NOT LISTED FOR SALE

Estimated Value: $770,000 - $821,000

4 Beds
2 Baths
1,808 Sq Ft
$444/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $526,000 $291 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,866/month

6 Days on Market

About This Home

As of March 2020

This must see two family provides opportunity for both owner occupants and investors. Well maintained by the current owner each unit has an updated kitchen and bath. The first floor unit has one bedroom, with an office or small second bedroom. The second floor unit has three bedrooms, and also has a walk up attic area for potential expansion. There is also a spacious basement for storage with laundry hookups for each unit. The exterior provides a nice fenced in yard, off street parking and a large storage shed. Finally this convenient location offers easy access to all the shops and restaurants of downtown Beverly, as well as parks and beaches, Route 128 and the MBTA commuter rail. Showings begin at Open House Sunday Jan 12th from 11:00am-1:00pm

Last Agent to Sell the Property

Mark Ventimiglia

Vadala Real Estate Listed on: 01/09/2020

Last Buyer's Agent

Leslie Pappas

Coldwell Banker Realty - Beverly License #454007431

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,718

Year Built

  • Built in 1890

Lot Details

  • 6,534

Outdoor Features

  • Storage Shed
  • Porch

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,718

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 275.44
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Main Lo: C95600
  • Main So: K95001
  • Estimated Sq Ft: 1808.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Frontage: 65.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Storage Shed
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access

Lot Info

  • Assessments: 465900.00
  • Lot: 563
  • Acre: 0.15
  • Lot Size: 6650.00
  • Page: 290
  • Zoning: R6
  • Lot Description: Paved Drive, Gentle Slope, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3350
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5977.50
  • Assessor Parcel Number: 4184304

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2017
Sold by
Balbo Daniel C
Bought by
Balbo Daniel C and Balbo Mari E
Current Estimated Value
$771,215

Purchase Details

Closed on
Sep 14, 2011
Sold by
Oneil Meegan M
Bought by
Balbo Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,913
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Crocker Brenden and Oraibi Milissa B
Bought by
Oneil Meegan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,250
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1991
Sold by
Mahoney Shawn and Mahoney Paul Ann
Bought by
Oraibi Milissa B and Oraibi Abdelilah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
9.44%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Balbo Daniel C -- --
Balbo Daniel C $319,000 --
Oneil Meegan M $355,000 --
Oraibi Milissa B $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin-Etherington Dana $145,000
Open Martin-Etherington Dana $499,700
Previous Owner Oraibi Milissa B $310,913
Previous Owner Oraibi Milissa B $337,250
Previous Owner Oraibi Milissa B $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $526,000 +5.6% $291 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $498,000 -- $275 / 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 $7,718 $702,300 $436,800 $265,500
2024 $7,258 $646,300 $380,800 $265,500
2023 $6,809 $604,700 $352,800 $251,900
2022 $6,450 $530,000 $278,100 $251,900
2021 $6,273 $493,900 $265,000 $228,900
2020 $5,977 $465,900 $240,800 $225,100
2019 $5,597 $423,700 $220,200 $203,500
2018 $5,349 $393,300 $214,600 $178,700
2017 $5,294 $370,700 $186,700 $184,000
2016 $4,567 $317,400 $154,900 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72606364

MLS Property Information Network (MLS PIN)

APN: BEVE-000012-000031