NOT LISTED FOR SALE

Estimated Value: $800,258 - $977,000

7 Beds
2 Baths
3,110 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $698,000 $224 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,310/month

9 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Property is near public transit
  • Medical Services
  • Deck
  • Wood Flooring

About This Home

As of October 2021

Welcome to 73 Western Ave! This large, move-in ready multifamily home with two units includes a bonus finished attic space! The first floor unit features three bedrooms, living room, dining room, kitchen, office and bathroom. The second and third floor unit features 4 bedrooms, living/dining room, eat-in kitchen, office, bathroom and walk-up finished attic with two large additional rooms. Both units include access to a new deck, as well as a private backyard. This home is directly on the bus line and within minutes of the MBTA train station in Swampscott. You must see these units in person to appreciate all the space available! Open houses on Saturday 7/24 and Sunday 7/25 from 10am-1130am.

Last Agent to Sell the Property

Timothy Borders

Coldwell Banker Realty - Lynnfield Listed on: 07/20/2021

Coldwell Banker Realty - Lynnfield

Last Buyer's Agent

Diana Franco

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,424

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,110 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:098 B:162 L:015,1990229

Community Details

Recreation

  • Golf Course Community

Additional Features

  • 2 Units
  • Medical Services

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,424

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry), Unit 2(Pantry), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Loft,Office/Den)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Walk-Out Access, Concrete, Unfinished
  • Living Area: 3110
  • Stories Total: 3
  • MAIN LO: AN4305
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Forced Air,Gas,Unit Control), Unit 2(Forced Air,Gas,Unit Control)
  • Cooling Y N: Yes
  • Electric: 100 Amp Service, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Golf, Medical Facility, Highway Access, Public School, T-Station

Lot Info

  • Parcel Number: M:098 B:162 L:015,1990229
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4500

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7424

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 27, 2021
Sold by
Butler Donna M
Bought by
Gonzalez Alicia G and Gonzalez Gustavo
Seller's Agent
Timothy Borders
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Diana Franco
Century 21 North East
List Price
$675,000
Sold Price
$698,000
Premium/Discount to List
$23,000
3.41%
Current Estimated Value
$880,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,815
Avg. Annual Appreciation
5.84%
Original Mortgage
$677,060
Outstanding Balance
$618,754
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$262,061

Purchase Details

Closed on
May 1, 1998
Sold by
Rogers Robert F
Bought by
Butler Donna M

Purchase Details

Closed on
Dec 21, 1987
Sold by
Tillman Thomas C
Bought by
Vavoudes Steven M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gonzalez Alicia G $690,000 None Available
Butler Donna M $148,000 --
Vavoudes Steven M $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Alicia G $677,060
Previous Owner Vavoudes Steven M $46,702
Previous Owner Vavoudes Steven M $208,953
Previous Owner Vavoudes Steven M $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2021 10/27/21 Sold $698,000 +3.4% $224 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $675,000 -- $217 / 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 $8,065 $778,468 $198,800 $579,668
2024 $7,637 $725,300 $189,300 $536,000
2023 $7,612 $682,700 $184,600 $498,100
2022 $7,649 $615,400 $154,000 $461,400
2021 $7,424 $569,800 $132,800 $437,000
2020 $6,880 $513,400 $125,500 $387,900
2019 $6,645 $464,700 $117,300 $347,400
2018 $6,149 $405,900 $114,300 $291,600
2017 $5,870 $376,300 $100,900 $275,400
2016 $5,372 $332,000 $89,300 $242,700
2015 $4,956 $295,900 $81,100 $214,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868506

MLS Property Information Network (MLS PIN)

APN: LYNN-000098-000162-000015