Seller's Agent in 2021
Ann Long
Coldwell Banker Realty - Beverly
(978) 852-1436
2 in this area
34 Total Sales
559 Cabot St Beverly, MA 01915
North Beverly Neighborhood
5
Beds
5
Baths
3,287
Sq Ft
0.31
Acre Lot
Highlights
- Medical Services
- Property is near golf course, public transit, and schools
- Shops
- Waterfront
- Wood Flooring
- 2 Car Garage
About This Home
As of September 2021Excellent opportunity for owner occupied or investor. Well cared for 4 Family located in North Beverly. Exceptional parking includes 2 car garage plus numerous paved spaces. Owned by the same family for 70 years. 2 bedrooms on the 1st floor. 2nd and 3rd floors feature 1 bedroom units that are currently vacant. Rents have been below market. Don't miss out on this fantastic opportunity! Showings begin at Open Houses Saturday 7/17 10:30AM-12:00PM and Sunday 7/18 12:30PM-2:00PM by appointment. Please call/text/email to schedule a time.** Masks required in 1st floor** Offers due Tuesday 7/20 by 5:00PM. Include Preapproval/Proof of Funds, copy of 1st deposit and lead form. Allow 48 hours for response.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,611
Year Built
- Built in 1930
Lot Details
- 13,504 Sq Ft Lot
- Waterfront
- Level Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 3,287 Sq Ft Home
- Basement Fills Entire Space Under The House
- Washer
Kitchen
- Built-In Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Location
- Property is near golf course, public transit, and schools
Utilities
- No Cooling
- Heating Available
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,375
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
- Assessor Parcel Number M:0054 B:0162 L:,4188502
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Electric Expense $200
- Insurance Expense $2,800
- Water Sewer Expense $1,430
- Operating Expense $12,501
- Net Operating Income $41,700
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
Jul 15, 2021
Closed on
Sep 22, 2021
Sold by
Bought by
Seller's Agent
Ann Long
Coldwell Banker Realty - Beverly
Buyer's Agent
Laura Crowell
J. Barrett & Company
List Price
$889,000
Sold Price
$914,500
Premium/Discount to List
$25,500
2.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
0.028%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2003
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
$327,500
Interest Rate
0.0546%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $914,500 | None Available | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $378,000 | ||
| Open | $686,000 | ||
| Previous Owner | $325,000 | ||
| Previous Owner | $327,500 | ||
| Previous Owner | $65,200 | ||
| Previous Owner | $20,000 |
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 |
|---|---|---|---|---|
| 09/22/2021 09/22/21 | Sold | $914,500 | +2.9% | $278 / Sq Ft |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $889,000 | -- | $270 / 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 | $10,479 | $953,500 | $377,700 | $575,800 |
| 2024 | $9,648 | $859,100 | $339,000 | $520,100 |
| 2023 | $9,215 | $818,400 | $298,300 | $520,100 |
| 2022 | $8,815 | $724,300 | $261,500 | $462,800 |
| 2021 | $8,611 | $678,000 | $230,500 | $447,500 |
| 2020 | $8,500 | $662,500 | $215,000 | $447,500 |
| 2019 | $8,269 | $626,000 | $197,600 | $428,400 |
| 2018 | $7,367 | $541,700 | $180,100 | $361,600 |
| 2017 | $6,150 | $430,700 | $155,000 | $275,700 |
| 2016 | $5,644 | $392,200 | $135,600 | $256,600 |
| 2015 | $5,534 | $392,200 | $135,600 | $256,600 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Long
-
Laura Crowell
Buyer's Agent in 2021
Laura Crowell
J. Barrett & Company
(978) 922-3683
9 in this area
130 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72865878
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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