NOT LISTED FOR SALE

16 Bates Rd Swampscott, MA 01907

Estimated Value: $811,000 - $964,987

4 Beds
2 Baths
2,444 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $435,000 $178 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,732/month

86 Days on Market

About This Home

As of September 2015

MOTIVATED SELLER. Well cared for two-family in great residential neighborhood. First floor is currently leased until end of July 2015 and is a 5 room unit that can easily be used as a two bedroom. Second floor also has 5 rooms and has 3 bedrooms. (1 bedroom is small. Ideal as a two bedroom unit) Second floor is vacant. Property is great as an investment or owner-occupant but could also be used as a single-family as this is a double-lot (10,000 sf) with a large yard and also has a two-car detached garage, patio and arbors with grape vines. Location is next to Phillips Park and a short walk to Eismans Beach. A lot of options at a reasonable price!

Last Listed By

Brian Oppenheim

Cornerlot Listed on: 05/22/2015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,019

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Park, Public School
  • Electric: Circuit Breakers
  • Basement: Full, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Patio, Garden Area
  • Foundation: Fieldstone
  • Beach: Ocean, Walk to
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0025 B:0006 L:0
  • Zoning: A3

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 2550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2015
Closed on
Sep 15, 2015
Sold by
Rogers Kevin C
Bought by
Speridakos Arthur C and Speridakos Kalliopi P
Seller's Agent
Brian Oppenheim
Cornerlot
Buyer's Agent
Brian Oppenheim
Cornerlot
List Price
$499,900
Sold Price
$435,000
Premium/Discount to List
-$64,900
-12.98%
Total Days on Market
86
Current Estimated Value
$883,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,247
Avg. Annual Appreciation
7.95%
Original Mortgage
$413,250
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2004
Sold by
Kennedy Frederick L and Kennedy Mary E
Bought by
Rogers Kevin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Speridakos Arthur C $435,000 --
Rogers Kevin C $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Speridakos Arthur C $404,000
Closed Speridakos Arthur C $413,250
Previous Owner Kennedy Frederick L $349,000
Previous Owner Kennedy Frederick L $340,000
Previous Owner Kennedy Frederick L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2015 09/15/15 Sold $435,000 -13.0% $178 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $499,900 -- $205 / 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 $10,019 $872,000 $390,000 $482,000
2023 $9,542 $812,800 $350,000 $462,800
2022 $9,401 $732,700 $300,000 $432,700
2021 $8,942 $648,000 $280,000 $368,000
2020 $8,244 $576,500 $250,000 $326,500
2019 $8,068 $530,800 $225,000 $305,800
2018 $8,008 $500,500 $205,000 $295,500
2017 $7,856 $450,200 $192,000 $258,200
2016 $7,135 $411,700 $192,000 $219,700
2015 $7,061 $411,700 $192,000 $219,700
2014 $6,769 $362,000 $160,000 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71841704

MLS Property Information Network (MLS PIN)

APN: SWAM-000025-000006

Massachusetts Essex County Swampscott 01907

16 Bates Rd, Swampscott, MA

Homes for Sale in Swampscott, MA

This home is located at 16 Bates Rd, Swampscott, MA 01907 since 22 May 2015 and is currently estimated at $883,247, approximately $361 per square foot. This property was built in 1930. 16 Bates Rd is a home located in Essex County with nearby schools including Swampscott Middle School and Swampscott High School.

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MLS Property Information Network (MLS PIN) 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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