NOT LISTED FOR SALE

Estimated Value: $276,000 - $350,000

1 Bed
1 Bath
616 Sq Ft
$506/Sq Ft Est. Value

About This Home

This home is located at 56 Lothrop St Unit 5, Beverly, MA 01915 and is currently estimated at $311,876, approximately $506 per square foot. 56 Lothrop St Unit 5 is a home located in Essex County with nearby schools including Beverly High School, Mrs Alexander's School, and Harborlight Montessori School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Herrick Ryan
Bought by
Herrick Residential Llc
Current Estimated Value
$311,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Outstanding Balance
$280,314
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$25,111

Purchase Details

Closed on
Oct 7, 2009
Sold by
Alorda-Socias Isabel M
Bought by
Herrick Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.14%

Purchase Details

Closed on
Nov 30, 2007
Sold by
Gillis Susan L
Bought by
Alorda-Socias Isabel M

Purchase Details

Closed on
Jun 3, 1993
Sold by
Advantage Bank For Svg
Bought by
Gillis Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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 Buyer Sale Price Title Company
Herrick Residential Llc -- None Available
Herrick Ryan $105,000 --
Alorda-Socias Isabel M $174,900 --
Gillis Susan L $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrick Residential Llc $305,000
Closed Herrick Res Llc $305,000
Previous Owner Herrick Ryan $75,000
Previous Owner Herrick Ryan $50,000
Previous Owner Herrick Ryan $329,550
Previous Owner Herrick Ryan $100,000
Previous Owner Gillis Susan L $85,000
Previous Owner Gillis Susan L $84,000
Previous Owner Gillis Susan L $28,000
Source: Public Records

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 $3,104 $282,400 $0 $282,400
2024 $3,015 $268,500 $0 $268,500
2023 $2,795 $248,200 $0 $248,200
2022 $2,809 $230,800 $0 $230,800
2021 $2,696 $212,300 $0 $212,300
2020 $2,602 $202,800 $0 $202,800
2019 $2,404 $182,000 $0 $182,000
2018 $2,228 $163,800 $0 $163,800
2017 $1,979 $138,600 $0 $138,600
2016 $1,511 $105,000 $0 $105,000
2015 $1,482 $105,000 $0 $105,000
Source: Public Records

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