NOT LISTED FOR SALE

53 Magnolia Rd Swampscott, MA 01907

Estimated Value: $803,000 - $884,000

3 Beds
2 Baths
1,646 Sq Ft
$510/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $553,700 $336 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,114/month

20 Days on Market

Highlights

  • Engineered Wood Flooring
  • Screened Porch
  • Patio
  • Swampscott High School Rated A-
  • Fenced Yard
  • Heating System Uses Steam

About This Home

As of May 2019

Move right in! This bright & sunny Colonial, situated on a beautiful tree lined street, has been recently updated and freshly painted. There is a wonderful circular flow through the inviting arched doorways. Start in the generous living room where the fireplace with its classic white custom mantel is the room's focal point. Then on to the dining room with original corner cabinet and access to the cozy screened in porch. On to the kitchen with newly updated quartz countertops, flooring and some new custom cabinets plus a huge farmer's sink and topped off with fun retro appliances. You'll also find an updated half bath and a large but cozy family room. Upstairs, hardwood floors run through the spacious open landing into the 3 bedrooms and full bathroom. The master includes a walk-in closet with custom shelving. In the backyard you'll find a beautiful wisteria covered pergola, stone patio, mature trees, irrigation system and plenty of room to play. Less than one mile from the beach!

Last Agent to Sell the Property

Lise Danforth

Coldwell Banker Realty - Marblehead Listed on: 02/12/2019

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,948

Year Built

  • Built in 1938

Lot Details

  • Year Round Access
  • Fenced Yard
  • Sprinkler System
  • Property is zoned A-2

Interior Spaces

  • Window Screens
  • Screened Porch
  • Engineered Wood Flooring
  • Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,948

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 349.33
  • Comp Based On: Net Sale Price
  • Year Built: 1938
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1938

Interior Features

  • Fireplaces: 1
  • Flooring: Hardwood, Engineered Hardwood
  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet - Walk-in, Flooring - Hardwood
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Hardwood
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Half, Flooring - Wood
  • Bathroom 2: On Level: Second Floor, Bathroom - Tiled With Tub & Shower
  • No Rooms: 7
  • Dining Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Hardwood
  • Family Room: On Level: First Floor, Flooring - Hardwood
  • Kitchen: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Wood, Countertops - Stone/Granite/Solid, Remodeled
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor, Fireplace, Flooring - Hardwood
  • Basement: Y
  • Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: K95001
  • Main So: H11111
  • Estimated Sq Ft: 1646.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Porch - Screened, Patio, Storage Shed, Sprinkler System, Screens, Fenced Yard
  • Foundation: Fieldstone
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Window AC
  • Heating: Hot Water Radiators, Steam, Gas, Electric
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station, University

Schools

  • Middle School: SMS
  • High School: SHS

Lot Info

  • Assessments: 431900.00
  • Acre: 0.12
  • Lot Size: 5532.00
  • Page: 331
  • Zoning: A-2
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Storm Doors

Tax Info

  • Taxes: 6565.00
  • Assessor Parcel Number: 2168082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2019
Closed on
May 24, 2019
Sold by
Altschuler Joshua
Bought by
Altman Aaron B and Plapinger Katherine H
Seller's Agent
Lise Danforth
Coldwell Banker Realty - Marblehead
Buyer's Agent
Non Member
Non Member Office
List Price
$575,000
Sold Price
$553,700
Premium/Discount to List
-$21,300
-3.7%
Current Estimated Value
$817,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,317
Avg. Annual Appreciation
6.04%
Original Mortgage
$276,850
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2018
Closed on
Jun 20, 2018
Sold by
Cormier James D and Stutz Cornelia
Bought by
Colpitts Tonya M
Seller's Agent
Christine Tierney
Compass
Buyer's Agent
Emily Gaffney
Coldwell Banker Realty - Marblehead
List Price
$515,000
Sold Price
$543,551
Premium/Discount to List
$28,551
5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$482,295
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 2010
Sold by
Stutz Cornelia G
Bought by
Stutz Cornelia and Cormier James D

Purchase Details

Closed on
Sep 2, 2010
Sold by
Picone Steven L and Hynes Lisa Marie
Bought by
Stutz Cornelia S

Purchase Details

Closed on
Sep 9, 1994
Sold by
Watts Robert D
Bought by
Picone Steven L and Hynes Lisa Marie
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
Altman Aaron B $553,700 --
Colpitts Tonya M $543,551 --
Stutz Cornelia -- --
Stutz Cornelia S $330,000 --
Picone Steven L $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Aaron B $278,000
Closed Altman Aaron B $276,850
Previous Owner Colpitts Tonya M $482,295
Previous Owner Picone Steven L $250,000
Previous Owner Picone Steven L $30,000
Previous Owner Picone Steven L $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $553,700 -3.7% $336 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $575,000 +5.8% $349 / Sq Ft
06/20/2018 06/20/18 Sold $543,551 +5.5% $330 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $515,000 -- $313 / 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 $7,948 $692,900 $345,900 $347,000
2024 $7,707 $670,800 $329,000 $341,800
2023 $7,163 $610,100 $295,300 $314,800
2022 $6,796 $529,700 $253,100 $276,600
2021 $6,656 $482,300 $236,200 $246,100
2020 $6,478 $453,000 $210,900 $242,100
2019 $6,565 $431,900 $189,800 $242,100
2018 $6,483 $405,200 $172,900 $232,300
2017 $6,605 $378,500 $162,000 $216,500
2016 $6,559 $378,500 $162,000 $216,500
2015 $6,491 $378,500 $162,000 $216,500
2014 $6,051 $323,600 $135,000 $188,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72452410

MLS Property Information Network (MLS PIN)

APN: SWAM-000020-000156