NOT LISTED FOR SALE

Estimated Value: $824,000 - $935,000

4 Beds
3 Baths
2,557 Sq Ft
$347/Sq Ft Est. Value

Last Sold January 20, 2022

Last sale price $770,000 $301 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,452/month

6 Days on Market

About This Home

As of January 2022

Great investment opportunity, in superior downtown location, with ocean views! Close to everything...beaches, Independence Park, marinas, restaurants, shops, commuter rail and more. First floor, one bedroom unit has a gracious living room and dining room with French doors. The kitchen has tile counters and is fully applianced. The second floor unit has one bedroom on the first level, a fully applianced kitchen with tile floor and counters and an open living/dining area with sliders to a deck with ocean views and breezes. The top floor features 2 additional bedrooms (no direct source of heat) and a full bathroom with sauna. The property has a security system, off street parking for 2 cars, separate utilities and minimal grounds to maintain…Open House Saturday Nov 27 from 11:00-12:00. Offers received by 5pm Monday will be responded to on Tuesday.

Last Agent to Sell the Property

Kathleen Demarkles Essler

J. Barrett & Company Listed on: 11/23/2021

Last Buyer's Agent

Team Lillian Montalto

Lillian Montalto Signature Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,822

Year Built

  • 1900

Lot Details

  • 2,178

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,822

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Lothrop or Cabot to Stone Street
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Full, Interior Entry, Bulkhead, Concrete
  • Total Bathrooms: 2.5
  • MAIN LO: C95243
  • LIST PRICE PER Sq Ft: 269.85
  • PRICE PER Sq Ft: 301.13
  • MAIN SO: G62122
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Upgraded Countertops,Bathroom With Tub & Shower,Slider), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo,Office/Den)
  • Other Equipment: Unit 2 Intercom
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Storage, Unit 2 Balcony/Deck
  • Foundation Details: Stone, Brick/Mortar
  • Construction Type: Frame
  • Disclosures: Electric Heat In Third Floor Bathroom And Bedrooms And Second Floor Bedroom.
  • Lot Features: Corner Lot
  • Waterfront Features: Beach Front, Ocean, Sound, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Heating: Unit 1(Forced Air,Oil), Unit 2(Forced Air,Oil,Electric)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Security: Unit 2 Security System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, Marina, Public School, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Schools

  • High School: Beverly
  • Middle Or Junior School: Beverly

Lot Info

  • LOT SIZE: 2083
  • PAGE: 485
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 2178
  • Zoning: RMD

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 15600
  • Insurance Expense: 3138
  • Property Net Operating Income: 15600
  • Number Of Units Total: 2
  • Annual Operating Expense: 3138
  • Total Actual Rent: 1300

Tax Info

  • Tax Annual Amount: 6504
  • Tax Block: 0039
  • Tax Book Number: 13118
  • Tax Map Number: 0002
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2021
Sold by
Callahan Antoinette R and Callahan Edward T
Bought by
7 Stone Street Rt and Callahan
Current Estimated Value
$887,813

Purchase Details

Closed on
Sep 21, 2020
Sold by
7 Stone Beverly Rt and Callahan
Bought by
Callahan Antoinette R and Callahan Edward T

Purchase Details

Closed on
May 15, 2013
Sold by
Callahan Edward T and Callahan Antoinette R
Bought by
7 Stone Beverly Rt and Callahan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2010
Sold by
Callahan Edward T and Callahan Antoinette R
Bought by
7 Stone Beverly Rt and Callahan
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
7 Stone Street Rt -- None Available
Callahan Antoinette R -- None Available
7 Stone Beverly Rt -- --
Callahan Edward T -- --
7 Stone Beverly Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bixbee Brian $624,250
Previous Owner 7 Stone Beverly Rt $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $770,000 +11.6% $301 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $690,000 -- $270 / 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 $7,822 $711,700 $346,600 $365,100
2024 $7,992 $711,700 $346,600 $365,100
2023 $7,151 $635,100 $333,300 $301,800
2022 $6,715 $551,800 $250,000 $301,800
2021 $6,504 $512,100 $238,300 $273,800
2020 $5,886 $458,800 $189,600 $269,200
2019 $5,271 $399,000 $156,200 $242,800
2018 $4,593 $337,700 $125,000 $212,700
2017 $4,467 $312,800 $93,700 $219,100
2016 $4,124 $286,600 $93,700 $192,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72920264

MLS Property Information Network (MLS PIN)

APN: BEVE M:0002 B:0066 L: