Beverly Home Prices Range Widely as $1.47 Million Sale Leads July Deeds

BEVERLY -- Fifteen properties changed hands in Beverly between June 26 and July 25, with recorded prices ranging from $30,000 to $1,472,000 and a median sale price of $610,000 among the transactions that disclosed a price.

MARKET OVERVIEW The Essex County Southern District Registry of Deeds recorded 15 Beverly property transfers during the period. Of those, nine listed a sale price, ranging from $30,000 to $1,472,000, with a median of $610,000. The remaining six transfers did not disclose a consideration amount. A count of 15 recorded deeds in a roughly one-month window reflects a typical volume of activity for the city; the data alone does not indicate whether the period was busier or slower than surrounding months.

TOP SALES The highest-priced transaction was 4 Balsam Dr Lot 12, which sold for $1,472,000 on July 22. Xiaofeng Shi was the seller and Molly-Marie Bennett the buyer. The second-highest sale was 3 Cove Ave Lot 31, which sold for $1,015,000 on July 24; John Tsoutsouris sold the property to Karen O. Culbert. At 11 Clifton Ave, Mark P. Cucinelli sold to Daniel A. Knowlton for $820,000 on July 22. The property at 40 Webster Ave Lot 1B sold for $800,000 on July 21, with Vaughan K. Weikel selling to Marissa McDonald. Rounding out the top five, 47 Elliott St sold for $610,000 on July 24, transferring from Jalbert Properties LLC to Alexis Schoenefeld.

NEIGHBORHOOD BREAKDOWN No street in the dataset recorded more than one sale, so no single-street cluster emerged this period. Sorting by price tier instead: two sales topped $1 million -- 4 Balsam Dr Lot 12 ($1,472,000) and 3 Cove Ave Lot 31 ($1,015,000). Four sales fell between $500,000 and $1 million: 11 Clifton Ave ($820,000), 40 Webster Ave Lot 1B ($800,000), 47 Elliott St ($610,000) and 7 Lothrop St ($580,000), the last selling from Morrison Family Realty Trust to Layne Jacobs on July 22. Three disclosed sales came in under $500,000: 16 Enon St ($497,641, sold by 16 Enon Street Realty LLC to RNL 2025E Owner LLC), 81 Cabot St Un 1M ($199,900, from William Curdo to Juliette Moynihan) and 85-87 Bridge St Pcl A ($30,000, from Robert Noyes II to Richard D. Dinkin). The remaining six properties -- 451 Essex St, 30 Atlantic Ave Un 2, 15 Budleigh Ave Pcl B, 15 Hillside Ave, 18 Bass River Rd Lot 9 and 17 Williams St Lot A2 -- recorded with price not disclosed.

MARKET NOTES Five of the six transfers without a disclosed price were transfers within the same family or individual name, moving property into a trust: 30 Atlantic Ave Un 2 (Isabelle D. Spalding to Isabelle D. Spalding, trustee), 15 Budleigh Ave Pcl B (Timothy E. Parachojuk to the Parachojuk Family Irrevocable Trust), 15 Hillside Ave (Anthony P. Palocci to the Anthony P. Palocci Revocable Trust), 18 Bass River Rd Lot 9 (Paul Kevin Newman to Paul Kevin Newman) and 17 Williams St Lot A2 (Matthew Ryan Groff to the Matthew Ryan Groff Living Trust). The one remaining undisclosed sale, 451 Essex St, transferred between two business entities, Fazio Enterprises Inc. and 451 Essex Street Beverly Property LLC. Bed, bath and square-footage figures are not available in deed records, so no price-per-square-foot comparison can be made this period. Two disclosed sales, at 30 Atlantic Ave Un 2 and 81 Cabot St Un 1M, are recorded as condominium units, while the rest of the disclosed sales are recorded as standalone parcels.

Recorded Deeds

Source: Registry of Deeds. Sale amounts shown as recorded; transfers without a disclosed consideration are noted as such.

Jul 20 - Jul 26

Compiled from official town feeds, community organizations, and local press. Outside reporting is attributed inline.