NOT LISTED FOR SALE

7 Arbutus Rd Swampscott, MA 01907

Estimated Value: $830,842 - $925,000

3 Beds
1.5 Baths
1,779 Sq Ft
$488/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $690,000 $388 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,424/month

8 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Deck
  • Swampscott High School Rated A-
  • Custom Closet System
  • Property is near public transit

About This Home

As of September 2021

One of Swampcott's most sought after neighborhoods! After 50 years with the same owner, this spacious and sunny home presents an exciting opportunity to make it your own. New walkway and stairs lead to the front door. First floor entry with large walk-in closet leads to a second foyer; Three bedrooms with great closet space, a full bath and linen closet in hallway complete the second floor. Open living room and dining room with den/office off living room; Large private, fenced-in yard with deck and patio has space for a garage. Offers, if any,due Tuesday 8/10 at noon. Please allow 24 hour response.

Last Agent to Sell the Property

Marla Gay

Sagan Harborside Sotheby's International Realty Listed on: 08/03/2021

Last Buyer's Agent

Amy Wallick

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Fenced
  • Level Lot
  • Property is zoned A-2

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,779 Sq Ft Home
  • Bay Window
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • Custom Closet System
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • SMS Middle School
  • SHS High School

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Oil Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Block 0086
  • Assessor Parcel Number 2168015

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Other (See Remarks)
  • Year Built: 1920
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Special Features: None

Interior Features

  • Flooring: Wood, Tile, Carpet, Flooring - Stone/Ceramic Tile
  • Interior Amenities: Walk-In Closet(s), Entry Hall, Foyer, Internet Available - Unknown
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer, Oil Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Room Bedroom2 Level: Second
  • Room Bedroom2 Features: Flooring - Wall to Wall Carpet, Flooring - Wood
  • Room Bedroom3 Features: Flooring - Wall to Wall Carpet, Flooring - Wood
  • Room Bedroom3 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Features: Walk-In Closet(s), Closet, Flooring - Wall to Wall Carpet, Flooring - Wood
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Half
  • Bathroom 1 Level: First
  • Bathroom 2 Level: Second
  • Bathroom 2 Features: Bathroom - Full, Flooring - Stone/Ceramic Tile
  • Room Dining Room Features: Closet/Cabinets - Custom Built, Flooring - Wall to Wall Carpet, Flooring - Wood
  • Room Dining Room Level: First
  • Room Family Room Level: First
  • Room Family Room Features: Flooring - Wood
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Flooring - Wall to Wall Carpet, Flooring - Wood, Window(s) - Bay/Bow/Box
  • Basement: Full, Bulkhead, Concrete, Unfinished
  • Living Area: 1779
  • MAIN LO: AN4471
  • LIST PRICE PER Sq Ft: 381.68
  • PRICE PER Sq Ft: 387.86
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Frontage Length: 60
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: None
  • Heating: Steam, Oil
  • Cooling Y N: No
  • Electric: Circuit Breakers, Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, House of Worship, Public School, T-Station, University, Sidewalks

Lot Info

  • Parcel Number: 2168015
  • Zoning: A-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • Property Attached YN: No
  • LOT SIZE: 6965
  • PAGE: 388

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6793.74
  • Tax Block: 0086
  • Tax Book Number: 15389
  • Tax Lot: 0
  • Tax Map Number: 0020

MLS Schools

  • High School: Shs
  • Middle Or Junior School: Sms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 20, 2021
Sold by
Lovins David B and Weiner Susan B
Bought by
Wilson Luke P and Chaggaris-Wilson Nicole
Seller's Agent
Marla Gay
Sagan Harborside Sotheby's International Realty
Buyer's Agent
Amy Wallick
Lamacchia Realty, Inc.
List Price
$679,000
Sold Price
$690,000
Premium/Discount to List
$11,000
1.62%
Current Estimated Value
$867,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,961
Avg. Annual Appreciation
4.95%
Original Mortgage
$655,500
Outstanding Balance
$599,504
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$234,268
Source: Public Records

Range of Values:

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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
Wilson Luke P $690,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Luke P $655,500
Closed Wilson Luke P $655,500
Previous Owner Lovins Edward $100,000
Previous Owner Lovins Edward $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $690,000 +1.6% $388 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $679,000 -- $382 / 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 $8,342 $727,300 $366,500 $360,800
2024 $8,103 $705,200 $348,600 $356,600
2023 $7,509 $639,600 $312,800 $326,800
2022 $6,609 $515,100 $268,100 $247,000
2021 $6,794 $492,300 $250,300 $242,000
2020 $6,609 $462,200 $223,500 $238,700
2019 $6,685 $439,800 $201,100 $238,700
2018 $6,483 $405,200 $183,200 $222,000
2017 $6,577 $376,900 $171,600 $205,300
2016 $6,532 $376,900 $171,600 $205,300
2015 $6,464 $376,900 $171,600 $205,300
2014 $6,164 $329,600 $143,000 $186,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72875257

MLS Property Information Network (MLS PIN)

APN: SWAM-000020-000086