NOT LISTED FOR SALE

Estimated Value: $480,925 - $684,000

9 Beds
3 Baths
3,099 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $321,000 $104 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,891/month

6 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch

About This Home

As of September 2019

Great cash flow opportunity! 25%+ return potential for investors! This large 3 family features 3 bedroom 1 bath units all in good shape. Recent upgrades have been done in all of the units. All tenants current with rent. Washer/Dryer hookup in all 3 units. New roof in 2017. Completely deleaded and all utilities are separated. Small backyard. Close proximity to major highway, public transportation, hospitals and restaurants/bars on Water and Shrewsbury St. Come take advantage of the great cash flow opportunity for investors or owner-occupied while renting out the other units. Open House Saturday 7/27 12-2pm.

Last Listed By

Mark Pitzi

Coldwell Banker Realty - Beverly Listed on: 07/24/2019

Coldwell Banker Realty - Beverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,140

Year Built

  • Built in 1890

Lot Details

  • 3,049

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Window Screens
  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,140

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 96.77
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1890
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: K95001
  • Main So: K95491
  • Estimated Sq Ft: 3099.00

Exterior Features

  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Wood, Screens, Fenced Yard
  • Foundation: Poured Concrete, Concrete Block, Brick

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Medical Facility, Laundromat, Highway Access

Lot Info

  • Assessments: 999999.00
  • Acre: 0.07
  • Lot Size: 3200.00
  • Page: 71
  • Zoning: RG-5
  • Lot Description: Fenced/Enclosed, Gentle Slope

Multi Family

  • Total Levels: 3
  • Total Rent: 3225
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 3780.11
  • Assessor Parcel Number: 1777924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2013
Sold by
Rothschild Denise and Rothschild Lawrence
Bought by
Marlborough Investors
Total Days on Market
6
Current Estimated Value
$603,731

Purchase Details

Closed on
Jul 23, 2012
Sold by
Marlborough Investors
Bought by
Rothschild Denise and Rothschild Lawrence

Purchase Details

Closed on
Jan 19, 2010
Sold by
Rothschild Denise
Bought by
Marlborough Investors

Purchase Details

Closed on
Jul 21, 2009
Sold by
Federal National Mortgage Association
Bought by
Rothschild Denise

Purchase Details

Closed on
Mar 19, 2009
Sold by
Tashjian Steven and Wells Fargo Bk
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 17, 2007
Sold by
Citimortgage Inc
Bought by
Tashjian Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Acquaye Laud A and Mers
Bought by
Citimortgage Inc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Num Josephine
Bought by
Acquaye Laud A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1992
Sold by
East Kendall Rt
Bought by
Num Josephine

Range of Values:

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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
Marlborough Investors -- --
Rothschild Denise -- --
Marlborough Investors -- --
Rothschild Denise $122,500 --
Federal National Mortgage Association $137,021 --
Tashjian Steven $160,000 --
Citimortgage Inc $228,000 --
Acquaye Laud A $295,000 --
Num Josephine $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassani Nacer $315,185
Closed Butler Thomas $220,000
Closed Butler Thomas $180,000
Closed Butler Thomas $150,000
Closed Huang Mei N $132,300
Previous Owner Rothenberg Eric P $110,200
Previous Owner Blanchette John $112,500
Previous Owner Tashjian Steven $174,000
Previous Owner Tashjian Steven $120,000
Previous Owner Acquaye Laud A $236,000
Previous Owner Acquaye Laud A $59,000
Previous Owner Blanchette John $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $321,000 +7.0% $104 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $299,900 +46.3% $97 / Sq Ft
05/06/2016 05/06/16 Sold $205,000 -8.9% $66 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $225,000 +19.0% $73 / Sq Ft
07/17/2015 07/17/15 Sold $189,000 -5.5% $61 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $199,900 -- $65 / 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 $6,140 $465,500 $60,100 $405,400
2024 $5,643 $410,400 $60,100 $350,300
2023 $5,410 $377,300 $52,300 $325,000
2022 $4,706 $309,400 $41,800 $267,600
2021 $4,109 $252,400 $33,500 $218,900
2020 $3,885 $228,500 $33,200 $195,300
2019 $3,879 $215,500 $29,000 $186,500
2018 $3,780 $199,900 $29,000 $170,900
2017 $3,531 $183,700 $29,000 $154,700
2016 $3,411 $165,500 $21,900 $143,600
2015 $2,842 $141,600 $21,900 $119,700
2014 $2,767 $141,600 $21,900 $119,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72539606

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000007-000023