NOT LISTED FOR SALE

48 Banks Rd Swampscott, MA 01907

Estimated Value: $855,000 - $1,004,000

4 Beds
3 Baths
2,411 Sq Ft
$392/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $500,000 $207 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,074/month

36 Days on Market

About This Home

As of August 2014

Pristine, charming, Monument area Victorian. Walk to beach, library, schools and train (22 min train ride to N.Station, Boston). Gracious foyer with French doors. High ceilings, dentil moulding,window seat. Home is currently a two family, could easily be converted back to its original use as a single, Completely renovated with careful attention to quality & period detail. First floor- 4 room, 1 bedroom unit.High end bath, custom kitchen- stainless appliances, two-tone cabinets, granite counters. Open floor plan perfect for entertaining. New windows, fireplace. Deck off kitchen. 2nd-3rd floor unit with 3 bedrooms, 2 baths. Deck off dining room, overlooking lush, stone patio & spacious front yard with picket fence. Ornamental fireplace in living room.3-4 car parking. Hardwood floors throughout. Inviting wrap around porch, perfect for summer enjoyment. Generous size rooms, ample closets and storage space. First review of offers after open house, Sun 6/29 12-1:30. Olmstead District Gem!

Last Listed By

Nancy Hughes

Conway - Swampscott Listed on: 06/24/2014

Conway - Swampscott

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,081

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Fireplaces: 1
  • Has Basement: Yes
  • Fireplaces: 1
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, House of Worship, Public School, T-Station
  • Flooring: Wood, Tile

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior Features: Porch, Deck, Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2019
Sold by
Aguero-Hoffman Veronica and Smith Damion
Bought by
Moretti Jeanine and Moretti Jordan
Total Days on Market
36
Current Estimated Value
$944,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Outstanding Balance
$481,663
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$462,580

Purchase Details

Listed on
Jun 24, 2014
Closed on
Aug 29, 2014
Sold by
Killion Christopher N and Killion Coral M
Bought by
Aguero-Hoffman Veronica
Seller's Agent
Nancy Hughes
Conway - Swampscott
Buyer's Agent
Sabbor Sheikh
Coldwell Banker Realty - Boston
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$457,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2009
Sold by
Killion Christopher N and Killion Coral M
Bought by
Killion Christopher N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,500
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2009
Sold by
Sverker Jon E
Bought by
Northern B & T Co

Purchase Details

Closed on
Jun 30, 2006
Sold by
Joyce Jeffrey and Joyce Kristen
Bought by
Sverker Jon E and Sverker Beverly G

Purchase Details

Closed on
Nov 30, 1999
Sold by
Lyle James M
Bought by
Joyce Jeffrey and Joyce Kristin

Range of Values:

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Average Value
Not Available
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
Moretti Jeanine $680,000 --
Aguero-Hoffman Veronica $500,000 --
Killion Christopher N -- --
Killion Christopher N $330,000 --
Northern B & T Co $210,000 --
Sverker Jon E $425,000 --
Joyce Jeffrey $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moretti Jeanine $129,300
Open Moretti Jeanine $544,000
Previous Owner Aguero-Hoffman Veronica $457,000
Previous Owner Lyle James M $212,500
Previous Owner Lyle James M $208,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $500,000 +2.2% $207 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/24/2014 06/24/14 For Sale $489,000 -- $203 / 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
2024 $10,081 $877,400 $334,500 $542,900
2023 $9,508 $809,900 $300,200 $509,700
2022 $9,444 $736,100 $257,300 $478,800
2021 $9,355 $677,900 $240,200 $437,700
2020 $7,942 $555,400 $214,400 $341,000
2019 $8,117 $534,000 $193,000 $341,000
2018 $8,067 $504,200 $175,800 $328,400
2017 $8,250 $472,800 $164,700 $308,100
2016 $7,974 $460,100 $164,700 $295,400
2015 $7,891 $460,100 $164,700 $295,400
2014 $7,347 $392,900 $137,200 $255,700
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2014

    Nancy Hughes

    Conway - Swampscott

    (781) 913-6074

    7 in this area

    21 Total Sales

    Nancy Hughes
    Section Image
  • Sabbor Sheikh

    Buyer's Agent in 2014

    Sabbor Sheikh

    Coldwell Banker Realty - Boston

    (617) 266-4430

    115 Total Sales

    Sabbor Sheikh
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71704355

MLS Property Information Network (MLS PIN)

APN: SWAM-000016-000030

Massachusetts Essex County Swampscott 01907

48 Banks Rd, Swampscott, MA

Homes for Sale in Swampscott, MA

This home is located at 48 Banks Rd, Swampscott, MA 01907 since 24 June 2014 and is currently estimated at $944,243, approximately $391 per square foot. This property was built in 1910. 48 Banks Rd is a home located in Essex County with nearby schools including Swampscott Middle School and Swampscott High School.

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