NOT LISTED FOR SALE

5 Erie St Unit 2 Swampscott, MA 01907

Estimated Value: $484,000 - $498,000

3 Beds
1 Bath
1,303 Sq Ft
$217/mo HOA Fee

Last Sold August 30, 2021

Last sale price $390,000 $299 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,328/month

8 Days on Market

Highlights

  • Waterfront
  • Property is near public transit
  • Jogging Path
  • Swampscott High School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of August 2021

Open-concept condominium in a quaint oceanside New England town. Natural light and ocean breezes pour over hardwood floors covering the unit's spacious three bedrooms, kitchen, and adjoining living room and dining area. This nice alternative to single family living is the ideal place to start your home-buying search. Close proximity to King's Beach and Swampscott Station on the MBTA Commuter Rail. The shops in Vinnin Square, Salem State University, and the wonderful restaurants and eating establishments of Swampscott, Salem and Marblehead are only a short drive away.Showings begin at OH Saturday July 17th from 12-2PM

Last Agent to Sell the Property

Justin Martino

Noddle Island Real Estate Listed on: 07/13/2021

Last Buyer's Agent

North Shore and More Team

eXp Realty

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 1900

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Shingle Roof

Interior Spaces

  • 1,303 Sq Ft Home
  • 2-Story Property
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Porch
  • Waterfront

Listing and Financial Details

  • Legal Lot and Block 002 / 00013C
  • Assessor Parcel Number 4533154

Community Details

Overview

  • Other Mandatory Fees include Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • Association fees include electricity, water, sewer, insurance
  • 2 Units

Amenities

  • Common Area
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,003

Year Built

Built in 1900

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: 2/3 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Entry Level: 2
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer, Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Area: 19800
  • Room Bedroom3 Area: 17056
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Room Master Bedroom Area: 23360
  • Master Bathroom Features: No
  • Room Dining Room Level: Second
  • Room Dining Room Area: 27416
  • Room Kitchen Level: Second
  • Room Kitchen Area: 18750
  • Laundry Features: In Unit, Washer Hookup
  • Room Living Room Level: Second
  • Room Living Room Area: 40000
  • Accessibility Features: No
  • Living Area: 1303
  • Stories Total: 2
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN5981
  • LIST PRICE PER Sq Ft: 276.29
  • PRICE PER Sq Ft: 299.31
  • MAIN SO: AC1022

Exterior Features

  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Steam, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Association Fee: 216.66
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, T-Station, University
  • OPT FEE INCLUDES: Exterior Maintenance, Landscaping, Snow Removal, Refuse Removal
  • UNIT BUILDING: #2

Fee Information

  • Association Fee Includes: Electricity, Water, Sewer, Insurance

Lot Info

  • Parcel Number: 4533154
  • Zoning: 102
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • PAGE: 174
  • OUTDOOR SPACE AVAILABLE: Yes - Common

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4003.38
  • Tax Block: 00013C
  • Tax Book Number: 36418
  • Tax Lot: 002
  • Tax Map Number: 0003

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 30, 2021
Sold by
Barry Nicholas
Bought by
Nova Kostandin and Nova Milena
Seller's Agent
Justin Martino
Noddle Island Real Estate
Buyer's Agent
North Shore and More Team
eXp Realty
List Price
$360,000
Sold Price
$390,000
Premium/Discount to List
$30,000
8.33%
Current Estimated Value
$490,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,921
Avg. Annual Appreciation
5.95%
Original Mortgage
$340,000
Outstanding Balance
$310,048
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$180,873

Purchase Details

Listed on
Mar 10, 2017
Closed on
Dec 19, 2017
Sold by
Picariello Concetta
Bought by
Barry Nicholas
Seller's Agent
Joseph Cipoletta
Aluxety
Buyer's Agent
John Yemma
Compass
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$223,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2014
Closed on
Nov 30, 2015
Sold by
Goss Amos and Zaidicz-Goss Stephanie
Bought by
Picariello Concetta
Seller's Agent
Shari McGuirk
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Joseph Cipoletta
Aluxety
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.01%

Purchase Details

Closed on
Aug 22, 2007
Sold by
Middlesex Fed Svgs
Bought by
Goss Amos and Zaidlicz-Goss Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2006
Sold by
Middlesex Fed Sb and Doherty Paula A
Bought by
Middlesex Fed Svgs
Source: Public Records

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
Nova Kostandin $390,000 None Available
Barry Nicholas $235,000 --
Picariello Concetta $245,000 --
Goss Amos $269,000 --
Middlesex Fed Svgs $213,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nova Kostandin $340,000
Previous Owner Barry Nicholas $218,000
Previous Owner Barry Nicholas $223,250
Previous Owner Doherty Paula A $215,200
Previous Owner Doherty Paula A $105,000
Previous Owner Doherty Paula A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $390,000 +8.3% $299 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $360,000 +53.2% $276 / Sq Ft
12/19/2017 12/19/17 Sold $235,000 -5.6% $180 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/16/2017 10/16/17 Price Changed $249,000 -4.2% $191 / Sq Ft
10/14/2017 10/14/17 For Sale $260,000 0.0% $200 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/05/2017 09/05/17 Price Changed $260,000 -4.4% $200 / Sq Ft
07/13/2017 07/13/17 Price Changed $272,000 -2.2% $209 / Sq Ft
05/31/2017 05/31/17 Price Changed $278,000 -2.1% $213 / Sq Ft
05/22/2017 05/22/17 For Sale $284,000 0.0% $218 / Sq Ft
04/22/2017 04/22/17 Pending -- -- --
04/19/2017 04/19/17 Price Changed $284,000 -1.7% $218 / Sq Ft
03/10/2017 03/10/17 For Sale $289,000 +18.0% $222 / Sq Ft
11/30/2015 11/30/15 Sold $245,000 -1.6% $188 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $249,000 0.0% $191 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
06/23/2015 06/23/15 Price Changed $249,000 -2.0% $191 / Sq Ft
04/15/2015 04/15/15 Price Changed $254,000 -1.9% $195 / Sq Ft
12/09/2014 12/09/14 For Sale $259,000 -- $199 / 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 $5,235 $456,400 $0 $456,400
2024 $4,694 $408,500 $0 $408,500
2023 $4,313 $367,400 $0 $367,400
2022 $4,052 $315,800 $0 $315,800
2021 $4,003 $290,100 $0 $290,100
2020 $3,994 $279,300 $0 $279,300
2019 $3,821 $251,400 $0 $251,400
2018 $3,808 $238,000 $0 $238,000
2017 $4,322 $247,700 $0 $247,700
2016 $4,293 $247,700 $0 $247,700
2015 $4,011 $233,900 $0 $233,900
2014 $3,906 $208,900 $0 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72864697

MLS Property Information Network (MLS PIN)

APN: SWAM-000003-000013-C000002