NOT LISTED FOR SALE

51 Lincoln House Point Swampscott, MA 01907

Estimated Value: $2,680,000 - $3,929,000

5 Beds
5 Baths
3,747 Sq Ft
$908/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $1,125,000 $300 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $20,981/month

71 Days on Market

About This Home

As of May 2016

Fabulous opportunity to own this OCEAN FRONT 5 bedroom, 4.5 bath home offering direct beach access. Enjoy panoramic views from almost every room. A flexible floor plan offers options for either a 1st or 2nd floor master bedroom suite. The formal stone foyer leads your guests to a welcoming, fireplaced living room/dining room combination with French doors that open to a paved patio overlooking the ocean. Custom kitchen offers a cozy breakfast bar. 3 bedrooms, 1 ensuite, and a full bath plus a separate guest wing comprised of an ensuite bedroom complete the first floor. Convenient elevator access to the 2nd floor which features an additional master suite with private oceanfront balcony. An elegant office affords plenty of built ins. Heated solarium overlooks Swampscott Harbor. Oversized bonus room with fireplace, wet bar, powder room and more water views give the owner options galore! A 2nd oceanfront patio offers direct access to the beach. Shown by appointment.

Last Agent to Sell the Property

Jessica Schenkel

William Raveis R.E. & Home Services Listed on: 01/07/2016

William Raveis R.E. & Home Services

Last Buyer's Agent

Jill Citrano

Leading Edge Real Estate

Leading Edge Real Estate

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,383

Year Built

1948

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Scenic View(s)
  • Property Type: Single Family
  • Other Agent: 1.50
  • Handicap Access: Yes
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Vacuum System - Rough-in
  • Fireplaces: 2
  • Has Basement: No
  • Fireplaces: 2
  • Primary Bathroom: Yes
  • Number of Rooms: 9
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, University
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Parquet
  • Interior Amenities: Security System, Cable Available, Wetbar, French Doors
  • Bedroom 2: First Floor
  • Bedroom 3: First Floor
  • Bedroom 4: First Floor
  • Bedroom 5: First Floor
  • Bathroom #1: First Floor
  • Bathroom #2: First Floor
  • Bathroom #3: First Floor
  • Kitchen: First Floor
  • Laundry Room: First Floor
  • Living Room: First Floor
  • Master Bedroom: Second Floor
  • Master Bedroom Description: Bathroom - Full, Flooring - Hardwood, Balcony - Exterior, Slider
  • Dining Room: First Floor
  • Family Room: Second Floor
  • Oth1 Room Name: Bathroom
  • Oth1 Dscrp: Bathroom - Full
  • Oth2 Room Name: Bathroom
  • Oth2 Dscrp: Bathroom - Half

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Features: Deck, Patio, Balcony, Sprinkler System, Outdoor Shower
  • Foundation: Slab
  • Waterfront: Ocean, Direct Access
  • Waterview Flag: Yes

Garage/Parking

  • Garage Parking: Attached, Garage Door Opener, Side Entry
  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Central Heat, Gas, Electric
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Schools

  • Middle School: Swampscott
  • High School: Swampscott

Lot Info

  • Zoning: A2

Multi Family

  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
May 13, 2016
Sold by
Oceanside Rt
Bought by
Pappas Rt
Seller's Agent
Jessica Schenkel
William Raveis R.E. & Home Services
Buyer's Agent
Jill Citrano
Leading Edge Real Estate
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Current Estimated Value
$3,401,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,276,285
Avg. Annual Appreciation
12.50%

Purchase Details

Closed on
Nov 8, 1999
Sold by
Spinale Domenic A and Spinale Lisa B
Bought by
Maceachern A Walter and Maceachern Mary R
Source: Public Records

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
Pappas Rt $1,125,000 --
Pappas Rt $1,125,000 --
Maceachern A Walter $825,000 --
Maceachern A Walter A $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maceachern A Walter A $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $1,125,000 -10.0% $300 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $1,250,000 -- $334 / 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 $35,383 $3,084,800 $1,304,100 $1,780,700
2024 $34,256 $2,981,400 $1,242,000 $1,739,400
2023 $33,607 $2,862,600 $1,242,000 $1,620,600
2022 $33,603 $2,619,100 $1,190,300 $1,428,800
2021 $34,326 $2,487,400 $1,086,800 $1,400,600
2020 $35,287 $2,467,600 $1,086,800 $1,380,800
2019 $31,599 $2,078,900 $983,300 $1,095,600
2018 $14,904 $931,500 $931,500 $0
2017 $25,287 $1,449,100 $931,500 $517,600
2016 $25,113 $1,449,100 $931,500 $517,600
2015 $24,852 $1,449,100 $931,500 $517,600
2014 $22,908 $1,225,000 $724,500 $500,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71946781

MLS Property Information Network (MLS PIN)

APN: SWAM-000021-000066