NOT LISTED FOR SALE

18 Preston Ct Unit 1 Swampscott, MA 01907

Estimated Value: $1,599,000 - $2,464,000

3 Beds
3 Baths
2,910 Sq Ft
0.27 Acres

Last Sold April 26, 2017

Last sale price $1,300,000 $447 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $12,465/month

76 Days on Market

About This Home

As of April 2017

Wake up to beautiful sunrises, enjoy walks on the beach, a swim in the ocean, kayak, paddle board, or just enjoy sitting out on your private deck & listen to the sea. For the cooler New England days, enjoy a fire in your living room or bedroom fireplace and enjoy looking out at the Bay. The chef's kitchen is open to the dining room enhancing the open floor plan making this condominium great for entertaining inside as well as outside on your deck. This 3 bedroom, 3 bath home is primarily located on the 1st floor yet the private exercise room, storage, & utility rooms are below on the garage level.

Last Agent to Sell the Property

Mary Stewart

Compass Listed on: 06/07/2016

Compass

Last Buyer's Agent

Jessica Schenkel

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,369

Year Built

1994

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Ground
  • Property Type: Condominium/Co-Op
  • Other Agent: 1.00
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1994

Interior Features

  • Appliances: Range, Wall Oven, Dishwasher, Disposal, Compactor, Refrigerator, Refrigerator - Wine Storage
  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, Marina, Private School, Public School
  • Electric: Circuit Breakers, 200 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Wood, Tile
  • Insulation: Full
  • Bedroom 2: First Floor, 13X16
  • Bedroom 3: First Floor, 13X16
  • Bathroom #1: First Floor, 9X13
  • Bathroom #2: First Floor, 5X11
  • Bathroom #3: First Floor, 6X7
  • Kitchen: First Floor, 15X16
  • Laundry Room: First Floor, 5X7
  • Living Room: First Floor, 19X21
  • Master Bedroom: First Floor, 15X15
  • Master Bedroom Description: Bathroom - Full, Fireplace, Closet - Walk-in, Flooring - Wall to Wall Carpet, Deck - Exterior
  • Dining Room: First Floor, 16X19
  • Oth1 Room Name: Exercise Room
  • Oth1 Dimen: 16X16
  • Oth1 Dscrp: Recessed Lighting
  • Oth1 Level: Basement
  • Oth2 Dimen: 10X15
  • Oth2 Level: Basement
  • No Living Levels: 2

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Unit Features: Deck, Gutters, Professional Landscaping, Screens, Sprinkler System, Stone Wall
  • Waterfront: Ocean, Bay, Walk to, Access, Public, Sound
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Under, Heated, Common
  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway, Tandem
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Gas
  • Cooling Zones: 1
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: Preston Beach 5
  • Association Fee Includes: N/A
  • Management: Owner Association
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 2
  • Unit Building: 1

Fee Information

  • Fee Interval: Yearly

Schools

  • Elementary School: Public/Private
  • Middle School: Public
  • High School: Public

Lot Info

  • Zoning: A3

Multi Family

  • Waterview: Ocean, Sound, Walk to, Bay, Public

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2024
Sold by
Rima Stephen
Bought by
Stephen Rima Lt and Rima
Current Estimated Value
$2,015,212

Purchase Details

Listed on
Jun 7, 2016
Closed on
Apr 26, 2017
Sold by
Zonnenberg Jan P
Bought by
Rima Stephen
Seller's Agent
Mary Stewart
Compass
Buyer's Agent
Jessica Schenkel
William Raveis R.E. & Home Services
List Price
$1,498,000
Sold Price
$1,300,000
Premium/Discount to List
-$198,000
-13.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$1,040,000
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 2, 2011
Sold by
Katz Loeb and Katz Natalie S
Bought by
Zonnenberg Jan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Scott Christopher B
Bought by
Katz Loeb and Katz Natalie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 1997
Sold by
Bloch Stuart A
Bought by
Scott Christopher B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Stephen Rima Lt -- None Available
Rima Stephen $1,300,000 --
Zonnenberg Jan P $1,250,000 --
Katz Loeb $790,000 --
Scott Christopher B $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rima Stephen $1,040,000
Previous Owner Scott Christopher B $1,000,000
Previous Owner Scott Christopher B $553,000
Previous Owner Scott Christopher B $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $1,300,000 -7.0% $447 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/21/2016 07/21/16 Price Changed $1,398,000 -6.7% $480 / Sq Ft
06/07/2016 06/07/16 For Sale $1,498,000 -- $515 / 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 $21,369 $1,863,000 $0 $1,863,000
2024 $22,186 $1,930,900 $0 $1,930,900
2023 $20,863 $1,777,100 $0 $1,777,100
2022 $19,770 $1,540,900 $0 $1,540,900
2021 $19,408 $1,406,400 $0 $1,406,400
2020 $19,378 $1,355,100 $0 $1,355,100
2019 $18,933 $1,245,600 $0 $1,245,600
2018 $19,930 $1,245,600 $0 $1,245,600
2017 $21,378 $1,225,100 $0 $1,225,100
2016 $24,969 $1,440,800 $0 $1,440,800
2015 $20,724 $1,208,400 $0 $1,208,400
2014 $22,964 $1,228,000 $0 $1,228,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Stewart

    Compass

    (781) 820-5676

    9 in this area

    135 Total Sales

    Mary Stewart
    Section Image
  • Jessica Schenkel

    Buyer's Agent in 2017

    Jessica Schenkel

    William Raveis R.E. & Home Services

    (339) 206-3302

    17 in this area

    70 Total Sales

    Jessica Schenkel
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72018800

MLS Property Information Network (MLS PIN)

APN: SWAM-000031-000098-D000018

Massachusetts Essex County Swampscott 01907

18 Preston Ct Unit 1, Swampscott, MA

This home is located at 18 Preston Ct Unit 1, Swampscott, MA 01907 since 07 June 2016 and is currently estimated at $2,015,212, approximately $692 per square foot. This property was built in 1994. 18 Preston Ct Unit 1 is a home located in Essex County with nearby schools including Swampscott Middle School, Swampscott High School, and Devereux School.

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