J
Seller's Agent in 2023
Joseph Barbuzzi
Coldwell Banker Realty - Marblehead
(978) 239-9302
5 in this area
18 Total Sales
12 Rock Ave Unit 14 Swampscott, MA 01907
Estimated Value: $786,725 - $884,000
4
Beds
2
Baths
1,828
Sq Ft
$452/Sq Ft
Est. Value
Highlights
- Ocean View
- Deck
- Laundry Room
- Swampscott High School Rated A-
- Wood Flooring
- 4-minute walk to Kings Beach
About This Home
As of December 2023Looking for a two- family investment property conveniently located?Here is the chance you have been waiting for! First floor offers partial ocean views, Improved kitchen cabinets and granite countertops, living room, two bedrooms with recessed lighting, and one recently renovated bathroom. Upper unit consist of hardwood flooring throughout the living room and both bedrooms. Granite kitchen counters with stainless steel appliances. Full bathroom with matte glass round sink. Separate utilities, shared laundry area in basement, two car garage. Spacious back deck with finished high grade turf shared backyard space. Great for entertaining. Has excellent tenant history. Updated both units with tankless water heaters and garage doors. Located within short distance to commuter rail and bus, beaches, schools, shopping, and restaurants. Don't miss this opportunity and come to enjoy what this great community has to offer you.
Last Agent to Sell the Property
Coldwell Banker Realty - Marblehead Listed on: 11/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,628
Year Built
- Built in 1974
Lot Details
- 3,267
Parking
- 2 Car Garage
- Driveway
- Open Parking
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 1,828 Sq Ft Home
- Property has 1 Level
- Ocean Views
- Garage Access
- Laundry Room
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- 2 Heating Zones
- 110 Volts
Additional Features
- Deck
- 3,267 Sq Ft Lot
Community Details
- 2 Units
- Net Operating Income $55,200
Listing and Financial Details
- Total Actual Rent $4,600
- Assessor Parcel Number M:0001 B:0010 L:0,2165036
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 7, 2023
Closed on
Dec 18, 2023
Sold by
Barbuzzi Joseph G
Bought by
Scotti Michael J
Seller's Agent
Joseph Barbuzzi
Coldwell Banker Realty - Marblehead
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$749,900
Sold Price
$765,000
Premium/Discount to List
$15,100
2.01%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,431
Avg. Annual Appreciation
4.46%
Original Mortgage
$612,000
Outstanding Balance
$603,315
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$223,116
Purchase Details
Closed on
May 3, 2002
Sold by
Fiory Deanna and Brown Jeffrey L
Bought by
Desimone Philip and Desimone Maxine B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Scotti Michael J | $765,000 | None Available | |
| Scotti Michael J | $765,000 | None Available | |
| Desimone Philip | $300,000 | -- | |
| Desimone Philip | $300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Scotti Michael J | $612,000 | |
| Closed | Scotti Michael J | $612,000 | |
| Previous Owner | Barbuzzi Joseph G | $317,000 | |
| Previous Owner | Barbuzzi Joseph | $35,000 | |
| Previous Owner | Barbuzzi Joseph G | $345,950 | |
| Previous Owner | Brown Jeffrey L | $99,200 | |
| Previous Owner | Brown Jeffrey L | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $765,000 | +2.0% | $418 / Sq Ft |
| 11/15/2023 11/15/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | For Sale | $749,900 | -- | $410 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $7,811 | $681,000 | $216,800 | $464,200 |
| 2024 | $6,908 | $601,200 | $206,500 | $394,700 |
| 2023 | $6,628 | $564,600 | $191,200 | $373,400 |
| 2022 | $6,779 | $528,400 | $168,200 | $360,200 |
| 2021 | $6,521 | $472,500 | $145,300 | $327,200 |
| 2020 | $5,862 | $409,900 | $137,700 | $272,200 |
| 2019 | $5,998 | $394,600 | $122,400 | $272,200 |
| 2018 | $6,138 | $383,600 | $122,400 | $261,200 |
| 2017 | $6,059 | $347,200 | $99,400 | $247,800 |
| 2016 | $5,352 | $308,800 | $91,800 | $217,000 |
| 2015 | $5,296 | $308,800 | $91,800 | $217,000 |
| 2014 | $4,903 | $262,200 | $76,500 | $185,700 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Barbuzzi
-
Michelle Fermin
Buyer's Agent in 2023
Michelle Fermin
Century 21 North East
(978) 423-6545
3 in this area
1,126 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73177999
APN: SWAM-000001-000010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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