NOT LISTED FOR SALE

7 Eureka Ave Swampscott, MA 01907

Estimated Value: $788,000 - $895,000

4 Beds
3 Baths
2,188 Sq Ft
$388/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $590,000 $270 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,354/month

12 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Patio
  • Swampscott High School Rated A-

About This Home

As of October 2019

An updated & well maintained Two-Family on a nice tucked-away street. Great opportunity to live in the light-filled, roomy 3 bedroom unit with high ceilings--and benefit from excellent rental income. A good opportunity for in-law or multi-generational living with easy access to first floor unit. One bedroom & 3 bedroom (Townhouse style) units. 2nd Floor unit is vacant & 1st Floor is TAW. First floor unit has exclusive basement space for some additional living space, storage and laundry area. Great for commuters--Train is less than 1 mile away so no need to fight the traffic or parking at the station. Plenty of outside space on the front porches and pretty yard. Large 2 car garage. New roof on the main house (June 2019), several brand-new windows, Garage roof 6 years old, 2nd Floor unit has new carpeting in bedrooms and is freshly painted, Heating system approx 3 years old, hot water heaters approx 2017, garage door has been replaced.

Last Agent to Sell the Property

Linda Hayes

William Raveis R.E. & Home Services Listed on: 07/30/2019

William Raveis R.E. & Home Services

Last Buyer's Agent

M. J. Taglieri

Options Real Estate Services, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,191

Year Built

  • Built in 1925

Lot Details

  • 6,534

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Outdoor Features

  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:0007 B:0019 L:0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,191

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 262.80
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood, Wood Laminate
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Partially Finished, Walk Out, Interior Access, Bulkhead, Sump Pump, Concrete Floor
  • Main Lo: NB5012
  • Main So: C95127
  • Estimated Sq Ft: 2188.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Wood
  • Exterior Features: Porch, Patio, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 1000
  • Electric Features: Circuit Breakers
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Conservation Area, Public School, T-Station

Schools

  • High School: SHS--Newer

Lot Info

  • Assessments: 488800.00
  • Acre: 0.15
  • Lot Size: 6534.00
  • Page: 2
  • Parcel Number: M:0007 B:0019 L:0
  • Zoning: A3
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rent: 1650
  • Total Rms: 11
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 7430.00
  • Assessor Parcel Number: 2166369

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 9, 2019
Sold by
Schmidt Douglas and Schmidt Holly M
Bought by
Mclaughin Diane C and Vera Shauna
Seller's Agent
Linda Hayes
William Raveis R.E. & Home Services
Buyer's Agent
M. J. Taglieri
Options Real Estate Services, LLC
List Price
$575,000
Sold Price
$590,000
Premium/Discount to List
$15,000
2.61%
Current Estimated Value
$848,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,641
Avg. Annual Appreciation
6.01%
Original Mortgage
$400,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Yanishevsky G and Yanishevsky Vladimir
Bought by
Schmidt Holly M

Purchase Details

Closed on
Nov 25, 1996
Sold by
Sentner Thomas P and Sentner Holly P
Bought by
Yanishevsky Vladimir and Yanishevsky Galina
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
Mclaughin Diane C $590,000 --
Schmidt Holly M $460,000 --
Schmidt Holly M $460,000 --
Yanishevsky Vladimir $185,000 --
Yanishevsky Vladimir $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin Dianne C $459,000
Closed Mclaughlin Dianne C $42,000
Closed Mclaughin Diane C $400,000
Previous Owner Yanishevsky Vladimir $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $590,000 +2.6% $270 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $575,000 -- $263 / 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 $9,191 $801,300 $249,000 $552,300
2024 $8,917 $776,100 $237,100 $539,000
2023 $8,423 $717,500 $219,600 $497,900
2022 $8,451 $658,700 $193,200 $465,500
2021 $8,023 $581,400 $149,300 $432,100
2020 $7,559 $528,600 $140,500 $388,100
2019 $7,430 $488,800 $123,000 $365,800
2018 $7,643 $477,700 $123,000 $354,700
2017 $7,329 $420,000 $105,400 $314,600
2016 $6,705 $386,900 $83,400 $303,500
2015 $6,635 $386,900 $83,400 $303,500
2014 $5,982 $319,900 $59,700 $260,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72541905

MLS Property Information Network (MLS PIN)

APN: SWAM-000007-000019