NOT LISTED FOR SALE

Estimated Value: $3,706,000 - $3,943,414

5 Beds
5 Baths
5,623 Sq Ft
$680/Sq Ft Est. Value

Last Sold October 26, 2016

Last sale price $1,850,000 $329 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $20,180/month

359 Days on Market

About This Home

As of October 2016

Rarely offered direct Oceanfront property situated in desired Beverly Cove. With breathtaking panoramic views of Marblehead, the islands and the Atlantic, this 5 bedroom - 4.5 bath colonial brick home is perfect for seasonal or year round living. Built in 1981, the layout was designed with entertaining in mind. Relax on your own private beach and enjoy both sunrise and sunset on the beautifully landscaped grounds. The 5 car garage is perfect for New England winters.

Last Agent to Sell the Property

Victor Paulino

Engel & Volkers By the Sea Listed on: 10/01/2015

Engel & Volkers By the Sea

Last Buyer's Agent

Deborah Terlik

Keller Williams Realty Evolution

Keller Williams Realty Evolution

Home Details

Home Type

  • Single Family

Year Built

  • 1981

Lot Details

  • 0.55

Utilities

  • Private Sewer

Home Details

Home Type

Single Family

Year Built

1981

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Single Family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1981

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Swimming Pool, Stables, Laundromat, Conservation Area, Marina
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors, Backup Generator
  • Flooring: Tile, Wall to Wall Carpet
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Sauna/Steam/Hot Tub
  • Basement: Interior Access, Garage Access
  • Bedroom 2: Second Floor, 30X21
  • Bedroom 3: First Floor, 22X12
  • Bedroom 4: First Floor, 15X12
  • Bedroom 5: Second Floor, 12X12
  • Bathroom #1: Second Floor, 14X7
  • Bathroom #2: Second Floor, 8X7
  • Bathroom #3: First Floor, 8X6
  • Kitchen: First Floor, 11X10
  • Laundry Room: First Floor, 12X8
  • Living Room: First Floor, 28X28
  • Master Bedroom: Second Floor, 26X16
  • Dining Room: First Floor, 17X14
  • Oth1 Room Name: 3/4 Bath
  • Oth1 Dimen: 8X6
  • Oth2 Room Name: 1/4 Bath
  • Oth2 Dimen: 8X6
  • Oth3 Room Name: Foyer
  • Oth3 Dimen: 20X12
  • Oth4 Room Name: Office
  • Oth4 Dimen: 10X10
  • Oth5 Dimen: 14X14

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Brick, Stone/Concrete
  • Exterior: Shingles, Brick, Stone
  • Exterior Features: Patio, Balcony, Sprinkler System, Deck, Outdoor Shower
  • Foundation: Poured Concrete
  • Waterfront: Ocean, Frontage, Access
  • Beach Ownership: Private
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Garage Door Opener, Storage, Under
  • Garage Spaces: 5
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Cooling Zones: 4
  • Heat Zones: 5
  • Hot Water: Tank
  • Utility Connections: for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Assessor Parcel Number: M:0007 B:002A L:
  • Zoning: R10

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 1996
Sold by
Testa Irene J
Bought by
Levin Marc
Current Estimated Value
$3,285,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$28,133
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,796,574
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levin Marc $1,038,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levin Marc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2016 10/26/16 Sold $1,850,000 -7.3% $329 / Sq Ft
09/24/2016 09/24/16 Pending -- -- --
07/15/2016 07/15/16 Price Changed $1,995,000 -11.3% $355 / Sq Ft
11/30/2015 11/30/15 Price Changed $2,250,000 -9.9% $400 / Sq Ft
10/07/2015 10/07/15 For Sale $2,498,000 +35.0% $444 / Sq Ft
10/03/2015 10/03/15 Off Market $1,850,000 -- --
10/01/2015 10/01/15 For Sale $2,498,000 -- $444 / 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 $36,185 $3,292,500 $1,643,300 $1,649,200
2024 $36,375 $3,239,100 $1,589,900 $1,649,200
2023 $32,162 $2,856,300 $1,207,100 $1,649,200
2022 $38,953 $3,200,700 $1,207,100 $1,993,600
2021 $37,497 $2,952,500 $1,150,100 $1,802,400
2020 $31,935 $2,489,100 $1,094,900 $1,394,200
2019 $14,948 $1,131,600 $1,131,600 $0
2015 $21,714 $1,538,900 $734,000 $804,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71913283

MLS Property Information Network (MLS PIN)

APN: BEVE M:0007 B:002A L: