NOT LISTED FOR SALE

7 Thorndike Terrace Unit 1 Swampscott, MA 01907

Estimated Value: $431,000 - $568,000

2 Beds
1 Bath
1,118 Sq Ft
3,049 Sq Ft Lot

Last Sold July 06, 2020

Last sale price $345,000 $309 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,070/month

68 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 4-minute walk to Linscott Park
  • Swampscott High School Rated A-

About This Home

As of July 2020

Affordable Olmstead District home! Be in by Summer to enjoy all that Swampscott has to offer - Beautiful beaches, concerts on town green, Sunday Farmers market boating at Fisherman's beach. Short distance to sandy beaches, library, town green, restaurants and shops. Close to restaurants for all your take out needs!! Walk to train (22 min train ride to North Station, Boston). Bus stop is right around the corner. 20 minute drive to Logan airport. 15 minute drive to Wonderland T station. Two bedroom, renovated condo with hardwood floors, central air, granite kitchen, stainless appliances. Laundry for unit is in the basement. Finished room in basement , deeded to unit 1, great for guests, home office, workout or tv room. Open concept perfect for entertaining. Eat in kitchen, fenced yard.

Last Listed By

Nancy Hughes

Conway - Swampscott Listed on: 03/22/2020

Conway - Swampscott

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 1858

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,778

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: 2/3 Family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 312.16
  • Comp Based On: Net Sale Price
  • Year Built: 1858
  • Lead Paint: Unknown
  • Unit Building: 1
  • Unit Level: 1
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1858

Interior Features

  • Flooring: Wood, Tile
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor
  • No Rooms: 5
  • Family Room: On Level: Basement
  • Kitchen: On Level: First Floor
  • Laundry: On Level: Basement
  • Living Room: On Level: First Floor
  • Basement: Y
  • Other Room 1: On Level: Basement
  • No Living Levels: 2
  • Main Lo: A14050
  • Main So: BB5522
  • Estimated Sq Ft: 1118.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Exterior: Vinyl
  • Exterior Unit Features: Porch

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Marina, Public School, T-Station, University

Lot Info

  • Assessments: 296000.00
  • Page: 4186
  • Zoning: res

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 4232.00
  • Assessor Parcel Number: 4716952

Multi Family

  • No Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 6, 2019
Sold by
Sutherland Brian S and Sutherland Lyudmila
Bought by
Hunt Boucher and Hunt Jennifer M
Seller's Agent
Joseph Tofalo
Conway - Swampscott
Buyer's Agent
Nancy Hughes
Conway - Swampscott
List Price
$316,000
Sold Price
$326,800
Premium/Discount to List
$10,800
3.42%
Total Days on Market
68
Current Estimated Value
$481,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,068
Avg. Annual Appreciation
7.40%
Original Mortgage
$261,540
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Sutherland Rt and Sutherland
Bought by
Sutherland Lyudmila and Sutherland Brian S

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 19, 2014
Sold by
Sutherland Lyudmila
Bought by
Sutherland Rt and Sutherland
Seller's Agent
Nancy Hughes
Conway - Swampscott
Buyer's Agent
Joseph Tofalo
Conway - Swampscott
List Price
$229,000
Sold Price
$228,000
Premium/Discount to List
-$1,000
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$216,600
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2012
Sold by
Hill Maryanne C
Bought by
Conway Maryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Butler Patrick
Bought by
Hill Maryanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,125
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2007
Sold by
Corbeil Loretta E
Bought by
Butler Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Hunt Boucher $326,800 None Available
Sutherland Lyudmila -- --
Sutherland Rt -- --
Conway Maryanne -- --
Hill Maryanne C $187,500 --
Butler Patrick $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalor-Bailey Douglas $327,750
Closed Hunt Boucher $261,540
Previous Owner Sutherland Lyudmila $216,600
Previous Owner Butler Patrick $178,125
Previous Owner Butler Patrick $178,125
Previous Owner Butler Patrick $110,000
Previous Owner Butler Patrick $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2020 07/06/20 Sold $345,000 -1.1% $309 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $349,000 +6.8% $312 / Sq Ft
12/12/2019 12/12/19 Sold $326,800 +3.4% $292 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $316,000 +38.6% $283 / Sq Ft
04/30/2014 04/30/14 Sold $228,000 0.0% $204 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
03/20/2014 03/20/14 Off Market $228,000 -- --
03/14/2014 03/14/14 For Sale $229,000 -- $205 / 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
2024 $4,778 $415,800 $0 $415,800
2023 $4,405 $375,200 $0 $375,200
2022 $4,301 $335,200 $0 $335,200
2021 $4,245 $307,600 $0 $307,600
2020 $4,233 $296,000 $0 $296,000
2019 $4,049 $266,400 $0 $266,400
2018 $4,262 $266,400 $0 $266,400
2017 $3,905 $223,800 $0 $223,800
2016 $3,878 $223,800 $0 $223,800
2015 $3,756 $219,000 $0 $219,000
2014 $3,405 $182,100 $0 $182,100
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Hughes

    Conway - Swampscott

    (781) 913-6074

    7 in this area

    21 Total Sales

    Nancy Hughes
    Section Image
  • Ryan Wilson

    Buyer's Agent in 2020

    Ryan Wilson

    Keller Williams Realty

    (781) 424-6286

    1 in this area

    662 Total Sales

    Ryan Wilson
    Section Image

  • J

    Seller's Agent in 2019

    Joseph Tofalo

    Conway - Swampscott

    (978) 500-5513

    9 Total Sales

    Joseph Tofalo
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72636964

MLS Property Information Network (MLS PIN)

APN: SWAM-000002-000155-D000001

Massachusetts Essex County Swampscott 01907

7 Thorndike Terrace Unit 1, Swampscott, MA

Homes for Sale in Swampscott, MA

This home is located at 7 Thorndike Terrace Unit 1, Swampscott, MA 01907 since 22 March 2020 and is currently estimated at $481,868, approximately $431 per square foot. This property was built in 1858. 7 Thorndike Terrace Unit 1 is a home located in Essex County with nearby schools including Swampscott Middle School and Swampscott High School.

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