RE/MAX On the River, Inc.



Posted by North Shore Real Estate Home Team on 7/16/2018


81 Herrick Road, Boxford, MA 01921

East Boxford

Single-Family

$1,099,500
Price

9
Rooms
4
Beds
3
Baths
Designed artfully, executed beautifully - The sellers tell us what drew them to this land is its privacy, sereneness, 2- story 26' X 36' BARN , outdoor area, and the proximity to Rt 95 and Village. The exquisite home was custom built in 2001 by custom/owner builder, Annecrest Bldg., and was crafted with detailed moldings, millwork, columns, a sea of hardwood floors & many more amenities. The first floor master suite was perfect, and the Seller designed the expansive room over the 3 car garage for a grand office, knowing it could be used as a Great Rm or 5th Bedroom. Being a custom builder, it was ideal for the owner to drive up to the barn and use it for storage & tinkering at the workshop tables, but his wife also had plans for storing family memorabilia, art, & extra furniture. Another thought was to use the Barn to store collectable cars, and since their family was growing, use it as an entertainment center for the grandchildren or event parties. Now it's time for your story.
Open House
Thursday
July 19 at 5:00 PM to 7:00 PM
The sellers tell us what drew them to this land is its privacy, sereneness, 2- story 26' X 36' BARN , outdoor area, and the proximity to Rt 95 and Village. This exquisite 4300 sf. home was custom built in 2001 by custom/owner builder, Annecrest Bldg, crafted with detailed moldings, millwork, columns, a sea of hardwood floors & many more amenities. The first floor master suite was perfect, and the Seller designed the expansive room over the 3 car attached garage for home office or 5th bedroom.
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Location: 81 Herrick Road, Boxford, MA 01921    Get Directions

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Categories: Open House  


Posted by North Shore Real Estate Home Team on 7/13/2018

This Condo in Peabody, MA recently sold for $340,000. This Townhouse,Garden,Low-Rise style home was sold by North Shore Real Estate Home Team - RE/MAX On the River, Inc..


12 Essex Green, Peabody, MA 01960

Condo

$319,000
Price
$340,000
Sale Price

5
Rooms
2
Beds
1/1
Full/Half Baths
~Offer Accepted ~ at this condo in the highly desirable Essex Green. Lovingly cared for second floor 2 bedroom unit features a cathedral ceiling open living room, dining area with Hardwood floors and fireplace. French Doors open out to a large screened porch overlooking a beautiful pond. Cute breakfast nook in kitchen with all New Stainless appliances. Large master suite with French doors to porch. Cathedral ceilings, new carpet & walk in California closet w full bath. Second bedroom with new carpet, half bath in hall. Laundry in Kitchen. New Heating and Central A/C in 2017. Huge basement for storage. One car detached Garage space and one additional parking spot. Walking trails. Ideally located for commuting access to highway. Near North Shore Mall, great Restaurants, medical buildings and Post office. Ready for the next owner to enjoy the sun filled unit, Just bring your patio furniture for your summer enjoyment on the porch! All offers considered by 7pm Tuesday June 5th

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Tags: Real Estate   Condo   Peabody   01960  
Categories: Sold Homes  


Posted by North Shore Real Estate Home Team on 7/11/2018

This Single-Family in Boxford, MA recently sold for $475,000. This Colonial style home was sold by North Shore Real Estate Home Team - RE/MAX On the River, Inc..


31 Depot Road, Boxford, MA 01921

Single-Family

$440,000
Price
$475,000
Sale Price

6
Rooms
3
Beds
1/1
Full/Half Baths
This delightful in-town Colonial will WOW you with its charm. Sited on 2+ acres in the heart of Boxford. and lovingly maintained by current owner for over 38 years. Visitors will immediately be welcomed by a newer front porch with composite deck. Friends and family will feel cozy while they relax in the large family room with the centrally located fireplace. Enjoy cooking and eating meals in the sunny kitchen and expanded dining room with newer windows. Newer appliances include: microwave, oven, refrigerator, washer. Gorgeous hardwood floors throughout most of the first floor and all of the sizable three bedrooms. You will be amazed by all the nooks and crannies for storage PLUS a second floor King Size walk in closet. Enjoy the enchantment of Boxford Village & its old world charm: holiday caroling & merriment as well as the famous Apple Festival. Don't miss this perfect opportunity to get into Boxford. New three bedroom septic will be installed by seller prior to closing.

