NOT LISTED FOR SALE

Estimated Value: $924,000 - $1,019,000

6 Beds
3 Baths
2,776 Sq Ft
$358/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $970,000 $349 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,964/month

7 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Park
  • Wood Flooring
  • Living Room
  • 1-minute walk to Norman Gilbert Park

About This Home

As of July 2024

Rare side by side 3 Family with parking for 6 plus cars and 2 addtional rented garages located just steps from Independence Park and Bartlett Gardens Park. Close proximity to the Commuter Rail. This property has been well maintained. All of the apartments consist of 2 bedrooms and 1 bathroom, with Washer/Dryer hook ups. The kitchens have newer appliances. The roof is approximately 6 years old and the heating systems and electrical have been updated. Apartment 2 features a roof deck with seasonal ocean views and is vacant. The other 2 apartments are TAW. There is a full, clean basement for storage. Garages are currently rented for $205/month. **The current rents are under market.

Last Agent to Sell the Property

Jeffrey Terlik

Keller Williams Realty Evolution Listed on: 06/17/2024

Keller Williams Realty Evolution

Co-Listed By

Deborah Terlik

Keller Williams Realty Evolution

Last Buyer's Agent

Entela Tase

Coldwell Banker Realty - Westwood

Coldwell Banker Realty - Westwood

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,075

Year Built

  • Built in 1900

Lot Details

  • 6,186 Sq Ft Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,776 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Cove Elementary School
  • Beverly Middle School
  • BHS High School

Utilities

  • Forced Air Heating System
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,555
  • Assessor Parcel Number 4180598

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • Insurance Expense $2,443
  • Water Sewer Expense $1,400
  • Operating Expense $16,333
  • Net Operating Income $48,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,075

Year Built

Built in 1900

Lot Details

6,186 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Interior Amenities: Living Room, Kitchen, Laundry Room, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher, Disposal
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Interior Entry
  • Living Area: 2776
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: C95098
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas, Baseboard
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1400

Lot Info

  • Parcel Number: 4180598
  • Zoning: RMD
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6186
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9075

Multi Family

  • Insurance Expense: 2443
  • Net Operating Income: 48800
  • Number Of Units Total: 3
  • Operating Expense: 16333
  • Total Actual Rent: 4555
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1

MLS Schools

  • High School: Bhs
  • Elementary School: Cove Elementary
  • Middle Or Junior School: Beverly Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2009
Sold by
Bank Of New York
Bought by
Driscoll Re Holding Ll
Current Estimated Value
$993,000

Purchase Details

Closed on
Jul 22, 2008
Sold by
Alves Francisco and Alves Debra S
Bought by
Bank Of New York

Purchase Details

Closed on
Aug 12, 1998
Sold by
Braun Gerald B and Braun Gerald B
Bought by
Alves Francisco and Silva Debra Sousa
Source: Public Records

Range of Values:

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

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Driscoll Re Holding Ll $252,000 --
Driscoll Re Holding Ll $252,000 --
Bank Of New York $317,900 --
Bank Of New York $317,900 --
Alves Francisco $175,000 --
Alves Francisco $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alves Francisco $150,000
Previous Owner Alves Francisco $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $970,000 +2.1% $349 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $950,000 -- $342 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,881 $808,100 $387,300 $420,800
2024 $9,075 $808,100 $387,300 $420,800
2023 $8,931 $793,200 $372,400 $420,800
2022 $8,397 $690,000 $279,300 $410,700
2021 $8,597 $676,900 $266,200 $410,700
2020 $8,011 $624,400 $242,000 $382,400
2019 $8,005 $606,000 $232,700 $373,300
2018 $7,428 $546,200 $223,400 $322,800
2017 $6,397 $448,000 $167,600 $280,400
2016 $6,098 $423,800 $167,600 $256,200
2015 $5,980 $423,800 $167,600 $256,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73253133

MLS Property Information Network (MLS PIN)

APN: BEVE M:0020 B:0079 L:

Your Personal Tour Guide

Ask me questions while you tour the home.