7 Fossa Terrace Unit 1 Beverly, MA 01915
Downtown Beverly NeighborhoodEstimated Value: $494,000 - $550,000
3
Beds
2
Baths
1,619
Sq Ft
$326/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Heating System Uses Steam
- 1-minute walk to Norman Gilbert Park
- Central Heating
- Washer and Dryer
About This Home
As of September 2020This home is a Condominium that feels more like a single family! PRIVATE SHOWINGS BY APPT SUNDAY 6/28 from 12 - 3 P.M. This 3 Bedroom 1.5 bath townhouse unit is one half of a duplex residence w/2 off street parking spaces. Brand new 1/2 bath & finished basement space make this unit versatile & appealing. The entry foyer now includes a half bath & over-sized coat closet while the balance of the 1st floor features an open floor plan with a living room & large kitchen/dining space. Newly finished basement includes a large open room, laundry area & a huge storage closet with bulkhead access to exterior. New gas fired boiler & new hot water heater. No condo fee! Condo Association splits annual water & master insurance bills & allows pets: 1 dog, 2 cats or caged birds per unit. Easy walking distance to area beaches, downtown Beverly's shops & restaurants and commuter rail to Boston. Secluded neighborhood backs up to Bartlett Gardens with short walk to Independence Park/Beach.
Last Agent to Sell the Property
Keller Williams Realty Evolution Listed on: 06/25/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,973
Year Built
- Built in 1900
Kitchen
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Utilities
- Central Heating
- Heating System Uses Steam
- Heating System Uses Gas
- Water Holding Tank
- Natural Gas Water Heater
- Cable TV Available
Additional Features
- Washer and Dryer
- Year Round Access
- Basement
Community Details
- Call for details about the types of pets allowed
Listing and Financial Details
- Assessor Parcel Number M:0005 B:0368 L:0001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2020
Closed on
Sep 2, 2020
Sold by
Jenkins Frederick R and Jenkins Nancy
Bought by
Lipman Alexandra
Seller's Agent
The Mitchell Team
Keller Williams Realty Evolution
Buyer's Agent
Nancy Judge
Keller Williams Realty Evolution
List Price
$349,900
Sold Price
$398,000
Premium/Discount to List
$48,100
13.75%
Total Days on Market
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,123
Avg. Annual Appreciation
6.14%
Original Mortgage
$371,100
Outstanding Balance
$333,603
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$194,520
Purchase Details
Closed on
Dec 15, 2017
Sold by
Smith Amy
Bought by
Jenkins Frederick R and Prandi Nicolas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,250
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 22, 2004
Sold by
Clarizia James G and Clarizia Paul G
Bought by
Smith Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Beverly, MA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lipman Alexandra | $405,000 | None Available | |
| Jenkins Frederick R | $235,000 | -- | |
| Smith Amy | $241,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lipman Alexandra | $371,100 | |
| Previous Owner | Jenkins Frederick R | $223,250 | |
| Previous Owner | Smith Amy | $192,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2020 09/04/20 | Sold | $398,000 | +13.7% | $246 / Sq Ft |
| 07/02/2020 07/02/20 | Pending | -- | -- | -- |
| 06/25/2020 06/25/20 | For Sale | $349,900 | -- | $216 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $4,973 | $452,500 | $0 | $452,500 |
| 2024 | $4,711 | $419,500 | $0 | $419,500 |
| 2023 | $4,349 | $386,200 | $0 | $386,200 |
| 2022 | $4,431 | $364,100 | $0 | $364,100 |
| 2021 | $4,092 | $322,200 | $0 | $322,200 |
| 2020 | $3,349 | $261,000 | $0 | $261,000 |
| 2019 | $3,075 | $232,800 | $0 | $232,800 |
| 2018 | $3,053 | $224,500 | $0 | $224,500 |
| 2017 | $3,087 | $216,200 | $0 | $216,200 |
| 2016 | $2,938 | $204,200 | $0 | $204,200 |
Source: Public Records
Agents Affiliated with this Home
-
The Mitchell Team
Seller's Agent in 2020
The Mitchell Team
Keller Williams Realty Evolution
(978) 314-2955
11 in this area
77 Total Sales
-
Nancy Judge
Buyer's Agent in 2020
Nancy Judge
Keller Williams Realty Evolution
(978) 417-9009
6 in this area
95 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72680471
APN: BEVE-000005-000368-000001
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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