NOT LISTED FOR SALE

8 Lyman St Beverly, MA 01915

Gloucester Crossing Neighborhood

Estimated Value: $899,000 - $1,100,000

8 Beds
3 Baths
3,306 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $520,000 $157 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,773/month

3 Days on Market

About This Home

As of June 2017

Large 2 family with inlaw close to the center of town, and train, walking distance to Cummings center, high/middle school, hospital, Balch Park. An additional 800 sq ft of living area attached to second floor unit with separate entrance. Perfect for owner occupied, investors, or condo conversion. First floor rented. Second third floor vacant and ready for new owner or tenants. $51,600 total yearly rental income history.

Last Agent to Sell the Property

Jason Saphire

Saphire Hospitality, Inc. Listed on: 04/20/2017

Last Buyer's Agent

Chris Blasczak

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Other (See Remarks)
  • Electric: 150 Amps
  • Energy: Insulated Windows
  • Flooring: Hardwood, Other (See Remarks)
  • Basement: Full, Partial, Bulkhead, Sump Pump, Dirt Floor, Concrete Floor, Unfinished Basement
  • Full Bathrooms: 3
  • Total Levels: 4
  • Main Lo: AN1894
  • Main So: C95098
  • Estimated Sq Ft: 3306.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Balcony
  • Foundation: Fieldstone
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 8

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:0030 B:0058 L:
  • Zoning: RMD
  • Acre: 0.08
  • Lot Size: 3600.00

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Bedrooms: 8
  • Total Floors: 5
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 4600
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2004
Sold by
Euell Wilhelmina
Bought by
Dennesen Peter
Current Estimated Value
$971,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Outstanding Balance
$154,271
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$817,482

Purchase Details

Closed on
Feb 21, 1997
Sold by
Barbaro Peter D and Barbaro Jill A
Bought by
Euell Wilhelmina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,300
Interest Rate
7.8%
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
Dennesen Peter $389,900 --
Euell Wilhelmina $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Euell Wilhelmina $311,920
Previous Owner Euell Wilhelmina $146,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2017 06/05/17 Sold $520,000 +6.8% $157 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $487,000 -- $147 / 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 $8,300 $755,200 $354,300 $400,900
2024 $7,799 $694,500 $290,100 $404,400
2023 $7,258 $644,600 $260,700 $383,900
2022 $7,174 $589,500 $205,600 $383,900
2021 $6,927 $545,400 $196,500 $348,900
2020 $6,765 $527,300 $185,400 $341,900
2019 $6,266 $474,300 $165,200 $309,100
2018 $5,460 $401,500 $158,400 $243,100
2017 $5,246 $367,400 $117,000 $250,400
2016 $4,844 $336,600 $117,000 $219,600
2015 $4,749 $336,600 $117,000 $219,600
Source: Public Records

Agents Affiliated with this Home

  • Jason Saphire

    Seller's Agent in 2017

    Jason Saphire

    Saphire Hospitality, Inc.

    (877) 249-5478

    2,160 Total Sales

    Jason Saphire
    Section Image
  • Chris Blasczak

    Buyer's Agent in 2017

    Chris Blasczak

    Real Broker MA, LLC

    (978) 490-0906

    81 Total Sales

    Chris Blasczak
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72149207

MLS Property Information Network (MLS PIN)

APN: BEVE M:0030 B:0058 L:

Massachusetts Essex County Beverly 01915 Gloucester Crossing

8 Lyman St, Beverly, MA

Not Listed for Sale

MultiFamily

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