NOT LISTED FOR SALE

118 Atlantic Ave Swampscott, MA 01907

Estimated Value: $1,430,068 - $1,620,000

5 Beds
5 Baths
4,225 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $969,000 $229 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,639/month

3 Days on Market

Highlights

  • Spa
  • Landscaped Professionally
  • Wood Flooring
  • Swampscott High School Rated A-
  • Covered Deck
  • Fenced Yard

About This Home

As of April 2019

Your best times are all ahead of you from the moment you enter this stately and welcoming, freshly painted 5BR home just blocks from the beach. The entry foyer showcases graciously proportioned rooms and bright and open spaces.Distinctive details are naturally lit by grand oversized windows. Host your friends around the fireplace in the impressive great room or use the banquet sized dining room as your family room/media center for more casual times. Enjoy the modern chef's kitchen, warmed by wooden floors - its large and comfortable and well appointed. Four spacious bedrooms and a new master bath are located atop the beautiful stairway. A 5th bedroom and some finished spaces are located on the top level, offering a place for everyone and everything. You wont believe the magnificent sprawling yard. Best of all is the impossible to find 3 car garage safely tucked behind the automatic gates ready to keep your favorite toys. Living here is an extraordinary experience.It's fun and fabulous!

Last Agent to Sell the Property

Hilary Foutes

Sagan Harborside Sotheby's International Realty Listed on: 03/07/2019

Last Buyer's Agent

Kathleen Murphy

Gibson Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,603

Year Built

  • Built in 1905

Lot Details

  • Year Round Access
  • Fenced Yard
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned A1

Parking

  • 3 Car Garage

Interior Spaces

  • Window Screens
  • French Doors
  • Dryer
  • Basement

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone
  • Tile

Outdoor Features

  • Spa
  • Covered Deck
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Water Holding Tank
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Security Service

Listing and Financial Details

  • Assessor Parcel Number M:0029 B:027A L:0

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,603

Year Built

Built in 1905

Lot Details

0

Parking

3

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 234.08
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1905

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Stone / Slate
  • Interior Amenities: Security System, Cable Available, French Doors
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Dryer
  • No Bedrooms: 5
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Flooring - Stone/Ceramic Tile, Cable Hookup, Lighting - Overhead, Crown Molding, Closet - Double
  • Bedroom 2: On Level: Second Floor, Ceiling Fan(s), Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Ceiling Fan(s), Flooring - Hardwood, Beadboard, Crown Molding
  • Bedroom 4: On Level: Second Floor, Ceiling Fan(s), Closet, Flooring - Hardwood, Crown Molding
  • Bedroom 5: On Level: Third Floor, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Main Level, Lighting - Overhead
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Marble, Remodeled
  • Bathroom 3: On Level: Second Floor, Bathroom - Full, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Flooring - Hardwood, French Doors, Main Level, Lighting - Overhead, Crown Molding
  • Family Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Lighting - Overhead
  • Kitchen: On Level: First Floor, Closet, Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Main Level, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Recessed Lighting, Remodeled, Stainless Steel Appliances, Gas Stove, Lighting - Pendant, Lighting - Overhead
  • Laundry: On Level: First Floor, Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Main Level, Lighting - Sconce
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood, Main Level, Archway, Crown Molding
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor
  • Other Room 1: Name: Bathroom, On Level: Second Floor, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Other Room 2: Name: Bathroom, On Level: Third Floor, Bathroom - Half, Flooring - Hardwood
  • Other Room 3: Name: Home Office, On Level: Third Floor, Skylight, Flooring - Wall to Wall Carpet
  • Other Room 5: Name: Sun Room, On Level: First Floor, Flooring - Hardwood, Main Level, Lighting - Overhead
  • Other Room 6: Name: Foyer, On Level: First Floor, Flooring - Stone/Ceramic Tile, Main Level, Lighting - Overhead, Crown Molding
  • Main Lo: AN4471
  • Main So: AN4471
  • Estimated Sq Ft: 4225.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Frontage: 123.00
  • Construction: Frame, Timber Frame
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Stucco
  • Exterior Features: Porch, Deck - Composite, Covered Patio/Deck, Gutters, Hot Tub/Spa, Professional Landscaping, Sprinkler System, Screens, Fenced Yard
  • Foundation: Fieldstone, Brick
  • Insulation Feature: Mixed

Garage/Parking

  • Parking Feature: Off-Street, Deeded, Paved Driveway
  • Parking Spaces: 6
  • Garage Parking: Detached, Storage, Work Area, Side Entry, Oversized Parking
  • Garage Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Cooling Zones: 2
  • Heating: Forced Air, Gas
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Icemaker Connection

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, House of Worship, Marina, Private School, Public School, T-Station

Schools

  • Elementary School: Swampscott
  • Middle School: Swampscott
  • High School: Swampscott

Lot Info

  • Assessments: 941200.00
  • Acre: 0.57
  • Lot Size: 24961.00
  • Page: 217
  • Parcel Number: M:0029 B:027A L:0
  • Zoning: A1
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Storm Windows, Storm Doors

Tax Info

  • Taxes: 14306.20
  • Assessor Parcel Number: 2169257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 29, 2019
Sold by
Welch Lisa L and Welch Peter C
Bought by
Gallagher Michelle A and Gallagher Timothy P
Seller's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Kathleen Murphy
Gibson Sotheby's International Realty
List Price
$989,000
Sold Price
$969,000
Premium/Discount to List
-$20,000
-2.02%
Total Days on Market
3
Current Estimated Value
$1,500,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,267
Avg. Annual Appreciation
7.54%
Original Mortgage
$775,200
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
Baker Robert A and Baker Nancy F
Bought by
Welchu Peter C and Welch Lisa L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallagher Michelle A $969,000 --
Welchu Peter C $780,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Michelle A $950,000
Closed Gallagher Michelle A $775,200
Previous Owner Welch Peter C $668,000
Previous Owner A+Baker Robert $120,000
Previous Owner A+Baker Robert $621,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $969,000 -2.0% $229 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $989,000 -- $234 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $14,603 $1,270,900 $531,200 $739,700
2023 $13,915 $1,185,300 $485,700 $699,600
2022 $13,451 $1,048,400 $425,000 $623,400
2021 $13,267 $961,400 $394,600 $566,800
2020 $14,497 $1,013,800 $379,400 $634,400
2019 $14,306 $941,200 $311,100 $630,100
2018 $14,227 $889,200 $291,400 $597,800
2017 $14,822 $849,400 $291,400 $558,000
2016 $14,720 $849,400 $291,400 $558,000
2015 $14,567 $849,400 $291,400 $558,000
2014 $14,276 $763,400 $273,200 $490,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72461706

MLS Property Information Network (MLS PIN)

APN: SWAM-000029-000027-A000000