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50 Rantoul St # 502, Beverly MA 01915

Beverly, MA 01915
$530,000
2
Beds
1.5
Baths
1,479
Sq Ft
$358
Price/Sq Ft
1988
Year Built
1
Parking
10
Days on Market
Closed Listed Jun 10, 2025 • MLS# 73388765 Copied! • Updated Jul 9, 2025

Sale Statistics

Sale Overview
Original List Price: $499,900
Final Sale Price: $530,000
Difference: +$30,100 (+6.0%)
Performance Metrics
106.0%
List to Sale Ratio
Sold above asking price
10
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $338
Sale $/sq ft: $358
This property sold for $358 per square foot
Sale Summary

This property sold for 6.0% above the original asking price, indicating strong buyer demand.

With only 10 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 3 similar properties sold within 0.5 miles in the last 90 days

This Property
$358/sq ft
Area Average
$3/sq ft
Difference
+10,868.3%

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

About this home

One of the largest units in the complex, this top-floor LOFT-style Penthouse at The Gateway in vibrant Downtown Beverly offers both space and style. Professionally managed community that has seen major improvements: completely redesigned /upgraded interior common areas, Updated fire safety systems/sprinkler pumps, elevators, newly equipped fitness center, refreshed roof deck (South), in-ground pool updates. New windows in this unit for energy efficiency & light. Soaring 15ft ceilings, exposed brick, oversized windows. Two bedrooms with great closet space & 1 ½ baths. The versatile loft is a perfect office, media, or guest room. Upgraded granite kitchen with premium cabinetry & full appliance suite, updated bathrooms, in-unit laundry and assigned parking.Minutes to the commuter rail, parks, restaurants, and the waterfront! Open Houses: Friday, 6/13 4–5:30 PM Saturday, 6/14 from 10:30 AM–12 Noon Offers due: Monday, 6/16 by 2:00 PM (please allow 24 hours for response)

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Recently Sold Nearby

Property History

Market Insights

46.2%
Price Range
11
Total Days on Market
1
Previous Sales

Property Timeline

Sold
Jul 9, 2025
$530,000
Property sold
Days on Market: 11
🏠
Listed for Sale
Jun 10, 2025
$499,900
Original listing
Agent: Sarah MacBurnie Office: Ocean's Edge Real Estate
Previous Transaction - MLS #71805585
Full transaction history available when tracking began
🏷️
Previously Sold
May 13, 2015
$285,000
MLS #71805585

Tax History

Year Taxes Assessment
2025 $4,973 $452,500

Financial Details

Annual Property Tax
$4,973
Tax Year 2025
HOA Fee
$695
Monthly
Assessed Value
$452,500

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1988
Living Area 1,479 sq ft
Bedrooms 2
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Central, Electric
Cooling Central Air
Flooring Wood, Tile, Carpet, Flooring - Wall To Wall Carpet
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Second Floor, Electric Dryer Hookup
Features Loft

Exterior

Construction Brick
Architecture None
Roof None
Features Deck - Roof + Access Rights, Professional Landscaping
Pool Association, In Ground
Spa None
Fencing None
Patio/Porch Deck - Roof + Access Rights
Features Assigned, Guest
Total Spaces 1
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Dryer
Annual Tax $4,973
Assessed Value $452,500

HOA & Community

HOA Fee $695 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities Pool, Elevator(s), Fitness Center, Clubroom
Optional Fee Includes None
Owner-Occupied Units 132
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type ["Townhouse","Mid-Rise","Loft"]
Unit/Building 502
Sq Ft Source Public Record
Documents Master Deed, Rules & Regs (2)
County Essex
Total market time (incl. prior listings) 11 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1988
Bedrooms
2
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,479 sq ft
Total Rooms
6
Stories
1
Entry Level
5

Room Details

First Floor

Bathroom1
Bathroom - Full, Bathroom - With Tub & Shower
Dining Room
Flooring - Wood
Kitchen
Flooring - Wood, Countertops - Stone/Granite/Solid
Bathroom2
Bathroom - Half
Bedroom2
Closet, Flooring - Wall to Wall Carpet
Living Room
Flooring - Wood
Master Bedroom
Closet, Flooring - Wall to Wall Carpet

Other Floor

Bedroom5
Bedroom4
Bedroom3
Bathroom3
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Carpet, Flooring - Wall to Wall Carpet
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Loft
Windows: Insulated Windows
Basement: N
Laundry: Second Floor, Electric Dryer Hookup
Security: Intercom

Construction & Materials

Year Built: 1988
Structure Type: Townhouse, Mid-Rise, Loft
Exterior Materials: Brick
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Central, Electric
Cooling: Central Air
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Deck - Roof + Access Rights, Professional Landscaping
Patio & Porch: Deck - Roof + Access Rights
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Assigned, Guest

Nearby Schools

School information not available for this location.

Location

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Neighborhood

50 Rantoul St # 502, Beverly MA 01915

Beverly, MA 01915

Listing Information

Listing Agent Sarah MacBurnie
Listing Office Ocean's Edge Real Estate
Office Phone 978-238-8026
Agent MLS ID C8000035
Office MLS ID AN8447
Listing Data Updated Jul 9, 2025 1:55 PM EDT
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

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