NOT LISTED FOR SALE

7 Elm Top Ln Beverly, MA 01915

Beverly Cove Neighborhood

Estimated Value: $3,111,000 - $4,278,000

4 Beds
5 Baths
5,181 Sq Ft
$685/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $1,925,000 $372 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $21,180/month

80 Days on Market

About This Home

As of June 2013

Spectacular OCEANFRONT, WATER ACCESS, MOORING, open concept, Siemasko & Verbridge design home. Gourmet kitchen open to fireplaced family room with cherry built-ins, all with magnificent views of the cove and beyond. French doors to oversized patio with custom pergola. Private waterfront, deck and cabana and new mooring location guaranteed. Luxurious master suite with gas fp, sumptuous bath & walk in closet. Bonus room over heated garage, 1st floor office.

Last Agent to Sell the Property

Gail Luchini

Keller Williams Realty Evolution Listed on: 02/22/2013

Keller Williams Realty Evolution

Last Buyer's Agent

Amanda Armstrong

Compass

Compass

Home Details

Home Type

Single Family

Year Built

2005

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Sloping, Scenic View(s)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Has Basement: Yes
  • Fireplaces: 3
  • Primary Bathroom: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Marina, Private School
  • Electric: 200 Amps
  • Energy: Insulated Windows, Insulated Doors, Prog. Thermostat
  • Flooring: Wood, Tile, Wall to Wall Carpet, Stone / Slate
  • Insulation: Full
  • Interior Amenities: Central Vacuum, Wetbar, Walk-up Attic, French Doors
  • Basement: Full, Concrete Floor
  • Bedroom 2: Second Floor, 14X15
  • Bedroom 3: Second Floor, 15X15
  • Bedroom 4: Second Floor, 15X16
  • Kitchen: First Floor, 21X23
  • Laundry Room: Second Floor
  • Living Room: First Floor, 15X18
  • Master Bedroom: Second Floor, 18X20
  • Master Bedroom Description: Bathroom - Full, Bathroom - Double Vanity/Sink, Fireplace, Ceiling - Cathedral, Ceiling Fan(s), Closet - Walk-in, Flooring - Hardwood, French Doors, Deck - Exterior, Double Vanity
  • Dining Room: First Floor, 14X16
  • Family Room: First Floor, 22X17

Exterior Features

  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Patio, Cabana, Professional Landscaping, Sprinkler System, Stone Wall
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Heated, Side Entry
  • Garage Spaces: 3
  • Parking: Off-Street
  • Parking Spaces: 3

Utilities

  • Cooling Zones: 4
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Patel Meeta K and Patel Samit G
Bought by
Patel Ft and Patel
Current Estimated Value
$3,551,289

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jun 28, 2013
Sold by
Enes Michael N and Enes Dale M
Bought by
Patel Samit G and Patel Meeta K
Seller's Agent
Gail Luchini
Keller Williams Realty Evolution
Buyer's Agent
Amanda Armstrong
Compass
List Price
$2,325,000
Sold Price
$1,925,000
Premium/Discount to List
-$400,000
-17.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$1,300,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage
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
Patel Ft -- None Available
Patel Samit G $1,925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Samit G $1,300,000
Previous Owner Patel Samit G $1,720,000
Previous Owner Patel Samit G $1,863,000
Previous Owner Patel Samit G $1,880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $1,925,000 -6.1% $372 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/22/2013 04/22/13 Price Changed $2,050,000 -3.5% $396 / Sq Ft
03/11/2013 03/11/13 Price Changed $2,125,000 -8.6% $410 / Sq Ft
02/22/2013 02/22/13 For Sale $2,325,000 -- $449 / 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 $32,419 $2,949,900 $1,689,700 $1,260,200
2024 $32,665 $2,908,700 $1,648,500 $1,260,200
2023 $31,592 $2,805,700 $1,545,500 $1,260,200
2022 $27,628 $2,270,200 $1,001,500 $1,268,700
2021 $27,790 $2,188,200 $954,100 $1,234,100
2020 $27,493 $2,142,900 $908,800 $1,234,100
2019 $27,162 $2,056,200 $865,500 $1,190,700
2018 $25,843 $1,900,200 $803,700 $1,096,500
2017 $26,557 $1,859,700 $741,800 $1,117,900
2016 $26,761 $1,859,700 $741,800 $1,117,900
2015 $26,240 $1,859,700 $741,800 $1,117,900
Source: Public Records

Agents Affiliated with this Home

  • Gail Luchini

    Seller's Agent in 2013

    Gail Luchini

    Keller Williams Realty Evolution

    (978) 697-8830

    131 Total Sales

    Gail Luchini
    Section Image
  • Amanda Armstrong

    Buyer's Agent in 2013

    Amanda Armstrong

    Compass

    (978) 879-6322

    1 in this area

    225 Total Sales

    Amanda Armstrong
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71485344

MLS Property Information Network (MLS PIN)

APN: BEVE M:0012 B:223A L:

Massachusetts Essex County Beverly 01915 Beverly Cove

7 Elm Top Ln, Beverly, MA

Not Listed for Sale

Detached

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