NOT LISTED FOR SALE

Estimated Value: $732,000 - $885,158

4 Beds
2 Baths
2,224 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: December 23, 2016

Last sale price $405,000 $182 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,972 / mo

22 Days on Market

About This Home

As of December 2016

This well maintained TWO family is just steps to Cabot Street, Montserrat College of Art, and downtown shops and restaurants. Sunny 2 bedroom units with eat-on kitchens, builtins and newer windows. Wonderful extra large fenced-in backyard is a gem so close to downtown! Excellent rental income history as is. Roof was done is 2012, new heating systems in 2013, as part of a gas conversion, updated electrical, extensive insulation done, deck refinished, two washer and dryer units. Close to Dane Street Beach, Beverly Common, and the Commuter Rail to Boston. Great for owner-occupied or an investment.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 09/26/2016

Last Buyer's Agent

Ready Team

Century 21 Your Way

Century 21 Your Way

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Lot Description: Fenced/Enclosed, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Marina, Private School, Public School, T-Station, University
  • Electric: 220 Volts
  • Energy: Partial
  • Flooring: Wood, Wall to Wall Carpet, Other (See Remarks)
  • Basement: Full, Interior Access, Bulkhead
  • Total Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Wood
  • Exterior Features: Deck, Fenced Yard
  • Foundation: Fieldstone
  • Beach: Ocean

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0011 B:0380 L:
  • Zoning: R6

Multi Family

  • APOD Available: Yes
  • Common Room: Laundry
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Dec 22, 2016
Sold by
Lutts Peter
Bought by
Huq Sayema
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Ready Team
Century 21 Your Way
List Price
$414,900
Sold Price
$405,000
Premium/Discount to List
-$9,900
-2.39%
Current Estimated Value
$796,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,540
Avg. Annual Appreciation
7.56%
Original Mortgage
$303,750
Outstanding Balance
$241,751
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$554,789

Purchase Details

Closed on
May 26, 2015
Sold by
Lutts Peter
Bought by
Lutts Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2011
Sold by
Lutts Peter
Bought by
Lutts Peter and Lutts Robert T

Purchase Details

Closed on
May 28, 2010
Sold by
Charnock Street Inc
Bought by
Lutts Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2007
Sold by
Steiner Amy and Steiner Kurt
Bought by
Charnock St Inc

Purchase Details

Closed on
Mar 1, 2002
Sold by
Sullivan Timothy
Bought by
Steiner Amy and Steiner Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,800
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1999
Sold by
Colella June
Bought by
Sullivan Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,896
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1996
Sold by
Page Robert and Page Nina
Bought by
Colella June
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
Huq Sayema $405,000 --
Lutts Peter -- --
Lutts Peter -- --
Lutts Peter $297,000 --
Charnock St Inc -- --
Steiner Amy $321,000 --
Sullivan Timothy $184,000 --
Colella June $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huq Sayema $303,750
Previous Owner Lutts Peter $333,750
Previous Owner Colella June $222,750
Previous Owner Colella June $256,800
Previous Owner Colella June $183,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2016 12/23/16 Sold $405,000 +3.9% $182 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
10/13/2016 10/13/16 Price Changed $389,900 -2.5% $175 / Sq Ft
10/10/2016 10/10/16 Price Changed $399,900 -3.6% $180 / Sq Ft
09/26/2016 09/26/16 For Sale $414,900 -- $187 / 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 $8,188 $745,000 $438,000 $307,000
2024 $7,736 $688,900 $381,900 $307,000
2020 $6,460 $503,500 $241,500 $262,000
2019 $6,059 $458,700 $220,900 $237,800
2018 $5,099 $374,900 $164,700 $210,200
2017 $4,548 $318,500 $121,700 $196,800
2016 $4,251 $295,400 $121,700 $173,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72073000

MLS Property Information Network (MLS PIN)

APN: BEVE-000011-000380

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