NOT LISTED FOR SALE

25 Banks Terrace Swampscott, MA 01907

Estimated Value: $711,000 - $810,000

3 Beds
1 Bath
1,411 Sq Ft
$535/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $512,500 $363 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,801/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Garden
  • Swampscott High School Rated A-
  • Patio
  • Heating System Uses Steam

About This Home

As of August 2019

Nestled in the desirable Olmsted Historic District between the commuter rail and the ocean this beautifully updated 3 bedroom 1 bath will make you feel right at home. Situated on a tree-lined cul-de-sac. A lovely front porch invites you to a sun-drenched living room with custom built-ins and comfortable family room. The enchanting eat-in kitchen has been tastefully updated and a formal dining room offers quality built-ins and leads out to an expansive backyard with a stone fire pit, patio and large lawn area with plenty of space for running and relaxing under the shade of mature trees. Additional features include beautiful hardwood floors, a wood burning fireplace, high ceilings, custom prestige wood by Bamboo Abbott, ample bedroom closet space, and a one car garage. Newer paint on the interior as well as exterior. This property is steps to the beach and public library, minutes to schools, shops and only 12 miles from downtown Boston.

Last Agent to Sell the Property

Julia Virden

J. Barrett & Company Listed on: 07/25/2019

Co-Listed By

Ida Doane

J. Barrett & Company

Last Buyer's Agent

Z. Max Cover

Lanagan & Co License #451503132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,055

Year Built

  • Built in 1925

Lot Details

  • Stone Wall
  • Garden
  • Property is zoned A-2

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,055

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 361.45
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Dimension: 12X13, Flooring - Hardwood, Remodeled
  • Bedroom 2: On Level: Second Floor, Dimension: 9X11, Flooring - Hardwood, Remodeled
  • Bedroom 3: On Level: Second Floor, Dimension: 12X12, Flooring - Hardwood, Remodeled
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Second Floor, Dimension: 7X8, Bathroom - Full
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Dimension: 14X12, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Remodeled
  • Family Room: On Level: First Floor, Dimension: 10X11, Flooring - Hardwood, Main Level, Remodeled
  • Kitchen: On Level: First Floor, Dimension: 9X19, Flooring - Hardwood, Main Level, Remodeled
  • Laundry: On Level: Basement, Dimension: 23X18, Flooring - Stone/Ceramic Tile
  • Living Room: On Level: First Floor, Dimension: 16X12, Fireplace, Closet/Cabinets - Custom Built, Flooring - Hardwood, Main Level, Remodeled
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor
  • Main Lo: C95243
  • Main So: AN2832
  • Estimated Sq Ft: 1411.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard, Shingles, Wood
  • Exterior Features: Deck - Wood, Patio, Gutters, Garden Area, Stone Wall
  • Foundation: Fieldstone
  • Insulation Feature: Fiberglass, Mixed

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2
  • Garage Parking: Under
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Heating: Steam, Radiant, Gas
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Public School

Lot Info

  • Assessments: 457100.00
  • Acre: 0.13
  • Lot Size: 5837.00
  • Page: 252
  • Zoning: A-2
  • Lot Description: Paved Drive, Gentle Slope

Green Features

  • Energy Features: Storm Windows

Tax Info

  • Taxes: 6947.92
  • Assessor Parcel Number: 2167515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 27, 2019
Sold by
Meany Ashley A and Meany Patrick R
Bought by
Aylward Andrew G and Cover Miranda M
Seller's Agent
Julia Virden
J. Barrett & Company
Buyer's Agent
Z. Max Cover
Lanagan & Co
List Price
$510,000
Sold Price
$512,500
Premium/Discount to List
$2,500
0.49%
Current Estimated Value
$754,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,734
Avg. Annual Appreciation
6.58%
Original Mortgage
$410,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Zuccaro Matthew
Bought by
Meany Patrick R and Merritt Ashley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2011
Sold by
Schuster David A Est
Bought by
Zuccaro Matthew

Purchase Details

Closed on
Aug 28, 1998
Sold by
Gehrke William S and Gehrke Lisa G
Bought by
Schuster Christina and Schuster David A

Purchase Details

Closed on
Mar 30, 1995
Sold by
Wagner Kenneth S and Wagner Elizabeth
Bought by
Gehrke William S and Gehrke Lisa

Purchase Details

Closed on
Apr 28, 1989
Sold by
Sweibel Eliz D
Bought by
Swoft Eliz N
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
Aylward Andrew G $512,500 --
Meany Patrick R $400,000 --
Zuccaro Matthew $340,000 --
Zuccaro Matthew $340,000 --
Schuster Christina $233,750 --
Schuster Christina $233,750 --
Gehrke William S $201,500 --
Gehrke William S $201,500 --
Swoft Eliz N $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aylward Andrew G $295,650
Closed Aylward Andrew G $410,000
Previous Owner Meany Patrick R $360,000
Previous Owner Ives S William $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $512,500 +0.5% $363 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $510,000 -- $361 / 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 $8,055 $702,300 $350,500 $351,800
2024 $7,822 $680,800 $333,400 $347,400
2023 $7,254 $617,900 $299,200 $318,700
2022 $6,782 $528,600 $256,500 $272,100
2021 $6,980 $505,800 $239,400 $266,400
2020 $6,841 $478,400 $213,700 $264,700
2019 $6,948 $457,100 $192,400 $264,700
2018 $6,736 $421,000 $175,300 $245,700
2017 $6,819 $390,800 $164,200 $226,600
2016 $6,773 $390,800 $164,200 $226,600
2015 $6,702 $390,800 $164,200 $226,600
2014 -- $332,800 $136,800 $196,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72539652

MLS Property Information Network (MLS PIN)

APN: SWAM-000016-000095