C. 1950, 8 rm, 3 bdrm, 1 bathroom Cape with 1 1/2 car oversized garage and separate shed. There is a Family room and Sun rm could be an office. Lots of potential for a flipper, builder or renovation specialist. Needs work & will not pass conventional, FHA/VA loan guidelines. Heat & water are off. Superb location with some peeks of the Bass River. 4/10's of a mile to the Train Station. Easy access to thriving Downtown Beverly. Sale is subject to Personal Representative being granted a License to Sell. Closing 10 days after License to Sell is granted (see required offer language in Firm remarks below).Closing date to be 10 days after License to Sell is granted by Probate & Family Court. Empty & Easy to see before and after the open house. Open House Saturday 1/4/2025, 1-2:30 PM & Sunday 1/5/2025,1-2:30. Offers due Weds (1/8/25) at 5 PM. Seller will reply by Thursday (1/9/25) by 4 PM.
Sale Statistics
Sale Overview
Original List Price:$499,000
Final Sale Price:$425,000
Difference:
$74,000 (-14.8%)
Performance Metrics
85.2%
List to Sale Ratio
Sold below asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$446
Sale $/sq ft:$380
This property sold for $380 per square foot
Sale Summary
This property sold for 14.8% below the original asking price.
With only 19 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Single Family Residence
Property Category
Residential
Year Built
1950
Bedrooms
3
Full Bathrooms
1
Living Area
1,118 sq ft
Total Rooms
8
Main Level Bedrooms
1
Interior Features
Flooring
Wood, Tile, Vinyl, Stone / Slate, Flooring - Stone/Ceramic Tile
Heating
Forced Air, Oil
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Gas Water Heater, Water Heater, Range
Interior Features
Sun Room
Basement Details
Full
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Architectural Style
Cape
Roof
Shingle
Foundation
Block
Foundation Area
660 sq ft
Exterior Features
Storage
Has Spa
No
Waterfront Features
Beach Access, Ocean, Unknown To Beach, Beach Ownership(Public)
Waterfront Property
No
Lot & Land
Lot Size
0.23 acres
Lot Size
10,001 sq ft
Lot Size Area
0.2300
Lot Features
Corner Lot, Gentle Sloping
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Total Non-Garage Parking Spaces
4
Parking Features
Detached, Garage Faces Side, Paved Drive, Off Street, Driveway, Paved
Covered Parking Spaces
1
Utilities & Systems
Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers, 100 Amp Service
Community & HOA
Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Other
HOA
No
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$6,141
Tax Year
2025
Tax Assessed Value
$558,800
Parcel Number
M:0010 B:0202 L:,4181795
Zoning
R10
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Attached Property
No
Disclosures
The nearby bridge is temporarily closed to vehicular traffic but will remain open to walking. See attached document labeled "temporary bridge". Also see attached "Sketch of Temporary Easements".
Exclusions
Labeled Containers In Garage Will Be Removed By The 2nd Week Of January 2025.
