$310,000
SOLD APR 23, 2018

62 Colby Way Nahant, MA 01908

3 Beds
2 Baths
1,039 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$298 Per Sq Ft

7% Below List Price

82 Days on Market

Highlights

  • Enclosed patio or porch
  • Garden
  • Floor Furnace
  • Swampscott High School Rated A-

About This Home

As of September 2020

Nahant cotttage just steps to ocean, park and school! 3 bedroom, 1 and 1/2 bath, kitchen/living combo with bonus room. Sale includes adjacent land running to Trimountain Rd, great driveway potential or garden/yard area. See attached GIS map of property in documents. This is a great chance to get into Nahant at a good entry price. Home needs work and is being sold as is. Newer roof. Great opportunity to put your own stamp on this home. Steps to beach, golf club, park and school. Nahant is a seaside community that boasts beautiful nature, beaches, watersports, a great commute to Boston and lowest tax rates in the area. Property dry and solid through this storm-come see. OPEN HOUSE this weekend

Last Agent to Sell the Property

Annie Wachtel

Coldwell Banker Realty - Marblehead Listed on: 01/10/2018

Coldwell Banker Realty - Marblehead

Last Buyer's Agent

Mitchell Wondolowski

Conway - Swampscott

Conway - Swampscott

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,746

Year Built

  • Built in 1920

Lot Details

  • Garden
  • Property is zoned R2

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Floor Furnace
  • Natural Gas Water Heater

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
  • Style: Cottage
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 317.61
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances: Washer, Dryer
  • No Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 6
  • Main Lo: K95001
  • Main So: M59500
  • Estimated Sq Ft: 1039.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Exterior Features: Porch - Enclosed, Garden Area

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Unpaved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Floor Furnace
  • Heat Zones: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Tennis Court, Park, Walk/Jog Trails, Golf Course, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, University

Schools

  • Elementary School: Johnson School
  • Middle School: Swampscott
  • High School: Swampscott

Lot Info

  • Assessments: 303600.00
  • Acre: 0.08
  • Lot Size: 3375.00
  • Page: 429
  • Zoning: R2
  • Lot Description: Level

Tax Info

  • Taxes: 3663.00
  • 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
$750,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,063
Avg. Annual Appreciation
6.61%
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

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 Type Sale Price Title Company
Not Resolvable $525,000 None Available
Deed $310,000 --
Deed $310,000 --
Deed -- --
Deed -- --
Deed $107,000 --
Deed $107,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Closed $420,000 New Conventional
Previous Owner $107,000 No Value Available
Previous Owner $109,000 No Value Available
Previous Owner $110,000 No Value Available
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: 72269616

MLS Property Information Network (MLS PIN)

APN: NAHA-000018-000000-000016