NOT LISTED FOR SALE

Estimated Value: $765,580 - $854,000

4 Beds
2 Baths
2,312 Sq Ft
$359/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $710,000 $307 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,980/month

37 Days on Market

About This Home

As of January 2023

Location! Location! Location! Attention owners/investors don't miss this meticulously maintained two family with positive cash flow! Great opportunity to own an income producing property. Both units have tenants in place but can also be delivered vacant. 4 bed 2 bath two family in prime location on the Swampscott line with 2-car garage. Hardwood floors and abundance natual light throughout. Front and back decks with fenced in back yard. Finished bonus room in basement and extra storage room. Separate entrance to walk up unfinished attic with roughed in plumbing currently used for extra storage. Hardwood floors recently refinished. Harvey windows throughout/Anderson windows (kitchen). Stainless steel appliances. New blinds/shades (flr 1). Newer toilets and sinks. 3 newer electrical boxes. 3 miles to Swampscott train station. ½ mile to Kings Beach.

Last Agent to Sell the Property

Tara True-Murphy

Gibson Sotheby's International Realty Listed on: 09/26/2022

Gibson Sotheby's International Realty

Last Buyer's Agent

Eclipse Group

Cameron Real Estate Group

Cameron Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,920

Year Built

  • Built in 1920

Lot Details

  • 3,919

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,312 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 3,919 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $59,100

Listing and Financial Details

  • Total Actual Rent $4,925
  • Assessor Parcel Number M:104 B:533 L:006,2000595

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,920

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2312
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: BB5918
  • MAIN SO: AN4281

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:104 B:533 L:006,2000595
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3919
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7920

Multi Family

  • Net Operating Income: 59100
  • Number Of Units Total: 2
  • Total Actual Rent: 4925
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Jan 20, 2023
Sold by
Argueta-Castillo N L
Bought by
Castillo Norberto L and Lopez Andina M
Seller's Agent
Tara True-Murphy
Gibson Sotheby's International Realty
Buyer's Agent
Eclipse Group
Cameron Real Estate Group
List Price
$759,000
Sold Price
$710,000
Premium/Discount to List
-$49,000
-6.46%
Views
135
Current Estimated Value
$829,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,145
Avg. Annual Appreciation
5.53%
Original Mortgage
$532,500
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 20, 2020
Sold by
Eldridge
Bought by
Akelian Jacques and Akelian Kristen
Seller's Agent
Amy Brisson Haley
East5thRealty Corp
Buyer's Agent
Amy Brisson Haley
East5thRealty Corp
List Price
$629,900
Sold Price
$660,000
Premium/Discount to List
$30,100
4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%
Original Mortgage
$495,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2011
Sold by
Florence M Harris Ft and Mcgilvery
Bought by
Mcgilvery
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castillo Norberto L -- None Available
Argueta-Castillo N L $710,000 None Available
Castillo Norberto L -- None Available
Castillo Norberto L -- None Available
Akelian Jacques $660,000 None Available
Mcgilvery -- --
Mcgilvery -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argueta-Castillo N L $532,500
Previous Owner Akelian Jacques $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2023 01/20/23 Sold $710,000 -3.4% $307 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/30/2022 10/30/22 Price Changed $734,900 -3.2% $318 / Sq Ft
09/26/2022 09/26/22 For Sale $759,000 +15.0% $328 / Sq Ft
11/02/2020 11/02/20 Sold $660,000 +4.8% $285 / Sq Ft View Prior Sale
09/22/2020 09/22/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $629,900 -- $272 / 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 $7,589 $732,492 $198,900 $533,592
2024 $7,921 $752,200 $187,000 $565,200
2023 $7,922 $710,500 $184,400 $526,100
2022 $7,920 $637,200 $148,400 $488,800
2021 $7,858 $603,100 $125,500 $477,600
2020 $7,343 $548,000 $122,500 $425,500
2019 $7,107 $497,000 $114,500 $382,500
2018 $6,769 $446,800 $123,400 $323,400
2017 $6,100 $391,000 $87,300 $303,700
2016 $5,568 $344,100 $75,000 $269,100
2015 $5,206 $310,800 $71,200 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73040957

MLS Property Information Network (MLS PIN)

APN: LYNN-000104-000533-000006