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16 Foster Street

16 Foster Street, Beverly, MA 01915
House in Beverly
Sold Jul 27, 2022
$452,000
$296,000 by Draper And Kramer Mortgage Cor
Mortgage Due Jul 27, 2052
Sold Sep 03, 2020
$385,000
$352,563 by Salem Five Mortgage Corp
Mortgage Due Oct 01, 2050
Local assessors in Beverly, MA have categorized 16 Foster Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 18,352 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16 Foster Street has a total of 572 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16 Foster Street was last sold in Jul 27, 2022 for $452,000. According to our calculations, that's $790.21 per sqft. Prior to that sales transaction, the property was sold for $385,000 in Jul 28, 2020. Current property owners are expected to pay $5,043 in taxes per year. The property on 16 Foster Street was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $449,100. To break that down further, the land itself was valued at $327,100. While improvements to the property were assessed at a total of $122,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front
Waterfront

Parking

Off Street Parking

Condition

Wooded Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 272
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,352
  • Total Building Area: 572
  • Gross Building Area: 1,176
  • Building Area: 572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 572
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.421
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HANLON APRIL R
  • Previous Owner : BOURGEOIS JAMES E
  • Owner Before Previous Owner: SPENCER DANIEL J
  • Owner Before Previous Owner 2: SPENCER MARY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beverly School District
  • School Tax School District: BEVERLY SD
  • Census Tract: 217601

Zoning

  • Zoning: R22

Geography

  • Account Number: R22
  • Parcel: BEVE M:0046 B:0012 L:
  • Block: 12
  • Municipality: BEVERLY
  • Latitude: 42.5665
  • Longitude: -70.8502

    Address

  • Full Address: 16 Foster St
  • Address - House Number: 16
  • Address - Street Name: Foster
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C035
  • 4-Digit Zip Code: 2016
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,043

    Appraisal Valuation

  • Standard Deviation: 0.1751
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 77
  • Final Value: 538,861
  • High Value: 633,235
  • Low Value: 444,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Loan Amount: $296,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 27, 2052

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $449,100
  • Assessed Land Value: $327,100
  • Assessed Improvements Value: $122,000

    Sales

  • Current Sale Contract Date: Jul 27, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Transaction ID: 11893683543
  • Current Sale Price: $452,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 20220727001810
  • Previous Sale Recording Date: Sep 03, 2020
  • Previous Sale Contract Date: Jul 28, 2020
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER AND KRAMER MORTGAGE COR
  • First Mortgage Transaction Date: Jul 27, 2022
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: SALEM FIVE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 03, 2020
  • Previous Mortgage Loan Amount: $352,563
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About Beverly



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Frequently Asked Questions

What neighborhood is 16 Foster Street located in?
The 16 Foster Street is a house located in the neighborhood of Beverly in Beverly, Beverly.
What is the average sales price for listings in 16 Foster Street?
The average sales price for units in 16 Foster Street is $0 currently.

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