section Image
  • Henry Pizzo

    Buyer's Agent in 2026

    Henry Pizzo

    Aluxety

    (978) 317-6139

    9 in this area

    122 Total Sales

    Henry Pizzo
    Section Image
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About Gateway Condominiums

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73476368

MLS Property Information Network (MLS PIN)

APN: BEVE-000004-000077-S000509

Massachusetts Essex County Beverly 01915 Downtown Beverly

50 Rantoul St Unit 509S, Beverly, MA

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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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