NOT LISTED FOR SALE

166 Puritan Rd Swampscott, MA 01907

Estimated Value: $1,078,000 - $1,260,421

7 Beds
5.5 Baths
3,643 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $1,000,000 $274 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,221/month

11 Days on Market

Highlights

  • Scenic Views
  • Waterfront
  • 1-minute walk to Eisman's Beach
  • Swampscott High School Rated A-
  • Tandem Parking

About This Home

As of August 2021

ATTENTION CONTRACTORS & INVESTORS! REMARKABLE opportunity in an INCREDIBLE LOCATION . Custom hand-built-contemporary multi-unit garrison with ocean views from nearly every room. Built by the seller's father in 1976 and still houses the original hand-drawn blueprints. Three stories of ocean view living space just under 4000 square feet, the home offers millions of dollars in opportunity. Or fix her up as you go along, and raise your family here as the builder did. Either way, listen to the waves lull you to sleep at night. See the sun rise off the coast from the penthouse. Host friends and family on 4th of July and watch the fireworks overhead from your massive rooftop deck. With a large back yard and driveway this house is brimming with potential and opportunity! Ready for new ownership, this GEM NEEDS TLC! OPEN HOUSE SAT 6/26 11-2. Offers due Tuesday at noon. More photos to follow. Contingent upon sellers finding suitable housting.

Last Agent to Sell the Property

Joseph Scapicchio

Berkshire Hathaway HomeServices Warren Residential Listed on: 06/24/2021

Berkshire Hathaway HomeServices Warren Residential

Last Buyer's Agent

Joseph Scapicchio

Berkshire Hathaway HomeServices Warren Residential Listed on: 06/24/2021

Berkshire Hathaway HomeServices Warren Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,779

Year Built

  • Built in 1976

Lot Details

  • 0.29 Acre Lot
  • Waterfront

Home Design

  • Duplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,643 Sq Ft Home
  • Property has 1 Level
  • Scenic Vista Views

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • 5 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $42,000

Listing and Financial Details

  • Total Actual Rent $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,779

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1976
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Sub Agent Compensation: 0
  • Sub Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater,Electric Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6
  • Total Bathrooms: 5.5
  • Living Area: 3643
  • Stories Total: 3
  • MAIN LO: AN2213
  • LIST PRICE PER Sq Ft: 219.32
  • PRICE PER Sq Ft: 274.5
  • MAIN SO: AN2213

Exterior Features

  • Foundation Details: Concrete Perimeter
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: A4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Sq Ft: 12632.4
  • Lot Size Units: Acres
  • LOT SIZE: 12502
  • PAGE: 565

Tax Info

  • Tax Year: 2007
  • Tax Annual Amount: 11779
  • Tax Book Number: 26677

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 42000
  • Number Of Units Total: 2
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Oct 2, 2021
Sold by
Jonczyk Iwona
Bought by
Im Puritan Rt
Seller's Agent
Joseph Scapicchio
Berkshire Hathaway HomeServices Warren Residential
Buyer's Agent
Joseph Scapicchio
Berkshire Hathaway HomeServices Warren Residential
List Price
$799,000
Sold Price
$1,000,000
Premium/Discount to List
$201,000
25.16%
Current Estimated Value
$1,156,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,855
Avg. Annual Appreciation
3.12%
Original Mortgage
$800,000
Outstanding Balance
$731,107
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,901

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 30, 2021
Sold by
Gray Jeanne P Est
Bought by
Jonczyk Iwana and Jonczyk Michael M
Seller's Agent
Joseph Scapicchio
Berkshire Hathaway HomeServices Warren Residential
Buyer's Agent
Joseph Scapicchio
Berkshire Hathaway HomeServices Warren Residential
List Price
$799,000
Sold Price
$1,000,000
Premium/Discount to List
$201,000
25.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$731,107
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$397,901

Purchase Details

Closed on
Mar 27, 2007
Sold by
Gray-Rifkin Dori
Bought by
Sverker Beverly and Sverker Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2004
Sold by
Gray Rosamond M
Bought by
New Gray Ft
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
Im Puritan Rt -- None Available
Im Puritan Rt -- None Available
Jonczyk Iwana $1,000,000 None Available
Sverker Beverly $318,750 --
Sverker Beverly -- --
Sverker Beverly $318,750 --
New Gray Ft -- --
New Gray Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jonczyk Iwana $800,000
Closed Jonczyk Iwana $800,000
Previous Owner Gray Rosamond M $550,000
Previous Owner Gray Rosamond M $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $1,000,000 +25.2% $274 / Sq Ft
07/04/2021 07/04/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $799,000 -- $219 / 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 $10,645 $928,100 $522,000 $406,100
2024 $10,328 $898,900 $500,200 $398,700
2023 $9,819 $836,400 $456,700 $379,700
2022 $12,412 $967,400 $391,500 $575,900
2021 $11,780 $853,600 $326,200 $527,400
2020 $11,514 $805,200 $326,200 $479,000
2019 $11,253 $740,300 $293,600 $446,700
2018 $11,586 $724,100 $293,600 $430,500
2017 $11,931 $683,700 $277,300 $406,400
2016 $11,391 $657,300 $277,300 $380,000
2015 $11,273 $657,300 $277,300 $380,000
2014 $10,833 $579,300 $217,500 $361,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72855600

MLS Property Information Network (MLS PIN)

APN: SWAM-000021-000001-C000000