NOT LISTED FOR SALE

68 Phillips Beach Ave Swampscott, MA 01907

Estimated Value: $3,598,000 - $5,838,000

4 Beds
5 Baths
5,563 Sq Ft
$823/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $1,750,000 $315 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $27,572/month

330 Days on Market

Highlights

  • Ocean View
  • Sauna
  • Deck
  • Swampscott High School Rated A-
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of February 2020

This spectacular 4 en-suite bedroom oceanfront home with DIRECT BEACH ACCESS is uniquely sited to afford views of the ocean, salt marsh & conservation land. Limestone floors with radiant heat flow seamlessly into an open concept entertainment area which includes a fireplaced living room & a dining room, both with walls of glass & french doors that open to a wrap around deck. Culinarians will appreciate a well-applianced kitchen with casual island seating and a large dining area with access to the deck. The paneled family room has custom built ins & french doors accessing the deck. A 1st floor master bedroom offers marsh views & deck access. Upstairs you'll find an additional master suite with private balcony & 2 more bedrooms, one with a sauna, the other a private deck. An expansive, sunken sitting area features french doors that open onto a private balcony. The laundry room is spacious with generous counter & cabinet space. Attached 2 car heated garage & additional storage area.

Last Agent to Sell the Property

Jessica Schenkel

William Raveis R.E. & Home Services Listed on: 03/12/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

Cheryl Priplata

Compass

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • Property fronts a marsh
  • Year Round Access
  • Landscaped Professionally
  • Sprinkler System
  • Property is zoned A1

Parking

  • 2 Car Garage

Interior Spaces

  • Central Vacuum
  • Sauna
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Whole House Vacuum System

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0.56 Acres

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Year Built Description: Actual
  • List Price Per Sq Ft: 449.40
  • Comp Based On: Net Sale Price
  • Year Built: 1997
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Fireplaces: 2
  • Flooring: Wall to Wall Carpet, Hardwood, Stone / Slate
  • Interior Amenities: Central Vacuum, Security System, Cable Available, Sauna/Steam/Hot Tub, Internet Available - Unknown
  • Appliances: Wall Oven, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Freezer, Washer, Dryer, Vacuum System
  • No Bedrooms: 4
  • Master Bedroom: On Level: Second Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Ceiling - Cathedral, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Hardwood, Balcony - Exterior, Exterior Access, Recessed Lighting
  • Bedroom 2: On Level: Second Floor, Bathroom - Full, Flooring - Hardwood, Steam / Sauna
  • Bedroom 3: On Level: Second Floor, Bathroom - Full, Flooring - Hardwood, Balcony - Exterior
  • Bedroom 4: On Level: First Floor, Bathroom - Full, Bathroom - Double Vanity/Sink, Closet - Walk-in, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, French Doors, Deck - Exterior, Exterior Access
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Primary Bathroom: Yes
  • Bathroom 1: On Level: First Floor
  • Bathroom 2: On Level: First Floor
  • Bathroom 3: On Level: Second Floor
  • No Rooms: 9
  • Dining Room: On Level: First Floor, Flooring - Stone/Ceramic Tile, Exterior Access, Open Floor Plan
  • Family Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Balcony / Deck, French Doors, Exterior Access
  • Kitchen: On Level: First Floor, Flooring - Stone/Ceramic Tile, Dining Area, Pantry, Countertops - Stone/Granite/Solid, French Doors, Kitchen Island, Breakfast Bar / Nook, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floor Plan, Stainless Steel Appliances
  • Laundry: On Level: Second Floor, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Attic Access
  • Living Room: On Level: First Floor, Fireplace, Flooring - Stone/Ceramic Tile, Exterior Access, Open Floor Plan
  • Other Room 1: Name: Sitting Room, On Level: Second Floor, Fireplace, Flooring - Hardwood, Balcony - Exterior, French Doors
  • Other Room 2: Name: Sitting Room, On Level: Second Floor, Flooring - Hardwood
  • Main Lo: AN4471
  • Main So: BB5918
  • Estimated Sq Ft: 5563.00

Exterior Features

  • Beach Ownership: Private, Deeded Rights
  • Waterfront: Ocean, Walk to, Direct Access, Marsh
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Marsh, Ocean, Walk to
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles
  • Exterior Features: Deck, Patio, Balcony, Professional Landscaping, Sprinkler System, Outdoor Shower
  • Foundation: Poured Concrete
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: Off-Street, Stone/Gravel
  • Parking Spaces: 6
  • Garage Parking: Attached, Under, Garage Door Opener, Heated, Storage, Work Area
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Cooling: Central Air
  • Heating: Radiant, Gas
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Conservation Area, House of Worship, Private School, Public School

Lot Info

  • Assessments: 2972800.00
  • Acre: 0.56
  • Lot Size: 24524.00
  • Page: 501
  • Zoning: A1
  • Lot Description: Scenic View(s)

Tax Info

  • Taxes: 42511.04
  • Assessor Parcel Number: 2169285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Feb 19, 2020
Sold by
Schenkel Jessica L and Schiavone Silvestro
Bought by
Otoole Matthew H
Seller's Agent
Jessica Schenkel
William Raveis R.E. & Home Services
Buyer's Agent
Cheryl Priplata
Compass
List Price
$2,500,000
Sold Price
$1,750,000
Premium/Discount to List
-$750,000
-30%
Current Estimated Value
$4,576,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,826,113
Avg. Annual Appreciation
17.31%

Purchase Details

Closed on
Oct 16, 2018
Sold by
Sterman Dorothy A
Bought by
Schenkel Jessica L and Scola John

Purchase Details

Closed on
Jun 28, 2001
Sold by
Lachenauer Eckhard and Lachenauer Marlene
Bought by
Sterman Dorothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Otoole Matthew H $1,750,000 None Available
Otoole Matthew H $1,750,000 None Available
Otoole Matthew H $1,750,000 None Available
Schenkel Jessica L -- --
Schenkel Jessica L -- --
Schenkel Jessica L -- --
Sterman Dorothy A $2,500,000 --
Sterman Dorothy A $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sterman Dorothy A $2,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $1,750,000 -30.0% $315 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $2,500,000 0.0% $449 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $2,500,000 -9.1% $449 / Sq Ft
06/11/2019 06/11/19 Price Changed $2,750,000 -8.3% $494 / Sq Ft
04/17/2019 04/17/19 For Sale $2,999,000 0.0% $539 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $2,999,000 -- $539 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $48,812 $4,255,600 $1,900,800 $2,354,800
2024 $47,218 $4,109,500 $1,810,300 $2,299,200
2023 $46,719 $3,979,500 $1,810,300 $2,169,200
2022 $43,441 $3,385,900 $1,734,800 $1,651,100
2021 $39,482 $2,861,000 $1,584,000 $1,277,000
2020 $42,511 $2,972,800 $1,584,000 $1,388,800
2019 $40,528 $2,666,300 $1,433,100 $1,233,200
2018 $40,581 $2,536,300 $1,357,700 $1,178,600
2017 $42,934 $2,460,400 $1,357,700 $1,102,700
2016 $42,639 $2,460,400 $1,357,700 $1,102,700
2015 $42,196 $2,460,400 $1,357,700 $1,102,700
2014 $46,019 $2,460,900 $1,056,000 $1,404,900
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72463966

MLS Property Information Network (MLS PIN)

APN: SWAM-000030-000022

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