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7 Mechanic Street

7 Mechanic Street, Beverly, MA 01915
Property in Beverly
Sold Mar 26, 2007
$315,000
$262,000 by Salem Five Mtg Co
Mortgage Due Sep 01, 2032
Sold Oct 13, 2006
$315,000
$252,000 by Taylor Bean&whitaker
Mortgage
7 Mechanic Street in Beverly, MA was first built in 1874 and is 150 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7 Mechanic Street has 1,625 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,564 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Jan 1, 1970 for $315,000. That's $193.85 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $315,000. 7 Mechanic Street was last assessed in 2024. The total value of the property was assessed at $514,700. Specifically, the land the property is located on was valued at $294,800. While improvements on the property were assessed at a total of $219,900. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,780. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1874
  • Effective Year Built: 1874
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 620
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,564
  • Total Building Area: 1,625
  • Gross Building Area: 3,236
  • Building Area: 1,625
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,625
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MCFADDEN MICHAEL A
  • Previous Owner : CHOUINARD SANDRA B
  • Owner Before Previous Owner: CHOUINARD SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Beverly School District
  • School Tax School District: BEVERLY SD
  • Census Tract: 217300

Zoning

  • Zoning: RHD

Geography

  • Account Number: RHD
  • Parcel: BEVE M:0011 B:0360 L:
  • Block: 360
  • Municipality: BEVERLY
  • Latitude: 42.5526
  • Longitude: -70.8803

    Address

  • Full Address: 7 Mechanic St
  • Address - House Number: 7
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Beverly
  • Carrier Code: C002
  • 4-Digit Zip Code: 3313
  • Zip Code: 01915

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,780

    Appraisal Valuation

  • Standard Deviation: 0.2181
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 662,091
  • High Value: 806,553
  • Low Value: 517,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: SALEM FIVE MTG CO
  • First Open Lien Mortgage Recording Date: Sep 22, 2017
  • First Open Lien Mortgage Loan Amount: $262,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2032

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $514,700
  • Assessed Land Value: $294,800
  • Assessed Improvements Value: $219,900

    Sales

  • Current Sale Recording Date: Mar 26, 2007
  • Current Sale Transaction ID: 1085774580
  • Current Sale Price: $315,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Oct 13, 2006
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN&WHITAKER
  • Previous Mortgage Transaction Date: Oct 13, 2006
  • Previous Mortgage Loan Amount: $252,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 7 Mechanic Street located in?
The 7 Mechanic Street is a located in the neighborhood of Beverly in Beverly, Beverly.
What is the average sales price for listings in 7 Mechanic Street?
The average sales price for units in 7 Mechanic Street is $0 currently.

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