NOT LISTED FOR SALE

85 Southern Ave Essex, MA 01929

Estimated Value: $871,000 - $909,254

4 Beds
3 Baths
3,100 Sq Ft
$287/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $865,000 $279 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,518/month

7 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Barn or Stable
  • Manchester Essex Regional High School Rated A
  • Community Stables
  • Granite Flooring

About This Home

As of July 2024

Rare Two Family Colonial! This is a fantastic opportunity for owner occupied or investor. The property has had a MAJOR recent renovation on all three levels. New roof, siding, heating systems, central AC, electrical, plumbing, flooring, stainless kitchens and custom tiled baths. First floor unit has beautiful pumpkin pine floors and classic colonial details, 2 bedrooms, full tiled bath with walk-in shower, laundry, enclosed porch. Second floor has two levels with living room, dining area, kitchen, two bedrooms, laundry and third floor family room and home office. All utilities have been separated. Included is a large detached barn once used as a wood working shop. Plenty of parking.

Last Agent to Sell the Property

Karen Bernier

Churchill Properties Listed on: 04/30/2024

Last Buyer's Agent

Karen Bernier

Churchill Properties Listed on: 04/30/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,180

Year Built

  • Built in 1830

Lot Details

  • 0.26 Acre Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 1 Level
  • Cathedral Ceiling
  • Skylights
  • Insulated Windows
  • Family Room
  • Living Room
  • Home Office
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Pine Flooring
  • Granite
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Schools

  • Mersd Elementary And Middle School
  • Mersd High School

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters
  • 200+ Amp Service

Additional Features

  • Enclosed Patio or Porch
  • Property is near schools
  • Barn or Stable

Listing and Financial Details

  • Total Actual Rent $4,800
  • Rent includes unit 1(water), unit 2(water)
  • Tax Lot 62
  • Assessor Parcel Number 1887137

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Community Stables

Additional Features

  • 2 Units
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,180

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1830
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile, Varies, Pine, Stone/Ceramic Tile
  • Interior Amenities: Stone/Granite/Solid Counters, Bathroom with Shower Stall, Cathedral/Vaulted Ceilings, Living Room, Kitchen, Laundry Room, Family Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Microwave
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Interior Entry, Sump Pump, Dirt Floor, Unfinished
  • Living Area: 3100
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Skylight(s), Insulated Windows
  • MAIN LO: AN4851
  • LIST PRICE PER Sq Ft: 279.03
  • PRICE PER Sq Ft: 279.03
  • MAIN SO: AN4851

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Central Air, Individual, Ductless
  • Heating: Forced Air, Natural Gas, Individual, Ductless
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Park, Stable(s), Golf, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1887137
  • Zoning: RS2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11480
  • Lot Size Units: Acres
  • PAGE: 363
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8179.82
  • Tax Book Number: 38006
  • Tax Lot: 62
  • Tax Map Number: 140

Multi Family

  • Gross Income: 28800
  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 4800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Mersd
  • Elementary School: Mersd
  • Middle Or Junior School: Mersd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Savory Kenneth and Savory Marcia
Bought by
Savory David K
Current Estimated Value
$889,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 24, 2019
Closed on
Apr 25, 2019
Sold by
Lower Lee H
Bought by
Savory Kenneth and Savory Marcia
Seller's Agent
Karen Bernier
Churchill Properties
Buyer's Agent
Karen Bernier
Churchill Properties
List Price
$435,000
Sold Price
$451,000
Premium/Discount to List
$16,000
3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Mar 23, 2004
Sold by
Lower Joseph A and Lower Lee H
Bought by
Lower Lee H
Source: Public Records

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
Savory David K $460,000 --
Savory David K $460,000 --
Savory Kenneth $451,000 --
Lower Lee H -- --
Lower Lee H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dahne Harrison E $519,000
Closed Dahne Harrison E $519,000
Closed Savory David K $490,000
Closed Savory David K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $865,000 0.0% $279 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $865,000 +91.8% $279 / Sq Ft
05/17/2019 05/17/19 Sold $451,000 +3.7% $215 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/24/2019 02/24/19 For Sale $435,000 -- $207 / 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 $9,359 $720,500 $302,100 $418,400
2024 $8,180 $614,100 $293,200 $320,900
2023 $8,306 $598,400 $293,200 $305,200
2022 $8,104 $516,200 $239,900 $276,300
2021 $7,606 $481,400 $218,600 $262,800
2020 $7,316 $449,136 $187,836 $261,300
2019 $6,823 $443,900 $208,700 $235,200
2018 $6,484 $413,500 $208,700 $204,800
2017 $6,281 $410,000 $208,700 $201,300
2016 $6,004 $380,700 $191,000 $189,700
2015 $5,821 $377,500 $187,800 $189,700
2014 $5,753 $377,500 $187,800 $189,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73230553

MLS Property Information Network (MLS PIN)

APN: ESSE-000140-000000-000062