NOT LISTED FOR SALE

25 Smiths Point Rd Manchester, MA 01944

Estimated Value: $2,968,000 - $8,746,000

5 Beds
6 Baths
4,550 Sq Ft
$1,334/Sq Ft Est. Value

Last Sold November 17, 2015

Last sale price $5,900,000 $1,297 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $38,196/month

22 Days on Market

Highlights

  • Marina
  • Medical Services
  • Waterfront
  • Manchester Essex Regional High School Rated A
  • Scenic Views
  • 1.3 Acre Lot

About This Home

As of November 2015

Situated on 1.3± magnificent waterfront acres, on the private enclave of Smith’s Point, stands this custom, shingle-style residence with expansive Northeasterly ocean views towards Magnolia and Gloucester. Designed by the noted architects Siemasko +Verbridge and built by Windover Construction, quality craftsmanship and flawless execution is evident throughout. The five bedroom, four full and two half-bath residence spans 4500 square feet of living area with nearly every room facing the water. One of the North Shore’s finest oceanfront homes, details include Marvin windows, a chef’s kitchen with custom cabinets, 42” side by side Sub Zero refrigerator, 36” Wolf gas range, honed granite counter tops, Lutron Lighting controls, and state-of-the- art systems. Professional landscaping includes bluestone patios, stone walls, natural exposed ledge, large shade trees, cedars and junipers. This property has rights to Smith’s Point association beach and dock.

Last Agent to Sell the Property

Lanse Robb

LandVest, Inc., Manchester -by-the-Sea Listed on: 09/14/2015

Last Buyer's Agent

Lanse Robb

LandVest, Inc., Manchester -by-the-Sea Listed on: 09/14/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,908

Year Built

  • Built in 2013

Lot Details

  • 1.3 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Stone Wall
  • Landscaped Professionally
  • Corner Lot
  • Gentle Sloping Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Frame Construction
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,550 Sq Ft Home
  • Wired For Sound
  • Decorative Lighting
  • 2 Fireplaces
  • French Doors
  • Screened Porch
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Outdoor Features

  • Water Access
  • Deck
  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mersd Middle School
  • Mersd High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hydro-Air Heating System
  • Private Sewer

Community Details

Overview

  • Property has a Home Owners Association
  • Smith's Point Subdivision

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,908

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Shingle
  • Year Built: 2013
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Subdivision Name: Smith's Point
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Wired for Sound
  • Door Features: French Doors
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range,Oven,Dishwasher,Microwave,Refrigerator,Freezer,Washer,Dryer
  • Total Bedrooms: 5
  • Room Bedroom2 Level: First
  • Room Bedroom3 Level: Second
  • Room Bedroom4 Level: Second
  • Room Bedroom5 Level: Second
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bathrooms: 5
  • Room Master Bedroom Level: First
  • Master Bathroom Features: Yes
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: First Floor
  • Room Living Room Level: First
  • Basement: Full, Partially Finished, Garage Access
  • Living Area: 4550
  • MAIN LO: C03800
  • LIST PRICE PER Sq Ft: 1362.64
  • PRICE PER Sq Ft: 1296.7
  • MAIN SO: C03800

Exterior Features

  • Exterior Features: Professional Landscaping, Sprinkler System, Decorative Lighting, Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Screened, Deck, Patio
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Ocean, Direct Access, 0 to 1/10 Mile To Beach, Beach Ownership(Private,Association)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage YN: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Attached, Garage Door Opener, Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Hydro Air
  • Cooling Y N: Yes
  • Electric: Other (See Remarks)
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Zoning: E
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Wooded, Cleared, Gentle Sloping
  • Lot Size Acres: 1.3
  • Lot Size Area: 1.3
  • Lot Size Sq Ft: 56628
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 56628
  • PAGE: 157

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 52908
  • Tax Book Number: 32919

MLS Schools

  • High School: Mersd
  • Middle Or Junior School: Mersd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Nov 17, 2015
Sold by
Leno Sam R and Leno Pamela L
Bought by
Elterich Steven and Elterich Carolyn
Seller's Agent
Lanse Robb
LandVest, Inc., Manchester -by-the-Sea
Buyer's Agent
Lanse Robb
LandVest, Inc., Manchester -by-the-Sea
List Price
$6,200,000
Sold Price
$5,900,000
Premium/Discount to List
-$300,000
-4.84%
Current Estimated Value
$6,069,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,899
Avg. Annual Appreciation
0.29%

Purchase Details

Listed on
Jun 18, 2013
Closed on
Oct 29, 2013
Sold by
25 Smiths Point Llc
Bought by
Leno Sam R and Leno Pamela L
Seller's Agent
Lanse Robb
LandVest, Inc., Manchester -by-the-Sea
Buyer's Agent
John Boyle
LandVest, Inc.
List Price
$6,975,000
Sold Price
$6,200,000
Premium/Discount to List
-$775,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.39%
Original Mortgage
$4,340,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2012
Sold by
25 Smiths Point Rt and Glovsky Mark B
Bought by
25 Smiths Point Llc

Purchase Details

Closed on
Dec 30, 2009
Sold by
Donovan John J
Bought by
Donovan Jr Tr John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,800,000
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Elterich Steven $5,900,000 --
Leno Sam R $6,200,000 --
25 Smiths Point Llc -- --
25 Smiths Point Rt -- --
Seagate Smiths Point L -- --
Donovan Jr Tr John J -- --
Donovan John J $1,250,000 --
Donovan John J -- --
Seagate Smiths Point L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leno Sam R $4,340,000
Previous Owner Seagate Smiths Point L $2,849,800
Previous Owner Seagate Smiths Point L $3,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2015 11/17/15 Sold $5,900,000 -4.8% $1,297 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
09/14/2015 09/14/15 For Sale $6,200,000 0.0% $1,363 / Sq Ft
10/29/2013 10/29/13 Sold $6,200,000 0.0% $1,363 / Sq Ft View Prior Sale
09/30/2013 09/30/13 Pending -- -- --
09/15/2013 09/15/13 Off Market $6,200,000 -- --
06/18/2013 06/18/13 For Sale $6,975,000 -- $1,533 / 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 $70,654 $7,721,700 $4,174,100 $3,547,600
2024 $68,236 $7,298,000 $4,023,600 $3,274,400
2023 $63,969 $6,133,200 $3,521,700 $2,611,500
2022 $63,399 $5,981,000 $3,521,700 $2,459,300
2021 $63,525 $5,780,300 $3,321,000 $2,459,300
2020 $65,017 $5,557,000 $3,136,500 $2,420,500
2019 $62,818 $5,593,800 $3,136,500 $2,457,300
2018 $61,700 $5,593,800 $3,136,500 $2,457,300
2017 $61,532 $5,593,800 $3,136,500 $2,457,300
2016 $53,874 $4,866,700 $3,136,500 $1,730,200
2015 $52,908 $4,880,800 $3,136,500 $1,744,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71903602

MLS Property Information Network (MLS PIN)

APN: MANC-000020-000000-000028