NOT LISTED FOR SALE

22 Banks Terrace Swampscott, MA 01907

Estimated Value: $864,000 - $966,000

3 Beds
2 Baths
2,164 Sq Ft
$430/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $895,000 $414 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,867/month

2 Days on Market

Highlights

  • Golf Course Community
  • Colonial Architecture
  • Property is near public transit
  • Swampscott High School Rated A-
  • Deck
  • Family Room with Fireplace

About This Home

As of July 2022

Embrace peaceful and private living while being only steps from renowned beaches, boutiques and exquisite restaurants. A charming front porch provides the ideal welcome, inviting you to step inside and explore this beautiful historic Olmsted District home. Gorgeous hardwood floors and crown molding flow throughout including in the living room which features a cozy fireplace, custom built-ins and a window seat. There’s an elegant dining room, along with a family room addition complete with a gas fireplace. From here, you can move freely into the open kitchen where granite countertops and solid wood cabinets will make preparing meals a joy. All three bedrooms are nice size. Extending the second floor even further is a large deck off of a bedroom where you can relax with loved ones and admire glorious views over Swampscott. There are two full baths and a finished basement that could work as a fourth bedroom or office depending on your needs. Central air and a garage complete the package.

Last Agent to Sell the Property

Paula DAngelo-Pickett

Coldwell Banker Realty - Marblehead Listed on: 05/13/2022

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Hunter Ware

Access

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,848

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 6,273 Sq Ft Lot
  • Property is zoned A2

Parking

  • 1 Car Detached Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,164 Sq Ft Home
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Decorative Lighting
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Bonus Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hadley/Stanley Elementary School
  • SMS Middle School
  • SHS High School

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam

Listing and Financial Details

  • Assessor Parcel Number 2167508

Community Details

Recreation

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

Additional Features

  • Olmsted District Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,848

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1922
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Subdivision Name: Olmsted District
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Closet, Bonus Room
  • Fireplace Features: Family Room, Living Room
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Closet, Flooring - Hardwood
  • Room Bedroom2 Area: 1524.166666
  • Room Bedroom3 Features: Closet, Flooring - Hardwood
  • Room Bedroom3 Area: 106.375
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Main Level Bathrooms: 1
  • Total Bathrooms: 2
  • Room Master Bedroom Features: Closet, Flooring - Hardwood, Crown Molding
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 174.027777
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - With Tub & Shower, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Flooring - Hardwood, Wainscoting, Lighting - Pendant, Crown Molding
  • Room Dining Room Level: Main
  • Room Dining Room Area: 158.229166
  • Room Family Room Level: Main
  • Room Family Room Features: Flooring - Hardwood, Recessed Lighting, Remodeled
  • Room Family Room Area: 398.194444
  • Room Kitchen Level: First
  • Room Kitchen Features: Bathroom - Full, Flooring - Hardwood, Countertops - Stone/Granite/Solid, Countertops - Upgraded, Breakfast Bar / Nook, Cabinets - Upgraded
  • Room Kitchen Area: 162.3125
  • Laundry Features: In Basement
  • Room Living Room Level: Main
  • Room Living Room Area: 268.25
  • Room Living Room Features: Flooring - Hardwood, Exterior Access, Lighting - Sconce, Crown Molding
  • Basement: Full, Partially Finished, Interior Entry
  • Living Area: 2164
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 369.64
  • PRICE PER Sq Ft: 413.59
  • MAIN SO: AN6617

Exterior Features

  • Exterior Features: Balcony / Deck
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Baseboard, Steam, Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, House of Worship, Private School, Public School, T-Station, Sidewalks

Lot Info

  • Parcel Number: 2167508
  • Zoning: A2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6273
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 396

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6848
  • Tax Book Number: 23914

Multi Family

  • Basement Included Sq Ft: Yes

MLS Schools

  • High School: Shs
  • Elementary School: Hadley/Stanley
  • Middle Or Junior School: Sms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2005
Sold by
Brackett Kendra
Bought by
Olsen James J and Olsen Denine
Current Estimated Value
$929,793

Purchase Details

Closed on
Oct 29, 2002
Sold by
Marsh Jeffrey K and Marsh Kimberly L
Bought by
Brackett Kendra

Purchase Details

Closed on
Jul 31, 1997
Sold by
Yenkin Jonathan M and Fisher Susan M
Bought by
Marsh Jeffrey K and Marsh Kimberly L

Purchase Details

Closed on
Nov 8, 1991
Sold by
Lensky Kathleen and Lensky Alan
Bought by
Yenkin Jonathan M and Fisher Susan E
Source: Public Records

Range of Values:

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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
Olsen James J $409,000 --
Olsen James J $409,000 --
Brackett Kendra $416,000 --
Brackett Kendra $416,000 --
Marsh Jeffrey K $180,900 --
Marsh Jeffrey K $180,900 --
Yenkin Jonathan M $176,000 --
Yenkin Jonathan M $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cataldi Adam $708,000
Closed Cataldi Adam $708,000
Closed Olsen Denine $100,000
Closed Yenkin Jonathan M $100,000
Closed Yenkin Jonathan M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $895,000 +11.9% $414 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $799,900 -- $370 / 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 $9,319 $812,500 $356,400 $456,100
2024 $9,014 $784,500 $339,000 $445,500
2023 $8,339 $710,300 $304,200 $406,100
2022 $6,849 $533,800 $260,800 $273,000
2021 $6,768 $490,400 $243,400 $247,000
2020 $6,581 $460,200 $217,300 $242,900
2019 $6,665 $438,500 $195,600 $242,900
2018 $6,504 $406,500 $178,200 $228,300
2017 $6,617 $379,200 $166,900 $212,300
2016 $6,572 $379,200 $166,900 $212,300
2015 $6,503 $379,200 $166,900 $212,300
2014 $6,083 $325,300 $139,100 $186,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981526

MLS Property Information Network (MLS PIN)

APN: SWAM-000016-000088