16 Bates Rd Swampscott, MA 01907
Estimated Value: $768,000 - $989,375
4
Beds
2
Baths
2,444
Sq Ft
$365/Sq Ft
Est. Value
About This Home
As of September 2015MOTIVATED 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!
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,344
Avg. Annual Appreciation
7.83%
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
Similar Homes in Swampscott, MA
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Home Values in the Area
Average Home Value in this Area
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
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
-
Brian Oppenheim
B
Seller's Agent in 2015
Brian Oppenheim
Cornerlot
(978) 741-7120
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71841704
APN: SWAM-000025-000006
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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