NOT LISTED FOR SALE

27 Fairview Ave Swampscott, MA 01907

Estimated Value: $880,000 - $936,000

5 Beds
2 Baths
2,658 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $750,000 $282 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,563/month

7 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Property is near public transit
  • Swampscott High School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of May 2022

Space, comfort and privacy await in this beautiful two-family home nestled within a secluded neighborhood in Swampscott. This flexible layout offers a modern abode for the new owner plus an extra tenant unit, perfect for use as an in-law suite or to offset the mortgage. The owner’s unit has six rooms including three bedrooms, a beautifully updated kitchen with an island and a large dining room with a fireplace. The living area is set under a vaulted ceiling with exposed beams and a slider door that opens out to the deck where you can start your day with a coffee in hand. A laundry room completes this unit while the extra features include hardwood floors and lots of natural light. The tenant unit features two good-sized bedrooms. There is also a two-car garage and ample offstreet parking. A fenced-in private yard offers even more space whether you want to relax by the fire pit on a cool afternoon or gather with friends for a summertime cookout. No showings unti Sat. 4/16 between 10 - 5

Last Agent to Sell the Property

Paula DAngelo-Pickett

Coldwell Banker Realty - Marblehead Listed on: 04/11/2022

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,354

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Fenced

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,658 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Unfinished Basement
  • Garage Access
  • Washer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Clarke/Hadley Elementary School
  • SMS Middle School
  • Swampscott High School

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,900
  • Rent includes unit 2(heat gas hot water)
  • Assessor Parcel Number 2166979

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Golf Course Community
  • Bike Trail

Building Details

  • Operating Expense $1,654
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,354

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl, Unit 1(undefined)
  • Interior Amenities: Unit 1(Pantry,Cathedral/Vaulted Ceilings,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Sunroom)
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Garage Access, Unfinished
  • Living Area: 2658
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: H11111

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Bike Path, Conservation Area, House of Worship, Public School, T-Station, University
  • Rent Includes: Unit 2(Heat,Gas,Hot Water)

Lot Info

  • Parcel Number: 2166979
  • Zoning: A3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4966

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8354

Multi Family

  • Net Operating Income: 22800
  • Number Of Units Total: 2
  • Operating Expense: 1654
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Swampscott High
  • Elementary School: Clarke/Hadley
  • Middle Or Junior School: Sms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2016
Sold by
Constantino Diane F
Bought by
Constantino Raphael J
Current Estimated Value
$916,445

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 25, 2013
Sold by
Silverman Scott M and Silverman Lesley S
Bought by
Constantino Raphael J and Constantino Diane F
Seller's Agent
David Potter
Atlantic Coast Homes,Inc
Buyer's Agent
Jessica Schenkel
William Raveis R.E. & Home Services
List Price
$464,900
Sold Price
$460,000
Premium/Discount to List
-$4,900
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$345,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2013
Closed on
Mar 29, 2013
Sold by
Michaud Cynthia E
Bought by
Silverman Scott M and Silverman Lesley S
Seller's Agent
Samantha Moynihan
Century 21 North East
Buyer's Agent
Samantha Moynihan
Century 21 North East
List Price
$279,990
Sold Price
$270,000
Premium/Discount to List
-$9,990
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.26%
Original Mortgage
$202,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2011
Sold by
Fred J Gambale Ft
Bought by
Michaud Cynthia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,409
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2003
Sold by
Gambale Fred J
Bought by
Fred J Gambale Ft Irt

Purchase Details

Closed on
Mar 27, 2003
Sold by
Fred J Gambale Rt
Bought by
Gambale Fred J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Constantino Raphael J -- --
Constantino Raphael J $460,000 --
Silverman Scott M $270,000 --
Michaud Cynthia E $260,000 --
Fred J Gambale Ft Irt -- --
Gambale Fred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Constantino Raphael J $345,000
Previous Owner Gambale Fred J $202,500
Previous Owner Michaud Cynthia E $253,409
Previous Owner Gambale Fred J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2022 05/11/22 Sold $750,000 -6.2% $282 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $799,900 +73.9% $301 / Sq Ft
09/25/2013 09/25/13 Sold $460,000 -1.1% $170 / Sq Ft View Prior Sale
08/26/2013 08/26/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $464,900 +72.2% $172 / Sq Ft
03/28/2013 03/28/13 Sold $270,000 -3.6% $100 / Sq Ft View Prior Sale
01/27/2013 01/27/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $279,990 -- $104 / 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 $9,075 $791,200 $233,500 $557,700
2024 $8,814 $767,100 $222,400 $544,700
2023 $8,371 $713,000 $205,900 $507,100
2022 $8,355 $651,200 $181,200 $470,000
2021 $8,112 $587,800 $156,500 $431,300
2020 $7,367 $515,200 $148,300 $366,900
2019 $7,580 $498,700 $131,800 $366,900
2018 $7,773 $485,800 $131,800 $354,000
2017 $7,687 $440,500 $107,100 $333,400
2016 $7,266 $419,300 $98,800 $320,500
2015 $7,191 $419,300 $98,800 $320,500
2014 $5,724 $306,100 $82,400 $223,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72965218

MLS Property Information Network (MLS PIN)

APN: SWAM-000013-000054