NOT LISTED FOR SALE

Estimated Value: $2,911,000 - $3,238,000

6 Beds
3.5 Baths
5,414 Sq Ft
$557/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $2,900,000 $536 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $19,226/month

7 Days on Market

Highlights

  • Marina
  • Medical Services
  • Waterfront
  • Golf Course Community
  • Scenic Views
  • 0.63 Acre Lot

About This Home

As of October 2022

A once in a lifetime opportunity to own an ICONIC oceanfront property along Beverly's desirable waterfront! This stately brick estate & one of the most impressive homes in Beverly is being offered for sale for the first time in 60+ years. Relax and enjoy unobstructed views of the Atlantic on the covered stone terrace or throw a grand lawn party on the perfectly manicured yard/patio surrounded by mature landscaping. Meticulously preserved & maintained, this 6 beds, 3.5 bath home features high ceilings on all three levels, exceptionally spacious rooms, detailed millwork & loaded with old world charm & character that would be challenging to replicate today. The main level offers a front to back formal LR & library with back-to-back FPs, wood archways, wainscoting & coffered ceilings. Create your dream kitchen with impeccable views of the ocean with the flexible floor plan. Enjoy a 4-car attached garage and ample storage in the lower level. Make 89 Lothrop Street your dream home!

Last Agent to Sell the Property

Ngoc Anh Goldstein

Leading Edge Real Estate Listed on: 09/05/2022

Leading Edge Real Estate

Last Buyer's Agent

Pamela Spiros

Coldwell Banker Realty - Beverly

Coldwell Banker Realty - Beverly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,108

Year Built

  • Built in 1912

Lot Details

  • 0.63 Acre Lot
  • Waterfront
  • Stone Wall
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Property is zoned R10

Parking

  • 4 Car Attached Garage
  • Tuck Under Parking
  • Side Facing Garage
  • Garage Door Opener
  • Stone Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Federal Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 5,414 Sq Ft Home
  • Crown Molding
  • Wainscoting
  • Coffered Ceiling
  • Arched Doorways
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Utility Room with Study Area
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet
  • Bathtub Includes Tile Surround

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Various Elementary School
  • BMS Middle School
  • BHS High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Oil Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:0006 B:0031 L:,4180821

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,108

Year Built

Built in 1912

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Federal
  • Year Built: 1912
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Bathroom - Full, Bathroom - With Tub, Closet, Ceiling - Coffered, Closet/Cabinets - Custom Built, Wainscoting, Archway, Bathroom, Bedroom, Bonus Room, Study, Sun Room
  • Fireplace Features: Dining Room, Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 5
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Range Hood, Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Room Bedroom2 Area: 192
  • Room Bedroom3 Features: Fireplace, Walk-In Closet(s), Flooring - Hardwood
  • Room Bedroom3 Area: 340
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Area: 272
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Closet, Flooring - Hardwood
  • Room Bedroom5 Level: Third
  • Room Bedroom5 Features: Closet, Flooring - Hardwood
  • Room Bedroom5 Area: 320
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Main Level Bathrooms: 1
  • Total Bathrooms: 3.5
  • Room Master Bedroom Features: Closet, Flooring - Hardwood
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 288
  • Bathroom 1 Area: 30
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Second
  • Bathroom 2 Area: 112
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Tiled With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 3 Level: Second
  • Bathroom 3 Area: 72
  • Room Dining Room Features: Coffered Ceiling(s), Flooring - Hardwood, Exterior Access, Wainscoting, Crown Molding
  • Room Dining Room Level: Main
  • Room Dining Room Area: 352
  • Room Family Room Level: Main
  • Room Family Room Features: Walk-In Closet(s), Closet/Cabinets - Custom Built, High Speed Internet Hookup, Wainscoting, Storage
  • Room Family Room Area: 380
  • Room Kitchen Level: Main
  • Room Kitchen Features: Stainless Steel Appliances
  • Room Kitchen Area: 80
  • Laundry Features: Laundry Closet, Flooring - Wall to Wall Carpet, Electric Dryer Hookup, Washer Hookup, Second Floor
  • Room Living Room Level: Main
  • Room Living Room Area: 408
  • Room Living Room Features: Coffered Ceiling(s), Flooring - Hardwood, Exterior Access, Wainscoting, Archway, Crown Molding
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Living Area: 5414
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 460.84
  • PRICE PER Sq Ft: 535.65
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Professional Landscaping, Sprinkler System, Stone Wall
  • Construction Materials: Brick
  • Foundation Details: Stone
  • Patio And Porch Features: Porch - Enclosed, Screened, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Under, Garage Door Opener, Garage Faces Side, Off Street, Driveway, Stone/Gravel
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Steam, Oil, Fireplace
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:0006 B:0031 L:,4180821
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.63
  • Lot Size Area: 0.63
  • Lot Size Sq Ft: 27630
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 21108
  • Tax Book Number: 0

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Bhs
  • Elementary School: Various
  • Middle Or Junior School: Bms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Burrill Jay H and Burrill Sharon L
Bought by
Burrill Ft and Burrill
Total Days on Market
7
Current Estimated Value
$3,016,241

Purchase Details

Closed on
Apr 16, 2024
Sold by
Herbert Gayle R
Bought by
Gayle R Herbert Ft and Herbert

Purchase Details

Closed on
Dec 12, 2012
Sold by
Lohr Dean and Lohr Ann E
Bought by
Dean Lohr Ret and Lohr
Source: Public Records

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Range of Values:

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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
Burrill Ft -- None Available
Burrill Ft -- None Available
Gayle R Herbert Ft -- None Available
Gayle R Herbert Ft -- None Available
Dean Lohr Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herbert Gayle R $1,740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $2,900,000 +16.2% $536 / Sq Ft
09/13/2022 09/13/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $2,495,000 -- $461 / 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 $28,495 $2,592,800 $1,536,500 $1,056,300
2024 $29,405 $2,618,400 $1,505,300 $1,113,100
2023 $21,867 $1,942,000 $1,073,400 $868,600
2022 $21,108 $1,734,400 $865,800 $868,600
2021 $20,333 $1,601,000 $824,300 $776,700
2020 $20,034 $1,561,500 $784,800 $776,700
2019 $19,713 $1,492,300 $747,500 $744,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73032228

MLS Property Information Network (MLS PIN)

APN: BEVE M:0006 B:0031 L: