$1,400,000
SOLD JAN 30, 2025

2 Ocean Ave Swampscott, MA 01907

5 Beds
3.5 Baths
5,020 Sq Ft
0.59 Acres

Recently Sold

$279 Per Sq Ft

17% Below List Price

44 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 0.59 Acre Lot
  • Swampscott High School Rated A-
  • Waterfront
  • Fireplace in Primary Bedroom

About This Home

As of January 2025

Step into a world of refined elegance with this exceptional residence on a rare 25,000+ sf lot, redefining luxury living. Unlike any home you've seen, this stately property exudes sophistication. Designed by an award-winning architect. This home offers a masterful blend of timeless character & modern comfort, having been meticulously restored (see details in documents). Exquisite millwork & fireplaces create a grand yet intimate atmosphere. The spacious dining room, with coffered ceilings, is perfect for entertaining. The upper level boasts 5 bedrooms, including a sumptuous primary suite with a fireplace and an opulent bath. If you value exceptional quality, ample space, & a private yard, this is the property for you. Nestled in a historic neighborhood of grand homes, moments from Swampscott’s beaches, bike path, nature reserve, & public transportation this commanding residence offers the lifestyle you've always dreamed of. View property tour.

Last Agent to Sell the Property

Sean Connelly

William Raveis R.E. & Home Services Listed on: 10/29/2024

William Raveis R.E. & Home Services

Co-Listed By

Linda Hayes

William Raveis R.E. & Home Services

Last Buyer's Agent

bill Janovitz

Compass

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,279

Year Built

  • Built in 1913

Lot Details

  • 0.59 Acre Lot
  • Waterfront
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • Property is zoned A1

Home Design

  • Spanish Architecture
  • Stone Foundation
  • Blown Fiberglass Insulation
  • Tile Roof
  • Rubber Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,020 Sq Ft Home
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Decorative Lighting
  • Light Fixtures
  • Insulated Windows
  • Bay Window
  • French Doors
  • Sliding Doors
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Security System
  • Attic

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Chute

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • New 2024 Elementary School

Utilities

  • Central Air
  • 2 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Oil
  • Baseboard Heating
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number M:0029 B:0023 L:0,2169231

Community Details

Overview

  • No Home Owners Association
  • Phillips Beach Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,279

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish Colonial
  • Year Built: 1913
  • Subdivision Name: Phillips Beach
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Hardwood, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Closet, Slider, Wainscoting, Lighting - Sconce, Entrance Foyer, Entry Hall, Walk-up Attic, Laundry Chute
  • Door Features: French Doors, Insulated Doors
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Walk-In Closet(s), Closet, Window(s) - Bay/Bow/Box
  • Room Bedroom3 Features: Bathroom - Full, Closet, Flooring - Hardwood
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom4 Features: Walk-In Closet(s), Flooring - Hardwood, Balcony / Deck
  • Room Bedroom5 Level: Second
  • Room Bedroom5 Features: Closet, Flooring - Hardwood, Balcony / Deck
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Room Master Bedroom Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - With Shower Stall, Closet, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid
  • Bathroom 3 Features: Bathroom - Full, Bathroom - Double Vanity/Sink, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Recessed Lighting, Soaking Tub
  • Bathroom 3 Level: Second
  • Room Dining Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, Wainscoting, Lighting - Pendant, Crown Molding
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Recessed Lighting
  • Laundry Features: In Basement, Electric Dryer Hookup
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Hardwood, Window(s) - Bay/Bow/Box, French Doors, Cable Hookup, Wainscoting, Lighting - Sconce, Lighting - Overhead, Crown Molding
  • Basement: Full, Walk-Out Access, Radon Remediation System, Unfinished
  • Living Area: 5020
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: M59500
  • MAIN SO: AN2383
  • Insulation: Fiberglass, Unknown

Exterior Features

  • Exterior Features: Porch, Deck - Roof, Patio, Covered Patio/Deck, Rain Gutters, Sprinkler System, Fenced Yard, Garden, Stone Wall
  • Construction Materials: Stone
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Roof, Patio, Covered
  • Road Frontage Type: Public
  • Roof: Tile, Rubber
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Cooling: Central Air
  • Heating: Baseboard, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0029 B:0023 L:0,2169231
  • Zoning: A1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.59
  • Lot Size Sq Ft: 25918
  • Lot Size Units: Acres
  • Property Attached YN: No
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17279

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • Elementary School: New 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Jan 30, 2025
Sold by
Sproul Colleen M
Bought by
Park Knoll Partners Lp
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
bill Janovitz
Compass
List Price
$1,689,000
Sold Price
$1,400,000
Premium/Discount to List
-$289,000
-17.11%
Views
66
Current Estimated Value
$1,506,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,875
Avg. Annual Appreciation
9.63%
Original Mortgage
$800,000
Outstanding Balance
$793,623
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,252

Purchase Details

Listed on
Oct 29, 2024
Closed on
Jan 27, 2025
Sold by
Sproul Elliott
Bought by
Sproul Colleen M
Seller's Agent
Sean Connelly
William Raveis R.E. & Home Services
Buyer's Agent
bill Janovitz
Compass
List Price
$1,689,000
Sold Price
$1,400,000
Premium/Discount to List
-$289,000
-17.11%
Views
66

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
$793,623
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$713,252

Purchase Details

Listed on
Nov 3, 2015
Closed on
Apr 13, 2016
Sold by
Greenberg Ruth
Bought by
Sproul Colleen M and Sproul Elliott W
Seller's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Hilary Foutes
Sagan Harborside Sotheby's International Realty
List Price
$869,000
Sold Price
$785,500
Premium/Discount to List
-$83,500
-9.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$575,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1998
Sold by
Krasker Gerald and Krasker Jane
Bought by
Gogel Edward and Greenberg Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed $1,400,000 None Available
Quit Claim Deed $1,400,000 None Available
Quit Claim Deed $1,400,000 None Available
Quit Claim Deed $651,424 None Available
Quit Claim Deed $651,424 None Available
Quit Claim Deed $651,424 None Available
Quit Claim Deed $785,500 --
Quit Claim Deed $785,500 --
Deed $610,250 --
Deed $610,250 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 Purchase Money Mortgage
Closed $800,000 Purchase Money Mortgage
Previous Owner $575,000 Purchase Money Mortgage
Previous Owner $322,000 No Value Available
Previous Owner $322,700 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2025 01/30/25 Sold $1,400,000 -6.6% $279 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
12/04/2024 12/04/24 Price Changed $1,499,000 -11.2% $299 / Sq Ft
10/29/2024 10/29/24 For Sale $1,689,000 +115.0% $336 / Sq Ft
04/13/2016 04/13/16 Sold $785,500 -6.4% $156 / Sq Ft View Prior Sale
02/26/2016 02/26/16 Pending -- -- --
12/10/2015 12/10/15 Price Changed $839,000 -3.5% $167 / Sq Ft
11/03/2015 11/03/15 For Sale $869,000 -- $173 / 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 $17,377 $1,515,000 $544,800 $970,200
2024 $17,279 $1,503,800 $544,800 $959,000
2023 $16,438 $1,400,200 $498,100 $902,100
2022 $15,065 $1,174,200 $435,900 $738,300
2021 $14,565 $1,055,400 $404,700 $650,700
2020 $14,603 $1,021,200 $389,200 $632,000
2019 $12,196 $802,400 $319,100 $483,300
2018 $12,171 $760,700 $298,900 $461,800
2017 $12,670 $726,100 $298,900 $427,200
2016 $15,424 $890,000 $298,900 $591,100
2015 $15,264 $890,000 $298,900 $591,100
2014 $15,570 $832,600 $280,200 $552,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73307278

MLS Property Information Network (MLS PIN)

APN: SWAM-000029-000023