NOT LISTED FOR SALE

49 Paradise Rd Swampscott, MA 01907

Estimated Value: $852,000 - $876,072

5 Beds
3 Baths
2,325 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $600,000 $258 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,491/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Patio
  • Swampscott High School Rated A-
  • Porch
  • 3-minute walk to Private Raymond L. Howland Park

About This Home

As of October 2018

Great investment opportunity in Swampscott! This 2 family is conveniently located just 3 blocks to the commuter rail (22 minutes to N Station) and 5 blocks to beautiful sandy beaches, library, restaurants and shops. 2010 renovations include... updated electric, insulation, plumbing, heating system and central air. Hardwood floors throughout. Kitchens boast granite counter tops and unit 1 with SS appliances. Unit 2, townhouse style, has in unit laundry in 2nd bath. NEW ROOF MAY 2018. Plenty of parking and a low maintenance backyard featuring a brick patio. This could be yours! Showings start at OPEN HOUSE Thur 9/6 5:30-7:00. OPEN HOUSE Sat 9/8 11:00-1:00. First review of offers Sunday 9/10 at 5:00 pm. Please allow 24 hours response time on all offers. Thanks!

Last Listed By

Daphne Corder

Conway - Swampscott Listed on: 09/04/2018

Conway - Swampscott

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,383

Year Built

  • Built in 1880

Lot Details

  • Year Round Access

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0001 B:053A L:0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,383

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Approximate, Renovated Since
  • List Price Per Sq Ft: 236.13
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1880

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: A14050
  • Main So: C95098
  • Estimated Sq Ft: 2325.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Stucco
  • Exterior Features: Porch, Deck, Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Stone/Gravel, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water, Individual Meter
  • Electric Features: Circuit Breakers, 200 Amps
  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tankless
  • Cooling Units: 2

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School

Lot Info

  • Assessments: 439800.00
  • Acre: 0.07
  • Lot Size: 3065.00
  • Parcel Number: M:0001 B:053A L:0
  • Zoning: A3
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 3650
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7037.00
  • Assessor Parcel Number: 2165209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 29, 2018
Sold by
Hayek Michael
Bought by
Alvarez Alejandro M
Seller's Agent
Daphne Corder
Conway - Swampscott
Buyer's Agent
Donna Lambert
Churchill Properties
List Price
$549,000
Sold Price
$600,000
Premium/Discount to List
$51,000
9.29%
Total Days on Market
7
Current Estimated Value
$860,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,268
Avg. Annual Appreciation
5.58%
Original Mortgage
$540,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2009
Sold by
Us Bk
Bought by
Hayek Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,928
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2008
Sold by
Rodriguez Nancy
Bought by
Us Bk

Purchase Details

Closed on
Apr 14, 2006
Sold by
Scott Gary
Bought by
Rodriguez Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2005
Sold by
Scapicchio Armand J and Scapicchio Veronica M
Bought by
Scott Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 1988
Sold by
Perrone Raymond G
Bought by
Scapicchio Armand J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
10.54%
Mortgage Type
Purchase Money Mortgage

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
Alvarez Alejandro M $600,000 --
Hayek Michael $245,000 --
Us Bk $311,250 --
Us Bk $311,250 --
Rodriguez Nancy $550,000 --
Scott Gary $360,000 --
Scapicchio Armand J $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Alejandro M $522,539
Closed Alvarez Alejandro M $537,846
Closed Alvarez Alejandro M $540,000
Previous Owner Hayek Michael $333,000
Previous Owner Hayek Michael $274,928
Previous Owner Rodriguez Nancy $440,000
Previous Owner Scott Gary $324,000
Previous Owner Scapicchio Armand J $206,000
Previous Owner Scapicchio Armand J $182,000
Previous Owner Scapicchio Armand J $165,000
Previous Owner Scapicchio Armand J $149,900
Previous Owner Scapicchio Armand J $166,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $600,000 +9.3% $258 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $549,000 -- $236 / 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 $8,383 $729,600 $204,500 $525,100
2023 $7,977 $679,500 $189,300 $490,200
2022 $7,872 $613,600 $159,000 $454,600
2021 $7,687 $557,000 $136,300 $420,700
2020 $7,101 $496,600 $121,200 $375,400
2019 $6,972 $458,700 $106,000 $352,700
2018 $7,037 $439,800 $98,400 $341,400
2017 $6,500 $372,500 $71,900 $300,600
2016 $6,076 $350,600 $61,300 $289,300
2015 $6,013 $350,600 $61,300 $289,300
2014 $5,775 $308,800 $61,300 $247,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72388318

MLS Property Information Network (MLS PIN)

APN: SWAM-000001-000053-A000000