NOT LISTED FOR SALE

62 Colby Way Nahant, MA 01908

Estimated Value: $707,000 - $769,000

2 Beds
2 Baths
1,039 Sq Ft
$701/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $525,000 $505 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,521/month

152 Days on Market

Highlights

  • Ocean View
  • Screened Porch
  • Garden
  • Swampscott High School Rated A-

About This Home

As of September 2020

INTERESTED IN AN URBAN ALTERNATIVE? - Open public parks - fresh air - steps to the Atlantic ocean - extensive renovation of a 1920 home by architect Mariana Vaida - a 'foodies' kitchen open to the living and dining areas - water views - steps to the beach - golf. All new electrical wiring, plumbing, VRF Mitsubishi split system with three heating/cooling units each on its independent zone, new gas fired on demand hot water, new appliances, new windows, icynene foam insulation in all exterior walls, new kitchen and 2 full baths - master bedroom with large walk-in closet. Parking and a yard for perennials and raised beds to grow herbs and vegetables in the summer - steps to Baily's Point and beach A great coastal lifestyle awaits!

Last Agent to Sell the Property

Mitchell Wondolowski

Conway - Swampscott Listed on: 02/27/2020

Conway - Swampscott

Last Buyer's Agent

Linda Jenkins

Nahant Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,746

Year Built

  • Built in 1920

Lot Details

  • Year Round Access
  • Garden
  • Property is zoned R2

Interior Spaces

  • Screened Porch
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Air Source Heat Pump
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,746

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Year Built Description: Actual
  • List Price Per Sq Ft: 529.26
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Interior Amenities: Cable Available
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: Second Floor
  • No Rooms: 5
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • Other Room 1: Name: Study, On Level: First Floor
  • Main Lo: M59500
  • Main So: C76600
  • Estimated Sq Ft: 1039.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch - Enclosed, Porch - Screened, Patio, Garden Area
  • Foundation: Fieldstone
  • Insulation Feature: Full

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Air Source Heat Pumps (ASHP)
  • Cooling Zones: 3
  • Heating: Air Source Heat Pumps (ASHP)
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Park, Golf Course, Conservation Area, Public School

Lot Info

  • Assessments: 472400.00
  • Lot: 16
  • Acre: 0.08
  • Lot Size: 3354.00
  • Page: 222
  • Zoning: R2
  • Lot Description: Level

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Tax Info

  • Taxes: 5182.00
  • Assessor Parcel Number: 2063101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Sep 10, 2020
Sold by
Pv M Llc
Bought by
Musman Mikaela
Seller's Agent
Mitchell Wondolowski
Conway - Swampscott
Buyer's Agent
Linda Jenkins
Nahant Associates, Inc.
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Current Estimated Value
$728,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,410
Avg. Annual Appreciation
6.71%
Original Mortgage
$420,000
Outstanding Balance
$375,442
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$340,601

Purchase Details

Listed on
Jan 10, 2018
Closed on
Apr 23, 2018
Sold by
62 Colby Way Nt and Russo
Bought by
Pv & M Llc
Seller's Agent
Annie Wachtel
Coldwell Banker Realty - Marblehead
Buyer's Agent
Mitchell Wondolowski
Conway - Swampscott
List Price
$335,000
Sold Price
$310,000
Premium/Discount to List
-$25,000
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.43%

Purchase Details

Closed on
Oct 16, 2017
Sold by
Russo Vincent M
Bought by
62 Colby Way Nt and Russo

Purchase Details

Closed on
Jul 18, 1997
Sold by
Latta Jacqueline M
Bought by
Russo Vincent P
Source: Public Records

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Range of Values:

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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
Musman Mikaela $525,000 None Available
Pv & M Llc $310,000 --
Pv & M Llc $310,000 --
62 Colby Way Nt -- --
62 Colby Way Nt -- --
Russo Vincent P $107,000 --
Russo Vincent P $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musman Mikaela $420,000
Closed Musman Mikaela $420,000
Previous Owner Russo Vincent P $107,000
Previous Owner Russo Vincent P $109,000
Previous Owner Russo Vincent P $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $525,000 -4.5% $505 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $549,900 +77.4% $529 / Sq Ft
04/23/2018 04/23/18 Sold $310,000 -6.1% $298 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/27/2018 03/27/18 Price Changed $330,000 -1.5% $318 / Sq Ft
03/26/2018 03/26/18 For Sale $335,000 0.0% $322 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $335,000 0.0% $322 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/27/2018 02/27/18 Price Changed $335,000 -4.3% $322 / Sq Ft
01/10/2018 01/10/18 For Sale $349,900 -- $337 / 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 $5,746 $628,000 $320,500 $307,500
2024 $5,332 $587,900 $280,400 $307,500
2023 $5,145 $566,000 $280,400 $285,600
2022 $5,047 $515,500 $256,400 $259,100
2021 $5,559 $528,900 $240,400 $288,500
2020 $5,182 $472,400 $224,300 $248,100
2019 $3,426 $314,000 $208,300 $105,700
2018 $3,112 $303,600 $200,300 $103,300
2017 $3,179 $303,600 $200,300 $103,300
2016 $2,898 $275,500 $176,300 $99,200
2015 $2,743 $251,200 $159,000 $92,200
2014 $2,612 $236,800 $144,600 $92,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72625364

MLS Property Information Network (MLS PIN)

APN: NAHA-000018-000000-000016