Last $ Drop, off market 8/31! $30+ below assessed value. Ocean front Penthouse condo with spectacular views of the ocean. Located on Lothrop St. across the street from Independence Park Beach and steps to Dane St. beach. This is a rare chance to own a part of a beautiful Victorian in one of Beverly's most desirable neighborhoods. A short walk to historic downtown. This immaculate Condo is the perfect spot for someone to enjoy vacation all year around!
CondoProperty Type
1920Year Built
$554Est. Price/Sq.Ft.
2 spacesParking
Listed by Eric Pearsall• Vernon A. Martin, Inc.
Bought with Paul Herrick• Keller Williams Realty Evolution
Quiet and serene penthouse condo with million dollar views on one of Beverly's most beautiful streets! Association has strong condo reserves. Close to commuter rail, several public beaches and parks, restaurants and shops. If you're looking for an affordable residence or a great weekend retreat, look no further!
Year
Property tax
Land + Additions
Assessment*
2023
$2,795 (−0.5%)
$248,200
2022
$2,809 (+4.2%)
$230,800
2021
$2,696 (+3.6%)
$212,300
2020
$2,602 (+8.2%)
$202,800
2019
$2,404 (+7.9%)
$182,000
2018
$2,228 (+12.6%)
$163,800
2017
$1,979 (+31.0%)
$138,600
2016
$1,511 (+2.0%)
$105,000
2015
$1,482 (+0.5%)
$105,000
2014
$1,474 (+3.8%)
$104,100
2013
$1,420 (+5.2%)
$104,100
2012
$1,350 (+8.0%)
$104,100
2011
$1,250 (−30.8%)
$100,700
2010
$1,807 (+2.2%)
$155,400
2009
$1,768
$162,800
Tax history for 56 Lothrop St #5
Year
Property tax
Land + Additions
Assessment*
2023
$2,795 (−0.5%)
$248,200
2022
$2,809 (+4.2%)
$230,800
2021
$2,696 (+3.6%)
$212,300
2020
$2,602 (+8.2%)
$202,800
2019
$2,404 (+7.9%)
$182,000
2018
$2,228 (+12.6%)
$163,800
2017
$1,979 (+31.0%)
$138,600
2016
$1,511 (+2.0%)
$105,000
2015
$1,482 (+0.5%)
$105,000
2014
$1,474 (+3.8%)
$104,100
2013
$1,420 (+5.2%)
$104,100
2012
$1,350 (+8.0%)
$104,100
2011
$1,250 (−30.8%)
$100,700
2010
$1,807 (+2.2%)
$155,400
2009
$1,768
$162,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
616
Year built
1920
Style
Condo/Co-op
County
Essex County
APN
4180731
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
R6
One Family And Two Family Residential District
The R-6 One-Family and Two-Family District is established to provide for single-family and two-family residences at urban density on small-sized lots minimum of 6,000 sq ft. Related recreational, agricultural, and educational facilities are allowed under special conditions.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Housing-Multiple units
Museum / gallery
Property details
Parking
Parking Information
Parking Spaces: 2
Parking Features: Tandem
Interior
Master Bedroom Information
Area: 120
Length: 10
Width: 12
Level: Third
Features: Ceiling Fan(s)
Bathroom Information
# of Bathrooms (Full): 1
Bathroom #1 Information
Area: 28
Length: 4
Width: 7
Level: Third
Living Room Information
Area: 270
Length: 15
Width: 18
Level: Third
Kitchen Information
Area: 90
Length: 9
Width: 10
Level: Third
Features: Ceiling Fan(s)
Basement Information
Basement: Y
Interior Features
# of Rooms (Total): 3
Window Features: Insulated Windows
Flooring: Laminate
Exterior
Building Information
Building Name: Hitching Post Condominiums
Building Area (Total): 616
Stories (Total): 1
Year Built Source: Public Records
Year Built Effective: 1989
Year Built Details: Renovated Since
Exterior Features
Roof: Shingle
Property Information
PropertySubType: Condominium
Common Walls: No One Above
Entry Level: 3
Green Energy Efficient : Thermostat
Financial
Tax Information
Tax Annual Amount: $1,768
Tax Year: 2009
Utilities
Utility Information
Utilities: for Electric Range
Sewer: Public Sewer
Water Source: Public, City/Town Water, City/Town Sewer