NOT LISTED FOR SALE

35 Banks Terrace Swampscott, MA 01907

Estimated Value: $842,000 - $999,000

4 Beds
2 Baths
2,056 Sq Ft
$449/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $690,000 $336 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,650/month

4 Days on Market

Highlights

  • Wood Flooring
  • Stone Wall
  • Storage Shed
  • Swampscott High School Rated A-

About This Home

As of May 2021

This popular Cape Cod dormer style home is perhaps the most iconic of all American house forms, evoking a sense of nostalgia unmatched by other styles. Nestled in our Historic Olmsted district. This freshly sided 4 bedroom home sits at the end of a cul-de-sac. Featuring two brick fireplaces in which to cozy up, a finished walk-out lower level for family time, work room & ample storage, 2020-21 Renovations include: Remodeled kitchen w/ new cabinets, SS appliances, a new wider window, All new Windows though-out, Every room freshly painted with BM White Dove, new Roof, new Floors and both Full bathrooms refreshed with new Vanities & Flooring. Slate wall and foundation surrounds, adding textured detail. See attached feature sheet for more details. Open to qualified principals by appointment Sat & Sun 12-2p. Pls submit offer on or before 4/13. Seller shall reserve the right to respond on or before 4/14.

Last Agent to Sell the Property

Karen Ferro

StartPoint Realty Listed on: 04/08/2021

StartPoint Realty

Last Buyer's Agent

Melissa Weinand

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 1966

Lot Details

  • Stone Wall
  • Property is zoned A-2

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Storage Shed
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0016 B:0093 L:0

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,074

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Cape
  • Other Agent: 1.50
  • Year Built Description: Actual, Certified Historic, Renovated Since
  • List Price Per Sq Ft: 316.10
  • Comp Based On: Net Sale Price
  • Year Built: 1966
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Fireplaces: 2
  • Flooring: Wood, Vinyl
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 4
  • Master Bedroom: On Level: First Floor, Ceiling Fan(s), Closet, Flooring - Wood
  • Bedroom 2: On Level: First Floor, Flooring - Wood
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Wood
  • Bedroom 4: On Level: Second Floor, Closet, Flooring - Wood
  • Full Bathrooms: 2
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
  • Bathroom 2: On Level: Second Floor, Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl
  • No Rooms: 7
  • Family Room: On Level: Basement, Fireplace, Closet, Flooring - Vinyl, Exterior Access, Open Floor Plan, Recessed Lighting, Remodeled, Walk-in Storage, Beadboard
  • Kitchen: On Level: First Floor, Ceiling Fan(s), Closet/Cabinets - Custom Built, Flooring - Vinyl, Dining Area, Countertops - Stone/Granite/Solid, Cabinets - Upgraded, Remodeled, Stainless Steel Appliances
  • Laundry: On Level: Basement, Closet, Flooring - Vinyl, Laundry Sink
  • Living Room: On Level: First Floor, Fireplace, Flooring - Wood, Window(s) - Picture
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out
  • Other Room 1: Name: 1/4 Bath, On Level: Basement, Flooring - Vinyl
  • Other Room 2: Name: Workshop, On Level: Basement
  • Main Lo: AN4305
  • Main So: M59500
  • Estimated Sq Ft: 2056.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Gutters, Storage Shed, Stone Wall
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling: Ductless Mini-Split System
  • Cooling Zones: 8
  • Heating: Ductless Mini-Split System
  • Heat Zones: 8
  • Hot Water: Electric

Condo/Co-op/Association

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

Lot Info

  • Assessments: 466600.00
  • Acre: 0.17
  • Lot Size: 7356.00
  • Page: 120
  • Parcel Number: M:0016 B:0093 L:0
  • Zoning: A-2
  • Lot Description: Cleared

Tax Info

  • Taxes: 6439.00
  • Assessor Parcel Number: 2167513
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 10, 2021
Sold by
Shafer Funda Z and Shafer Solomon D
Bought by
Garcia-Ramirez Myrna and Nunez Teofilo
Seller's Agent
Karen Ferro
StartPoint Realty
Buyer's Agent
Melissa Weinand
William Raveis R.E. & Home Services
List Price
$649,900
Sold Price
$690,000
Premium/Discount to List
$40,100
6.17%
Current Estimated Value
$922,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,223
Avg. Annual Appreciation
6.32%
Original Mortgage
$655,500
Outstanding Balance
$596,566
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$300,218

Purchase Details

Closed on
Jan 12, 2007
Sold by
Boston Anita K and Boston Dana Anita
Bought by
Shafer Solomon D and Shafer Funda
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Garcia-Ramirez Myrna $690,000 None Available
Shafer Solomon D $375,000 --
Shafer Solomon D $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia-Ramirez Myrna $100,000
Open Garcia-Ramirez Myrna $655,500
Closed Garcia-Ramirez Myrna $655,500
Previous Owner Shafer Funda Z $75,000
Previous Owner Shafer Funda Z $330,000
Previous Owner Shafer Solomon D $100,000
Previous Owner Shafer Solomon D $50,000
Previous Owner Shafer Solomon D $287,780
Previous Owner Shafer Solomon D $289,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $690,000 +6.2% $336 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $649,900 -- $316 / 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 $9,074 $791,100 $372,100 $419,000
2024 $9,411 $819,100 $353,900 $465,200
2023 $8,106 $690,500 $317,600 $372,900
2022 $7,304 $569,300 $272,200 $297,100
2021 $6,439 $466,600 $241,400 $225,200
2020 $6,089 $425,800 $215,500 $210,300
2019 $6,145 $404,300 $194,000 $210,300
2018 $6,046 $377,900 $176,700 $201,200
2017 $6,230 $357,000 $165,500 $191,500
2016 $6,187 $357,000 $165,500 $191,500
2015 $6,123 $357,000 $165,500 $191,500
2014 $5,874 $314,100 $137,900 $176,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72811673

MLS Property Information Network (MLS PIN)

APN: SWAM-000016-000093