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123 Water St # 48, Beverly MA 01915

Beverly, MA 01915
$540,000
2
Beds
2
Baths
1,115
Sq Ft
$484
Price/Sq Ft
1985
Year Built
1
Garage Space
58
Days on Market
Closed Listed Sep 10, 2020 • MLS# 72723713 Copied! • Updated Dec 16, 2020

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 2 similar properties sold within 0.5 miles in the last 90 days

This Property
$484/sq ft
Area Average
$4/sq ft
Difference
+13,629.1%

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

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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Recently Sold Nearby

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

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

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
Garage Spaces 1
Has Garage Yes
Features Under, Off Street
Total Spaces 2
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $5,131
Assessed Value $399,900

HOA & Community

HOA Fee $643
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool
Optional Fee Includes None
Pets Yes w/ Restrictions
Seller Disclosures Additional Monthly Fee Of $92.71 Through 2029 For Association Seawall Repair Loan.
Possession None
Accepted Financing None
Structure Type ["Townhouse","Mid-Rise"]
Unit/Building 48
Sq Ft Source Field Card
Documents Master Deed, Rules & Regs, Management Association Bylaws, Association Financial Statements (4)
County Essex
Total market time (incl. prior listings) 60 days

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

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Dryer Hookup - Electric, Washer Hookup
Kitchen
Flooring - Wood, Countertops - Stone/Granite/Solid, Cabinets - Upgraded
Bedroom2
Ceiling Fan(s), Closet, Flooring - Wood, Window(s) - Bay/Bow/Box
Living Room
Ceiling Fan(s), Vaulted Ceiling(s), Closet, Flooring - Wood, Balcony / Deck

Second Floor

Bathroom2
Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded
Master Bedroom
Ceiling Fan(s), Walk-In Closet(s), Closet, Flooring - Hardwood

Other Floor

Bedroom5
Bedroom4
Bedroom3
Dining Room
Bathroom3
Office
Family Room
Master Bathroom
Yes

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
School District
Beverly School District local
B+
School Safety 2024-25
1.3% Average
1.3% Suspensions 1.3% In-School
4.2% below state avg
E

Elementary Schools

10 schools
Children's Center for Communication School
1.3 mi
Grades PK-12
Landmark School
1.9 mi
Grades PK-12
Harborlight-Stoneridge Montessori School
1.9 mi
Grades PK-08
The Saints Academy
2.0 mi
Grades PK-08
Shore Country Day School
2.0 mi
Grades PK-09
Hopeful Journeys Educational Center
2.3 mi
Grades PK-12
New England Academy School
3.0 mi
Grades 05-12
Waldorf School at Moraine Farm
3.0 mi
Grades PK-08
Glen Urquhart School
3.8 mi
Grades K-08
A-
Ayers/Ryal Side School
0.9 mi | #174 of 824 | Score: 56.2
Dropped 121 spots from last year
-2 below state avg
388 students Less Diverse
Grades K-04
M

Middle Schools

1 school
B+
Beverly Middle School
1.8 mi | #140 of 352 | Score: 45.2
Improved 24 spots from last year
-13.1 below state avg
1,388 students Moderate
Rising School
Grades 05-08
H

High Schools

2 schools
Waring School
2.7 mi
Grades 06-12
B
Beverly High School
1.7 mi | #149 of 346 | Score: 55.7
Dropped 39 spots from last year
-2.5 below state avg
1,213 students Moderate
17 sports • 1,774 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
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Location

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Neighborhood

123 Water St # 48, Beverly MA 01915

Beverly, MA 01915

Listing Information

Listing Agent Kathleen Demarkles Essler
Listing Office J. Barrett & Company
Office Phone 978-922-3683
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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