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Categories: Sold Homes  


Posted by North Shore Real Estate Home Team on 7/11/2018

This Single-Family in Boxford, MA recently sold for $690,000. This Cape style home was sold by North Shore Real Estate Home Team - RE/MAX On the River, Inc..


83 Baldpate Rd, Boxford, MA 01921

Single-Family

$675,000
Price
$690,000
Sale Price

10
Rooms
4
Beds
2/2
Full/Half Baths
It doesn't get any better - Space and Sunshine! You'll find plenty of Space to grow in this over 3000sf home inviting in an abundance of sunshine from the newly installed windows. The refined renovations of this home are perfect for a busy lifestyle: new 4 bedroom septic system, new asphalt shingle roof, new master and half baths, and newer kitchen with brand new appliances, updated main bath, new two zone air conditioning, newly added chair rail, paneling, and crown moldings, refinished stained floors, new hardware throughout, fresh wall paint throughout, and exterior painted recently. Expansive living areas in the lower level sunroom and partially finished basement. To top this all off, a beautiful level lot for hobbies and recreation. An amazing home recipe for success. Showings to begin on Friday, May 18. Open Houses both Saturday & Sunday. Offers, if any, to be reviewed at noon on Wednesday, May 23.

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Categories: Sold Homes  


Posted by North Shore Real Estate Home Team on 7/10/2018

In your search for a home, there’s one option that you may be overlooking. That is the act of sharing a home with others. It can help you to divide the expenses of homeownership and even put you on a faster path to homeownership. When you do decide to share the cost of homeownership with others, there’s a few things that you should know.


There’s so many different advantages to co-buying a home with a relative, even as a married couple. You do need to make sure that the arrangement is well thought out and planned ahead of time. 


The Title


When you buy a house, you receive what’s called a title. In the case of co-ownership, it explains how the buyers are sharing the title. The way the title is set up could have consequences down the road, especially when it comes to one person exiting the house, and parting ways with the agreement.  


When Sharing A Property With A Non-Spouse


When you’re sharing the property with a non-spouse, you have a few options. These include:


Tenant In Common


With this option, there’s no need for a 50/50 split. Buyers are allowed to own unequal interests in the property. If one of the co-owners were to pass away, their ownership would be transferred to one of their beneficiaries. For this reason, tenant in common is the most popular way that buyers who are not related agree in guying a property together and take on the title.     


Joint Tenants With Right Of Survivorship


With this option, co-buyers have no option but to own equal interests in the property at hand as a 50/50 split. If you bought a home with two other people, you’d each have one-third interest in the home, and so on. If one tenant passes away, the remaining owners gain the deceased owner’s percentage of interest in the property. There’s no need for a court proceeding or probate, this happens automatically. Even if the deceased owner has a will designating their portion of the property be given to someone else, the request is null and will generally be refused.   



Both of these co-ownership options allow for an undivided interest in a property. All owners are co-owners as a part of the entire piece of property. If one owner wants to sell, for example, they would be selling their tenancy or part interest in the property.       

Important Things To Do:


  • Create a co-ownership agreement
  • Clarify who owns what percentage
  • Decide who pays the ongoing expenses
  • Give options if any owners want out in the future


You could draft one of these agreements with a qualified attorney. It’s a good idea to sit with everyone before the purchase of the property is made to talk and lay out all of the expectations. Everyone should have one of these agreements in writing, however. 


While sharing a property purchase can reduce your debt, it’s important to make smart agreements and understand whether the decision makes sense for you and all parties involved.







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