NOT LISTED FOR SALE

16 Cutting Rd Swampscott, MA 01907

Estimated Value: $2,054,000 - $2,858,000

4 Beds
4 Baths
3,638 Sq Ft
$694/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $1,000,000 $275 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $15,512/month

349 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Security Service
  • Swampscott High School Rated A-
  • Patio
  • 3-minute walk to Phillip's Beach

About This Home

As of June 2019

This classic New England Colonial is for sale for the first time in nearly 30 years, beautifully sited on a large flat lot with mature landscaping, patio, and peeks of the ocean. The home offers a wonderful combination of the charm and detail of a older home coupled with the conveniences and comforts of a newer home. The kitchen opens to the family room, providing a great open floor plan. The dining room living room and den all have fireplaces and built-ins. With 4 bedrooms and 3.5 bathrooms this home offers great floor plan flexibility. The over sized backyard is great for outdoor activities and you can walk less than five minutes to the beach.

Last Agent to Sell the Property

Bill Willis Jr.

Compass Listed on: 04/24/2018

Compass

Last Buyer's Agent

Patricia Ryan

P.A.R. Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,520

Year Built

  • Built in 1930

Lot Details

  • Year Round Access
  • Property is zoned A-1

Parking

  • 2 Car Garage

Interior Spaces

  • Whole House Fan
  • French Doors
  • Ocean Views
  • Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Heating System Uses Steam
  • Natural Gas Water Heater
  • Oil Water Heater

Community Details

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,520

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Actual
  • List Price Per Sq Ft: 328.48
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Fireplaces: 4
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Interior Amenities: Security System, Whole House Fan, French Doors
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Dimension: 14X16, Closet - Walk-in, Flooring - Stone/Ceramic Tile, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: Second Floor, Dimension: 10X14, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 3: On Level: Second Floor, Dimension: 13X15, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 4: On Level: Second Floor, Dimension: 14X14, Closet, Flooring - Wall to Wall Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor, Dimension: 4X6, Bathroom - Half, Flooring - Stone/Ceramic Tile
  • Bathroom 2: On Level: Second Floor, Dimension: 9X10, Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Bathroom 3: On Level: Second Floor, Dimension: 7X8, Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • No Rooms: 11
  • Dining Room: On Level: First Floor, Dimension: 13X15, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Family Room: On Level: First Floor, Dimension: 17X18, Skylight, Ceiling - Cathedral, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floor Plan, Recessed Lighting, Gas Stove
  • Kitchen: On Level: First Floor, Dimension: 14X20, Flooring - Hardwood, Window(s) - Bay/Bow/Box, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Gas Stove
  • Laundry: On Level: Basement, Dimension: 9X17
  • Living Room: On Level: First Floor, Dimension: 14X24, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Partially Finished, Sump Pump, Concrete Floor
  • Other Room 1: Name: Bathroom, On Level: Second Floor, Dimension: 6X8, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Other Room 2: Name: Den, On Level: First Floor, Dimension: 10X14, Fireplace, Flooring - Hardwood
  • Other Room 3: Name: Play Room, On Level: Basement, Dimension: 18X22, Closet - Cedar, Recessed Lighting
  • Other Room 4: Name: Sun Room, On Level: First Floor, Dimension: 10X16, Ceiling - Cathedral, Flooring - Stone/Ceramic Tile
  • Main Lo: K95001
  • Main So: NB1756
  • Estimated Sq Ft: 3638.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Patio
  • Foundation: Poured Concrete
  • Foundation Size: 30 X 50
  • Insulation Feature: Full, Fiberglass

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8
  • Garage Parking: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Cooling: Window AC
  • Heating: Electric Baseboard, Steam
  • Heat Zones: 3
  • Hot Water: Oil, Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, Highway Access, Marina, Private School, Public School, T-Station

Lot Info

  • Assessments: 1072900.00
  • Acre: 0.55
  • Lot Size: 24350.00
  • Page: 61628
  • Zoning: A-1
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 16308.08
  • Assessor Parcel Number: 2169473

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Krishnamurthi Suraj and Krishnamurthi Jennifer
Bought by
Krishnamurthi Hldg Ft and Krishnamurthi
Current Estimated Value
$2,524,637

Purchase Details

Closed on
Nov 27, 2021
Sold by
Krishnamurthi N
Bought by
Krishnamurthi Lt and Krishnamurthi

Purchase Details

Closed on
Nov 25, 1991
Sold by
Breed Laverne K Est
Bought by
Pederson Barry and Pederson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Krishnamurthi Hldg Ft -- None Available
Krishnamurthi Suraj $2,200,000 None Available
Krishnamurthi Lt -- None Available
Krishnamurthi N $1,000,000 --
Pederson Barry $500,000 --
Pederson Barry $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krishnamurthi Suraj $1,200,000
Previous Owner Krishnamurthi N $700,000
Previous Owner Pederson Barry $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $1,000,000 -16.3% $275 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
11/07/2018 11/07/18 Price Changed $1,195,000 -4.3% $328 / Sq Ft
08/07/2018 08/07/18 Price Changed $1,249,000 -3.6% $343 / Sq Ft
04/24/2018 04/24/18 For Sale $1,295,000 -- $356 / 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
2025 $25,520 $2,224,900 $721,200 $1,503,700
2024 $24,778 $2,156,500 $691,100 $1,465,400
2023 $23,573 $2,007,900 $631,000 $1,376,900
2022 $22,719 $1,770,800 $540,900 $1,229,900
2021 $19,154 $1,388,000 $450,700 $937,300
2020 $17,854 $1,248,500 $450,700 $797,800
2019 $16,308 $1,072,900 $405,700 $667,200
2018 $16,776 $1,048,500 $405,700 $642,800
2017 $17,220 $986,800 $383,100 $603,700
2016 $17,101 $986,800 $383,100 $603,700
2015 $16,924 $986,800 $383,100 $603,700
2014 $15,865 $848,400 $349,300 $499,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72314141

MLS Property Information Network (MLS PIN)

APN: SWAM-000032-000022