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123 Water St # 48, Beverly MA 01915

Beverly, MA 01915
$540,000
Est. $4,001/month
2
Beds
2
Baths
1,115
Sq Ft
$484
Price/Sq Ft
1985
Year Built
58
Days on Market
Closed Listed Sep 10, 2020 • MLS# 72723713 Copied!

About this home

NEW! Working at home? Imagine a location with all the urban conveniences plus the tranquility of the sun glistening on the waves! This renovated 2 bed/2 bath townhouse at Tuck Point is one of a kind and checks all the boxes! DIRECT OCEANFRONT...RARE END UNIT WITH EXTRA WINDOWS (INCLUDING BAY WINDOW) OVERLOOKING THE WATER...SEMI-PRIVATE ENTRANCE, HALLWAY AND GARAGE...OPEN FLOORPLAN WITH DRAMATIC VAULTED CEILING AND SKYLIGHTS...HUGE LOFT WITH VIEWS...BALCONY...EXTRA GARAGE STORAGE...and INCREDIBLE SUNSET VIEWS! You’ll love the welcomed distraction of watching the ever-changing activity on the harbor, the marinas and at the onsite pool. Just a 2 minute walk to a sandy beach, public boat ramp, marinas and Jubilee Yacht Club. Restaurants, beaches, parks, commuter rail and Salem all very nearby . Relax, rejuvenate and enjoy the harbor activity and this great Seaside Lifestyle!

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1985
Bedrooms
2
Full Bathrooms
2
Living Area
1,115 sq ft
Total Rooms
5
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $599,900
Final Sale Price: $540,000
Difference: $59,900 (-10.0%)
Performance Metrics
90.0%
List to Sale Ratio
Sold below asking price
58
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $538
Sale $/sq ft: $484
This property sold for $484 per square foot
Sale Summary

This property sold for 10.0% below the original asking price.

The property spent 58 days on market before selling.

Nearby Sales Comparison

Based on 4 similar properties sold within 0.5 miles in the last 90 days

This Property
$484/sq ft
Area Average
$187/sq ft
Difference
+158.3%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1985
Living Area 1,115 sq ft
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric Baseboard, Electric, Wall Furnace
Cooling Wall Unit(s)
Flooring Wood, Tile, Hardwood, Flooring - Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry In Unit
Features Loft

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Balcony
Pool Association
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,131
Assessed Value $399,900

Interior Features

Flooring: Wood, Tile, Hardwood, Flooring - Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features: Loft
Windows:
Basement: N
Laundry: In Unit
Security: Intercom

Construction & Materials

Year Built: 1985
Structure Type: Townhouse, Mid-Rise
Exterior Materials: Frame
Roof: Shingle
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric, Wall Furnace
Cooling: Wall Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 2
Parking Features: Under, Off Street

Special Features

Waterfront: Yes
Waterfront Type: Waterfront, Ocean, Sound, Harbor, Harbor, Ocean, Sound, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Location

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Neighborhood

123 Water St # 48, Beverly MA 01915

Beverly, MA 01915

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $428
Homeowners Insurance $200
HOA Fee $643/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

28.9%
Price Range
60
Total Days on Market
1
Previous Sales

Property Timeline

Previous Transaction - MLS #73369364
Full transaction history available when tracking began
🏷️
Previously Sold
Jul 15, 2025
$760,000
MLS #73369364
Sold
Dec 15, 2020
$540,000
Property sold
Days on Market: 60
🏠
Listed for Sale
Sep 10, 2020
$549,000
Original listing
Agent: Kathleen Demarkles Essler Office: J. Barrett & Company

Price & Status History

Date Event Price Change
Jul 15, 2025 Sold $760,000
Sep 10, 2020 New Listing Added $549,000

Market Statistics

Days on Market
58 days
Price per Sq Ft
$484

Tax History

Year Taxes Assessment
2020 $5,131 $399,900

Financial Details

Annual Property Tax
$5,131
Tax Year 2020
HOA Fee
$643
Per month
Assessed Value
$399,900

Listing Information

Listing Agent Kathleen Demarkles Essler
Listing Office J. Barrett & Company
Agent MLS ID C7737808
Office MLS ID AC2087
Listing Data Updated Dec 16, 2020 8:26 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Beverly, MA

Real-time market trends and pricing data for this area

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