NOT LISTED FOR SALE

Estimated Value: $914,000 - $1,066,808

6 Beds
3 Baths
2,524 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $738,500 $293 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,042/month

5 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Garden
  • Deck
  • Porch
  • 3-minute walk to Dane Street Beach Playground

About This Home

As of December 2020

Owner occupants and investors! A property like this is hard to come by! Incredible two unit building just up the street from Dane Street Beach. Featuring a garden style 2 bedroom apartment on the first floor and a 4 bedroom townhouse on floors 2 and 3. Newly updated units with hardwood floors throughout, high ceilings, period detail and quality finishes. Highly efficient building with brand new roof in 2018, heating systems 2017, unit 2 hot water heater 2019, separate utilities, fully insulated, electric car charging station and owned solar panels (that will be fully paid at closing)! In unit laundry, 4 car off street parking, spacious back deck, front farmers porch and garden area. Close to downtown, beaches, parks, multiple train stations, shopping and restaurants! Showings begin Sunday, 10/25. Please schedule appointments via Showingtime and follow all COVID-19 guidelines. Please see firm remarks.

Last Agent to Sell the Property

Laura Crowell

J. Barrett & Company Listed on: 10/21/2020

Last Buyer's Agent

Lisa Biggar

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Garden

Outdoor Features

  • Deck
  • Porch

Schools

  • Beverly High School

Additional Features

  • Water Views
  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0012 B:0123 L:

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 276.94
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Yes, Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: C95243
  • Main So: AN1199
  • Estimated Sq Ft: 2524.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Public, Walk to
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Deck, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, University

Lot Info

  • Assessments: 623100.00
  • Acre: 0.08
  • Lot Size: 3605.00
  • Page: 442
  • Parcel Number: M:0012 B:0123 L:
  • Zoning: R6
  • Lot Description: Level

Green Features

  • Energy Features: Solar Features

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 4350
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7994.00
  • Assessor Parcel Number: 4182563
  • Tax Year: 2020

MLS Schools

  • Grade School: Cove
  • High School: Beverly High
  • Middle School: Beverly Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 15, 2020
Sold by
Gray Kari L and Gray Nathan M
Bought by
Smidt Colby A and Smidt Evangeline S
Seller's Agent
Laura Crowell
J. Barrett & Company
Buyer's Agent
Lisa Biggar
LAER Realty Partners
List Price
$699,000
Sold Price
$738,500
Premium/Discount to List
$39,500
5.65%
Current Estimated Value
$997,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,202
Avg. Annual Appreciation
6.06%
Original Mortgage
$713,832
Outstanding Balance
$629,642
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$368,060

Purchase Details

Closed on
Apr 24, 2018
Sold by
Gray Kari L
Bought by
Gray Kari L and Gray Nathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smidt Colby A $738,500 None Available
Gray Kari L -- --
Gray Kari L $200,000 --
Gray Kari L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smidt Colby A $713,832
Previous Owner Gray Kari L $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $738,500 +5.7% $293 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $699,000 -- $277 / 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 $8,961 $815,400 $429,600 $385,800
2024 $8,539 $760,400 $374,600 $385,800
2021 $7,075 $557,100 $260,700 $296,400
2018 $7,026 $516,600 $306,400 $210,200
2016 $6,109 $424,500 $234,300 $190,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72746752

MLS Property Information Network (MLS PIN)

APN: BEVE-000012-000123